{
  "ticker": {
    "uuid": "7706af3f-0c2a-412a-ad26-e02a364b9376",
    "symbol": "FPE3",
    "name": "Fuchs SE",
    "exchange": "GER",
    "country": "DE",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.526,
    "architecture_energy": 65.694,
    "architecture_maturity": 23.345,
    "architecture_confidence": 81.628,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 7.88,
        "rotation_up": 64.7,
        "upward_expansion": 86.31,
        "deceleration": 49.46,
        "rotation_down": 17.12,
        "downward_expansion": 12.98
      },
      "activity_lines": [
        40.449334,
        39.998182,
        39.23942,
        38.323844
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 40.880001,
    "trend_reference": 37.442491,
    "distance_from_trend": 0.091808,
    "trend_direction": "Improving",
    "fair_value": 38.861443,
    "distance_from_fair_value": 0.051942,
    "fair_value_direction": "Improving",
    "relative_strength": 0.377239,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.109477,
    "excess_performance": 0.044837,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.091808,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022229,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.051942,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.074874,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.003772,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.048337,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.109477,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.295174,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 519193,
      "relative_activity": 1.167045,
      "balance": 1.295174,
      "dry_up": 1.039537,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.035225,
      "annualized_volatility": 0.230774,
      "from_high_reference": -0.02944,
      "from_low_reference": 0.326488
    },
    "levels": {
      "trend_reference": 37.442491,
      "fair_value_reference": 38.861443,
      "structural_low": 30.818222,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 21,
        "median_return": 0.002015,
        "positive_rate": 0.52381,
        "directional_follow_through": 0.52381,
        "median_excess_return": -0.01718,
        "regime_survival": 0.666667,
        "best_return": 0.138754,
        "worst_return": -0.147917,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.029358,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.028686,
        "regime_survival": 0.25,
        "best_return": 0.083152,
        "worst_return": -0.157137,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.030819,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.050506,
        "regime_survival": 0.25,
        "best_return": 0.076307,
        "worst_return": -0.062276,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.152446,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.054327,
        "regime_survival": 0.0,
        "best_return": 0.164006,
        "worst_return": -0.186807,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-07-26",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.047923,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-23",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.092564,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-10-18",
        "tenure": "New",
        "return": 0.020755,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-25",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": 0.005791,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-27",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.042045,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.087086,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-07",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.089831,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.127249,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.204659,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": -0.138627,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.007335,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-22",
        "end": "2026-04-24",
        "tenure": "Extended",
        "return": -0.109808,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.020044,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.029723,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 34.659534,
        "volume": 277630,
        "typical_volume": 454521.1,
        "trend": 33.153638,
        "fair_value": 32.794811,
        "relative_strength": 7.248024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.445944,
        "energy": 46.75245,
        "activity_lines": [
          34.379902,
          34.050767,
          33.346697,
          33.253747
        ]
      },
      {
        "date": "2023-08-25",
        "close": 34.43877,
        "volume": 259291,
        "typical_volume": 444782.7,
        "trend": 33.223885,
        "fair_value": 32.802228,
        "relative_strength": 5.861595,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.098137,
        "energy": 36.707722,
        "activity_lines": [
          34.37009,
          34.210317,
          33.477574,
          33.336659
        ]
      },
      {
        "date": "2023-09-01",
        "close": 35.174644,
        "volume": 324616,
        "typical_volume": 437425.45,
        "trend": 33.302612,
        "fair_value": 32.821474,
        "relative_strength": 6.400649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.550508,
        "energy": 41.950416,
        "activity_lines": [
          34.63991,
          34.456499,
          33.67317,
          33.462515
        ]
      },
      {
        "date": "2023-09-08",
        "close": 33.610916,
        "volume": 391802,
        "typical_volume": 415214.15,
        "trend": 33.350019,
        "fair_value": 32.810978,
        "relative_strength": 2.102352,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.350961,
        "energy": 28.604748,
        "activity_lines": [
          34.343108,
          34.350132,
          33.710886,
          33.482405
        ]
      },
      {
        "date": "2023-09-15",
        "close": 33.813282,
        "volume": 691727,
        "typical_volume": 413757.25,
        "trend": 33.3584,
        "fair_value": 32.805658,
        "relative_strength": 1.475998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.581683,
        "energy": 22.302136,
        "activity_lines": [
          34.171405,
          34.275208,
          33.770443,
          33.512293
        ]
      },
      {
        "date": "2023-09-22",
        "close": 32.139172,
        "volume": 513763,
        "typical_volume": 412267.9,
        "trend": 33.344266,
        "fair_value": 32.792946,
        "relative_strength": -1.637776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 10.90014,
        "energy": 11.142742,
        "activity_lines": [
          33.437986,
          33.875495,
          33.661551,
          33.433633
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.868473,
        "volume": 607699,
        "typical_volume": 420769.75,
        "trend": 33.303959,
        "fair_value": 32.772572,
        "relative_strength": 4.529626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.787483,
        "energy": 20.183749,
        "activity_lines": [
          33.449025,
          33.823985,
          33.717705,
          33.467453
        ]
      },
      {
        "date": "2023-10-06",
        "close": 33.077412,
        "volume": 359649,
        "typical_volume": 422486.1,
        "trend": 33.27949,
        "fair_value": 32.743786,
        "relative_strength": 2.967486,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.392763,
        "energy": 14.569564,
        "activity_lines": [
          33.234397,
          33.64838,
          33.692651,
          33.452837
        ]
      },
      {
        "date": "2023-10-13",
        "close": 33.132599,
        "volume": 384442,
        "typical_volume": 425188.05,
        "trend": 33.261615,
        "fair_value": 32.709213,
        "relative_strength": 3.304257,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.642232,
        "energy": 16.261692,
        "activity_lines": [
          33.177979,
          33.508564,
          33.672239,
          33.44336
        ]
      },
      {
        "date": "2023-10-20",
        "close": 31.955208,
        "volume": 347462,
        "typical_volume": 416647.45,
        "trend": 33.199144,
        "fair_value": 32.66526,
        "relative_strength": 2.076846,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.781127,
        "energy": 30.949689,
        "activity_lines": [
          32.760986,
          33.179094,
          33.534088,
          33.359076
        ]
      },
      {
        "date": "2023-10-27",
        "close": 34.070839,
        "volume": 457792,
        "typical_volume": 423375.4,
        "trend": 33.219082,
        "fair_value": 32.645644,
        "relative_strength": 9.282418,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.988776,
        "energy": 8.796878,
        "activity_lines": [
          33.173075,
          33.267065,
          33.596638,
          33.415314
        ]
      },
      {
        "date": "2023-11-03",
        "close": 36.020897,
