{
  "ticker": {
    "uuid": "7426f8c4-e704-433c-94e7-39db3775c4ce",
    "symbol": "UFOX",
    "name": "Defiance Connective Technologies ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 2.152,
    "architecture_energy": 20.554,
    "architecture_maturity": 63.833,
    "architecture_confidence": 83.721,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 59.01,
        "rotation_up": 14.8,
        "upward_expansion": 42.2,
        "deceleration": 87.09,
        "rotation_down": 44.63,
        "downward_expansion": 36.2
      },
      "activity_lines": [
        82.8542,
        85.270257,
        87.827521,
        84.682994
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 86.79,
    "trend_reference": 79.769895,
    "distance_from_trend": 0.088004,
    "trend_direction": "Improving",
    "fair_value": 51.488646,
    "distance_from_fair_value": 0.685614,
    "fair_value_direction": "Weakening",
    "relative_strength": 5.746605,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.288483,
    "excess_performance": 0.101029,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088004,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.108784,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.685614,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.269262,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.057466,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.161129,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.288483,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.894417,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 131014,
      "relative_activity": 0.631137,
      "balance": 0.894417,
      "dry_up": 0.967328,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.084539,
      "annualized_volatility": 0.320807,
      "from_high_reference": -0.184744,
      "from_low_reference": 0.603356
    },
    "levels": {
      "trend_reference": 79.769895,
      "fair_value_reference": 51.488646,
      "structural_low": 64.66,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.038404,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.003245,
        "regime_survival": 0.375,
        "best_return": 0.113383,
        "worst_return": -0.103281,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.089163,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.052147,
        "regime_survival": 0.0,
        "best_return": 0.19524,
        "worst_return": -0.032601,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.197761,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.051582,
        "regime_survival": 0.0,
        "best_return": 0.441232,
        "worst_return": -0.028793,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.057109,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.035791,
        "regime_survival": 0.0,
        "best_return": 0.129905,
        "worst_return": -0.244123,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-03",
        "end": "2023-11-24",
        "tenure": "New",
        "return": 0.068395,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-01",
        "end": "2023-12-22",
        "tenure": "New",
        "return": 0.06942,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-29",
        "end": "2024-04-19",
        "tenure": "Established",
        "return": -0.010623,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-26",
        "end": "2024-05-24",
        "tenure": "Developing",
        "return": 0.070269,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-31",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.023416,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.101658,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2025-03-21",
        "tenure": "Established",
        "return": 0.032214,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-28",
        "end": "2025-04-18",
        "tenure": "New",
        "return": -0.078381,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.149593,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.078505,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.195344,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.029379,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-06-26",
        "tenure": "Extended",
        "return": 0.3624,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.021423,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 30.742606,
        "volume": 196754,
        "typical_volume": 294266.2,
        "trend": 31.346311,
        "fair_value": 32.677901,
        "relative_strength": -13.636931,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 15.427617,
        "energy": 14.738677,
        "activity_lines": [
          31.657412,
          32.048084,
          31.781505,
          31.526399
        ]
      },
      {
        "date": "2023-08-25",
        "close": 30.810944,
        "volume": 235154,
        "typical_volume": 298575.95,
        "trend": 31.316918,
        "fair_value": 32.696787,
        "relative_strength": -14.488359,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.363364,
        "energy": 20.74837,
        "activity_lines": [
          31.260274,
          31.792516,
          31.726482,
          31.49186
        ]
      },
      {
        "date": "2023-09-01",
        "close": 32.275343,
        "volume": 396225,
        "typical_volume": 307601.3,
        "trend": 31.309218,
        "fair_value": 32.731783,
        "relative_strength": -13.313413,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.511087,
        "energy": 23.856958,
        "activity_lines": [
          31.47623,
          31.83805,
          31.812071,
          31.553693
        ]
      },
      {
        "date": "2023-09-08",
        "close": 31.406466,
        "volume": 127437,
        "typical_volume": 278359.1,
        "trend": 31.298678,
        "fair_value": 32.76469,
        "relative_strength": -14.183836,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.460074,
        "energy": 14.870874,
        "activity_lines": [
          31.444215,
          31.708212,
          31.809083,
          31.559968
        ]
      },
      {
        "date": "2023-09-15",
        "close": 31.274378,
        "volume": 183810,
        "typical_volume": 272771.55,
        "trend": 31.277307,
        "fair_value": 32.79465,
        "relative_strength": -13.799795,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.69004,
        "energy": 9.78999,
        "activity_lines": [
          31.412552,
          31.580856,
          31.78646,
          31.5584
        ]
      },
      {
        "date": "2023-09-22",
        "close": 30.392002,
        "volume": 278140,
        "typical_volume": 254778.15,
        "trend": 31.268819,
        "fair_value": 32.822133,
        "relative_strength": -13.029236,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.790102,
        "energy": 22.097536,
        "activity_lines": [
          31.109237,
          31.314462,
          31.672635,
          31.501283
        ]
      },
      {
        "date": "2023-09-29",
        "close": 30.636168,
        "volume": 231949,
        "typical_volume": 251913.9,
        "trend": 31.249744,
        "fair_value": 32.847689,
        "relative_strength": -12.105163,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.089825,
        "energy": 38.5506,
        "activity_lines": [
          30.910684,
          31.136112,
          31.578133,
          31.460467
        ]
      },
      {
        "date": "2023-10-06",
        "close": 30.532953,
        "volume": 204917,
        "typical_volume": 247531.55,
        "trend": 31.269524,
        "fair_value": 32.86187,
        "relative_strength": -13.597269,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.555335,
        "energy": 43.628736,
        "activity_lines": [
          30.689378,
          30.976254,
          31.46723,
          31.414223
        ]
      },
      {
        "date": "2023-10-13",
        "close": 30.248698,
        "volume": 295282,
        "typical_volume": 225844.1,
        "trend": 31.265299,
        "fair_value": 32.875432,
        "relative_strength": -14.198932,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.418375,
        "energy": 53.655947,
        "activity_lines": [
          30.489479,
          30.807753,
          31.327748,
          31.348363
        ]
      },
      {
        "date": "2023-10-20",
        "close": 29.171076,
        "volume": 204783,
        "typical_volume": 225373.3,
        "trend": 31.212328,
        "fair_value": 32.881967,
        "relative_strength": -14.429732,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.537781,
        "energy": 63.147712,
        "activity_lines": [
          30.007558,
          30.476475,
          31.09228,
          31.213252
        ]
      },
      {
        "date": "2023-10-27",
        "close": 28.435344,
        "volume": 488862,
        "typical_volume": 237009.95,
        "trend": 31.098572,
        "fair_value": 32.893656,
        "relative_strength": -13.952382,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -84.554999,
        "energy": 81.155667,
        "activity_lines": [
          29.420613,
          30.055799,
          30.797844,
          31.034091
        ]
      },
