{
  "ticker": {
    "uuid": "79623c04-819e-4c44-b6ee-76e354d8eff7",
    "symbol": "KARURVYSYA",
    "name": "The Karur Vysya Bank Limited",
    "exchange": "NSI",
    "country": "IN",
    "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": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 72.148,
    "architecture_energy": 85.602,
    "architecture_maturity": 14.119,
    "architecture_confidence": 83.403,
    "architecture_tenure": "New",
    "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": 19.49,
        "rotation_up": 81.24,
        "upward_expansion": 95.85,
        "deceleration": 41.84,
        "rotation_down": 8.11,
        "downward_expansion": 20.18
      },
      "activity_lines": [
        332.157292,
        317.215976,
        305.325843,
        301.449195
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 335.549988,
    "trend_reference": 297.871828,
    "distance_from_trend": 0.126491,
    "trend_direction": "Improving",
    "fair_value": 200.054978,
    "distance_from_fair_value": 0.677289,
    "fair_value_direction": "Improving",
    "relative_strength": 24.201658,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.054857,
    "excess_performance": 0.098566,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.126491,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.062365,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.677289,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.010803,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.242017,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.029965,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.054857,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.10441,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 9234807,
      "relative_activity": 0.549958,
      "balance": 4.10441,
      "dry_up": 2.162635,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.048949,
      "annualized_volatility": 0.346093,
      "from_high_reference": -0.046191,
      "from_low_reference": 0.66262
    },
    "levels": {
      "trend_reference": 297.871828,
      "fair_value_reference": 200.054978,
      "structural_low": 255.550003,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 32,
        "median_return": -0.003115,
        "positive_rate": 0.46875,
        "directional_follow_through": 0.46875,
        "median_excess_return": -0.000344,
        "regime_survival": 0.75,
        "best_return": 0.206524,
        "worst_return": -0.12766,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.041136,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.0609,
        "regime_survival": 0.416667,
        "best_return": 0.561815,
        "worst_return": -0.214217,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.22024,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.161572,
        "regime_survival": 0.625,
        "best_return": 0.553224,
        "worst_return": 0.062562,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.489068,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.386807,
        "regime_survival": 0.25,
        "best_return": 0.993243,
        "worst_return": 0.255792,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-09-15",
        "end": "2024-03-15",
        "tenure": "Extended",
        "return": 0.351636,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-22",
        "end": "2024-04-05",
        "tenure": "New",
        "return": 0.06855,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-04-12",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": 0.107109,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-27",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.113254,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-13",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.063129,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.109038,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.001049,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.069269,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.036889,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.039448,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.058584,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.160561,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.1459,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.020149,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 95.40535,
        "volume": 5087970,
        "typical_volume": 18252647.1,
        "trend": 87.600394,
        "fair_value": 52.48362,
        "relative_strength": 8.534596,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.264775,
        "energy": 31.14828,
        "activity_lines": [
          98.75823,
          99.747536,
          95.460058,
          91.650623
        ]
      },
      {
        "date": "2023-08-25",
        "close": 98.54879,
        "volume": 14124351,
        "typical_volume": 18490350.4,
        "trend": 88.089602,