        "volume": 641088,
        "typical_volume": 424345.4,
        "trend": 33.309373,
        "fair_value": 32.628184,
        "relative_strength": 11.425862,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.59254,
        "energy": 26.913174,
        "activity_lines": [
          34.106405,
          33.720295,
          33.832467,
          33.596077
        ]
      },
      {
        "date": "2023-11-10",
        "close": 35.744942,
        "volume": 638592,
        "typical_volume": 437525.5,
        "trend": 33.391059,
        "fair_value": 32.59775,
        "relative_strength": 10.058107,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.291868,
        "energy": 47.733246,
        "activity_lines": [
          34.804255,
          34.094586,
          34.022129,
          33.75321
        ]
      },
      {
        "date": "2023-11-17",
        "close": 36.517609,
        "volume": 352960,
        "typical_volume": 429884.05,
        "trend": 33.469968,
        "fair_value": 32.569251,
        "relative_strength": 7.409725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.133049,
        "energy": 64.062406,
        "activity_lines": [
          35.581826,
          34.598992,
          34.264791,
          33.954923
        ]
      },
      {
        "date": "2023-11-24",
        "close": 36.333641,
        "volume": 325527,
        "typical_volume": 424275.3,
        "trend": 33.617049,
        "fair_value": 32.54216,
        "relative_strength": 5.975899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.311172,
        "energy": 70.523888,
        "activity_lines": [
          36.072407,
          35.017101,
          34.47469,
          34.139676
        ]
      },
      {
        "date": "2023-12-01",
        "close": 35.781738,
        "volume": 517746,
        "typical_volume": 433225.9,
        "trend": 33.736015,
        "fair_value": 32.514332,
        "relative_strength": 1.923745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.8642,
        "energy": 65.417515,
        "activity_lines": [
          36.087124,
          35.289039,
          34.614681,
          34.279333
        ]
      },
      {
        "date": "2023-12-08",
        "close": 36.352039,
        "volume": 428925,
        "typical_volume": 436247.4,
        "trend": 33.859887,
        "fair_value": 32.500934,
        "relative_strength": 1.244663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.77121,
        "energy": 59.655929,
        "activity_lines": [
          36.177882,
          35.598439,
          34.800488,
          34.448109
        ]
      },
      {
        "date": "2023-12-15",
        "close": 36.591198,
        "volume": 475912,
        "typical_volume": 435958.45,
        "trend": 33.981306,
        "fair_value": 32.477325,
        "relative_strength": 1.907888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.066186,
        "energy": 46.05412,
        "activity_lines": [
          36.326283,
          35.906167,
          35.002415,
          34.624323
        ]
      },
      {
        "date": "2023-12-22",
        "close": 36.995926,
        "volume": 480377,
        "typical_volume": 438776.3,
        "trend": 34.14933,
        "fair_value": 32.462452,
        "relative_strength": 3.252377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.349657,
        "energy": 45.466117,
        "activity_lines": [
          36.553177,
          36.223596,
          35.232901,
          34.818814
        ]
      },
      {
        "date": "2023-12-29",
        "close": 37.069511,
        "volume": 123766,
        "typical_volume": 430038.3,
        "trend": 34.325325,
        "fair_value": 32.449883,
        "relative_strength": 3.069547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.216944,
        "energy": 55.29751,
        "activity_lines": [
          36.772711,
          36.484161,
          35.458392,
          35.007213
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.432201,
        "volume": 318029,
        "typical_volume": 432058.25,
        "trend": 34.457782,
        "fair_value": 32.430912,
        "relative_strength": -0.596413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.63748,
        "energy": 38.21312,
        "activity_lines": [
          36.397417,
          36.354045,
          35.512181,
          35.078625
        ]
      },
      {
        "date": "2024-01-12",
        "close": 37.474243,
        "volume": 427712,
        "typical_volume": 440479.3,
        "trend": 34.64543,
        "fair_value": 32.413718,
        "relative_strength": 4.305664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.305742,
        "energy": 42.343913,
        "activity_lines": [
          36.726107,
          36.570459,
          35.756771,
          35.273235
        ]
      },
      {
        "date": "2024-01-19",
        "close": 37.676605,
        "volume": 385572,
        "typical_volume": 443527.1,
        "trend": 34.853926,
        "fair_value": 32.397067,
        "relative_strength": 5.7655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.686191,
        "energy": 43.488842,
        "activity_lines": [
          37.047437,
          36.797241,
          36.006179,
          35.468795
        ]
      },
      {
        "date": "2024-01-26",
        "close": 38.302097,
        "volume": 410427,
        "typical_volume": 444458.35,
        "trend": 35.020111,
        "fair_value": 32.389813,
        "relative_strength": 4.82974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.731813,
        "energy": 52.018822,
        "activity_lines": [
          37.504903,
          37.102627,
          36.303243,
          35.691257
        ]
      },
      {
        "date": "2024-02-02",
        "close": 37.106304,
        "volume": 328490,
        "typical_volume": 426296.5,
        "trend": 35.167285,
        "fair_value": 32.365411,
        "relative_strength": 1.749757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.669177,
        "energy": 61.719179,
        "activity_lines": [
          37.476694,
          37.158151,
          36.464083,
          35.82585
        ]
      },
      {
        "date": "2024-02-09",
        "close": 36.499214,
        "volume": 357328,
        "typical_volume": 418474.75,
        "trend": 35.250684,
        "fair_value": 32.339165,
        "relative_strength": -0.011776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.630372,
        "energy": 48.640377,
        "activity_lines": [
          37.243669,
          37.089247,
          36.551424,
          35.911781
        ]
      },
      {
        "date": "2024-02-16",
        "close": 38.191711,
        "volume": 305241,
        "typical_volume": 403351.85,
        "trend": 35.358611,
        "fair_value": 32.330772,
        "relative_strength": 3.399281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.217212,
        "energy": 47.884936,
        "activity_lines": [
          37.503675,
          37.315025,
          36.779193,
          36.101525
        ]
      },
      {
        "date": "2024-02-23",
        "close": 38.007744,
        "volume": 287097,
        "typical_volume": 399724.25,
        "trend": 35.475738,
        "fair_value": 32.330143,
        "relative_strength": 1.080933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.946221,
        "energy": 39.903442,
        "activity_lines": [
          37.654527,
          37.473906,
          36.968855,
          36.272437
        ]
      },
      {
        "date": "2024-03-01",
        "close": 37.106304,
        "volume": 403685,
        "typical_volume": 400686.4,
        "trend": 35.563429,
        "fair_value": 32.327938,
        "relative_strength": -2.935443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.849717,
        "energy": 32.396768,
        "activity_lines": [
          37.482824,
          37.443133,
          37.049188,
          36.377635
        ]
      },
      {
        "date": "2024-03-08",
        "close": 37.786987,
        "volume": 365237,
        "typical_volume": 401575.15,
        "trend": 35.697725,
        "fair_value": 32.345612,
        "relative_strength": -1.533777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.929167,
        "energy": 36.663341,
        "activity_lines": [
          37.617735,
          37.534113,
          37.175425,
          36.52109
        ]
      },
      {
        "date": "2024-03-15",
        "close": 39.240334,
        "volume": 817955,
        "typical_volume": 419583.3,
        "trend": 35.850419,
        "fair_value": 32.376266,
        "relative_strength": 1.64066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.804411,
        "energy": 43.148531,
        "activity_lines": [
          38.191715,
          37.876294,
          37.412305,
          36.749645
        ]
      },
      {
        "date": "2024-03-22",
        "close": 42.128624,
        "volume": 421081,
        "typical_volume": 408582.95,
        "trend": 36.106747,
        "fair_value": 32.425651,
        "relative_strength": 7.457702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.763615,
        "energy": 70.78388,
        "activity_lines": [
          39.545718,
          38.674379,
          37.899644,
          37.154691
        ]