      {
        "date": "2023-11-03",
        "close": 30.238896,
        "volume": 295337,
        "typical_volume": 241624.15,
        "trend": 31.071482,
        "fair_value": 32.901377,
        "relative_strength": -13.621298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.661684,
        "energy": 65.409754,
        "activity_lines": [
          29.565296,
          30.004991,
          30.690362,
          30.978628
        ]
      },
      {
        "date": "2023-11-10",
        "close": 31.046672,
        "volume": 233819,
        "typical_volume": 245354.3,
        "trend": 31.071318,
        "fair_value": 32.911989,
        "relative_strength": -13.398573,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.471205,
        "energy": 39.419674,
        "activity_lines": [
          30.005722,
          30.111453,
          30.671663,
          30.977028
        ]
      },
      {
        "date": "2023-11-17",
        "close": 31.944429,
        "volume": 319466,
        "typical_volume": 252227.35,
        "trend": 31.138635,
        "fair_value": 32.927092,
        "relative_strength": -12.226249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.075865,
        "energy": 11.073229,
        "activity_lines": [
          30.711152,
          30.403483,
          30.739759,
          31.033358
        ]
      },
      {
        "date": "2023-11-24",
        "close": 32.307099,
        "volume": 250683,
        "typical_volume": 259112.1,
        "trend": 31.223221,
        "fair_value": 32.940366,
        "relative_strength": -11.574495,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 18.819366,
        "energy": 28.055931,
        "activity_lines": [
          31.424424,
          30.751671,
          30.846773,
          31.108742
        ]
      },
      {
        "date": "2023-12-01",
        "close": 32.757987,
        "volume": 371853,
        "typical_volume": 263917.75,
        "trend": 31.329604,
        "fair_value": 32.95027,
        "relative_strength": -10.016425,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.19894,
        "energy": 42.58578,
        "activity_lines": [
          32.078924,
          31.163063,
          30.997415,
          31.207759
        ]
      },
      {
        "date": "2023-12-08",
        "close": 33.102034,
        "volume": 331526,
        "typical_volume": 265619.6,
        "trend": 31.457792,
        "fair_value": 32.966773,
        "relative_strength": -9.152303,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.826117,
        "energy": 62.99422,
        "activity_lines": [
          32.55993,
          31.593991,
          31.180988,
          31.32211
        ]
      },
      {
        "date": "2023-12-15",
        "close": 34.66936,
        "volume": 358224,
        "typical_volume": 268163.1,
        "trend": 31.606227,
        "fair_value": 32.987546,
        "relative_strength": -7.535172,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.150923,
        "energy": 75.239165,
        "activity_lines": [
          33.372502,
          32.265053,
          31.511847,
          31.529308
        ]
      },
      {
        "date": "2023-12-22",
        "close": 35.032031,
        "volume": 420246,
        "typical_volume": 280304.2,
        "trend": 31.719159,
        "fair_value": 33.010582,
        "relative_strength": -7.015337,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.697529,
        "energy": 91.843366,
        "activity_lines": [
          34.064451,
          32.926847,
          31.86882,
          31.750327
        ]
      },
      {
        "date": "2023-12-29",
        "close": 35.2545,
        "volume": 203078,
        "typical_volume": 281377.25,
        "trend": 31.844224,
        "fair_value": 33.033711,
        "relative_strength": -6.278989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.281965,
        "energy": 92.654482,
        "activity_lines": [
          34.624717,
          33.542121,
          32.232887,
          31.978414
        ]
      },
      {
        "date": "2024-01-05",
        "close": 33.949907,
        "volume": 192235,
        "typical_volume": 281151.3,
        "trend": 31.921733,
        "fair_value": 33.041957,
        "relative_strength": -6.325186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.49592,
        "energy": 84.912703,
        "activity_lines": [
          34.553625,
          33.809589,
          32.455359,
          32.114264
        ]
      },
      {
        "date": "2024-01-12",
        "close": 35.075997,
        "volume": 191072,
        "typical_volume": 278947.2,
        "trend": 32.000012,
        "fair_value": 33.056938,
        "relative_strength": -5.730082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.004203,
        "energy": 81.97585,
        "activity_lines": [
          34.778436,
          34.181536,
          32.769805,
          32.317765
        ]
      },
      {
        "date": "2024-01-19",
        "close": 36.497133,
        "volume": 470346,
        "typical_volume": 282653.25,
        "trend": 32.172629,
        "fair_value": 33.076018,
        "relative_strength": -4.161632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.662414,
        "energy": 82.7939,
        "activity_lines": [
          35.34536,
          34.723923,
          33.199288,
          32.607902
        ]
      },
      {
        "date": "2024-01-26",
        "close": 36.546307,
        "volume": 305616,
        "typical_volume": 291562.2,
        "trend": 32.295379,
        "fair_value": 33.101088,
        "relative_strength": -4.190303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.101628,
        "energy": 73.829224,
        "activity_lines": [
          35.806825,
          35.176152,
          33.61335,
          32.890075
        ]
      },
      {
        "date": "2024-02-02",
        "close": 36.251262,
        "volume": 560529,
        "typical_volume": 310398.15,
        "trend": 32.422052,
        "fair_value": 33.117868,
        "relative_strength": -5.664216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.576285,
        "energy": 84.174256,
        "activity_lines": [
          36.068989,
          35.491066,
          33.974837,
          33.145293
        ]
      },
      {
        "date": "2024-02-09",
        "close": 37.116729,
        "volume": 269017,
        "typical_volume": 309942.0,
        "trend": 32.566184,
        "fair_value": 33.134278,
        "relative_strength": -4.746066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.451047,
        "energy": 89.280853,
        "activity_lines": [
          36.553192,
          35.891625,
          34.39505,
          33.448176
        ]
      },
      {
        "date": "2024-02-16",
        "close": 36.605316,
        "volume": 206381,
        "typical_volume": 308663.6,
        "trend": 32.696848,
        "fair_value": 33.151576,
        "relative_strength": -4.196501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.237946,
        "energy": 77.899069,
        "activity_lines": [
          36.655802,
          36.119951,
          34.734534,
          33.708765
        ]
      },
      {
        "date": "2024-02-23",
        "close": 37.087224,
        "volume": 211104,
        "typical_volume": 308972.95,
        "trend": 32.836418,
        "fair_value": 33.180717,
        "relative_strength": -3.881567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.627387,
        "energy": 65.860972,
        "activity_lines": [
          36.817093,
          36.3722,
          35.09149,
          33.992015
        ]
      },
      {
        "date": "2024-03-01",
        "close": 38.926341,
        "volume": 621116,
        "typical_volume": 325264.65,
        "trend": 33.064889,
        "fair_value": 33.228048,
        "relative_strength": -0.736031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.415214,
        "energy": 72.321246,
        "activity_lines": [
          37.552085,
          36.914873,
          35.592389,
          34.384913
        ]
      },
      {
        "date": "2024-03-08",
        "close": 38.837828,
        "volume": 218630,
        "typical_volume": 325957.0,
        "trend": 33.305768,
        "fair_value": 33.265634,
        "relative_strength": 0.877812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.070714,
        "energy": 69.376869,
        "activity_lines": [
          38.098902,
          37.370647,
          36.043537,
          34.757361
        ]
      },
      {
        "date": "2024-03-15",
        "close": 37.834673,
        "volume": 157007,
        "typical_volume": 309364.25,
        "trend": 33.54217,
        "fair_value": 33.295824,
        "relative_strength": -0.289222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.327861,
        "energy": 64.593656,
        "activity_lines": [
          38.138898,
          37.578877,
          36.353113,
          35.049548
        ]
      },
      {
        "date": "2024-03-22",
        "close": 38.565202,
        "volume": 424995,
        "typical_volume": 315847.15,
        "trend": 33.800645,
        "fair_value": 33.328159,
        "relative_strength": -1.043283,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.332832,
        "energy": 64.22974,