        "fair_value": 52.910921,
        "relative_strength": 11.457422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.650124,
        "energy": 26.350359,
        "activity_lines": [
          98.328905,
          99.449922,
          96.224632,
          92.356971
        ]
      },
      {
        "date": "2023-09-01",
        "close": 99.40609,
        "volume": 7949051,
        "typical_volume": 18369506.05,
        "trend": 88.567218,
        "fair_value": 53.360465,
        "relative_strength": 10.536053,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.454831,
        "energy": 24.312422,
        "activity_lines": [
          98.535179,
          99.38387,
          96.974187,
          93.087067
        ]
      },
      {
        "date": "2023-09-08",
        "close": 106.223663,
        "volume": 17732952,
        "typical_volume": 18555085.5,
        "trend": 89.322968,
        "fair_value": 53.860607,
        "relative_strength": 14.849094,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.410197,
        "energy": 38.166741,
        "activity_lines": [
          101.028153,
          100.506468,
          98.280895,
          94.226193
        ]
      },
      {
        "date": "2023-09-15",
        "close": 108.550621,
        "volume": 17610055,
        "typical_volume": 18974368.25,
        "trend": 90.264738,
        "fair_value": 54.380099,
        "relative_strength": 14.620179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.373986,
        "energy": 51.467407,
        "activity_lines": [
          103.891264,
          101.941553,
          99.663571,
          95.466686
        ]
      },
      {
        "date": "2023-09-22",
        "close": 110.67347,
        "volume": 14557612,
        "typical_volume": 19338654.55,
        "trend": 91.310744,
        "fair_value": 54.931179,
        "relative_strength": 19.100782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.450353,
        "energy": 73.391527,
        "activity_lines": [
          106.906786,
          103.672517,
          101.105659,
          96.783379
        ]
      },
      {
        "date": "2023-09-29",
        "close": 109.244629,
        "volume": 11480082,
        "typical_volume": 19299127.65,
        "trend": 92.215395,
        "fair_value": 55.469897,
        "relative_strength": 16.9533,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.711741,
        "energy": 73.501281,
        "activity_lines": [
          108.428154,
          104.942695,
          102.248274,
          97.940404
        ]
      },
      {
        "date": "2023-10-06",
        "close": 108.305687,
        "volume": 9127018,
        "typical_volume": 16504664.45,
        "trend": 93.112849,
        "fair_value": 56.004321,
        "relative_strength": 15.10978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.905374,
        "energy": 72.271417,
        "activity_lines": [
          108.923484,
          105.943096,
          103.149469,
          98.978487
        ]
      },
      {
        "date": "2023-10-13",
        "close": 109.979462,
        "volume": 6911425,
        "typical_volume": 16230496.85,
        "trend": 94.115637,
        "fair_value": 56.559572,
        "relative_strength": 15.549452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.265786,
        "energy": 62.136579,
        "activity_lines": [
          109.383434,
          107.089876,
          104.096017,
          100.066656
        ]
      },
      {
        "date": "2023-10-20",
        "close": 117.491051,
        "volume": 43361478,
        "typical_volume": 17398676.8,
        "trend": 95.423709,
        "fair_value": 57.15657,
        "relative_strength": 23.841136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.052239,
        "energy": 57.696058,
        "activity_lines": [
          112.096859,
          109.423515,
          105.633827,
          101.574747
        ]
      },
      {
        "date": "2023-10-27",
        "close": 119.164825,
        "volume": 18844923,
        "typical_volume": 17457433.85,
        "trend": 96.600118,
        "fair_value": 57.760604,
        "relative_strength": 27.941384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.410052,
        "energy": 63.72921,
        "activity_lines": [
          114.772181,
          111.747505,
          107.181477,
          103.106432
        ]
      },
      {
        "date": "2023-11-03",
        "close": 122.675682,
        "volume": 20876641,
        "typical_volume": 16104563.45,
        "trend": 98.081011,
        "fair_value": 58.379508,
        "relative_strength": 29.470439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.052529,
        "energy": 73.183432,
        "activity_lines": [
          118.051698,
          114.277842,
          108.915137,
          104.788726
        ]
      },
      {
        "date": "2023-11-10",
        "close": 127.003014,
        "volume": 19249242,
        "typical_volume": 15703586.0,