      },
      {
        "date": "2024-03-29",
        "close": 42.220612,
        "volume": 371088,
        "typical_volume": 395207.75,
        "trend": 36.341613,
        "fair_value": 32.473146,
        "relative_strength": 5.889877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.917609,
        "energy": 84.053285,
        "activity_lines": [
          40.667922,
          39.404565,
          38.36666,
          37.549134
        ]
      },
      {
        "date": "2024-04-05",
        "close": 43.030071,
        "volume": 337286,
        "typical_volume": 394424.05,
        "trend": 36.655585,
        "fair_value": 32.514732,
        "relative_strength": 9.578379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.270145,
        "energy": 90.346808,
        "activity_lines": [
          41.779089,
          40.199306,
          38.87993,
          37.980647
        ]
      },
      {
        "date": "2024-04-12",
        "close": 42.404575,
        "volume": 442265,
        "typical_volume": 400260.95,
        "trend": 36.941961,
        "fair_value": 32.549723,
        "relative_strength": 9.207851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.425787,
        "energy": 87.690322,
        "activity_lines": [
          42.286838,
          40.794358,
          39.302618,
          38.35155
        ]
      },
      {
        "date": "2024-04-19",
        "close": 40.748867,
        "volume": 427997,
        "typical_volume": 395773.5,
        "trend": 37.228951,
        "fair_value": 32.575178,
        "relative_strength": 5.947089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.002273,
        "energy": 76.057062,
        "activity_lines": [
          41.934846,
          40.992039,
          39.53871,
          38.597157
        ]
      },
      {
        "date": "2024-04-26",
        "close": 40.69368,
        "volume": 374019,
        "typical_volume": 393028.2,
        "trend": 37.456458,
        "fair_value": 32.597154,
        "relative_strength": 3.11972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.218575,
        "energy": 52.182511,
        "activity_lines": [
          41.46389,
          41.102421,
          39.745893,
          38.820688
        ]
      },
      {
        "date": "2024-05-03",
        "close": 39.921017,
        "volume": 465163,
        "typical_volume": 392490.75,
        "trend": 37.684578,
        "fair_value": 32.610908,
        "relative_strength": 1.87777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.115677,
        "energy": 32.202724,
        "activity_lines": [
          40.831042,
          41.026828,
          39.858814,
          38.979691
        ]
      },
      {
        "date": "2024-05-10",
        "close": 40.159626,
        "volume": 369385,
        "typical_volume": 386941.15,
        "trend": 37.918812,
        "fair_value": 32.637109,
        "relative_strength": -1.800528,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.236889,
        "energy": 22.603966,
        "activity_lines": [
          40.431036,
          40.959831,
          39.978604,
          39.139372
        ]
      },
      {
        "date": "2024-05-17",
        "close": 41.367432,
        "volume": 385519,
        "typical_volume": 400028.8,
        "trend": 38.232553,
        "fair_value": 32.673588,
        "relative_strength": 1.355411,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.752485,
        "energy": 23.666604,
        "activity_lines": [
          40.624996,
          41.056921,
          40.198358,
          39.361864
        ]
      },
      {
        "date": "2024-05-24",
        "close": 42.990429,
        "volume": 329326,
        "typical_volume": 400593.65,
        "trend": 38.529873,
        "fair_value": 32.716832,
        "relative_strength": 5.115783,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.080694,
        "energy": 39.403515,
        "activity_lines": [
          41.429098,
          41.384001,
          40.552217,
          39.668823
        ]
      },
      {
        "date": "2024-05-31",
        "close": 41.933594,
        "volume": 350851,
        "typical_volume": 396750.6,
        "trend": 38.726962,
        "fair_value": 32.758705,
        "relative_strength": 3.354754,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.701025,
        "energy": 40.096206,
        "activity_lines": [
          41.731483,
          41.450747,
          40.769433,
          39.888418
        ]
      },
      {
        "date": "2024-06-07",
        "close": 43.235764,
        "volume": 392081,
        "typical_volume": 397076.05,
        "trend": 38.976657,
        "fair_value": 32.799663,
        "relative_strength": 5.891615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.135461,
        "energy": 59.889589,
        "activity_lines": [
          42.385265,
          41.757797,
          41.089431,
          40.179309
        ]
      },
      {
        "date": "2024-06-14",
        "close": 40.98999,
        "volume": 428752,
        "typical_volume": 397992.3,
        "trend": 39.125736,
        "fair_value": 32.83262,
        "relative_strength": 3.189991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.403911,
        "energy": 45.291879,
        "activity_lines": [
          42.069472,
          41.638067,
          41.169073,
          40.309201
        ]
      },
      {
        "date": "2024-06-21",
        "close": 40.480453,
        "volume": 891030,
        "typical_volume": 426119.3,
        "trend": 39.263963,
        "fair_value": 32.863854,
        "relative_strength": 0.787083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.403812,
        "energy": 30.566576,
        "activity_lines": [
          41.528476,
          41.462786,
          41.187388,
          40.396602
        ]
      },
      {
        "date": "2024-06-28",
        "close": 40.272858,
        "volume": 389362,
        "typical_volume": 427721.0,
        "trend": 39.413667,
        "fair_value": 32.895632,
        "relative_strength": -0.251324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.400313,
        "energy": 15.222458,
        "activity_lines": [
          40.977413,
          41.284745,
          41.169865,
          40.461692
        ]
      },
      {
        "date": "2024-07-05",
        "close": 39.461361,
        "volume": 338072,
        "typical_volume": 429362.55,
        "trend": 39.517311,
        "fair_value": 32.922209,
        "relative_strength": -3.565042,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.516394,
        "energy": 14.992588,
        "activity_lines": [
          40.337023,
          40.967813,
          41.057086,
          40.464769
        ]
      },
      {
        "date": "2024-07-12",
        "close": 39.876545,
        "volume": 255389,
        "typical_volume": 427777.15,
        "trend": 39.626823,
        "fair_value": 32.956299,
        "relative_strength": -3.981356,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.257839,
        "energy": 19.49205,
        "activity_lines": [
          39.999843,
          40.748775,
          40.977803,
          40.487946
        ]
      },
      {
        "date": "2024-07-19",
        "close": 38.159195,
        "volume": 379892,
        "typical_volume": 426587.5,
        "trend": 39.665598,
        "fair_value": 32.974638,
        "relative_strength": -5.152791,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.190765,
        "energy": 46.528925,
        "activity_lines": [
          39.31416,
          40.218301,
          40.726064,
          40.39326
        ]
      },
      {
        "date": "2024-07-26",
        "close": 35.441628,
        "volume": 388250,
        "typical_volume": 427738.15,
        "trend": 39.611336,
        "fair_value": 32.970154,
        "relative_strength": -12.95374,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.164404,
        "energy": 66.969384,
        "activity_lines": [
          37.911342,
          39.230095,
          40.210495,
          40.120746
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.064617,
        "volume": 559576,
        "typical_volume": 414819.2,
        "trend": 39.665749,
        "fair_value": 32.967473,
        "relative_strength": -5.017495,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.065068,
        "energy": 66.987331,
        "activity_lines": [
          37.385442,
          38.644719,
          39.860665,
          39.956441
        ]
      },
      {
        "date": "2024-08-09",
        "close": 36.385223,
        "volume": 380615,
        "typical_volume": 412795.9,
        "trend": 39.629449,
        "fair_value": 32.958342,
        "relative_strength": -7.018797,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.574689,
        "energy": 69.814053,
        "activity_lines": [
          36.84696,
          38.04356,
          39.456491,
          39.744794
        ]
      },
      {
        "date": "2024-08-16",
        "close": 37.140106,
        "volume": 249873,
        "typical_volume": 406735.15,
        "trend": 39.611565,
        "fair_value": 32.961768,
        "relative_strength": -8.036322,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.010028,
        "energy": 72.612427,
        "activity_lines": [
