{
  "ticker": {
    "uuid": "723615de-a0cb-4de6-805e-d36102507f25",
    "symbol": "EMUSD",
    "name": "UBS Core MSCI EMU UCITS ETF hUSD dis",
    "exchange": "EBS",
    "country": "CH",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^SSMI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 85.355,
    "architecture_energy": 69.046,
    "architecture_maturity": 76.704,
    "architecture_confidence": 68.261,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 13.98,
        "rotation_up": 55.76,
        "upward_expansion": 83.0,
        "deceleration": 70.83,
        "rotation_down": 28.06,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        21.938333,
        21.839636,
        21.425081,
        21.006354
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 22.41,
    "trend_reference": 20.553473,
    "distance_from_trend": 0.090327,
    "trend_direction": "Improving",
    "fair_value": 16.586295,
    "distance_from_fair_value": 0.351115,
    "fair_value_direction": "Improving",
    "relative_strength": 2.810052,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.119056,
    "excess_performance": 0.036173,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.090327,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.047398,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.351115,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06153,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.028101,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.030625,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.119056,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.823344,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 500,
      "relative_activity": 0.060703,
      "balance": 0.823344,
      "dry_up": 0.290463,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.018055,
      "annualized_volatility": 0.168821,
      "from_high_reference": -0.001559,
      "from_low_reference": 0.277336
    },
    "levels": {
      "trend_reference": 20.553473,
      "fair_value_reference": 16.586295,
      "structural_low": 18.636,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 36,
        "median_return": 0.004705,
        "positive_rate": 0.611111,
        "directional_follow_through": 0.611111,
        "median_excess_return": 0.007451,
        "regime_survival": 0.805556,
        "best_return": 0.06437,
        "worst_return": -0.082648,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": 0.012003,
        "positive_rate": 0.769231,
        "directional_follow_through": 0.769231,
        "median_excess_return": 0.023159,
        "regime_survival": 0.615385,
        "best_return": 0.093835,
        "worst_return": -0.09555,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.096181,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": 0.040105,
        "regime_survival": 0.625,
        "best_return": 0.12202,
        "worst_return": -0.163468,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.129609,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.107274,
        "regime_survival": 0.75,
        "best_return": 0.228935,
        "worst_return": -0.012056,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-01",
        "end": "2023-12-15",
        "tenure": "New",
        "return": 0.030719,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-22",
        "end": "2024-06-21",
        "tenure": "Extended",
        "return": 0.100732,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-28",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.038851,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.012232,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-30",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": 0.022976,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-04",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": -0.020092,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-15",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.061361,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.040459,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.044894,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.043478,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.115834,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.008264,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.055143,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.11354,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 12.652557,
        "volume": 0,
        "typical_volume": 752.1,
        "trend": 12.65904,
        "fair_value": 11.222681,
        "relative_strength": 8.534067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.873764,
        "energy": 17.939441,
        "activity_lines": [
          12.887851,
          12.914749,
          12.874145,
          12.784787
        ]
      },
      {
        "date": "2023-08-25",
        "close": 12.726213,
        "volume": 250,
        "typical_volume": 764.6,
        "trend": 12.675587,
        "fair_value": 11.24647,
        "relative_strength": 7.618989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 18.123979,
        "energy": 17.941505,
        "activity_lines": [
          12.8074,
          12.881385,
          12.864715,
          12.789121
        ]
      },
      {
        "date": "2023-09-01",
        "close": 12.895081,
        "volume": 0,
        "typical_volume": 764.6,
        "trend": 12.689376,
        "fair_value": 11.271095,
        "relative_strength": 7.485887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.870026,
        "energy": 19.917625,
        "activity_lines": [
          12.806832,
          12.883211,
          12.870337,
          12.803282
        ]
      },
      {
        "date": "2023-09-08",
        "close": 12.713638,
        "volume": 0,
        "typical_volume": 764.6,
        "trend": 12.701799,
        "fair_value": 11.294749,
        "relative_strength": 6.826139,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.869497,
        "energy": 15.048391,
        "activity_lines": [
          12.770526,
          12.848166,
          12.857845,
          12.804847
        ]
      },
      {
        "date": "2023-09-15",
        "close": 12.844781,
        "volume": 0,
        "typical_volume": 764.6,
        "trend": 12.710868,
        "fair_value": 11.318987,
        "relative_strength": 5.200576,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.470188,
        "energy": 11.449161,
        "activity_lines": [
          12.791246,
          12.84184,
          12.858125,
          12.814072
        ]
      },
      {
        "date": "2023-09-22",
        "close": 12.661539,
        "volume": 200,
        "typical_volume": 478.9,
        "trend": 12.722842,
        "fair_value": 11.345362,
        "relative_strength": 5.091918,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.628081,
        "energy": 8.327965,
        "activity_lines": [
          12.756274,
          12.797602,
          12.840418,
          12.810889
        ]
      },
      {
        "date": "2023-09-29",
        "close": 12.489079,
        "volume": 0,
        "typical_volume": 478.9,
        "trend": 12.721049,
        "fair_value": 11.369238,
        "relative_strength": 3.795248,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.847843,
        "energy": 40.56269,
        "activity_lines": [
          12.663217,
          12.728724,
          12.806608,
          12.795808
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.343564,
        "volume": 0,
        "typical_volume": 310.0,
        "trend": 12.719907,
        "fair_value": 11.390553,
        "relative_strength": 3.45408,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.20728,
        "energy": 63.167239,
        "activity_lines": [
          12.537464,
          12.644135,
          12.760099,
          12.771454
        ]
      },
      {
        "date": "2023-10-13",
        "close": 12.377697,
        "volume": 0,
        "typical_volume": 310.0,
        "trend": 12.736348,
        "fair_value": 11.412654,
        "relative_strength": 2.820792,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.360869,
        "energy": 71.277746,
        "activity_lines": [
          12.459856,
          12.582528,
          12.719561,
          12.749376
        ]
      },
      {
        "date": "2023-10-20",
        "close": 12.081278,
        "volume": 240,
        "typical_volume": 322.0,
        "trend": 12.73811,
        "fair_value": 11.433176,
        "relative_strength": 5.354961,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -87.921858,
        "energy": 90.530545,
        "activity_lines": [
          12.305838,
          12.476764,
          12.652617,
          12.707113
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.998642,
        "volume": 0,
        "typical_volume": 72.0,
        "trend": 12.721198,
        "fair_value": 11.45707,
        "relative_strength": 4.549569,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.524846,
        "energy": 94.374742,