        "activity_lines": [
          38.374539,
          37.849299,
          36.687505,
          35.373615
        ]
      },
      {
        "date": "2024-03-29",
        "close": 38.51681,
        "volume": 132864,
        "typical_volume": 310799.4,
        "trend": 34.008694,
        "fair_value": 33.358007,
        "relative_strength": -0.351268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.018501,
        "energy": 59.759766,
        "activity_lines": [
          38.463392,
          38.047483,
          36.977639,
          35.677884
        ]
      },
      {
        "date": "2024-04-05",
        "close": 37.935312,
        "volume": 124214,
        "typical_volume": 301036.8,
        "trend": 34.226322,
        "fair_value": 33.381284,
        "relative_strength": -0.800503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.318507,
        "energy": 51.432672,
        "activity_lines": [
          38.263105,
          38.103218,
          37.176821,
          35.931214
        ]
      },
      {
        "date": "2024-04-12",
        "close": 37.048282,
        "volume": 111562,
        "typical_volume": 294080.75,
        "trend": 34.418786,
        "fair_value": 33.397424,
        "relative_strength": -2.339798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.494361,
        "energy": 39.128882,
        "activity_lines": [
          37.833211,
          37.97242,
          37.262995,
          36.113276
        ]
      },
      {
        "date": "2024-04-19",
        "close": 34.879987,
        "volume": 110198,
        "typical_volume": 280998.0,
        "trend": 34.568385,
        "fair_value": 33.398819,
        "relative_strength": -2.579297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.791902,
        "energy": 16.844077,
        "activity_lines": [
          36.799855,
          37.432895,
          37.120088,
          36.143031
        ]
      },
      {
        "date": "2024-04-26",
        "close": 36.75231,
        "volume": 118151,
        "typical_volume": 270329.25,
        "trend": 34.772257,
        "fair_value": 33.416085,
        "relative_strength": -1.075686,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.584564,
        "energy": 24.068454,
        "activity_lines": [
          36.587585,
          37.274461,
          37.145392,
          36.283929
        ]
      },
      {
        "date": "2024-05-03",
        "close": 36.579635,
        "volume": 97301,
        "typical_volume": 257283.1,
        "trend": 34.973813,
        "fair_value": 33.43031,
        "relative_strength": -2.375204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.543486,
        "energy": 19.806579,
        "activity_lines": [
          36.438617,
          37.081959,
          37.136869,
          36.400534
        ]
      },
      {
        "date": "2024-05-10",
        "close": 37.274968,
        "volume": 144946,
        "typical_volume": 243518.1,
        "trend": 35.208022,
        "fair_value": 33.454556,
        "relative_strength": -1.862261,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.972274,
        "energy": 17.555711,
        "activity_lines": [
          36.650571,
          37.02511,
          37.185472,
          36.548996
        ]
      },
      {
        "date": "2024-05-17",
        "close": 38.704072,
        "volume": 161851,
        "typical_volume": 241456.75,
        "trend": 35.525788,
        "fair_value": 33.484818,
        "relative_strength": -0.18227,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.433148,
        "energy": 28.098597,
        "activity_lines": [
          37.382916,
          37.258123,
          37.359499,
          36.774547
        ]
      },
      {
        "date": "2024-05-24",
        "close": 39.334848,
        "volume": 158636,
        "typical_volume": 239776.8,
        "trend": 35.889105,
        "fair_value": 33.514103,
        "relative_strength": 0.197646,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 68.984524,
        "energy": 52.383285,
        "activity_lines": [
          38.215134,
          37.608255,
          37.577174,
          37.020293
        ]
      },
      {
        "date": "2024-05-31",
        "close": 39.127875,
        "volume": 134034,
        "typical_volume": 236924.9,
        "trend": 36.185404,
        "fair_value": 33.538434,
        "relative_strength": 1.330709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.452924,
        "energy": 67.377879,
        "activity_lines": [
          38.68137,
          37.893479,
          37.749494,
          37.229246
        ]
      },
      {
        "date": "2024-06-07",
        "close": 39.589919,
        "volume": 142055,
        "typical_volume": 220510.35,
        "trend": 36.470179,
        "fair_value": 33.56379,
        "relative_strength": -0.089423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.499835,
        "energy": 74.911408,
        "activity_lines": [
          39.14325,
          38.25248,
          37.946524,
          37.448892
        ]
      },
      {
        "date": "2024-06-14",
        "close": 41.099052,
        "volume": 300732,
        "typical_volume": 220266.15,
        "trend": 36.775333,
        "fair_value": 33.604566,
        "relative_strength": 0.291233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.809353,
        "energy": 83.781063,
        "activity_lines": [
          39.907489,
          38.866359,
          38.272553,
          37.747529
        ]
      },
      {
        "date": "2024-06-21",
        "close": 41.148332,
        "volume": 388506,
        "typical_volume": 211665.0,
        "trend": 37.070041,
        "fair_value": 33.640162,
        "relative_strength": 0.230377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.891686,
        "energy": 83.727331,
        "activity_lines": [
          40.433215,
          39.431674,
          38.581596,
          38.029658
        ]
      },
      {
        "date": "2024-06-28",
        "close": 41.306358,
        "volume": 103254,
        "typical_volume": 203376.85,
        "trend": 37.354987,
        "fair_value": 33.673737,
        "relative_strength": 0.754266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.954312,
        "energy": 82.044358,
        "activity_lines": [
          40.848666,
          39.951176,
          38.88237,
          38.302969
        ]
      },
      {
        "date": "2024-07-05",
        "close": 42.175965,
        "volume": 363831,
        "typical_volume": 211249.35,
        "trend": 37.657451,
        "fair_value": 33.714464,
        "relative_strength": -0.565657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.989985,
        "energy": 85.817098,
        "activity_lines": [
          41.422552,
          40.511945,
          39.246012,
          38.614
        ]
      },
      {
        "date": "2024-07-12",
        "close": 43.045573,
        "volume": 148671,
        "typical_volume": 208127.7,
        "trend": 37.936658,
        "fair_value": 33.76756,
        "relative_strength": 1.761949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.075589,
        "energy": 88.21796,
        "activity_lines": [
          42.083101,
          41.132212,
          39.665948,
          38.96162
        ]
      },
      {
        "date": "2024-07-19",
        "close": 41.276712,
        "volume": 466015,
        "typical_volume": 200372.65,
        "trend": 38.144814,
        "fair_value": 33.804403,
        "relative_strength": 1.61799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.159464,
        "energy": 68.987413,
        "activity_lines": [
          41.923653,
          41.313306,
          39.889047,
          39.177108
        ]
      },
      {
        "date": "2024-07-26",
        "close": 40.237729,
        "volume": 246416,
        "typical_volume": 201761.95,
        "trend": 38.310922,
        "fair_value": 33.829065,
        "relative_strength": 1.673472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.118379,
        "energy": 51.467646,
        "activity_lines": [
          41.406033,
          41.232735,
          40.002004,
          39.312134
        ]
      },
      {
        "date": "2024-08-02",
        "close": 38.211642,
        "volume": 402810,
        "typical_volume": 214052.1,
        "trend": 38.45298,
        "fair_value": 33.840072,
        "relative_strength": -0.349496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.316919,
        "energy": 18.735001,
        "activity_lines": [
          40.273758,
          40.755899,
          39.915333,
          39.305729
        ]
      },
      {
        "date": "2024-08-09",
        "close": 38.445547,
        "volume": 238232,
        "typical_volume": 204713.95,
        "trend": 38.565298,
        "fair_value": 33.853853,
        "relative_strength": -0.074109,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.020661,
        "energy": 21.670992,
        "activity_lines": [
          39.425766,
          40.342014,
          39.849145,
          39.30525
        ]
      },
      {
        "date": "2024-08-16",
        "close": 41.004465,
        "volume": 97173,
        "typical_volume": 202929.4,
        "trend": 38.715542,
        "fair_value": 33.888404,