          36.765182,
          37.680531,
          39.151561,
          39.584192
        ]
      },
      {
        "date": "2024-08-23",
        "close": 36.290863,
        "volume": 235563,
        "typical_volume": 401649.0,
        "trend": 39.544524,
        "fair_value": 32.959199,
        "relative_strength": -11.440162,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.298338,
        "energy": 62.505535,
        "activity_lines": [
          36.582751,
          37.273925,
          38.789943,
          39.369953
        ]
      },
      {
        "date": "2024-08-30",
        "close": 35.913425,
        "volume": 338680,
        "typical_volume": 396469.75,
        "trend": 39.504762,
        "fair_value": 32.949359,
        "relative_strength": -13.387269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.753893,
        "energy": 58.666625,
        "activity_lines": [
          36.399064,
          36.884132,
          38.42447,
          39.135688
        ]
      },
      {
        "date": "2024-09-06",
        "close": 36.441841,
        "volume": 314088,
        "typical_volume": 390774.3,
        "trend": 39.502849,
        "fair_value": 32.944781,
        "relative_strength": -9.092592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.681263,
        "energy": 47.939197,
        "activity_lines": [
          36.360062,
          36.673452,
          38.140233,
          38.938081
        ]
      },
      {
        "date": "2024-09-13",
        "close": 36.724922,
        "volume": 341603,
        "typical_volume": 389153.5,
        "trend": 39.453956,
        "fair_value": 32.952934,
        "relative_strength": -10.204962,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.888028,
        "energy": 46.206922,
        "activity_lines": [
          36.456939,
          36.583896,
          37.903465,
          38.75886
        ]
      },
      {
        "date": "2024-09-20",
        "close": 36.951385,
        "volume": 501748,
        "typical_volume": 390982.75,
        "trend": 39.418744,
        "fair_value": 32.960885,
        "relative_strength": -9.677679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.184468,
        "energy": 36.850768,
        "activity_lines": [
          36.606657,
          36.585268,
          37.707164,
          38.597403
        ]
      },
      {
        "date": "2024-09-27",
        "close": 41.10323,
        "volume": 430586,
        "typical_volume": 394042.8,
        "trend": 39.551975,
        "fair_value": 33.0078,
        "relative_strength": -3.340334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.05489,
        "energy": 13.714941,
        "activity_lines": [
          38.152904,
          37.394706,
          37.920418,
          38.70608
        ]
      },
      {
        "date": "2024-10-04",
        "close": 39.650082,
        "volume": 366736,
        "typical_volume": 393103.65,
        "trend": 39.614078,
        "fair_value": 33.051906,
        "relative_strength": -4.955438,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.052411,
        "energy": 19.783703,
        "activity_lines": [
          38.893945,
          37.886408,
          37.990784,
          38.712409
        ]
      },
      {
        "date": "2024-10-11",
        "close": 40.008652,
        "volume": 215747,
        "typical_volume": 387424.7,
        "trend": 39.639689,
        "fair_value": 33.075815,
        "relative_strength": -5.250438,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.714725,
        "energy": 22.940779,
        "activity_lines": [
          39.505398,
          38.366786,
          38.103477,
          38.737866
        ]
      },
      {
        "date": "2024-10-18",
        "close": 40.839016,
        "volume": 224189,
        "typical_volume": 381091.6,
        "trend": 39.596702,
        "fair_value": 33.102181,
        "relative_strength": -4.610124,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.096147,
        "energy": 37.472954,
        "activity_lines": [
          40.155852,
          38.944612,
          38.309451,
          38.815242
        ]
      },
      {
        "date": "2024-10-25",
        "close": 39.102795,
        "volume": 228166,
        "typical_volume": 372895.85,
        "trend": 39.492775,
        "fair_value": 33.124364,
        "relative_strength": -7.502418,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.51423,
        "energy": 37.210002,
        "activity_lines": [
          39.953293,
          39.125784,
          38.355283,
          38.783377
        ]
      },
      {
        "date": "2024-11-01",
        "close": 41.499538,
        "volume": 398808,
        "typical_volume": 371398.65,
        "trend": 39.441757,
        "fair_value": 33.163785,
        "relative_strength": -0.579005,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.614433,
        "energy": 52.318718,
        "activity_lines": [
          40.40622,
          39.707041,
          38.649057,
          38.912845
        ]
      },
      {
        "date": "2024-11-08",
        "close": 41.952469,
        "volume": 379903,
        "typical_volume": 345842.3,
        "trend": 39.426687,
        "fair_value": 33.197067,
        "relative_strength": 0.85854,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.922245,
        "energy": 53.391358,
        "activity_lines": [
          40.983704,
          40.275947,
          38.983541,
          39.074827
        ]
      },
      {
        "date": "2024-11-15",
        "close": 42.084568,
        "volume": 273975,
        "typical_volume": 340072.95,
        "trend": 39.47121,
        "fair_value": 33.231969,
        "relative_strength": 1.293647,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.964906,
        "energy": 54.882548,
        "activity_lines": [
          41.451729,
          40.75907,
          39.323596,
          39.246303
        ]
      },
      {
        "date": "2024-11-22",
        "close": 41.537285,
        "volume": 293647,
        "typical_volume": 337851.7,
        "trend": 39.49933,
        "fair_value": 33.278248,
        "relative_strength": -0.498448,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.932431,
        "energy": 53.567768,
        "activity_lines": [
          41.598932,
          41.040091,
          39.602902,
          39.379598
        ]
      },
      {
        "date": "2024-11-29",
        "close": 40.084137,
        "volume": 445240,
        "typical_volume": 347344.25,
        "trend": 39.504768,
        "fair_value": 33.315984,
        "relative_strength": -5.348255,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.165636,
        "energy": 32.059978,
        "activity_lines": [
          41.2152,
          40.969407,
          39.733928,
          39.417327
        ]
      },
      {
        "date": "2024-12-06",
        "close": 40.971119,
        "volume": 484721,
        "typical_volume": 352585.7,
        "trend": 39.531817,
        "fair_value": 33.358965,
        "relative_strength": -6.719733,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.915375,
        "energy": 24.951412,
        "activity_lines": [
          41.061707,
          41.003033,
          39.948439,
          39.511931
        ]
      },
      {
        "date": "2024-12-13",
        "close": 39.857677,
        "volume": 361704,
        "typical_volume": 351258.4,
        "trend": 39.481492,
        "fair_value": 33.398667,
        "relative_strength": -9.162133,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 37.582795,
        "energy": 19.781361,
        "activity_lines": [
          40.572294,
          40.836616,
          40.043519,
          39.532954
        ]
      },
      {
        "date": "2024-12-20",
        "close": 39.329258,
        "volume": 583366,
        "typical_volume": 352447.9,
        "trend": 39.359453,
        "fair_value": 33.437078,
        "relative_strength": -7.822087,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 26.590151,
        "energy": 19.400435,
        "activity_lines": [
          40.046394,
          40.57035,
          40.067243,
          39.523132
        ]
      },
      {
        "date": "2024-12-27",
        "close": 39.499107,
        "volume": 131213,
        "typical_volume": 339977.8,
        "trend": 39.278304,
        "fair_value": 33.470181,
        "relative_strength": -7.689689,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.067422,
        "energy": 19.139792,
        "activity_lines": [
          39.760798,
          40.347317,
          40.09636,
          39.532142
        ]
      },
      {
        "date": "2025-01-03",
        "close": 39.234898,
        "volume": 120762,
        "typical_volume": 333522.25,
        "trend": 39.144941,
        "fair_value": 33.498504,
        "relative_strength": -7.810787,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.838225,
        "energy": 18.197353,
        "activity_lines": [
          39.523011,
          40.100608,
          40.085486,
          39.529342
        ]
      },
      {
        "date": "2025-01-10",
        "close": 37.838367,
        "volume": 391780,
        "typical_volume": 341333.1,
        "trend": 39.039887,
        "fair_value": 33.529894,