        "activity_lines": [
          12.175175,
          12.371328,
          12.581187,
          12.659406
        ]
      },
      {
        "date": "2023-11-03",
        "close": 12.460336,
        "volume": 0,
        "typical_volume": 72.0,
        "trend": 12.719559,
        "fair_value": 11.479883,
        "relative_strength": 5.571497,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.431743,
        "energy": 80.841087,
        "activity_lines": [
          12.242603,
          12.361725,
          12.557273,
          12.642576
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.550159,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.713892,
        "fair_value": 11.49951,
        "relative_strength": 6.247523,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.614992,
        "energy": 52.58814,
        "activity_lines": [
          12.341888,
          12.373288,
          12.544355,
          12.631647
        ]
      },
      {
        "date": "2023-11-17",
        "close": 12.86993,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.717127,
        "fair_value": 11.520244,
        "relative_strength": 6.791868,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.91365,
        "energy": 15.388652,
        "activity_lines": [
          12.53399,
          12.449262,
          12.562517,
          12.641714
        ]
      },
      {
        "date": "2023-11-24",
        "close": 13.053171,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.727817,
        "fair_value": 11.541113,
        "relative_strength": 6.587065,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 27.077177,
        "energy": 37.866003,
        "activity_lines": [
          12.754358,
          12.555711,
          12.598663,
          12.663394
        ]
      },
      {
        "date": "2023-12-01",
        "close": 13.21665,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.744073,
        "fair_value": 11.562804,
        "relative_strength": 7.510737,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.898927,
        "energy": 53.254079,
        "activity_lines": [
          12.964425,
          12.688095,
          12.648183,
          12.694932
        ]
      },
      {
        "date": "2023-12-08",
        "close": 13.511271,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.770033,
        "fair_value": 11.586974,
        "relative_strength": 7.734936,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 55.177496,
        "energy": 81.091737,
        "activity_lines": [
          13.191499,
          12.863953,
          12.724877,
          12.744428
        ]
      },
      {
        "date": "2023-12-15",
        "close": 13.622653,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.793619,
        "fair_value": 11.610796,
        "relative_strength": 7.122202,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 89.709704,
        "energy": 96.112817,
        "activity_lines": [
          13.385638,
          13.041478,
          12.810127,
          12.799436
        ]
      },
      {
        "date": "2023-12-22",
        "close": 13.599299,
        "volume": 0,
        "typical_volume": 34.5,
        "trend": 12.821577,
        "fair_value": 11.634651,
        "relative_strength": 6.97514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.082261,
        "energy": 93.186381,
        "activity_lines": [
          13.500493,
          13.191499,
          12.891454,
          12.851415
        ]
      },
      {
        "date": "2023-12-29",
        "close": 13.489713,
        "volume": 600,
        "typical_volume": 64.5,
        "trend": 12.844828,
        "fair_value": 11.657011,
        "relative_strength": 5.947984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.507082,
        "energy": 88.710451,
        "activity_lines": [
          13.530194,
          13.299386,
          12.959078,
          12.894521
        ]
      },
      {
        "date": "2024-01-05",
        "close": 13.444802,
        "volume": 0,
        "typical_volume": 64.5,
        "trend": 12.868221,
        "fair_value": 11.677646,
        "relative_strength": 4.87695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.004914,
        "energy": 87.425437,
        "activity_lines": [
          13.515822,
          13.373498,
          13.019739,
          12.933229
        ]
      },
      {
        "date": "2024-01-12",
        "close": 13.471749,
        "volume": 533,
        "typical_volume": 78.65,
        "trend": 12.884846,
        "fair_value": 11.699205,
        "relative_strength": 4.480682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.108323,
        "energy": 77.801267,
        "activity_lines": [
          13.495223,
          13.426217,
          13.079194,
          12.972166
        ]
      },
      {
        "date": "2024-01-19",
        "close": 13.369349,
        "volume": 0,
        "typical_volume": 78.65,
        "trend": 12.907772,
        "fair_value": 11.720107,
        "relative_strength": 4.150046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.131202,
        "energy": 61.602909,
        "activity_lines": [
          13.443125,
          13.441927,
          13.125346,
          13.003424
        ]
      },
      {
        "date": "2024-01-26",
        "close": 13.840026,
        "volume": 0,
        "typical_volume": 78.65,
        "trend": 12.93638,
        "fair_value": 11.745891,
        "relative_strength": 5.309561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.799473,
        "energy": 70.312242,
        "activity_lines": [
          13.564806,
          13.528321,
          13.214066,
          13.06357
        ]
      },
      {
        "date": "2024-02-02",
        "close": 13.867103,
        "volume": 0,
        "typical_volume": 78.65,
        "trend": 12.978883,
        "fair_value": 11.768698,
        "relative_strength": 6.689671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.97415,
        "energy": 84.05088,
        "activity_lines": [
          13.679464,
          13.602,
          13.300001,
          13.123616
        ]
      },
      {
        "date": "2024-02-09",
        "close": 13.987953,
        "volume": 173,
        "typical_volume": 77.3,
        "trend": 13.010783,
        "fair_value": 11.792023,
        "relative_strength": 8.780787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.263423,
        "energy": 93.868576,
        "activity_lines": [
          13.809247,
          13.682853,
          13.392578,
          13.188718
        ]
      },
      {
        "date": "2024-02-16",
        "close": 14.121428,
        "volume": 0,
        "typical_volume": 77.3,
        "trend": 13.045494,
        "fair_value": 11.816428,
        "relative_strength": 7.457637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.563836,
        "energy": 96.21744,
        "activity_lines": [
          13.947311,
          13.773951,
          13.49155,
          13.260372
        ]
      },
      {
        "date": "2024-02-23",
        "close": 14.372148,
        "volume": 0,
        "typical_volume": 77.3,
        "trend": 13.082358,
        "fair_value": 11.84271,
        "relative_strength": 7.328438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.557425,
        "energy": 98.01201,
        "activity_lines": [
          14.125636,
          13.89954,
          13.606627,
          13.345963
        ]
      },
      {
        "date": "2024-03-01",
        "close": 14.419044,
        "volume": 0,
        "typical_volume": 77.3,
        "trend": 13.132549,
        "fair_value": 11.869455,
        "relative_strength": 7.46819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.009328,
        "energy": 97.165566,
        "activity_lines": [
          14.25274,
          14.020029,
          13.71651,
          13.432201
        ]
      },
      {
        "date": "2024-03-08",
        "close": 14.622867,
        "volume": 0,
        "typical_volume": 65.3,
        "trend": 13.189124,
        "fair_value": 11.895127,
        "relative_strength": 7.366627,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.565451,
        "energy": 98.434412,
        "activity_lines": [
          14.409184,
          14.162671,
          13.836085,
          13.52835
        ]
      },
      {
        "date": "2024-03-15",
        "close": 14.705836,
        "volume": 0,
        "typical_volume": 65.3,
        "trend": 13.257567,
        "fair_value": 11.921072,
        "relative_strength": 7.46078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.367668,
        "energy": 97.313499,
        "activity_lines": [
          14.5429,
          14.299797,
          13.951458,
          13.626202
        ]
      },
      {
        "date": "2024-03-22",
        "close": 14.875389,
        "volume": 0,
        "typical_volume": 65.3,
        "trend": 13.329206,
        "fair_value": 11.947728,
        "relative_strength": 8.66551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.339299,
        "energy": 97.527835,