        "trend": 99.645895,
        "fair_value": 59.008172,
        "relative_strength": 31.579939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.078586,
        "energy": 83.960473,
        "activity_lines": [
          121.878256,
          117.156296,
          110.965858,
          106.654662
        ]
      },
      {
        "date": "2023-11-17",
        "close": 125.08429,
        "volume": 16094871,
        "typical_volume": 15822223.7,
        "trend": 101.294107,
        "fair_value": 59.631679,
        "relative_strength": 26.676649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.64817,
        "energy": 80.500609,
        "activity_lines": [
          123.81875,
          119.184129,
          112.689096,
          108.295849
        ]
      },
      {
        "date": "2023-11-24",
        "close": 124.308632,
        "volume": 7936355,
        "typical_volume": 14325248.1,
        "trend": 102.81872,
        "fair_value": 60.24381,
        "relative_strength": 24.624197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.256565,
        "energy": 74.803176,
        "activity_lines": [
          124.493703,
          120.728012,
          114.219683,
          109.780657
        ]
      },
      {
        "date": "2023-12-01",
        "close": 126.921364,
        "volume": 8184016,
        "typical_volume": 14054648.4,
        "trend": 104.504066,
        "fair_value": 60.871458,
        "relative_strength": 23.330631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.754896,
        "energy": 64.888359,
        "activity_lines": [
          125.585062,
          122.460428,
          115.900468,
          111.335666
        ]
      },
      {
        "date": "2023-12-08",
        "close": 126.064064,
        "volume": 12668383,
        "typical_volume": 13825260.1,
        "trend": 106.128701,
        "fair_value": 61.447307,
        "relative_strength": 17.812132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.950117,
        "energy": 55.962597,
        "activity_lines": [
          125.873551,
          123.741556,
          117.369593,
          112.726634
        ]
      },
      {
        "date": "2023-12-15",
        "close": 138.801102,
        "volume": 50516266,
        "typical_volume": 15900197.3,
        "trend": 107.943586,
        "fair_value": 62.094953,
        "relative_strength": 26.015768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.42433,
        "energy": 66.811498,
        "activity_lines": [
          130.181827,
          127.0327,
          119.945732,
          114.83453
        ]
      },
      {
        "date": "2023-12-22",
        "close": 136.351685,
        "volume": 16772649,
        "typical_volume": 16257718.7,
        "trend": 109.691552,
        "fair_value": 62.745122,
        "relative_strength": 23.592699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.394355,
        "energy": 63.861334,
        "activity_lines": [
          132.887092,
          129.324034,
          122.10201,
          116.667311
        ]
      },
      {
        "date": "2023-12-29",
        "close": 137.902985,
        "volume": 11025012,
        "typical_volume": 16505517.6,
        "trend": 111.418924,
        "fair_value": 63.402773,
        "relative_strength": 22.201005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.73092,
        "energy": 74.697797,
        "activity_lines": [
          135.358298,
          131.417928,
          124.233599,
          118.487403
        ]
      },
      {
        "date": "2024-01-05",
        "close": 136.229202,
        "volume": 9401201,
        "typical_volume": 16721179.15,
        "trend": 113.026233,
        "fair_value": 64.035164,
        "relative_strength": 20.242639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.312315,
        "energy": 72.326379,
        "activity_lines": [
          136.365285,
          132.836371,
          126.026349,
          120.088067
        ]
      },
      {
        "date": "2024-01-12",
        "close": 137.494736,
        "volume": 11746918,
        "typical_volume": 16602307.5,
        "trend": 114.185667,
        "fair_value": 64.686504,
        "relative_strength": 19.670038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.102951,
        "energy": 59.169395,
        "activity_lines": [
          137.173594,
          134.17465,
          127.745228,
          121.66668
        ]
      },
      {
        "date": "2024-01-19",
        "close": 138.229568,
        "volume": 17610464,
        "typical_volume": 17085378.15,
        "trend": 115.573117,
        "fair_value": 65.353637,
        "relative_strength": 21.066535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.895116,
        "energy": 57.805091,
        "activity_lines": [
          137.464803,
          135.377097,
          129.348633,
          123.217899
        ]
      },
      {
        "date": "2024-01-26",
        "close": 147.169983,