        "relative_strength": -12.156366,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.884517,
        "energy": 28.709637,
        "activity_lines": [
          38.876329,
          39.597583,
          39.931634,
          39.445047
        ]
      },
      {
        "date": "2025-01-17",
        "close": 38.14032,
        "volume": 400774,
        "typical_volume": 344437.8,
        "trend": 38.961883,
        "fair_value": 33.560903,
        "relative_strength": -14.022086,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.613464,
        "energy": 37.208315,
        "activity_lines": [
          38.539149,
          39.216025,
          39.799171,
          39.38701
        ]
      },
      {
        "date": "2025-01-24",
        "close": 39.121666,
        "volume": 345858,
        "typical_volume": 346026.3,
        "trend": 38.92351,
        "fair_value": 33.602063,
        "relative_strength": -13.499234,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.434376,
        "energy": 32.347482,
        "activity_lines": [
          38.643574,
          39.082206,
          39.749564,
          39.397319
        ]
      },
      {
        "date": "2025-01-31",
        "close": 41.461792,
        "volume": 553042,
        "typical_volume": 356598.25,
        "trend": 38.990191,
        "fair_value": 33.659326,
        "relative_strength": -9.512221,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 37.35921,
        "energy": 19.018232,
        "activity_lines": [
          39.541881,
          39.427735,
          39.910066,
          39.561079
        ]
      },
      {
        "date": "2025-02-07",
        "close": 41.386307,
        "volume": 518151,
        "typical_volume": 357418.4,
        "trend": 39.040516,
        "fair_value": 33.717429,
        "relative_strength": -9.693288,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 45.149067,
        "energy": 26.814272,
        "activity_lines": [
          40.284181,
          39.760912,
          40.040822,
          39.715667
        ]
      },
      {
        "date": "2025-02-14",
        "close": 45.104092,
        "volume": 637583,
        "typical_volume": 367768.25,
        "trend": 39.272013,
        "fair_value": 33.798922,
        "relative_strength": -4.557812,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 80.745128,
        "energy": 67.59055,
        "activity_lines": [
          42.122314,
          40.746373,
          40.504534,
          40.106866
        ]
      },
      {
        "date": "2025-02-21",
        "close": 44.04726,
        "volume": 699286,
        "typical_volume": 384395.75,
        "trend": 39.558867,
        "fair_value": 33.880919,
        "relative_strength": -5.67189,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.52408,
        "energy": 77.653077,
        "activity_lines": [
          43.123789,
          41.464539,
          40.848544,
          40.414946
        ]
      },
      {
        "date": "2025-02-28",
        "close": 44.311466,
        "volume": 746403,
        "typical_volume": 410928.55,
        "trend": 39.800429,
        "fair_value": 33.982472,
        "relative_strength": -6.106668,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.871254,
        "energy": 81.761502,
        "activity_lines": [
          43.819537,
          42.154568,
          41.196777,
          40.721565
        ]
      },
      {
        "date": "2025-03-07",
        "close": 46.651596,
        "volume": 1043591,
        "typical_volume": 451898.65,
        "trend": 40.142641,
        "fair_value": 34.103437,
        "relative_strength": -3.030245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.832524,
        "energy": 88.138637,
        "activity_lines": [
          44.949341,
          43.17949,
          41.747391,
          41.163576
        ]
      },
      {
        "date": "2025-03-14",
        "close": 46.670467,
        "volume": 840340,
        "typical_volume": 482507.35,
        "trend": 40.46032,
        "fair_value": 34.215812,
        "relative_strength": -2.756893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.696853,
        "energy": 85.027394,
        "activity_lines": [
          45.739449,
          44.077797,
          42.272122,
          41.584726
        ]
      },
      {
        "date": "2025-03-21",
        "close": 43.367867,
        "volume": 1170815,
        "typical_volume": 521107.7,
        "trend": 40.69622,
        "fair_value": 34.310104,
        "relative_strength": -8.910695,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.457177,
        "energy": 51.883147,
        "activity_lines": [
          45.076412,
          44.24044,
          42.446284,
          41.77231
        ]
      },
      {
        "date": "2025-03-28",
        "close": 42.424267,
        "volume": 853266,
        "typical_volume": 544775.85,
        "trend": 40.913248,
        "fair_value": 34.401546,
        "relative_strength": -8.853762,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.282692,
        "energy": 39.552299,
        "activity_lines": [
          44.214591,
          44.130982,
          42.521682,
          41.883797
        ]
      },
      {
        "date": "2025-04-04",
        "close": 38.064835,
        "volume": 701186,
        "typical_volume": 566136.4,
        "trend": 40.967348,
        "fair_value": 34.476068,
        "relative_strength": -10.575508,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 8.938737,
        "energy": 12.00709,
        "activity_lines": [
          42.007825,
          43.151011,
          42.179649,
          41.700028
        ]
      },
      {
        "date": "2025-04-11",
        "close": 38.442276,
        "volume": 879882,
        "typical_volume": 595448.15,
        "trend": 41.024593,
        "fair_value": 34.553562,
        "relative_strength": -8.092717,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -12.946107,
        "energy": 24.26265,
        "activity_lines": [
          40.343315,
          42.25888,
          41.892705,
          41.53712
        ]
      },
      {
        "date": "2025-04-18",
        "close": 39.17828,
        "volume": 369438,
        "typical_volume": 591658.05,
        "trend": 41.098823,
        "fair_value": 34.631032,
        "relative_strength": -9.626191,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.211813,
        "energy": 29.207385,
        "activity_lines": [
          39.471427,
          41.555468,
          41.690595,
          41.418003
        ]
      },
      {
        "date": "2025-04-25",
        "close": 41.065483,
        "volume": 375690,
        "typical_volume": 586206.5,
        "trend": 41.097565,
        "fair_value": 34.728429,
        "relative_strength": -9.351232,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.053725,
        "energy": 27.079226,
        "activity_lines": [
          39.728087,
          41.235331,
          41.672532,
          41.415852
        ]
      },
      {
        "date": "2025-05-02",
        "close": 42.480885,
        "volume": 376681,
        "typical_volume": 586955.35,
        "trend": 41.191925,
        "fair_value": 34.838644,
        "relative_strength": -9.332579,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -5.502898,
        "energy": 13.279243,
        "activity_lines": [
          40.610039,
          41.245968,
          41.78882,
          41.505099
        ]
      },
      {
        "date": "2025-05-09",
        "close": 42.893539,
        "volume": 503755,
        "typical_volume": 582974.8,
        "trend": 41.288088,
        "fair_value": 34.952076,
        "relative_strength": -9.791171,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.464461,
        "energy": 13.614871,
        "activity_lines": [
          41.625768,
          41.360113,
          41.931916,
          41.61488
        ]
      },
      {
        "date": "2025-05-16",
        "close": 43.64946,
        "volume": 361564,
        "typical_volume": 594492.35,
        "trend": 41.381769,
        "fair_value": 35.07607,
        "relative_strength": -8.912202,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.571209,
        "energy": 26.170494,
        "activity_lines": [
          42.571557,
          41.637478,
          42.130033,
          41.767227
        ]
      },
      {
        "date": "2025-05-23",
        "close": 42.312065,
        "volume": 388423,
        "typical_volume": 607875.4,
        "trend": 41.488745,
        "fair_value": 35.185546,
        "relative_strength": -10.754592,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 35.688607,
        "energy": 25.187682,
        "activity_lines": [
          42.724402,
          41.726266,
          42.181014,
          41.827246
        ]
      },
      {
        "date": "2025-05-30",
        "close": 43.067982,
        "volume": 375158,
        "typical_volume": 607044.3,
        "trend": 41.541026,
        "fair_value": 35.296781,
        "relative_strength": -10.146139,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.885689,
        "energy": 25.796146,
        "activity_lines": [
          42.920301,
          42.031736,
          42.289335,
          41.929132
        ]
      },
      {
        "date": "2025-06-06",