        "activity_lines": [
          14.685275,
          14.444822,
          14.070088,
          13.730578
        ]
      },
      {
        "date": "2024-03-29",
        "close": 15.017885,
        "volume": 2296,
        "typical_volume": 180.1,
        "trend": 13.399966,
        "fair_value": 11.97406,
        "relative_strength": 8.698466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.322921,
        "energy": 96.608688,
        "activity_lines": [
          14.824884,
          14.590235,
          14.190789,
          13.839525
        ]
      },
      {
        "date": "2024-04-05",
        "close": 14.891623,
        "volume": 900,
        "typical_volume": 225.1,
        "trend": 13.472565,
        "fair_value": 11.998947,
        "relative_strength": 9.659654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.754587,
        "energy": 70.054583,
        "activity_lines": [
          14.879357,
          14.682718,
          14.287714,
          13.935761
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.792417,
        "volume": 0,
        "typical_volume": 225.1,
        "trend": 13.537487,
        "fair_value": 12.022993,
        "relative_strength": 9.722707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.571936,
        "energy": 68.808685,
        "activity_lines": [
          14.869256,
          14.738043,
          14.365563,
          14.020913
        ]
      },
      {
        "date": "2024-04-19",
        "close": 14.635493,
        "volume": 900,
        "typical_volume": 270.1,
        "trend": 13.603285,
        "fair_value": 12.045528,
        "relative_strength": 9.037574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.885905,
        "energy": 67.501654,
        "activity_lines": [
          14.795544,
          14.748013,
          14.420185,
          14.091752
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.877193,
        "volume": 31441,
        "typical_volume": 1842.15,
        "trend": 13.682889,
        "fair_value": 12.069774,
        "relative_strength": 10.017243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.977526,
        "energy": 70.019885,
        "activity_lines": [
          14.807088,
          14.790155,
          14.49107,
          14.17394
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.835709,
        "volume": 15953,
        "typical_volume": 2639.8,
        "trend": 13.76596,
        "fair_value": 12.092538,
        "relative_strength": 10.024535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.617521,
        "energy": 61.23112,
        "activity_lines": [
          14.804684,
          14.811013,
          14.5515,
          14.248315
        ]
      },
      {
        "date": "2024-05-10",
        "close": 15.338947,
        "volume": 3786,
        "typical_volume": 2829.1,
        "trend": 13.864669,
        "fair_value": 12.118764,
        "relative_strength": 8.747005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.886566,
        "energy": 74.662206,
        "activity_lines": [
          14.98217,
          14.91494,
          14.65408,
          14.349798
        ]
      },
      {
        "date": "2024-05-17",
        "close": 15.409296,
        "volume": 4093,
        "typical_volume": 3003.75,
        "trend": 13.975603,
        "fair_value": 12.145118,
        "relative_strength": 6.386354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.776831,
        "energy": 76.021826,
        "activity_lines": [
          15.153285,
          15.014933,
          14.755077,
          14.449451
        ]
      },
      {
        "date": "2024-05-24",
        "close": 15.369613,
        "volume": 0,
        "typical_volume": 3003.75,
        "trend": 14.087968,
        "fair_value": 12.17026,
        "relative_strength": 6.76392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.400473,
        "energy": 75.631695,
        "activity_lines": [
          15.270047,
          15.093412,
          14.843153,
          14.539388
        ]
      },
      {
        "date": "2024-05-31",
        "close": 15.198257,
        "volume": 1331,
        "typical_volume": 3043.65,
        "trend": 14.179232,
        "fair_value": 12.193852,
        "relative_strength": 4.717233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.401828,
        "energy": 74.426806,
        "activity_lines": [
          15.280749,
          15.128666,
          14.905744,
          14.611019
        ]
      },
      {
        "date": "2024-06-07",
        "close": 15.421922,
        "volume": 1262,
        "typical_volume": 3106.75,
        "trend": 14.274958,
        "fair_value": 12.218081,
        "relative_strength": 3.848439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.549736,
        "energy": 77.369345,
        "activity_lines": [
          15.344601,
          15.198717,
          14.981415,
          14.691193
        ]
      },
      {
        "date": "2024-06-14",
        "close": 14.918678,
        "volume": 8834,
        "typical_volume": 3548.45,
        "trend": 14.343249,
        "fair_value": 12.239052,
        "relative_strength": 2.051879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.773929,
        "energy": 59.850666,
        "activity_lines": [
          15.201625,
          15.169923,
          14.999383,
          14.732723
        ]
      },
      {
        "date": "2024-06-21",
        "close": 14.969183,
        "volume": 0,
        "typical_volume": 3548.45,
        "trend": 14.407117,
        "fair_value": 12.260303,
        "relative_strength": 2.479459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.827882,
        "energy": 41.254863,
        "activity_lines": [
          15.103501,
          15.149819,
          15.017025,
          14.773106
        ]
      },
      {
        "date": "2024-06-28",
        "close": 14.922287,
        "volume": 0,
        "typical_volume": 3539.8,
        "trend": 14.463971,
        "fair_value": 12.281684,
        "relative_strength": 2.169782,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.298387,
        "energy": 27.8753,
        "activity_lines": [
          15.019087,
          15.117975,
          15.024953,
          14.806343
        ]
      },
      {
        "date": "2024-07-05",
        "close": 15.176611,
        "volume": 1209,
        "typical_volume": 3600.25,
        "trend": 14.519482,
        "fair_value": 12.30518,
        "relative_strength": 3.630789,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.108839,
        "energy": 30.285249,
        "activity_lines": [
          15.049269,
          15.127158,
          15.052653,
          14.852319
        ]
      },
      {
        "date": "2024-07-12",
        "close": 15.364202,
        "volume": 631,
        "typical_volume": 3631.8,
        "trend": 14.577534,
        "fair_value": 12.329965,
        "relative_strength": 1.753722,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.368248,
        "energy": 37.451592,
        "activity_lines": [
          15.143424,
          15.165003,
          15.093194,
          14.906817
        ]
      },
      {
        "date": "2024-07-19",
        "close": 14.826688,
        "volume": 9191,
        "typical_volume": 4091.35,
        "trend": 14.618447,
        "fair_value": 12.350001,
        "relative_strength": -0.339318,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.468009,
        "energy": 18.246573,
        "activity_lines": [
          15.062256,
          15.09551,
          15.07782,
          14.922892
        ]
      },
      {
        "date": "2024-07-26",
        "close": 14.880799,
        "volume": 631,
        "typical_volume": 4122.9,
        "trend": 14.664817,
        "fair_value": 12.370374,
        "relative_strength": -0.59958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.405686,
        "energy": 12.017505,
        "activity_lines": [
          15.005257,
          15.045169,
          15.065657,
          14.939818
        ]
      },
      {
        "date": "2024-08-02",
        "close": 14.314427,
        "volume": 0,
        "typical_volume": 4122.9,
        "trend": 14.693804,
        "fair_value": 12.385916,
        "relative_strength": -1.500986,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -20.886969,
        "energy": 25.764719,
        "activity_lines": [
          14.765361,
          14.901461,
          14.998326,
          14.917212
        ]
      },
      {
        "date": "2024-08-09",
        "close": 14.342544,
        "volume": 6952,
        "typical_volume": 4470.5,
        "trend": 14.722831,
        "fair_value": 12.400437,
        "relative_strength": -1.293386,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -40.296287,
        "energy": 51.056161,
        "activity_lines": [
          14.57536,
          14.78205,
          14.935537,
          14.89455
        ]
      },
      {
        "date": "2024-08-16",
        "close": 14.855521,
        "volume": 193820,
        "typical_volume": 14046.7,
        "trend": 14.77237,
        "fair_value": 12.41971,