        "relative_strength": 1.055819,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.699324,
        "energy": 26.872598,
        "activity_lines": [
          39.679441,
          40.405793,
          40.027232,
          39.462615
        ]
      },
      {
        "date": "2024-08-23",
        "close": 41.937712,
        "volume": 98145,
        "typical_volume": 201625.95,
        "trend": 38.895256,
        "fair_value": 33.922447,
        "relative_strength": 2.236268,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.939666,
        "energy": 24.868037,
        "activity_lines": [
          40.380272,
          40.613534,
          40.282354,
          39.670497
        ]
      },
      {
        "date": "2024-08-30",
        "close": 41.909154,
        "volume": 84492,
        "typical_volume": 200272.45,
        "trend": 39.083852,
        "fair_value": 33.955457,
        "relative_strength": 2.922144,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.396115,
        "energy": 34.618561,
        "activity_lines": [
          41.027517,
          40.800834,
          40.515698,
          39.864942
        ]
      },
      {
        "date": "2024-09-06",
        "close": 38.648126,
        "volume": 110497,
        "typical_volume": 200287.4,
        "trend": 39.134899,
        "fair_value": 33.973084,
        "relative_strength": 0.719186,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.995362,
        "energy": 18.112947,
        "activity_lines": [
          40.476324,
          40.381386,
          40.41532,
          39.836831
        ]
      },
      {
        "date": "2024-09-13",
        "close": 41.503996,
        "volume": 72255,
        "typical_volume": 197992.6,
        "trend": 39.298188,
        "fair_value": 34.011203,
        "relative_strength": 2.04276,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 45.110943,
        "energy": 28.099898,
        "activity_lines": [
          40.847989,
          40.52952,
          40.568986,
          39.989676
        ]
      },
      {
        "date": "2024-09-20",
        "close": 42.353839,
        "volume": 106021,
        "typical_volume": 198428.6,
        "trend": 39.473742,
        "fair_value": 34.05375,
        "relative_strength": 2.544074,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 61.999619,
        "energy": 35.44069,
        "activity_lines": [
          41.299038,
          40.844388,
          40.780963,
          40.186815
        ]
      },
      {
        "date": "2024-09-27",
        "close": 42.881608,
        "volume": 98401,
        "typical_volume": 196101.35,
        "trend": 39.605584,
        "fair_value": 34.106857,
        "relative_strength": 2.712474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.177623,
        "energy": 39.51584,
        "activity_lines": [
          41.836053,
          41.267791,
          41.015707,
          40.406677
        ]
      },
      {
        "date": "2024-10-04",
        "close": 43.030159,
        "volume": 80261,
        "typical_volume": 192021.85,
        "trend": 39.745329,
        "fair_value": 34.161402,
        "relative_strength": 2.855362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.254717,
        "energy": 62.442604,
        "activity_lines": [
          42.359657,
          41.689023,
          41.237901,
          40.627617
        ]
      },
      {
        "date": "2024-10-11",
        "close": 44.188853,
        "volume": 102357,
        "typical_volume": 189207.9,
        "trend": 39.957135,
        "fair_value": 34.219118,
        "relative_strength": 4.187395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.655128,
        "energy": 71.033577,
        "activity_lines": [
          43.19476,
          42.270155,
          41.549846,
          40.914296
        ]
      },
      {
        "date": "2024-10-18",
        "close": 44.644408,
        "volume": 106755,
        "typical_volume": 187843.95,
        "trend": 40.159775,
        "fair_value": 34.275924,
        "relative_strength": 4.850238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.164777,
        "energy": 76.621829,
        "activity_lines": [
          43.812332,
          42.825439,
          41.882063,
          41.216701
        ]
      },
      {
        "date": "2024-10-25",
        "close": 44.020496,
        "volume": 135809,
        "typical_volume": 187531.65,
        "trend": 40.343231,
        "fair_value": 34.327696,
        "relative_strength": 3.070298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.227041,
        "energy": 72.108037,
        "activity_lines": [
          44.012573,
          43.154578,
          42.12859,
          41.46578
        ]
      },
      {
        "date": "2024-11-01",
        "close": 43.683781,
        "volume": 69489,
        "typical_volume": 175969.5,
        "trend": 40.534847,
        "fair_value": 34.363262,
        "relative_strength": 3.779641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.376853,
        "energy": 67.418345,
        "activity_lines": [
          43.989465,
          43.367659,
          42.321951,
          41.681299
        ]
      },
      {
        "date": "2024-11-08",
        "close": 45.951654,
        "volume": 74455,
        "typical_volume": 160266.95,
        "trend": 40.831626,
        "fair_value": 34.410387,
        "relative_strength": 3.34042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.110928,
        "energy": 73.670906,
        "activity_lines": [
          44.668837,
          43.961334,
          42.718992,
          42.030771
        ]
      },
      {
        "date": "2024-11-15",
        "close": 43.871945,
        "volume": 82588,
        "typical_volume": 159233.65,
        "trend": 41.131358,
        "fair_value": 34.441443,
        "relative_strength": 2.040127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.628077,
        "energy": 47.784354,
        "activity_lines": [
          44.460206,
          44.10338,
          42.895093,
          42.22692
        ]
      },
      {
        "date": "2024-11-22",
        "close": 45.684263,
        "volume": 113439,
        "typical_volume": 146714.05,
        "trend": 41.42909,
        "fair_value": 34.489955,
        "relative_strength": 4.160823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.379215,
        "energy": 52.22998,
        "activity_lines": [
          44.876808,
          44.47996,
          43.231578,
          42.520656
        ]
      },
      {
        "date": "2024-11-29",
        "close": 45.94175,
        "volume": 103295,
        "typical_volume": 144445.25,
        "trend": 41.74116,
        "fair_value": 34.541515,
        "relative_strength": 3.808548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.459925,
        "energy": 58.085431,
        "activity_lines": [
          45.309915,
          44.827351,
          43.57588,
          42.811795
        ]
      },
      {
        "date": "2024-12-06",
        "close": 48.486917,
        "volume": 128024,
        "typical_volume": 127545.7,
        "trend": 42.114892,
        "fair_value": 34.603736,
        "relative_strength": 5.909147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.172922,
        "energy": 79.176407,
        "activity_lines": [
          46.463328,
          45.572264,
          44.148787,
          43.247005
        ]
      },
      {
        "date": "2024-12-13",
        "close": 48.991989,
        "volume": 86729,
        "typical_volume": 119561.35,
        "trend": 42.457822,
        "fair_value": 34.671201,
        "relative_strength": 6.049379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.330711,
        "energy": 92.596118,
        "activity_lines": [
          47.464889,
          46.307095,
          44.735462,
          43.690689
        ]
      },
      {
        "date": "2024-12-20",
        "close": 47.615421,
        "volume": 361352,
        "typical_volume": 117488.45,
        "trend": 42.733841,
        "fair_value": 34.723153,
        "relative_strength": 5.298108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.619034,
        "energy": 83.585167,
        "activity_lines": [
          47.804905,
          46.683243,
          45.149348,
          44.023437
        ]
      },
      {
        "date": "2024-12-27",
        "close": 48.172368,
        "volume": 74319,
        "typical_volume": 109292.8,
        "trend": 43.035324,
        "fair_value": 34.777001,
        "relative_strength": 5.436441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.09244,
        "energy": 82.692438,
        "activity_lines": [
          48.081005,
          47.098353,
          45.571497,
          44.37431
        ]
      },
      {
        "date": "2025-01-03",
        "close": 48.400579,
        "volume": 73647,
        "typical_volume": 108116.5,
        "trend": 43.329013,
        "fair_value": 34.841483,
        "relative_strength": 6.578885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.721708,
        "energy": 66.53405,
        "activity_lines": [
          48.267302,
          47.490811,
          45.969062,
          44.720456
        ]
      },
      {
        "date": "2025-01-10",
        "close": 47.160302,