        "close": 47.196461,
        "volume": 593089,
        "typical_volume": 616660.05,
        "trend": 41.715826,
        "fair_value": 35.447741,
        "relative_strength": -2.411951,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 73.443939,
        "energy": 59.549191,
        "activity_lines": [
          44.358859,
          43.093291,
          42.765941,
          42.293999
        ]
      },
      {
        "date": "2025-06-13",
        "close": 45.161293,
        "volume": 431626,
        "typical_volume": 620948.45,
        "trend": 41.818384,
        "fair_value": 35.595143,
        "relative_strength": -3.156413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.647999,
        "energy": 53.119332,
        "activity_lines": [
          44.804656,
          43.698049,
          43.005598,
          42.516287
        ]
      },
      {
        "date": "2025-06-20",
        "close": 44.734879,
        "volume": 1176962,
        "typical_volume": 652144.45,
        "trend": 41.92497,
        "fair_value": 35.73604,
        "relative_strength": -3.096143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.706008,
        "energy": 56.006878,
        "activity_lines": [
          44.957132,
          44.09625,
          43.175883,
          42.704448
        ]
      },
      {
        "date": "2025-06-27",
        "close": 46.188568,
        "volume": 471241,
        "typical_volume": 649798.95,
        "trend": 42.128451,
        "fair_value": 35.879625,
        "relative_strength": -2.517424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.577246,
        "energy": 64.110256,
        "activity_lines": [
          45.521809,
          44.644347,
          43.469029,
          42.979519
        ]
      },
      {
        "date": "2025-07-04",
        "close": 46.556839,
        "volume": 338262,
        "typical_volume": 634832.9,
        "trend": 42.314642,
        "fair_value": 36.019741,
        "relative_strength": -0.551627,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.730223,
        "energy": 59.91833,
        "activity_lines": [
          45.95081,
          45.131943,
          43.77438,
          43.265221
        ]
      },
      {
        "date": "2025-07-11",
        "close": 46.518074,
        "volume": 435313,
        "typical_volume": 621634.25,
        "trend": 42.536655,
        "fair_value": 36.15755,
        "relative_strength": -2.351576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.267716,
        "energy": 62.460266,
        "activity_lines": [
          46.134299,
          45.512648,
          44.069121,
          43.536411
        ]
      },
      {
        "date": "2025-07-18",
        "close": 41.013435,
        "volume": 1151373,
        "typical_volume": 641882.75,
        "trend": 42.592794,
        "fair_value": 36.255501,
        "relative_strength": -13.680167,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.217258,
        "energy": 16.369598,
        "activity_lines": [
          44.528134,
          44.819106,
          43.827846,
          43.438138
        ]
      },
      {
        "date": "2025-07-25",
        "close": 41.071583,
        "volume": 362760,
        "typical_volume": 607841.2,
        "trend": 42.64521,
        "fair_value": 36.351652,
        "relative_strength": -13.105644,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 9.729449,
        "energy": 12.820424,
        "activity_lines": [
          43.217875,
          44.17032,
          43.607813,
          43.339996
        ]
      },
      {
        "date": "2025-08-01",
        "close": 38.900738,
        "volume": 638311,
        "typical_volume": 597739.75,
        "trend": 42.634071,
        "fair_value": 36.439146,
        "relative_strength": -14.548777,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -32.778055,
        "energy": 34.132912,
        "activity_lines": [
          41.428221,
          43.173705,
          43.207604,
          43.098417
        ]
      },
      {
        "date": "2025-08-08",
        "close": 39.637276,
        "volume": 392885,
        "typical_volume": 558843.25,
        "trend": 42.694035,
        "fair_value": 36.52839,
        "relative_strength": -15.240121,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.44945,
        "energy": 39.645723,
        "activity_lines": [
          40.369935,
          42.373031,
          42.914541,
          42.905075
        ]
      },
      {
        "date": "2025-08-15",
        "close": 39.928013,
        "volume": 338404,
        "typical_volume": 533100.15,
        "trend": 42.753625,
        "fair_value": 36.621326,
        "relative_strength": -14.979253,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.591602,
        "energy": 66.456586,
        "activity_lines": [
          39.869866,
          41.687594,
          42.666932,
          42.726622
        ]
      },
      {
        "date": "2025-08-22",
        "close": 41.304173,
        "volume": 295410,
        "typical_volume": 512811.35,
        "trend": 42.826375,
        "fair_value": 36.729257,
        "relative_strength": -11.840739,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.240739,
        "energy": 61.818177,
        "activity_lines": [
          40.267854,
          41.384522,
          42.562272,
          42.633109
        ]
      },
      {
        "date": "2025-08-29",
        "close": 39.753571,
        "volume": 329440,
        "typical_volume": 485289.25,
        "trend": 42.769434,
        "fair_value": 36.823818,
        "relative_strength": -13.309412,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.858738,
        "energy": 49.345357,
        "activity_lines": [
          40.129592,
          40.869652,
          42.294511,
          42.434864
        ]
      },
      {
        "date": "2025-09-05",
        "close": 38.532471,
        "volume": 269445,
        "typical_volume": 480289.6,
        "trend": 42.674306,
        "fair_value": 36.910781,
        "relative_strength": -14.578638,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.24355,
        "energy": 47.180739,
        "activity_lines": [
          39.672164,
          40.223333,
          41.90421,
          42.161511
        ]
      },
      {
        "date": "2025-09-12",
        "close": 38.823212,
        "volume": 316356,
        "typical_volume": 477322.9,
        "trend": 42.464944,
        "fair_value": 37.007838,
        "relative_strength": -14.019792,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.840931,
        "energy": 49.266742,
        "activity_lines": [
          39.336201,
          39.769077,
          41.544674,
          41.913054
        ]
      },
      {
        "date": "2025-09-19",
        "close": 37.660255,
        "volume": 760750,
        "typical_volume": 496526.35,
        "trend": 42.252044,
        "fair_value": 37.101784,
        "relative_strength": -16.065519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.295056,
        "energy": 68.55305,
        "activity_lines": [
          38.666857,
          39.243986,
          41.085058,
          41.603074
        ]
      },
      {
        "date": "2025-09-26",
        "close": 37.505196,
        "volume": 613072,
        "typical_volume": 501992.2,
        "trend": 42.025168,
        "fair_value": 37.193593,
        "relative_strength": -16.313319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.665125,
        "energy": 73.65109,
        "activity_lines": [
          38.09701,
          38.851754,
          40.633629,
          41.296825
        ]
      },
      {
        "date": "2025-10-03",
        "close": 37.330753,
        "volume": 831232,
        "typical_volume": 525475.6,
        "trend": 41.714473,
        "fair_value": 37.276396,
        "relative_strength": -18.436388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.116191,
        "energy": 73.450605,
        "activity_lines": [
          37.722281,
          38.491591,
          40.191246,
          40.99396
        ]
      },
      {
        "date": "2025-10-10",
        "close": 36.807426,
        "volume": 471396,
        "typical_volume": 529624.25,
        "trend": 41.385705,
        "fair_value": 37.349214,
        "relative_strength": -18.668708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.059111,
        "energy": 74.33756,
        "activity_lines": [
          37.33463,
          38.104293,
          39.729111,
          40.677376
        ]
      },
      {
        "date": "2025-10-17",
        "close": 38.629383,
        "volume": 466346,
        "typical_volume": 534183.65,
        "trend": 41.227756,
        "fair_value": 37.43554,
        "relative_strength": -12.762332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.412448,
        "energy": 70.934755,
        "activity_lines": [
          37.669302,
          38.08632,
          39.466709,
          40.499549
        ]
      },
      {
        "date": "2025-10-24",
        "close": 38.745678,
        "volume": 556978,
        "typical_volume": 532378.1,
        "trend": 41.105136,
        "fair_value": 37.519069,
        "relative_strength": -13.608612,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.033261,
        "energy": 46.855539,