        "relative_strength": -0.551032,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.383402,
        "energy": 45.61407,
        "activity_lines": [
          14.611957,
          14.771465,
          14.92414,
          14.903111
        ]
      },
      {
        "date": "2024-08-23",
        "close": 15.037239,
        "volume": 18396,
        "typical_volume": 14921.5,
        "trend": 14.812277,
        "fair_value": 12.439525,
        "relative_strength": -0.716422,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -10.229587,
        "energy": 25.517831,
        "activity_lines": [
          14.743038,
          14.804219,
          14.930823,
          14.920199
        ]
      },
      {
        "date": "2024-08-30",
        "close": 15.241673,
        "volume": 1260,
        "typical_volume": 14984.5,
        "trend": 14.858096,
        "fair_value": 12.460192,
        "relative_strength": -0.183668,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.192221,
        "energy": 19.762918,
        "activity_lines": [
          14.928227,
          14.871987,
          14.956282,
          14.947902
        ]
      },
      {
        "date": "2024-09-06",
        "close": 14.857413,
        "volume": 282,
        "typical_volume": 14953.6,
        "trend": 14.887078,
        "fair_value": 12.478472,
        "relative_strength": 1.479486,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.66086,
        "energy": 13.896484,
        "activity_lines": [
          14.961271,
          14.864935,
          14.943006,
          14.947858
        ]
      },
      {
        "date": "2024-09-13",
        "close": 14.976667,
        "volume": 645,
        "typical_volume": 13413.8,
        "trend": 14.915586,
        "fair_value": 12.49862,
        "relative_strength": 1.043956,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.402186,
        "energy": 17.2463,
        "activity_lines": [
          14.997867,
          14.880745,
          14.94003,
          14.953638
        ]
      },
      {
        "date": "2024-09-20",
        "close": 15.067526,
        "volume": 0,
        "typical_volume": 12616.15,
        "trend": 14.938765,
        "fair_value": 12.519055,
        "relative_strength": 2.355394,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.552082,
        "energy": 16.728212,
        "activity_lines": [
          15.022475,
          14.91671,
          14.945234,
          14.963441
        ]
      },
      {
        "date": "2024-09-27",
        "close": 15.591863,
        "volume": 1262,
        "typical_volume": 12489.95,
        "trend": 14.977859,
        "fair_value": 12.544806,
        "relative_strength": 3.102674,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 63.361223,
        "energy": 50.579902,
        "activity_lines": [
          15.207728,
          15.053404,
          14.999271,
          15.005576
        ]
      },
      {
        "date": "2024-10-04",
        "close": 15.262494,
        "volume": 819,
        "typical_volume": 12326.25,
        "trend": 14.99918,
        "fair_value": 12.568085,
        "relative_strength": 2.705229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.350844,
        "energy": 46.491167,
        "activity_lines": [
          15.246216,
          15.116299,
          15.020735,
          15.023939
        ]
      },
      {
        "date": "2024-10-11",
        "close": 15.379855,
        "volume": 6455,
        "typical_volume": 12649.0,
        "trend": 15.021647,
        "fair_value": 12.590391,
        "relative_strength": 1.9517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.082957,
        "energy": 57.040448,
        "activity_lines": [
          15.322437,
          15.193594,
          15.054076,
          15.048499
        ]
      },
      {
        "date": "2024-10-18",
        "close": 15.413927,
        "volume": 7081,
        "typical_volume": 12936.5,
        "trend": 15.039598,
        "fair_value": 12.612632,
        "relative_strength": 0.617703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.807428,
        "energy": 64.45654,
        "activity_lines": [
          15.375186,
          15.257711,
          15.090613,
          15.073807
        ]
      },
      {
        "date": "2024-10-25",
        "close": 15.27196,
        "volume": 4810,
        "typical_volume": 13113.9,
        "trend": 15.048068,
        "fair_value": 12.633231,
        "relative_strength": 0.716921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.025023,
        "energy": 48.154128,
        "activity_lines": [
          15.351462,
          15.276537,
          15.112601,
          15.088799
        ]
      },
      {
        "date": "2024-11-01",
        "close": 15.073204,
        "volume": 0,
        "typical_volume": 12672.2,
        "trend": 15.05412,
        "fair_value": 12.650481,
        "relative_strength": 1.079271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.81574,
        "energy": 26.161766,
        "activity_lines": [
          15.247856,
          15.251654,
          15.116375,
          15.09042
        ]
      },
      {
        "date": "2024-11-08",
        "close": 14.955845,
        "volume": 1432,
        "typical_volume": 12743.8,
        "trend": 15.059568,
        "fair_value": 12.667209,
        "relative_strength": 1.609608,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.547697,
        "energy": 13.390444,
        "activity_lines": [
          15.139709,
          15.204779,
          15.108236,
          15.08408
        ]
      },
      {
        "date": "2024-11-15",
        "close": 14.961523,
        "volume": 6292,
        "typical_volume": 13058.4,
        "trend": 15.070436,
        "fair_value": 12.683601,
        "relative_strength": 3.000341,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.213608,
        "energy": 15.680978,
        "activity_lines": [
          15.053897,
          15.164133,
          15.100702,
          15.077754
        ]
      },
      {
        "date": "2024-11-22",
        "close": 14.798733,
        "volume": 11337,
        "typical_volume": 13564.8,
        "trend": 15.06782,
        "fair_value": 12.703056,
        "relative_strength": 1.00337,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.655095,
        "energy": 29.603848,
        "activity_lines": [
          14.941711,
          15.091996,
          15.077476,
          15.060225
        ]
      },
      {
        "date": "2024-11-29",
        "close": 14.94638,
        "volume": 500,
        "typical_volume": 13558.25,
        "trend": 15.071509,
        "fair_value": 12.723817,
        "relative_strength": 1.509177,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.394391,
        "energy": 36.547353,
        "activity_lines": [
          14.919753,
          15.049939,
          15.070112,
          15.05239
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.387426,
        "volume": 3731,
        "typical_volume": 13285.25,
        "trend": 15.073125,
        "fair_value": 12.745375,
        "relative_strength": 4.221202,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.029268,
        "energy": 8.170976,
        "activity_lines": [
          15.066516,
          15.090275,
          15.106742,
          15.072772
        ]
      },
      {
        "date": "2024-12-13",
        "close": 15.360927,
        "volume": 64408,
        "typical_volume": 16474.1,
        "trend": 15.071513,
        "fair_value": 12.767505,
        "relative_strength": 4.654097,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.451737,
        "energy": 22.416171,
        "activity_lines": [
          15.183498,
          15.12951,
          15.138178,
          15.09134
        ]
      },
      {
        "date": "2024-12-20",
        "close": 15.033453,
        "volume": 96846,
        "typical_volume": 21316.4,
        "trend": 15.060308,
        "fair_value": 12.785887,
        "relative_strength": 5.044696,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.445981,
        "energy": 19.644023,
        "activity_lines": [
          15.164316,
          15.107414,
          15.136139,
          15.088885
        ]
      },
      {
        "date": "2024-12-27",
        "close": 15.152707,
        "volume": 5114,
        "typical_volume": 21224.5,
        "trend": 15.058789,
        "fair_value": 12.804302,
        "relative_strength": 3.857419,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.575115,
        "energy": 26.705688,
        "activity_lines": [
          15.180091,
          15.1133,
          15.142034,
          15.094846
        ]
      },
      {
        "date": "2025-01-03",
        "close": 15.141349,
        "volume": 6907,
        "typical_volume": 11878.85,
        "trend": 15.049437,
        "fair_value": 12.822361,
        "relative_strength": 3.311109,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.030409,
        "energy": 25.926376,
        "activity_lines": [
          15.168481,
          15.121869,