        "volume": 75341,
        "typical_volume": 106976.3,
        "trend": 43.531055,
        "fair_value": 34.898136,
        "relative_strength": 6.02081,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.477977,
        "energy": 51.00393,
        "activity_lines": [
          47.876251,
          47.578127,
          46.213286,
          44.967636
        ]
      },
      {
        "date": "2025-01-17",
        "close": 48.886767,
        "volume": 362789,
        "typical_volume": 120891.15,
        "trend": 43.789003,
        "fair_value": 34.982854,
        "relative_strength": 6.684392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.283537,
        "energy": 51.314761,
        "activity_lines": [
          48.149129,
          47.916136,
          46.597066,
          45.313165
        ]
      },
      {
        "date": "2025-01-24",
        "close": 50.533856,
        "volume": 82165,
        "typical_volume": 119474.55,
        "trend": 44.096586,
        "fair_value": 35.080758,
        "relative_strength": 8.430121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.133662,
        "energy": 57.496736,
        "activity_lines": [
          48.978052,
          48.500249,
          47.104484,
          45.748317
        ]
      },
      {
        "date": "2025-01-31",
        "close": 48.648634,
        "volume": 108435,
        "typical_volume": 121283.55,
        "trend": 44.312342,
        "fair_value": 35.15863,
        "relative_strength": 5.663923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.595589,
        "energy": 46.090495,
        "activity_lines": [
          48.984005,
          48.62047,
          47.375759,
          46.041998
        ]
      },
      {
        "date": "2025-02-07",
        "close": 49.938523,
        "volume": 103221,
        "typical_volume": 121143.55,
        "trend": 44.542107,
        "fair_value": 35.250639,
        "relative_strength": 8.097384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.218582,
        "energy": 50.549267,
        "activity_lines": [
          49.38817,
          48.921318,
          47.735859,
          46.404977
        ]
      },
      {
        "date": "2025-02-14",
        "close": 50.484245,
        "volume": 90183,
        "typical_volume": 120732.65,
        "trend": 44.849024,
        "fair_value": 35.345108,
        "relative_strength": 5.994711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.63658,
        "energy": 52.579827,
        "activity_lines": [
          49.871713,
          49.24872,
          48.111814,
          46.788341
        ]
      },
      {
        "date": "2025-02-21",
        "close": 48.648634,
        "volume": 71577,
        "typical_volume": 120298.45,
        "trend": 45.129388,
        "fair_value": 35.425058,
        "relative_strength": 4.324144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.396458,
        "energy": 41.321208,
        "activity_lines": [
          49.52179,
          49.206059,
          48.276746,
          47.033477
        ]
      },
      {
        "date": "2025-02-28",
        "close": 47.080924,
        "volume": 123633,
        "typical_volume": 121362.25,
        "trend": 45.425031,
        "fair_value": 35.503213,
        "relative_strength": 4.412443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.091169,
        "energy": 26.180892,
        "activity_lines": [
          48.665171,
          48.884603,
          48.265618,
          47.159383
        ]
      },
      {
        "date": "2025-03-07",
        "close": 45.165936,
        "volume": 194237,
        "typical_volume": 125736.35,
        "trend": 45.649043,
        "fair_value": 35.57539,
        "relative_strength": 3.437829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.028659,
        "energy": 11.985667,
        "activity_lines": [
          47.400419,
          48.224685,
          48.058339,
          47.142667
        ]
      },
      {
        "date": "2025-03-14",
        "close": 43.876047,
        "volume": 126919,
        "typical_volume": 125291.85,
        "trend": 45.744763,
        "fair_value": 35.626825,
        "relative_strength": 2.940953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -13.046683,
        "energy": 26.202765,
        "activity_lines": [
          45.937884,
          47.384905,
          47.725729,
          47.02828
        ]
      },
      {
        "date": "2025-03-21",
        "close": 44.263014,
        "volume": 122360,
        "typical_volume": 127935.4,
        "trend": 45.822273,
        "fair_value": 35.678333,
        "relative_strength": 3.476212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -29.261655,
        "energy": 38.365099,
        "activity_lines": [
          45.008503,
          46.697746,
          47.430661,
          46.932683
        ]
      },
      {
        "date": "2025-03-28",
        "close": 42.480807,
        "volume": 69023,
        "typical_volume": 127663.8,
        "trend": 45.841328,
        "fair_value": 35.720133,
        "relative_strength": 1.608957,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.271793,
        "energy": 61.200435,
        "activity_lines": [
          43.899802,
          45.739227,
          46.963101,
          46.717105
        ]
      },
      {
        "date": "2025-04-04",
        "close": 37.362039,
        "volume": 230058,
        "typical_volume": 135037.3,
        "trend": 45.798458,
        "fair_value": 35.736904,
        "relative_strength": -0.888966,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -64.8225,
        "energy": 78.687604,
        "activity_lines": [
          41.496033,
          43.966496,
          46.024567,
          46.170054
        ]
      },
      {
        "date": "2025-04-11",
        "close": 39.558637,
        "volume": 161782,
        "typical_volume": 137454.45,
        "trend": 45.733613,
        "fair_value": 35.771434,
        "relative_strength": -2.431942,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.171588,
        "energy": 72.323149,
        "activity_lines": [
          40.472389,
          42.832634,
          45.326232,
          45.767485
        ]
      },
      {
        "date": "2025-04-18",
        "close": 39.151123,
        "volume": 121483,
        "typical_volume": 138363.85,
        "trend": 45.626856,
        "fair_value": 35.807273,
        "relative_strength": -1.272531,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.078877,
        "energy": 82.439093,
        "activity_lines": [
          39.686727,
          41.78995,
          44.618256,
          45.342808
        ]
      },
      {
        "date": "2025-04-25",
        "close": 41.526629,
        "volume": 103246,
        "typical_volume": 137124.95,
        "trend": 45.58169,
        "fair_value": 35.866553,
        "relative_strength": -1.633039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.469379,
        "energy": 70.137955,
        "activity_lines": [
          40.007896,
          41.375312,
          44.168855,
          45.078277
        ]
      },
      {
        "date": "2025-05-02",
        "close": 43.603954,
        "volume": 89732,
        "typical_volume": 137275.1,
        "trend": 45.600817,
        "fair_value": 35.938475,
        "relative_strength": -0.250863,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.784322,
        "energy": 44.948804,
        "activity_lines": [
          41.203931,
          41.501235,
          43.950439,
          44.950681
        ]
      },
      {
        "date": "2025-05-09",
        "close": 43.713287,
        "volume": 67168,
        "typical_volume": 122565.9,
        "trend": 45.584964,
        "fair_value": 36.012876,
        "relative_strength": 0.073298,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.683458,
        "energy": 28.902609,
        "activity_lines": [
          42.361535,
          41.738758,
          43.768093,
          44.828905
        ]
      },
      {
        "date": "2025-05-16",
        "close": 46.744791,
        "volume": 114853,
        "typical_volume": 124592.6,
        "trend": 45.654977,
        "fair_value": 36.108731,
        "relative_strength": 0.057055,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.076945,
        "energy": 21.803771,
        "activity_lines": [
          44.106223,
          42.588693,
          43.893043,
          44.903733
        ]
      },
      {
        "date": "2025-05-23",
        "close": 45.502371,
        "volume": 114861,
        "typical_volume": 126653.3,
        "trend": 45.704373,
        "fair_value": 36.18271,
        "relative_strength": -0.318444,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.586736,
        "energy": 24.938427,
        "activity_lines": [
          44.957694,
          43.184027,
          43.906465,
          44.893887
        ]
      },
      {
        "date": "2025-05-30",
        "close": 45.760795,
        "volume": 71805,
        "typical_volume": 126476.5,
        "trend": 45.773607,
        "fair_value": 36.259693,
        "relative_strength": -1.675465,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.398811,
        "energy": 23.877178,
        "activity_lines": [
          45.471891,
          43.796778,