        "activity_lines": [
          38.05566,
          38.107817,
          39.236518,
          40.339415
        ]
      },
      {
        "date": "2025-10-31",
        "close": 37.582726,
        "volume": 787931,
        "typical_volume": 550193.35,
        "trend": 41.089066,
        "fair_value": 37.58051,
        "relative_strength": -14.696654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.656255,
        "energy": 39.918819,
        "activity_lines": [
          37.982006,
          37.939365,
          38.935812,
          40.112163
        ]
      },
      {
        "date": "2025-11-07",
        "close": 37.640873,
        "volume": 753630,
        "typical_volume": 529026.75,
        "trend": 41.062352,
        "fair_value": 37.624948,
        "relative_strength": -12.621315,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.851213,
        "energy": 33.379632,
        "activity_lines": [
          37.922566,
          37.849148,
          38.676732,
          39.889699
        ]
      },
      {
        "date": "2025-11-14",
        "close": 37.77655,
        "volume": 370102,
        "typical_volume": 523969.8,
        "trend": 41.015628,
        "fair_value": 37.673113,
        "relative_strength": -12.874553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.139695,
        "energy": 34.333737,
        "activity_lines": [
          37.887677,
          37.822012,
          38.464355,
          39.677711
        ]
      },
      {
        "date": "2025-11-21",
        "close": 37.311371,
        "volume": 435314,
        "typical_volume": 528822.4,
        "trend": 40.890491,
        "fair_value": 37.716353,
        "relative_strength": -10.517347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.718949,
        "energy": 42.811581,
        "activity_lines": [
          37.63312,
          37.724042,
          38.247732,
          39.438727
        ]
      },
      {
        "date": "2025-11-28",
        "close": 38.106056,
        "volume": 521263,
        "typical_volume": 533119.9,
        "trend": 40.744663,
        "fair_value": 37.767546,
        "relative_strength": -11.047078,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.675129,
        "energy": 36.66828,
        "activity_lines": [
          37.731326,
          37.798049,
          38.150819,
          39.259086
        ]
      },
      {
        "date": "2025-12-05",
        "close": 37.059399,
        "volume": 469769,
        "typical_volume": 499039.7,
        "trend": 40.550192,
        "fair_value": 37.812257,
        "relative_strength": -13.747728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.685738,
        "energy": 39.516949,
        "activity_lines": [
          37.523287,
          37.673648,
          37.994282,
          39.021327
        ]
      },
      {
        "date": "2025-12-12",
        "close": 37.330753,
        "volume": 338007,
        "typical_volume": 497802.05,
        "trend": 40.339568,
        "fair_value": 37.861909,
        "relative_strength": -13.302931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.322475,
        "energy": 35.807763,
        "activity_lines": [
          37.440588,
          37.60669,
          37.882417,
          38.813621
        ]
      },
      {
        "date": "2025-12-19",
        "close": 36.63298,
        "volume": 1017369,
        "typical_volume": 516754.95,
        "trend": 40.150266,
        "fair_value": 37.904802,
        "relative_strength": -14.848454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.944463,
        "energy": 37.952095,
        "activity_lines": [
          37.145973,
          37.412864,
          37.721911,
          38.574487
        ]
      },
      {
        "date": "2025-12-26",
        "close": 36.594215,
        "volume": 122793,
        "typical_volume": 503250.35,
        "trend": 39.934473,
        "fair_value": 37.952247,
        "relative_strength": -14.680903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.564095,
        "energy": 41.285436,
        "activity_lines": [
          36.914674,
          37.215162,
          37.568512,
          38.345064
        ]
      },
      {
        "date": "2026-01-02",
        "close": 37.078777,
        "volume": 138673,
        "typical_volume": 493263.8,
        "trend": 39.597217,
        "fair_value": 37.995025,
        "relative_strength": -13.820552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.613487,
        "energy": 37.186966,
        "activity_lines": [
          36.892706,
          37.142565,
          37.475753,
          38.160826
        ]
      },
      {
        "date": "2026-01-09",
        "close": 36.962486,
        "volume": 340044,
        "typical_volume": 495495.5,
        "trend": 39.323924,
        "fair_value": 38.028713,
        "relative_strength": -16.171505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.533875,
        "energy": 35.276637,
        "activity_lines": [
          36.90046,
          37.079132,
          37.385485,
          37.990843
        ]
      },
      {
        "date": "2026-01-16",
        "close": 38.358028,
        "volume": 549598,
        "typical_volume": 506503.4,
        "trend": 39.111362,
        "fair_value": 38.060372,
        "relative_strength": -12.832468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.065156,
        "energy": 17.379026,
        "activity_lines": [
          37.379855,
          37.28071,
          37.448802,
          37.928527
        ]
      },
      {
        "date": "2026-01-23",
        "close": 38.106056,
        "volume": 550663,
        "typical_volume": 520564.3,
        "trend": 38.841945,
        "fair_value": 38.097389,
        "relative_strength": -11.735468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.839407,
        "energy": 12.580813,
        "activity_lines": [
          37.706775,
          37.423437,
          37.494766,
          37.863669
        ]
      },
      {
        "date": "2026-01-30",
        "close": 35.431267,
        "volume": 521695,
        "typical_volume": 530831.25,
        "trend": 38.471092,
        "fair_value": 38.114174,
        "relative_strength": -16.289886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.2151,
        "energy": 28.079466,
        "activity_lines": [
          37.043893,
          37.073847,
          37.288019,
          37.643625
        ]
      },
      {
        "date": "2026-02-06",
        "close": 36.846191,
        "volume": 575605,
        "typical_volume": 521574.0,
        "trend": 38.148696,
        "fair_value": 38.144029,
        "relative_strength": -13.194192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.31763,
        "energy": 21.616553,
        "activity_lines": [
          36.930182,
          37.015699,
          37.232179,
          37.538793
        ]
      },
      {
        "date": "2026-02-13",
        "close": 36.303478,
        "volume": 522364,
        "typical_volume": 517038.6,
        "trend": 37.991698,
        "fair_value": 38.161604,
        "relative_strength": -14.614256,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.991752,
        "energy": 34.403177,
        "activity_lines": [
          36.651073,
          36.881783,
          37.128529,
          37.419746
        ]
      },
      {
        "date": "2026-02-20",
        "close": 35.818916,
        "volume": 482654,
        "typical_volume": 499609.7,
        "trend": 37.816609,
        "fair_value": 38.182474,
        "relative_strength": -16.381102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.798968,
        "energy": 53.810672,
        "activity_lines": [
          36.254377,
          36.673509,
          36.984452,
          37.279567
        ]
      },
      {
        "date": "2026-02-27",
        "close": 35.625088,
        "volume": 661125,
        "typical_volume": 509096.15,
        "trend": 37.707421,
        "fair_value": 38.185983,
        "relative_strength": -16.383964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.030389,
        "energy": 52.655045,
        "activity_lines": [
          35.962346,
          36.457482,
          36.829115,
          37.138178
        ]
      },
      {
        "date": "2026-03-06",
        "close": 34.365227,
        "volume": 604520,
        "typical_volume": 516004.85,
        "trend": 37.531686,
        "fair_value": 38.189533,
        "relative_strength": -12.984878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.811312,
        "energy": 67.390411,
        "activity_lines": [
          35.415759,
          36.030714,
          36.559421,
          36.922553
        ]
      },
      {
        "date": "2026-03-13",
        "close": 32.872768,
        "volume": 855372,
        "typical_volume": 530924.55,
        "trend": 37.296511,
        "fair_value": 38.18443,
        "relative_strength": -15.64476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.027311,
        "energy": 80.601705,
        "activity_lines": [
          34.442755,
          35.373117,
          36.167893,
          36.621978
        ]
      },
      {
        "date": "2026-03-20",
        "close": 31.63229,
        "volume": 1317102,
        "typical_volume": 557383.1,
        "trend": 36.974115,