          15.14299,
          15.100172
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.417714,
        "volume": 34615,
        "typical_volume": 12689.8,
        "trend": 15.066071,
        "fair_value": 12.84278,
        "relative_strength": 3.529298,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.227094,
        "energy": 35.218463,
        "activity_lines": [
          15.235995,
          15.183062,
          15.168904,
          15.123932
        ]
      },
      {
        "date": "2025-01-17",
        "close": 15.87958,
        "volume": 14085,
        "typical_volume": 13331.05,
        "trend": 15.096418,
        "fair_value": 12.867537,
        "relative_strength": 4.666843,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 81.127146,
        "energy": 71.485437,
        "activity_lines": [
          15.455445,
          15.321966,
          15.236995,
          15.176416
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.084015,
        "volume": 1689,
        "typical_volume": 13401.4,
        "trend": 15.135142,
        "fair_value": 12.89547,
        "relative_strength": 3.304291,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.120058,
        "energy": 85.702815,
        "activity_lines": [
          15.708463,
          15.481246,
          15.321517,
          15.240132
        ]
      },
      {
        "date": "2025-01-31",
        "close": 16.297915,
        "volume": 528,
        "typical_volume": 13395.55,
        "trend": 15.172519,
        "fair_value": 12.924685,
        "relative_strength": 2.010776,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.472323,
        "energy": 94.86297,
        "activity_lines": [
          15.962743,
          15.659007,
          15.420571,
          15.31515
        ]
      },
      {
        "date": "2025-02-07",
        "close": 16.354836,
        "volume": 20894,
        "typical_volume": 14440.25,
        "trend": 15.20554,
        "fair_value": 12.953191,
        "relative_strength": 2.339256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.910596,
        "energy": 93.469021,
        "activity_lines": [
          16.159651,
          15.819859,
          15.518753,
          15.391429
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.924492,
        "volume": 150,
        "typical_volume": 14384.65,
        "trend": 15.275467,
        "fair_value": 12.986017,
        "relative_strength": 3.760992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.454432,
        "energy": 97.643056,
        "activity_lines": [
          16.465544,
          16.058678,
          15.665058,
          15.502329
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.887552,
        "volume": 127,
        "typical_volume": 14350.05,
        "trend": 15.342359,
        "fair_value": 13.021609,
        "relative_strength": 2.581136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.024758,
        "energy": 94.791219,
        "activity_lines": [
          16.658672,
          16.262833,
          15.8015,
          15.606334
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.94199,
        "volume": 40563,
        "typical_volume": 16055.45,
        "trend": 15.429944,
        "fair_value": 13.06407,
        "relative_strength": 2.394806,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.324279,
        "energy": 92.630964,
        "activity_lines": [
          16.802748,
          16.449129,
          15.935388,
          15.709536
        ]
      },
      {
        "date": "2025-03-07",
        "close": 17.08003,
        "volume": 4279,
        "typical_volume": 15915.35,
        "trend": 15.521194,
        "fair_value": 13.105936,
        "relative_strength": 2.58061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.657064,
        "energy": 92.394299,
        "activity_lines": [
          16.935639,
          16.625823,
          16.074983,
          15.815993
        ]
      },
      {
        "date": "2025-03-14",
        "close": 16.733959,
        "volume": 1322,
        "typical_volume": 15740.95,
        "trend": 15.583808,
        "fair_value": 13.141551,
        "relative_strength": 1.690703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.999106,
        "energy": 68.422166,
        "activity_lines": [
          16.901032,
          16.704552,
          16.173686,
          15.894236
        ]
      },
      {
        "date": "2025-03-21",
        "close": 16.887552,
        "volume": 7917,
        "typical_volume": 16136.8,
        "trend": 15.645485,
        "fair_value": 13.178951,
        "relative_strength": 1.356536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.103319,
        "energy": 65.775866,
        "activity_lines": [
          16.892348,
          16.782251,
          16.280054,
          15.978349
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.617306,
        "volume": 2639,
        "typical_volume": 16197.15,
        "trend": 15.69134,
        "fair_value": 13.213391,
        "relative_strength": 1.538348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.559222,
        "energy": 59.76859,
        "activity_lines": [
          16.796044,
          16.78409,
          16.352045,
          16.041047
        ]
      },
      {
        "date": "2025-04-04",
        "close": 15.433271,
        "volume": 11674,
        "typical_volume": 16466.25,
        "trend": 15.710535,
        "fair_value": 13.241337,
        "relative_strength": 3.903834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 11.584766,
        "energy": 19.451068,
        "activity_lines": [
          16.323079,
          16.557236,
          16.30336,
          16.024397
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.984154,
        "volume": 32379,
        "typical_volume": 17518.35,
        "trend": 15.710785,
        "fair_value": 13.266469,
        "relative_strength": 4.498689,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -11.969175,
        "energy": 30.879447,
        "activity_lines": [
          15.800989,
          16.260557,
          16.209654,
          15.977534
        ]
      },
      {
        "date": "2025-04-18",
        "close": 15.656857,
        "volume": 6455,
        "typical_volume": 17816.1,
        "trend": 15.730429,
        "fair_value": 13.295739,
        "relative_strength": 5.172091,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.862451,
        "energy": 38.261455,
        "activity_lines": [
          15.642859,
          16.110074,
          16.179133,
          15.974055
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.277065,
        "volume": 5928,
        "typical_volume": 17925.95,
        "trend": 15.753269,
        "fair_value": 13.329565,
        "relative_strength": 6.681749,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.357652,
        "energy": 29.316732,
        "activity_lines": [
          15.763271,
          16.085046,
          16.204296,
          16.009322
        ]
      },
      {
        "date": "2025-05-02",
        "close": 16.81756,
        "volume": 3790,
        "typical_volume": 14895.05,
        "trend": 15.805105,
        "fair_value": 13.369212,
        "relative_strength": 7.328975,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.196681,
        "energy": 22.989688,
        "activity_lines": [
          16.104547,
          16.170062,
          16.276698,
          16.077986
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.984764,
        "volume": 3430,
        "typical_volume": 10224.25,
        "trend": 15.858602,
        "fair_value": 13.409086,
        "relative_strength": 9.723677,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.730419,
        "energy": 39.776526,
        "activity_lines": [
          16.488208,
          16.286751,
          16.358088,
          16.154093
        ]
      },
      {
        "date": "2025-05-16",
        "close": 17.326946,
        "volume": 2011,
        "typical_volume": 10069.1,
        "trend": 15.922369,
        "fair_value": 13.45156,
        "relative_strength": 9.480944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.995461,
        "energy": 65.292329,
        "activity_lines": [
          16.882497,
          16.464877,
          16.462775,
          16.248824
        ]
      },
      {
        "date": "2025-05-23",
        "close": 17.247234,
        "volume": 12030,
        "typical_volume": 10325.25,
        "trend": 15.988211,
        "fair_value": 13.490696,
        "relative_strength": 9.988541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.909518,
        "energy": 76.405493,
        "activity_lines": [
          17.094029,
          16.624021,
          16.549517,
          16.3343
        ]
      },
      {
        "date": "2025-05-30",
        "close": 17.492207,
        "volume": 661,
        "typical_volume": 8627.55,
        "trend": 16.068845,
        "fair_value": 13.531697,
        "relative_strength": 11.019086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.469363,
        "energy": 82.148754,