          43.958301,
          44.897527
        ]
      },
      {
        "date": "2025-06-06",
        "close": 47.738727,
        "volume": 62473,
        "typical_volume": 111460.7,
        "trend": 45.833176,
        "fair_value": 36.361124,
        "relative_strength": 0.394734,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 30.090236,
        "energy": 33.926797,
        "activity_lines": [
          46.36312,
          44.74192,
          44.205175,
          45.024309
        ]
      },
      {
        "date": "2025-06-13",
        "close": 48.414603,
        "volume": 55437,
        "typical_volume": 110124.3,
        "trend": 45.984598,
        "fair_value": 36.480432,
        "relative_strength": 2.265583,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.663571,
        "energy": 45.499178,
        "activity_lines": [
          47.203989,
          45.714351,
          44.521885,
          45.190853
        ]
      },
      {
        "date": "2025-06-20",
        "close": 49.259448,
        "volume": 52279,
        "typical_volume": 107316.5,
        "trend": 46.103771,
        "fair_value": 36.594253,
        "relative_strength": 3.91372,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.55226,
        "energy": 56.73209,
        "activity_lines": [
          48.013053,
          46.639434,
          44.929148,
          45.402134
        ]
      },
      {
        "date": "2025-06-27",
        "close": 52.006244,
        "volume": 76700,
        "typical_volume": 105990.45,
        "trend": 46.30592,
        "fair_value": 36.734306,
        "relative_strength": 5.151661,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.463243,
        "energy": 69.039258,
        "activity_lines": [
          49.570071,
          47.887556,
          45.595102,
          45.782938
        ]
      },
      {
        "date": "2025-07-04",
        "close": 53.739122,
        "volume": 349788,
        "typical_volume": 118970.7,
        "trend": 46.480994,
        "fair_value": 36.8798,
        "relative_strength": 6.813723,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 61.659352,
        "energy": 82.323268,
        "activity_lines": [
          51.271124,
          49.217017,
          46.416245,
          46.2625
        ]
      },
      {
        "date": "2025-07-11",
        "close": 52.215384,
        "volume": 90727,
        "typical_volume": 119928.2,
        "trend": 46.58844,
        "fair_value": 37.014541,
        "relative_strength": 4.014329,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.413299,
        "energy": 89.064687,
        "activity_lines": [
          51.932376,
          50.04739,
          47.076772,
          46.63246
        ]
      },
      {
        "date": "2025-07-18",
        "close": 53.816404,
        "volume": 47412,
        "typical_volume": 116117.15,
        "trend": 46.79514,
        "fair_value": 37.152583,
        "relative_strength": 5.663395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.999214,
        "energy": 91.942985,
        "activity_lines": [
          52.828857,
          51.012286,
          47.872792,
          47.098781
        ]
      },
      {
        "date": "2025-07-25",
        "close": 53.993675,
        "volume": 82570,
        "typical_volume": 110533.8,
        "trend": 46.989183,
        "fair_value": 37.28363,
        "relative_strength": 4.878597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.229323,
        "energy": 90.576518,
        "activity_lines": [
          53.424309,
          51.825719,
          48.653621,
          47.563202
        ]
      },
      {
        "date": "2025-08-01",
        "close": 52.835137,
        "volume": 362047,
        "typical_volume": 122290.2,
        "trend": 47.137002,
        "fair_value": 37.403553,
        "relative_strength": 4.726147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.292071,
        "energy": 83.478308,
        "activity_lines": [
          53.317966,
          52.296712,
          49.282076,
          47.940361
        ]
      },
      {
        "date": "2025-08-08",
        "close": 56.47418,
        "volume": 1033400,
        "typical_volume": 167842.2,
        "trend": 47.447465,
        "fair_value": 37.544155,
        "relative_strength": 7.628953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.756172,
        "energy": 79.933163,
        "activity_lines": [
          54.369378,
          53.296026,
          50.214445,
          48.542759
        ]
      },
      {
        "date": "2025-08-15",
        "close": 56.405861,
        "volume": 896117,
        "typical_volume": 209196.9,
        "trend": 47.698101,
        "fair_value": 37.688385,
        "relative_strength": 6.73432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.380756,
        "energy": 80.735411,
        "activity_lines": [
          55.215679,
          54.088129,
          51.082159,
          49.12072
        ]
      },
      {
        "date": "2025-08-22",
        "close": 56.505352,
        "volume": 422845,
        "typical_volume": 218836.25,
        "trend": 47.897151,
        "fair_value": 37.84274,
        "relative_strength": 7.679104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.985065,
        "energy": 68.872792,
        "activity_lines": [
          55.81578,
          54.740738,
          51.893038,
          49.68893
        ]
      },
      {
        "date": "2025-08-29",
        "close": 57.233559,
        "volume": 188916,
        "typical_volume": 220192.95,
        "trend": 48.183315,
        "fair_value": 38.012235,
        "relative_strength": 9.09594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.682934,
        "energy": 74.951411,
        "activity_lines": [
          56.479352,
          55.378643,
          52.682111,
          50.291279
        ]
      },
      {
        "date": "2025-09-05",
        "close": 58.609105,
        "volume": 158887,
        "typical_volume": 222063.15,
        "trend": 48.472334,
        "fair_value": 38.184757,
        "relative_strength": 10.271534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.640948,
        "energy": 77.435385,
        "activity_lines": [
          57.385448,
          56.121663,
          53.518023,
          50.963911
        ]
      },
      {
        "date": "2025-09-12",
        "close": 60.474737,
        "volume": 147446,
        "typical_volume": 224273.15,
        "trend": 48.805351,
        "fair_value": 38.380328,
        "relative_strength": 11.371087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.949595,
        "energy": 72.892348,
        "activity_lines": [
          58.52849,
          57.083838,
          54.438957,
          51.738259
        ]
      },
      {
        "date": "2025-09-19",
        "close": 61.907747,
        "volume": 328104,
        "typical_volume": 236191.75,
        "trend": 49.247321,
        "fair_value": 38.596426,
        "relative_strength": 11.249247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.854673,
        "energy": 81.265318,
        "activity_lines": [
          59.882498,
          58.184094,
          55.406139,
          52.583575
        ]
      },
      {
        "date": "2025-09-26",
        "close": 61.181693,
        "volume": 101970,
        "typical_volume": 237931.85,
        "trend": 49.717347,
        "fair_value": 38.812301,
        "relative_strength": 10.119752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.029536,
        "energy": 82.388536,
        "activity_lines": [
          60.627696,
          58.976115,
          56.217012,
          53.353534
        ]
      },
      {
        "date": "2025-10-03",
        "close": 63.060218,
        "volume": 110473,
        "typical_volume": 237712.85,
        "trend": 50.313823,
        "fair_value": 39.038136,
        "relative_strength": 11.78039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.410426,
        "energy": 84.917681,
        "activity_lines": [
          61.687312,
          59.975772,
          57.123609,
          54.214365
        ]
      },
      {
        "date": "2025-10-10",
        "close": 61.989339,
        "volume": 198043,
        "typical_volume": 241871.95,
        "trend": 50.917599,
        "fair_value": 39.265018,
        "relative_strength": 12.083834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.634955,
        "energy": 66.892659,
        "activity_lines": [
          62.001525,
          60.615878,
          57.850525,
          54.967624
        ]
      },
      {
        "date": "2025-10-17",
        "close": 63.98961,
        "volume": 136508,
        "typical_volume": 245107.1,
        "trend": 51.575153,
        "fair_value": 39.496625,
        "relative_strength": 12.58559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.244059,
        "energy": 69.913972,
        "activity_lines": [
          62.757146,
          61.453229,
          58.689434,
          55.810979
        ]
      },
      {
        "date": "2025-10-24",
        "close": 65.071656,
        "volume": 105835,
        "typical_volume": 247275.2,
        "trend": 52.328181,
        "fair_value": 39.725588,
        "relative_strength": 11.678542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.436354,