        "fair_value": 38.170346,
        "relative_strength": -14.481606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.053759,
        "energy": 88.459928,
        "activity_lines": [
          33.321153,
          34.566452,
          35.686191,
          36.256544
        ]
      },
      {
        "date": "2026-03-27",
        "close": 34.268314,
        "volume": 786754,
        "typical_volume": 559039.3,
        "trend": 36.791273,
        "fair_value": 38.175446,
        "relative_strength": -6.642569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.706745,
        "energy": 74.093714,
        "activity_lines": [
          33.389638,
          34.335976,
          35.483875,
          36.081976
        ]
      },
      {
        "date": "2026-04-03",
        "close": 35.334351,
        "volume": 662746,
        "typical_volume": 573671.5,
        "trend": 36.684669,
        "fair_value": 38.188409,
        "relative_strength": -6.99548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.056668,
        "energy": 50.705155,
        "activity_lines": [
          33.916843,
          34.373683,
          35.399145,
          35.987981
        ]
      },
      {
        "date": "2026-04-10",
        "close": 37.117546,
        "volume": 577046,
        "typical_volume": 580758.1,
        "trend": 36.627813,
        "fair_value": 38.212916,
        "relative_strength": -4.545039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.362918,
        "energy": 19.028535,
        "activity_lines": [
          35.057828,
          34.786003,
          35.495873,
          36.015909
        ]
      },
      {
        "date": "2026-04-17",
        "close": 37.447048,
        "volume": 626433,
        "typical_volume": 586016.6,
        "trend": 36.620706,
        "fair_value": 38.234049,
        "relative_strength": -6.836003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.20637,
        "energy": 18.353339,
        "activity_lines": [
          36.12516,
          35.227572,
          35.624906,
          36.068763
        ]
      },
      {
        "date": "2026-04-24",
        "close": 36.768658,
        "volume": 435364,
        "typical_volume": 584296.35,
        "trend": 36.596155,
        "fair_value": 38.265123,
        "relative_strength": -5.992226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 4.592761,
        "energy": 22.563765,
        "activity_lines": [
          36.661409,
          35.534873,
          35.692467,
          36.078308
        ]
      },
      {
        "date": "2026-05-01",
        "close": 38.939503,
        "volume": 748717,
        "typical_volume": 604831.85,
        "trend": 36.64978,
        "fair_value": 38.308243,
        "relative_strength": -0.832654,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.064744,
        "energy": 38.396012,
        "activity_lines": [
          37.578849,
          36.228415,
          35.968161,
          36.229492
        ]
      },
      {
        "date": "2026-05-08",
        "close": 37.459999,
        "volume": 671277,
        "typical_volume": 587527.25,
        "trend": 36.671532,
        "fair_value": 38.339167,
        "relative_strength": -4.45648,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.165557,
        "energy": 39.868669,
        "activity_lines": [
          37.691708,
          36.596219,
          36.095288,
          36.281764
        ]
      },
      {
        "date": "2026-05-15",
        "close": 36.84,
        "volume": 463549,
        "typical_volume": 604565.05,
        "trend": 36.611886,
        "fair_value": 38.364111,
        "relative_strength": -4.174083,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.246259,
        "energy": 34.509467,
        "activity_lines": [
          37.456191,
          36.817933,
          36.15943,
          36.292633
        ]
      },
      {
        "date": "2026-05-22",
        "close": 37.52,
        "volume": 462052,
        "typical_volume": 620734.0,
        "trend": 36.57103,
        "fair_value": 38.399783,
        "relative_strength": -5.763778,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.586551,
        "energy": 24.562093,
        "activity_lines": [
          37.465844,
          37.118288,
          36.287164,
          36.351221
        ]
      },
      {
        "date": "2026-05-29",
        "close": 39.299999,
        "volume": 543464,
        "typical_volume": 630905.0,
        "trend": 36.628273,
        "fair_value": 38.447926,
        "relative_strength": -1.872481,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.049346,
        "energy": 31.157183,
        "activity_lines": [
          38.063966,
          37.657784,
          36.58232,
          36.527283
        ]
      },
      {
        "date": "2026-06-05",
        "close": 38.52,
        "volume": 72166,
        "typical_volume": 607033.4,
        "trend": 36.657577,
        "fair_value": 38.493192,
        "relative_strength": -2.021323,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.723949,
        "energy": 28.934572,
        "activity_lines": [
          38.233333,
          37.916049,
          36.792059,
          36.64933
        ]
      },
      {
        "date": "2026-06-12",
        "close": 39.720001,
        "volume": 134368,
        "typical_volume": 586218.65,
        "trend": 36.722359,
        "fair_value": 38.543674,
        "relative_strength": 1.918791,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 70.167356,
        "energy": 61.288393,
        "activity_lines": [
          38.830667,
          38.315193,
          37.115313,
          36.846906
        ]
      },
      {
        "date": "2026-06-19",
        "close": 39.700001,
        "volume": 355860,
        "typical_volume": 577926.9,
        "trend": 36.80198,
        "fair_value": 38.59674,
        "relative_strength": 0.839115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.625173,
        "energy": 70.088265,
        "activity_lines": [
          39.270667,
          38.630961,
          37.428977,
          37.039012
        ]
      },
      {
        "date": "2026-06-26",
        "close": 38.799999,
        "volume": 90353,
        "typical_volume": 553664.3,
        "trend": 36.825111,
        "fair_value": 38.63189,
        "relative_strength": 0.236979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.273135,
        "energy": 65.511084,
        "activity_lines": [
          39.22,
          38.736139,
          37.636599,
          37.167916
        ]
      },
      {
        "date": "2026-07-03",
        "close": 39.220001,
        "volume": 59323,
        "typical_volume": 530512.25,
        "trend": 36.897131,
        "fair_value": 38.673743,
        "relative_strength": -2.5124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.152963,
        "energy": 65.034207,
        "activity_lines": [
          39.224,
          38.893082,
          37.874917,
          37.322425
        ]
      },
      {
        "date": "2026-07-10",
        "close": 39.200001,
        "volume": 358225,
        "typical_volume": 524290.8,
        "trend": 36.95944,
        "fair_value": 38.707094,
        "relative_strength": 0.645451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.217968,
        "energy": 54.536603,
        "activity_lines": [
          39.226667,
          39.001819,
          38.097442,
          37.470997
        ]
      },
      {
        "date": "2026-07-17",
        "close": 39.66,
        "volume": 302803,
        "typical_volume": 506374.7,
        "trend": 37.06034,
        "fair_value": 38.737261,
        "relative_strength": 2.911049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.195269,
        "energy": 43.176439,
        "activity_lines": [
          39.337334,
          39.189455,
          38.347677,
          37.645227
        ]
      },
      {
        "date": "2026-07-24",
        "close": 41.060001,
        "volume": 455654,
        "typical_volume": 498931.4,
        "trend": 37.2092,
        "fair_value": 38.779351,
        "relative_strength": 5.484544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.576743,
        "energy": 56.019858,
        "activity_lines": [
          39.918667,
          39.591637,
          38.71203,
          37.90327
        ]
      },
      {
        "date": "2026-07-31",
        "close": 40.16,
        "volume": 572221,
        "typical_volume": 484773.85,
        "trend": 37.311907,
        "fair_value": 38.81579,
        "relative_strength": 1.155321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.006018,
        "energy": 57.919028,
        "activity_lines": [
          40.109334,
          39.753455,
          38.95879,
          38.093644
        ]
      },
      {
        "date": "2026-08-07",
        "close": 40.880001,
        "volume": 519193,
        "typical_volume": 444878.4,
        "trend": 37.442491,
        "fair_value": 38.861443,
        "relative_strength": 0.377239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.525907,
        "energy": 65.694034,
        "activity_lines": [
          40.449334,
          39.998182,
          39.23942,
          38.323844
        ]
      }
    ],
    "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."
    }
  }
}