        "activity_lines": [
          17.281193,
          16.818373,
          16.649562,
          16.431332
        ]
      },
      {
        "date": "2025-06-06",
        "close": 17.587473,
        "volume": 1983,
        "typical_volume": 8022.45,
        "trend": 16.156566,
        "fair_value": 13.575348,
        "relative_strength": 10.099113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.573472,
        "energy": 82.520256,
        "activity_lines": [
          17.419103,
          17.019052,
          16.748801,
          16.529308
        ]
      },
      {
        "date": "2025-06-13",
        "close": 17.295839,
        "volume": 0,
        "typical_volume": 7938.0,
        "trend": 16.234376,
        "fair_value": 13.621271,
        "relative_strength": 9.932573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.902598,
        "energy": 68.70197,
        "activity_lines": [
          17.408475,
          17.149068,
          16.812132,
          16.602809
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.037256,
        "volume": 0,
        "typical_volume": 7911.6,
        "trend": 16.308994,
        "fair_value": 13.664233,
        "relative_strength": 10.484675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.334663,
        "energy": 49.357973,
        "activity_lines": [
          17.290914,
          17.198204,
          16.845066,
          16.654608
        ]
      },
      {
        "date": "2025-06-27",
        "close": 17.385277,
        "volume": 1500,
        "typical_volume": 6941.9,
        "trend": 16.39029,
        "fair_value": 13.710675,
        "relative_strength": 11.373962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.220242,
        "energy": 45.919611,
        "activity_lines": [
          17.308672,
          17.273287,
          16.907624,
          16.724045
        ]
      },
      {
        "date": "2025-07-04",
        "close": 17.328892,
        "volume": 0,
        "typical_volume": 6934.4,
        "trend": 16.455006,
        "fair_value": 13.755582,
        "relative_strength": 10.786871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.572592,
        "energy": 38.722936,
        "activity_lines": [
          17.298432,
          17.306692,
          16.959905,
          16.7846
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.639969,
        "volume": 1734,
        "typical_volume": 7014.75,
        "trend": 16.530974,
        "fair_value": 13.803065,
        "relative_strength": 12.716035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.432219,
        "energy": 50.324053,
        "activity_lines": [
          17.402773,
          17.377533,
          17.039887,
          16.86105
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.556366,
        "volume": 0,
        "typical_volume": 4986.6,
        "trend": 16.615071,
        "fair_value": 13.84793,
        "relative_strength": 11.352238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.369488,
        "energy": 64.129993,
        "activity_lines": [
          17.475746,
          17.41822,
          17.108324,
          16.927204
        ]
      },
      {
        "date": "2025-07-25",
        "close": 17.616638,
        "volume": 0,
        "typical_volume": 4772.65,
        "trend": 16.697202,
        "fair_value": 13.891198,
        "relative_strength": 11.568007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.313565,
        "energy": 74.894076,
        "activity_lines": [
          17.551441,
          17.459473,
          17.179575,
          16.991821
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.574169,
        "volume": 0,
        "typical_volume": 4706.55,
        "trend": 16.778296,
        "fair_value": 13.933779,
        "relative_strength": 11.969341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.152345,
        "energy": 75.520782,
        "activity_lines": [
          17.574355,
          17.487738,
          17.244227,
          17.0484
        ]
      },
      {
        "date": "2025-08-08",
        "close": 17.647768,
        "volume": 1415,
        "typical_volume": 4381.45,
        "trend": 16.852631,
        "fair_value": 13.975924,
        "relative_strength": 11.694956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.597628,
        "energy": 64.617394,
        "activity_lines": [
          17.609209,
          17.523439,
          17.311886,
          17.104495
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17.985924,
        "volume": 3985,
        "typical_volume": 4448.75,
        "trend": 16.922843,
        "fair_value": 14.020977,
        "relative_strength": 11.443184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.1309,
        "energy": 75.301157,
        "activity_lines": [
          17.735523,
          17.617796,
          17.408132,
          17.17761
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.089359,
        "volume": 1130,
        "typical_volume": 3921.55,
        "trend": 16.989687,
        "fair_value": 14.069056,
        "relative_strength": 9.936412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.197652,
        "energy": 86.206085,
        "activity_lines": [
          17.873251,
          17.723714,
          17.50771,
          17.25287
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17.747225,
        "volume": 842,
        "typical_volume": 2344.7,
        "trend": 17.037998,
        "fair_value": 14.115995,
        "relative_strength": 8.183306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.521203,
        "energy": 68.559867,
        "activity_lines": [
          17.861403,
          17.752998,
          17.562057,
          17.301743
        ]
      },
      {
        "date": "2025-09-05",
        "close": 17.590084,
        "volume": 1500,
        "typical_volume": 2096.95,
        "trend": 17.079173,
        "fair_value": 14.161332,
        "relative_strength": 5.376918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.50608,
        "energy": 54.829453,
        "activity_lines": [
          17.788468,
          17.740803,
          17.58828,
          17.337361
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17.834747,
        "volume": 9,
        "typical_volume": 1801.0,
        "trend": 17.109514,
        "fair_value": 14.20956,
        "relative_strength": 8.054612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.072895,
        "energy": 50.767963,
        "activity_lines": [
          17.796026,
          17.769368,
          17.628599,
          17.386108
        ]
      },
      {
        "date": "2025-09-19",
        "close": 18.069468,
        "volume": 12653,
        "typical_volume": 2244.15,
        "trend": 17.148912,
        "fair_value": 14.262272,
        "relative_strength": 9.879414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.547675,
        "energy": 52.389489,
        "activity_lines": [
          17.869359,
          17.831412,
          17.683854,
          17.448041
        ]
      },
      {
        "date": "2025-09-26",
        "close": 18.06748,
        "volume": 9,
        "typical_volume": 2073.1,
        "trend": 17.186428,
        "fair_value": 14.315733,
        "relative_strength": 11.146057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.11671,
        "energy": 55.683212,
        "activity_lines": [
          17.93646,
          17.885285,
          17.732959,
          17.507303
        ]
      },
      {
        "date": "2025-10-03",
        "close": 18.554821,
        "volume": 824,
        "typical_volume": 2013.75,
        "trend": 17.235588,
        "fair_value": 14.371209,
        "relative_strength": 8.551003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.116879,
        "energy": 85.405545,
        "activity_lines": [
          18.167467,
          18.018474,
          17.823322,
          17.595587
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.27634,
        "volume": 2000,
        "typical_volume": 1512.25,
        "trend": 17.287,
        "fair_value": 14.425068,
        "relative_strength": 6.843466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.253463,
        "energy": 85.256085,
        "activity_lines": [
          18.251807,
          18.083971,
          17.881315,
          17.662732
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18.441441,
        "volume": 4864,
        "typical_volume": 1722.4,
        "trend": 17.338797,
        "fair_value": 14.478193,
        "relative_strength": 6.108491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.184628,
        "energy": 88.529242,
        "activity_lines": [
          18.34543,
          18.16672,
          17.950132,
          17.737212
        ]
      },
      {
        "date": "2025-10-24",
        "close": 18.692074,
        "volume": 0,
        "typical_volume": 1623.25,
        "trend": 17.407956,
        "fair_value": 14.530583,
        "relative_strength": 7.850793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.681627,
        "energy": 91.986214,
        "activity_lines": [