        "energy": 70.316823,
        "activity_lines": [
          63.639124,
          62.350671,
          59.544591,
          56.681722
        ]
      },
      {
        "date": "2025-10-31",
        "close": 67.662805,
        "volume": 154999,
        "typical_volume": 252253.3,
        "trend": 53.338206,
        "fair_value": 39.977279,
        "relative_strength": 13.512224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.64408,
        "energy": 73.312883,
        "activity_lines": [
          65.173892,
          63.561672,
          60.563987,
          57.671052
        ]
      },
      {
        "date": "2025-11-07",
        "close": 65.138063,
        "volume": 115074,
        "typical_volume": 255393.05,
        "trend": 54.190854,
        "fair_value": 40.200547,
        "relative_strength": 12.353853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.057936,
        "energy": 65.971829,
        "activity_lines": [
          65.435004,
          64.110766,
          61.251272,
          58.432333
        ]
      },
      {
        "date": "2025-11-14",
        "close": 64.07536,
        "volume": 145394,
        "typical_volume": 258827.75,
        "trend": 55.021662,
        "fair_value": 40.417065,
        "relative_strength": 10.314286,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.525133,
        "energy": 61.968545,
        "activity_lines": [
          65.203359,
          64.322922,
          61.761736,
          59.070043
        ]
      },
      {
        "date": "2025-11-21",
        "close": 60.599291,
        "volume": 223684,
        "typical_volume": 252522.55,
        "trend": 55.657417,
        "fair_value": 40.608828,
        "relative_strength": 7.39451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.981752,
        "energy": 44.500678,
        "activity_lines": [
          63.673957,
          63.80368,
          61.883673,
          59.42989
        ]
      },
      {
        "date": "2025-11-28",
        "close": 64.32912,
        "volume": 80255,
        "typical_volume": 251998.95,
        "trend": 56.348256,
        "fair_value": 40.822027,
        "relative_strength": 8.343256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.260975,
        "energy": 34.921328,
        "activity_lines": [
          63.613852,
          63.960324,
          62.328164,
          59.989355
        ]
      },
      {
        "date": "2025-12-05",
        "close": 65.981804,
        "volume": 112227,
        "typical_volume": 255239.7,
        "trend": 57.09054,
        "fair_value": 41.051569,
        "relative_strength": 9.735873,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.920456,
        "energy": 37.16052,
        "activity_lines": [
          64.154144,
          64.373431,
          62.87237,
          60.610874
        ]
      },
      {
        "date": "2025-12-12",
        "close": 64.972844,
        "volume": 129345,
        "typical_volume": 257578.45,
        "trend": 57.698142,
        "fair_value": 41.281567,
        "relative_strength": 9.859646,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.378589,
        "energy": 33.700898,
        "activity_lines": [
          64.470183,
          64.515816,
          63.262554,
          61.11941
        ]
      },
      {
        "date": "2025-12-19",
        "close": 64.043353,
        "volume": 88737,
        "typical_volume": 243912.95,
        "trend": 58.316175,
        "fair_value": 41.507893,
        "relative_strength": 7.439638,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.434307,
        "energy": 38.208886,
        "activity_lines": [
          64.487406,
          64.454428,
          63.511933,
          61.528778
        ]
      },
      {
        "date": "2025-12-26",
        "close": 64.625457,
        "volume": 45474,
        "typical_volume": 194516.65,
        "trend": 58.944997,
        "fair_value": 41.736696,
        "relative_strength": 6.85787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.737843,
        "energy": 37.417665,
        "activity_lines": [
          64.700797,
          64.461531,
          63.763378,
          61.935829
        ]
      },
      {
        "date": "2026-01-02",
        "close": 64.678489,
        "volume": 65694,
        "typical_volume": 152995.5,
        "trend": 59.509655,
        "fair_value": 41.959754,
        "relative_strength": 8.572365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.82676,
        "energy": 33.331499,
        "activity_lines": [
          64.663455,
          64.466715,
          63.981058,
          62.305732
        ]
      },
      {
        "date": "2026-01-09",
        "close": 64.824893,
        "volume": 161966,
        "typical_volume": 139951.55,
        "trend": 60.056665,
        "fair_value": 42.175679,
        "relative_strength": 6.258385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.334186,
        "energy": 30.651242,
        "activity_lines": [
          64.651623,
          64.505667,
          64.173287,
          62.64865
        ]
      },
      {
        "date": "2026-01-16",
        "close": 66.144424,
        "volume": 120622,
        "typical_volume": 136536.85,
        "trend": 60.619498,
        "fair_value": 42.403353,
        "relative_strength": 9.096917,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.603398,
        "energy": 36.343564,
        "activity_lines": [
          65.156762,
          64.836132,
          64.45157,
          63.041409
        ]
      },
      {
        "date": "2026-01-23",
        "close": 65.72189,
        "volume": 80457,
        "typical_volume": 132615.35,
        "trend": 61.076686,
        "fair_value": 42.621489,
        "relative_strength": 7.940633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.220776,
        "energy": 34.886419,
        "activity_lines": [
          65.442951,
          65.071475,
          64.647179,
          63.370596
        ]
      },
      {
        "date": "2026-01-30",
        "close": 66.211234,
        "volume": 85122,
        "typical_volume": 129499.15,
        "trend": 61.492423,
        "fair_value": 42.837545,
        "relative_strength": 8.618246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.698963,
        "energy": 37.49941,
        "activity_lines": [
          65.780352,
          65.365852,
          64.855521,
          63.701857
        ]
      },
      {
        "date": "2026-02-06",
        "close": 67.358296,
        "volume": 210723,
        "typical_volume": 123630.1,
        "trend": 61.997187,
        "fair_value": 43.065979,
        "relative_strength": 12.394954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.704233,
        "energy": 50.349613,
        "activity_lines": [
          66.394388,
          65.766752,
          65.145791,
          64.0803
        ]
      },
      {
        "date": "2026-02-13",
        "close": 67.553135,
        "volume": 145714,
        "typical_volume": 125817.3,
        "trend": 62.455078,
        "fair_value": 43.294425,
        "relative_strength": 13.768181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.382857,
        "energy": 52.150442,
        "activity_lines": [
          66.894718,
          66.148,
          65.428661,
          64.438748
        ]
      },
      {
        "date": "2026-02-20",
        "close": 67.200608,
        "volume": 73796,
        "typical_volume": 123983.45,
        "trend": 62.895309,
        "fair_value": 43.528746,
        "relative_strength": 11.514477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.498321,
        "energy": 53.835155,
        "activity_lines": [
          67.095655,
          66.436583,
          65.647618,
          64.744912
        ]
      },
      {
        "date": "2026-02-27",
        "close": 67.322045,
        "volume": 92492,
        "typical_volume": 118705.9,
        "trend": 63.378206,
        "fair_value": 43.760243,
        "relative_strength": 11.610847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.006001,
        "energy": 52.506266,
        "activity_lines": [
          67.266659,
          66.706741,
          65.858424,
          65.030508
        ]
      },
      {
        "date": "2026-03-06",
        "close": 66.170788,
        "volume": 85189,
        "typical_volume": 116139.95,
        "trend": 63.701426,
        "fair_value": 43.992495,
        "relative_strength": 10.694955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.843187,
        "energy": 36.159393,
        "activity_lines": [
          66.947234,
          66.707966,
          65.934192,
          65.210674
        ]
      },
      {
        "date": "2026-03-13",
        "close": 67.576903,
        "volume": 119982,
        "typical_volume": 116847.3,
        "trend": 64.073794,
        "fair_value": 44.230966,
        "relative_strength": 13.715117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.008338,
        "energy": 34.480703,
        "activity_lines": [
          67.09921,
          66.936752,
          66.13349,
          65.460705
        ]
      },
      {
        "date": "2026-03-20",
        "close": 67.96748,
        "volume": 157590,
        "typical_volume": 116976.85,
        "trend": 64.455865,