          18.482152,
          18.280608,
          18.038298,
          17.82452
        ]
      },
      {
        "date": "2025-10-31",
        "close": 18.67417,
        "volume": 1176,
        "typical_volume": 1682.05,
        "trend": 17.515986,
        "fair_value": 14.583016,
        "relative_strength": 10.275843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.792651,
        "energy": 84.986934,
        "activity_lines": [
          18.571398,
          18.378402,
          18.119499,
          17.906211
        ]
      },
      {
        "date": "2025-11-07",
        "close": 18.379776,
        "volume": 44175,
        "typical_volume": 3890.8,
        "trend": 17.629173,
        "fair_value": 14.628879,
        "relative_strength": 7.634702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.862516,
        "energy": 65.030237,
        "activity_lines": [
          18.522067,
          18.412037,
          18.1661,
          17.96194
        ]
      },
      {
        "date": "2025-11-14",
        "close": 18.777605,
        "volume": 35989,
        "typical_volume": 5615.25,
        "trend": 17.733198,
        "fair_value": 14.676565,
        "relative_strength": 6.745576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.502301,
        "energy": 67.767989,
        "activity_lines": [
          18.617015,
          18.506503,
          18.244195,
          18.036032
        ]
      },
      {
        "date": "2025-11-21",
        "close": 18.326069,
        "volume": 0,
        "typical_volume": 5615.25,
        "trend": 17.801498,
        "fair_value": 14.720303,
        "relative_strength": 3.922849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.359128,
        "energy": 50.236466,
        "activity_lines": [
          18.528034,
          18.497281,
          18.272658,
          18.074282
        ]
      },
      {
        "date": "2025-11-28",
        "close": 18.745779,
        "volume": 700,
        "typical_volume": 5563.55,
        "trend": 17.865772,
        "fair_value": 14.766362,
        "relative_strength": 4.362281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.014271,
        "energy": 51.732195,
        "activity_lines": [
          18.586647,
          18.555436,
          18.336344,
          18.135203
        ]
      },
      {
        "date": "2025-12-05",
        "close": 18.900934,
        "volume": 82761,
        "typical_volume": 9701.6,
        "trend": 17.929644,
        "fair_value": 14.814155,
        "relative_strength": 4.171876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.067152,
        "energy": 58.238985,
        "activity_lines": [
          18.693399,
          18.629505,
          18.409541,
          18.201988
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.942705,
        "volume": 0,
        "typical_volume": 9701.6,
        "trend": 17.983503,
        "fair_value": 14.864265,
        "relative_strength": 4.573436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.620601,
        "energy": 58.65583,
        "activity_lines": [
          18.798956,
          18.696015,
          18.480313,
          18.267347
        ]
      },
      {
        "date": "2025-12-19",
        "close": 19.093882,
        "volume": 68325,
        "typical_volume": 13117.85,
        "trend": 18.045058,
        "fair_value": 14.915042,
        "relative_strength": 2.950459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.682992,
        "energy": 82.407844,
        "activity_lines": [
          18.917377,
          18.782959,
          18.559169,
          18.338984
        ]
      },
      {
        "date": "2025-12-26",
        "close": 19.064045,
        "volume": 200,
        "typical_volume": 13057.1,
        "trend": 18.097452,
        "fair_value": 14.965908,
        "relative_strength": 2.054736,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.526354,
        "energy": 83.348022,
        "activity_lines": [
          19.004768,
          18.849614,
          18.627946,
          18.404725
        ]
      },
      {
        "date": "2026-01-02",
        "close": 19.249037,
        "volume": 0,
        "typical_volume": 12857.85,
        "trend": 18.152838,
        "fair_value": 15.014129,
        "relative_strength": 2.645897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.006034,
        "energy": 89.767965,
        "activity_lines": [
          19.104624,
          18.938583,
          18.707598,
          18.479021
        ]
      },
      {
        "date": "2026-01-09",
        "close": 19.831858,
        "volume": 2352,
        "typical_volume": 12918.95,
        "trend": 18.237372,
        "fair_value": 15.06379,
        "relative_strength": 4.296345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.154944,
        "energy": 96.287491,
        "activity_lines": [
          19.365203,
          19.123394,
          18.836741,
          18.587345
        ]
      },
      {
        "date": "2026-01-16",
        "close": 19.961153,
        "volume": 27564,
        "typical_volume": 14255.05,
        "trend": 18.334835,
        "fair_value": 15.114985,
        "relative_strength": 4.80775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.080887,
        "energy": 96.862175,
        "activity_lines": [
          19.606819,
          19.310664,
          18.969901,
          18.698556
        ]
      },
      {
        "date": "2026-01-23",
        "close": 19.766216,
        "volume": 3451,
        "typical_volume": 14352.6,
        "trend": 18.4142,
        "fair_value": 15.163295,
        "relative_strength": 5.609508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.983313,
        "energy": 90.10622,
        "activity_lines": [
          19.715559,
          19.433738,
          19.073953,
          18.790904
        ]
      },
      {
        "date": "2026-01-30",
        "close": 19.80401,
        "volume": 0,
        "typical_volume": 14352.15,
        "trend": 18.496704,
        "fair_value": 15.210235,
        "relative_strength": 5.186104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.67882,
        "energy": 87.951749,
        "activity_lines": [
          19.792075,
          19.545709,
          19.171241,
          18.880569
        ]
      },
      {
        "date": "2026-02-06",
        "close": 20.025801,
        "volume": 453,
        "typical_volume": 13742.15,
        "trend": 18.576231,
        "fair_value": 15.259497,
        "relative_strength": 4.166957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.460485,
        "energy": 88.489246,
        "activity_lines": [
          19.89319,
          19.671135,
          19.280275,
          18.97922
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.025,
        "volume": 0,
        "typical_volume": 13741.7,
        "trend": 18.658519,
        "fair_value": 15.307268,
        "relative_strength": 2.655599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.509187,
        "energy": 80.351098,
        "activity_lines": [
          19.942255,
          19.773141,
          19.379917,
          19.072689
        ]
      },
      {
        "date": "2026-02-20",
        "close": 20.315001,
        "volume": 649,
        "typical_volume": 13732.95,
        "trend": 18.748465,
        "fair_value": 15.358631,
        "relative_strength": 1.974559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.993026,
        "energy": 92.344911,
        "activity_lines": [
          20.07511,
          19.907438,
          19.497857,
          19.179559
        ]
      },
      {
        "date": "2026-02-27",
        "close": 20.58,
        "volume": 144,
        "typical_volume": 13640.15,
        "trend": 18.848659,
        "fair_value": 15.410152,
        "relative_strength": 1.939574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.814979,
        "energy": 97.198714,
        "activity_lines": [
          20.272708,
          20.064965,
          19.632652,
          19.297723
        ]
      },
      {
        "date": "2026-03-06",
        "close": 19.166,
        "volume": 4578,
        "typical_volume": 13625.85,
        "trend": 18.899267,
        "fair_value": 15.453665,
        "relative_strength": 1.382961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.578218,
        "energy": 54.244188,
        "activity_lines": [
          19.94472,
          19.938381,
          19.621812,
          19.318196
        ]
      },
      {
        "date": "2026-03-13",
        "close": 19.334,
        "volume": 588,
        "typical_volume": 13655.25,
        "trend": 18.944203,
        "fair_value": 15.501419,
        "relative_strength": 4.021584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.642785,
        "energy": 35.481827,
        "activity_lines": [
          19.715267,
          19.840488,
          19.623521,
          19.346243
        ]
      },
      {
        "date": "2026-03-20",
        "close": 18.636,
        "volume": 2373,
        "typical_volume": 13715.1,
        "trend": 18.962424,
        "fair_value": 15.543775,
        "relative_strength": 4.178012,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -5.373966,
        "energy": 23.236779,
        "activity_lines": [
          19.299267,
          19.614142,
          19.555697,
          19.326359
        ]
      },
      {
        "date": "2026-03-27",
        "close": 18.790001,
        "volume": 16421,
        "typical_volume": 12327.4,
        "trend": 18.997183,
        "fair_value": 15.584057,
        "relative_strength": 2.683057,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": -14.578883,
        "energy": 36.922154,
        "activity_lines": [
          19.0272,
          19.437539,
          19.502721,
          19.315235
        ]
      },
      {
        "date": "2026-04-03",
        "close": 19.386,
        "volume": 149,
        "typical_volume": 10535.4,
        "trend": 19.057047,
        "fair_value": 15.628137,
        "relative_strength": 2.352545,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.214651,
        "energy": 34.664243,
        "activity_lines": [
          19.055467,
          19.390593,
          19.504554,
          19.34032
        ]
      },
      {
        "date": "2026-04-10",
        "close": 20.135,
        "volume": 1910,
        "typical_volume": 10630.9,
        "trend": 19.133722,
        "fair_value": 15.675668,
        "relative_strength": 4.416471,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.914939,
        "energy": 23.129823,
        "activity_lines": [
          19.413,
          19.486742,
          19.574823,
          19.409866
        ]
      },
      {
        "date": "2026-04-17",
        "close": 20.455,
        "volume": 55853,
        "typical_volume": 13388.55,
        "trend": 19.21324,
        "fair_value": 15.724913,
        "relative_strength": 3.905711,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.733463,
        "energy": 38.158906,
        "activity_lines": [
          19.8126,
          19.635055,
          19.666954,
          19.495109
        ]
      },
      {
        "date": "2026-04-24",
        "close": 20.125,
        "volume": 2352,
        "typical_volume": 9368.1,
        "trend": 19.281824,
        "fair_value": 15.772301,
        "relative_strength": 3.999267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.238934,
        "energy": 45.772749,
        "activity_lines": [
          20.027467,
          19.715564,
          19.719518,
          19.553933
        ]
      },
      {
        "date": "2026-05-01",
        "close": 20.15,
        "volume": 58441,
        "typical_volume": 12290.15,
        "trend": 19.334997,
        "fair_value": 15.819871,
        "relative_strength": 4.17329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.638246,
        "energy": 55.913218,
        "activity_lines": [
          20.1514,
          19.7988,
          19.768634,
          19.609944
        ]
      },
      {
        "date": "2026-05-08",
        "close": 20.465,
        "volume": 2352,
        "typical_volume": 8991.5,
        "trend": 19.407952,
        "fair_value": 15.869439,
        "relative_strength": 5.872594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.517129,
        "energy": 72.736115,
        "activity_lines": [
          20.289667,
          19.942309,
          19.842,
          19.682847
        ]
      },
      {
        "date": "2026-05-15",
        "close": 20.200001,
        "volume": 2352,
        "typical_volume": 9099.1,
        "trend": 19.466571,
        "fair_value": 15.916137,
        "relative_strength": 3.390606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.469699,
        "energy": 57.883398,
        "activity_lines": [
          20.267667,
          20.039728,
          19.8836,
          19.733947
        ]
      },
      {
        "date": "2026-05-22",
        "close": 20.93,
        "volume": 2852,
        "typical_volume": 9241.7,
        "trend": 19.541168,
        "fair_value": 15.968505,
        "relative_strength": 4.696035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.343602,
        "energy": 62.488869,
        "activity_lines": [
          20.484667,
          20.251073,
          19.989314,
          19.828362
        ]
      },
      {
        "date": "2026-05-29",
        "close": 21.139999,
        "volume": 4253,
        "typical_volume": 9336.75,
        "trend": 19.623362,
        "fair_value": 16.022017,
        "relative_strength": 5.260181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.575347,
        "energy": 72.693871,
        "activity_lines": [
          20.74,
          20.471582,
          20.107023,
          19.931512
        ]
      },
      {
        "date": "2026-06-05",
        "close": 21.105,
        "volume": 0,
        "typical_volume": 7958.55,
        "trend": 19.714203,
        "fair_value": 16.07562,
        "relative_strength": 6.085978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.865954,
        "energy": 84.022936,
        "activity_lines": [
          20.916,
          20.6402,
          20.21517,
          20.027102
        ]
      },
      {
        "date": "2026-06-12",
        "close": 21.42,
        "volume": 1764,
        "typical_volume": 7874.2,
        "trend": 19.802283,
        "fair_value": 16.129767,
        "relative_strength": 4.969293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.921793,
        "energy": 91.72688,
        "activity_lines": [
          21.133333,
          20.824,
          20.34787,
          20.137153
        ]
      },
      {
        "date": "2026-06-19",
        "close": 21.885,
        "volume": 0,
        "typical_volume": 7874.2,
        "trend": 19.920914,
        "fair_value": 16.188763,
        "relative_strength": 6.522636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.18309,
        "energy": 95.314125,
        "activity_lines": [
          21.442,
          21.055364,
          20.51698,
          20.271522
        ]
      },
      {
        "date": "2026-06-26",
        "close": 21.52,
        "volume": 2940,
        "typical_volume": 7998.55,
        "trend": 20.013388,
        "fair_value": 16.243495,
        "relative_strength": 1.711237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.496072,
        "energy": 88.014501,
        "activity_lines": [
          21.516667,
          21.188545,
          20.641419,
          20.374689
        ]
      },
      {
        "date": "2026-07-03",
        "close": 22.145,
        "volume": 0,
        "typical_volume": 7998.55,
        "trend": 20.121524,
        "fair_value": 16.304732,
        "relative_strength": 2.723793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.876182,
        "energy": 94.951547,
        "activity_lines": [
          21.760333,
          21.416,
          20.818267,
          20.512212
        ]
      },
      {
        "date": "2026-07-10",
        "close": 21.74,
        "volume": 3528,
        "typical_volume": 8142.5,
        "trend": 20.214767,
        "fair_value": 16.36056,
        "relative_strength": 2.120061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.051768,
        "energy": 86.308286,
        "activity_lines": [
          21.802,
          21.533091,
          20.946448,
          20.61663
        ]
      },
      {
        "date": "2026-07-17",
        "close": 21.495001,
        "volume": 6130,
        "typical_volume": 8441.8,
        "trend": 20.294804,
        "fair_value": 16.414501,
        "relative_strength": 0.161597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.712016,
        "energy": 64.952959,
        "activity_lines": [
          21.719667,
          21.576727,
          21.04451,
          20.699226
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.684999,
        "volume": 0,
        "typical_volume": 8212.9,
        "trend": 20.382169,
        "fair_value": 16.468468,
        "relative_strength": 1.111243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.796655,
        "energy": 63.302007,
        "activity_lines": [
          21.695667,
          21.636182,
          21.15631,
          20.788916
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.809999,
        "volume": 2940,
        "typical_volume": 8330.5,
        "trend": 20.467535,
        "fair_value": 16.525498,
        "relative_strength": 1.513582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.828873,
        "energy": 59.395286,
        "activity_lines": [
          21.726666,
          21.691363,
          21.268019,
          20.881034
        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.41,
        "volume": 500,
        "typical_volume": 8236.85,
        "trend": 20.553473,
        "fair_value": 16.586295,
        "relative_strength": 2.810052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.355258,
        "energy": 69.046437,
        "activity_lines": [
          21.938333,
          21.839636,
          21.425081,
          21.006354
        ]
      }
    ],
    "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."
    }
  }
}