        "fair_value": 44.469474,
        "relative_strength": 16.122345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.61468,
        "energy": 35.362636,
        "activity_lines": [
          67.366805,
          67.183854,
          66.358056,
          65.711911
        ]
      },
      {
        "date": "2026-03-27",
        "close": 67.1204,
        "volume": 166432,
        "typical_volume": 119544.75,
        "trend": 64.785426,
        "fair_value": 44.695579,
        "relative_strength": 17.86146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.626834,
        "energy": 27.99829,
        "activity_lines": [
          67.324417,
          67.219803,
          66.500496,
          65.883816
        ]
      },
      {
        "date": "2026-04-03",
        "close": 71.706,
        "volume": 94143,
        "typical_volume": 116982.2,
        "trend": 65.221989,
        "fair_value": 44.956184,
        "relative_strength": 20.320508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.432564,
        "energy": 47.319102,
        "activity_lines": [
          68.815909,
          68.071752,
          67.070221,
          66.330305
        ]
      },
      {
        "date": "2026-04-10",
        "close": 73.8,
        "volume": 155779,
        "typical_volume": 113586.95,
        "trend": 65.666165,
        "fair_value": 45.230212,
        "relative_strength": 17.806553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.826707,
        "energy": 69.630825,
        "activity_lines": [
          70.713138,
          69.195627,
          67.803038,
          66.883725
        ]
      },
      {
        "date": "2026-04-17",
        "close": 80.042,
        "volume": 176199,
        "typical_volume": 118384.15,
        "trend": 66.27064,
        "fair_value": 45.551476,
        "relative_strength": 19.551102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.200552,
        "energy": 87.898209,
        "activity_lines": [
          74.182419,
          71.316433,
          69.06747,
          67.811198
        ]
      },
      {
        "date": "2026-04-24",
        "close": 82.397105,
        "volume": 118220,
        "typical_volume": 118683.8,
        "trend": 66.97782,
        "fair_value": 45.888832,
        "relative_strength": 19.613573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.719424,
        "energy": 95.604628,
        "activity_lines": [
          77.605728,
          73.634828,
          70.481375,
          68.851615
        ]
      },
      {
        "date": "2026-05-01",
        "close": 84.907951,
        "volume": 134422,
        "typical_volume": 118937.65,
        "trend": 67.706078,
        "fair_value": 46.243585,
        "relative_strength": 20.567015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.510437,
        "energy": 94.858303,
        "activity_lines": [
          80.904012,
          76.139849,
          72.05624,
          70.008398
        ]
      },
      {
        "date": "2026-05-08",
        "close": 91.176444,
        "volume": 258886,
        "typical_volume": 127445.1,
        "trend": 68.678982,
        "fair_value": 46.640508,
        "relative_strength": 21.859481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.758558,
        "energy": 97.420633,
        "activity_lines": [
          85.105956,
          79.462645,
          74.133176,
          71.522615
        ]
      },
      {
        "date": "2026-05-15",
        "close": 92.884317,
        "volume": 249377,
        "typical_volume": 137640.25,
        "trend": 69.642139,
        "fair_value": 47.042226,
        "relative_strength": 23.617092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.71994,
        "energy": 95.662167,
        "activity_lines": [
          88.579162,
          82.662247,
          76.243561,
          73.084249
        ]
      },
      {
        "date": "2026-05-22",
        "close": 99.286344,
        "volume": 268718,
        "typical_volume": 147791.45,
        "trend": 70.782628,
        "fair_value": 47.475831,
        "relative_strength": 29.408637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.308167,
        "energy": 96.583454,
        "activity_lines": [
          92.914088,
          86.540153,
          78.829096,
          74.996779
        ]
      },
      {
        "date": "2026-05-29",
        "close": 102.492351,
        "volume": 289660,
        "typical_volume": 154176.15,
        "trend": 71.943613,
        "fair_value": 47.930893,
        "relative_strength": 28.66431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.116163,
        "energy": 95.964936,
        "activity_lines": [
          97.034728,
          90.424434,
          81.555166,
          77.042567
        ]
      },
      {
        "date": "2026-06-05",
        "close": 95.095064,
        "volume": 368334,
        "typical_volume": 166561.75,
        "trend": 72.94218,
        "fair_value": 48.337755,
        "relative_strength": 24.025112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.211168,
        "energy": 69.842304,
        "activity_lines": [
          97.349922,
          92.336029,
          83.397364,
          78.536209
        ]
      },
      {
        "date": "2026-06-12",
        "close": 94.841879,
        "volume": 257050,
        "typical_volume": 175391.4,
        "trend": 73.96773,
        "fair_value": 48.735923,
        "relative_strength": 20.069505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.325176,
        "energy": 66.450231,
        "activity_lines": [
          96.901581,
          93.69296,
          85.077589,
          79.949093
        ]
      },
      {
        "date": "2026-06-19",
        "close": 95.141506,
        "volume": 170179,
        "typical_volume": 179644.25,
        "trend": 75.119137,
        "fair_value": 49.145044,
        "relative_strength": 16.604441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.716497,
        "energy": 63.131464,
        "activity_lines": [
          96.308752,
          94.683717,
          86.647683,
          81.315143
        ]
      },
      {
        "date": "2026-06-26",
        "close": 88.0457,
        "volume": 311151,
        "typical_volume": 184665.65,
        "trend": 75.90969,
        "fair_value": 49.498774,
        "relative_strength": 12.415541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.113483,
        "energy": 43.514765,
        "activity_lines": [
          93.200176,
          93.996299,
          87.404223,
          82.149115
        ]
      },
      {
        "date": "2026-07-03",
        "close": 88.69,
        "volume": 161986,
        "typical_volume": 185479.25,
        "trend": 76.66663,
        "fair_value": 49.85928,
        "relative_strength": 11.739167,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.295844,
        "energy": 32.458007,
        "activity_lines": [
          91.055743,
          93.280506,
          88.123614,
          82.973651
        ]
      },
      {
        "date": "2026-07-10",
        "close": 89.033,
        "volume": 167941,
        "typical_volume": 190186.5,
        "trend": 77.468635,
        "fair_value": 50.219795,
        "relative_strength": 9.642352,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.963878,
        "energy": 24.924995,
        "activity_lines": [
          89.945799,
          92.512659,
          88.775019,
          83.771481
        ]
      },
      {
        "date": "2026-07-17",
        "close": 80.96,
        "volume": 180009,
        "typical_volume": 194562.35,
        "trend": 78.032523,
        "fair_value": 50.529247,
        "relative_strength": 3.668281,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.117108,
        "energy": 23.101407,
        "activity_lines": [
          86.548994,
          90.201994,
          88.553603,
          83.996731
        ]
      },
      {
        "date": "2026-07-24",
        "close": 79.93,
        "volume": 329892,
        "typical_volume": 206797.5,
        "trend": 78.542675,
        "fair_value": 50.830721,
        "relative_strength": 3.634751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.415387,
        "energy": 18.872547,
        "activity_lines": [
          83.734313,
          87.889809,
          88.16915,
          84.119149
        ]
      },
      {
        "date": "2026-07-31",
        "close": 79.53,
        "volume": 162293,
        "typical_volume": 208913.05,
        "trend": 79.037725,
        "fair_value": 51.134938,
        "relative_strength": 2.20636,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.119495,
        "energy": 24.470343,
        "activity_lines": [
          81.8004,
          85.74043,
          87.681081,
          84.182847
        ]
      },
      {
        "date": "2026-08-07",
        "close": 86.79,
        "volume": 131014,
        "typical_volume": 207584.25,
        "trend": 79.769895,
        "fair_value": 51.488646,
        "relative_strength": 5.746605,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.151613,
        "energy": 20.554236,
        "activity_lines": [
          82.8542,
          85.270257,
          87.827521,
          84.682994
        ]
      }
    ],
    "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."
    }
  }
}