        "volume": 37844611,
        "typical_volume": 18090961.1,
        "trend": 117.140752,
        "fair_value": 66.087932,
        "relative_strength": 29.521748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.162828,
        "energy": 63.304895,
        "activity_lines": [
          140.774252,
          138.000955,
          131.618632,
          125.256407
        ]
      },
      {
        "date": "2024-02-02",
        "close": 157.988327,
        "volume": 25683242,
        "typical_volume": 18494620.45,
        "trend": 118.953849,
        "fair_value": 66.839362,
        "relative_strength": 34.654822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.336213,
        "energy": 73.491102,
        "activity_lines": [
          146.968596,
          142.190227,
          134.723968,
          127.891734
        ]
      },
      {
        "date": "2024-02-09",
        "close": 149.578598,
        "volume": 11120258,
        "typical_volume": 18322752.75,
        "trend": 120.619178,
        "fair_value": 67.526785,
        "relative_strength": 26.909861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.34489,
        "energy": 66.225382,
        "activity_lines": [
          149.020675,
          144.238099,
          136.79296,
          129.867524
        ]
      },
      {
        "date": "2024-02-16",
        "close": 154.191696,
        "volume": 20376698,
        "typical_volume": 18767583.55,
        "trend": 122.299025,
        "fair_value": 68.21521,
        "relative_strength": 28.143168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.173237,
        "energy": 67.928583,
        "activity_lines": [
          151.720492,
          146.712767,
          139.116031,
          132.033493
        ]
      },
      {
        "date": "2024-02-23",
        "close": 146.557632,
        "volume": 12393825,
        "typical_volume": 18930923.9,
        "trend": 123.863656,
        "fair_value": 68.860855,
        "relative_strength": 19.985819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.471758,
        "energy": 56.005124,
        "activity_lines": [
          150.762492,
          147.288011,
          140.498015,
          133.598565
        ]
      },
      {
        "date": "2024-03-01",
        "close": 152.232147,
        "volume": 15275937,
        "typical_volume": 19349149.5,
        "trend": 125.60003,
        "fair_value": 69.545585,
        "relative_strength": 23.004183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.547495,
        "energy": 50.577134,
        "activity_lines": [
          151.140792,
          148.753957,
          142.238277,
          135.42879
        ]
      },
      {
        "date": "2024-03-08",
        "close": 145.210449,
        "volume": 12231135,
        "typical_volume": 17792632.35,
        "trend": 127.099626,
        "fair_value": 70.17225,
        "relative_strength": 15.806834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.390197,
        "energy": 40.627323,
        "activity_lines": [
          148.841048,
          148.654496,
          143.108603,
          136.693978
        ]
      },
      {
        "date": "2024-03-15",
        "close": 146.720932,
        "volume": 16916849,
        "typical_volume": 17696228.65,
        "trend": 128.810146,
        "fair_value": 70.835444,
        "relative_strength": 18.694901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.598993,
        "energy": 29.823613,
        "activity_lines": [
          147.896657,
          148.696805,
          143.990787,
          137.959869
        ]
      },
      {
        "date": "2024-03-22",
        "close": 148.884583,
        "volume": 10467274,
        "typical_volume": 17175760.3,
        "trend": 130.488006,
        "fair_value": 71.519158,
        "relative_strength": 19.179469,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.441692,
        "energy": 28.385525,
        "activity_lines": [
          147.863994,
          148.941746,
          144.947814,
          139.254994
        ]
      },
      {
        "date": "2024-03-29",
        "close": 149.170364,
        "volume": 7070652,
        "typical_volume": 16566830.8,
        "trend": 132.146815,
        "fair_value": 72.195836,
        "relative_strength": 17.438419,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.916126,
        "energy": 24.917391,
        "activity_lines": [
          148.2804,
          149.031559,
          145.807253,
          140.460307
        ]
      },
      {
        "date": "2024-04-05",
        "close": 159.090561,
        "volume": 24472557,
        "typical_volume": 16985715.1,
        "trend": 133.909045,
        "fair_value": 72.92256,
        "relative_strength": 23.118693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.534387,
        "energy": 39.530021,
        "activity_lines": [
          151.829355,
          150.726121,
          147.505915,
          142.198613
        ]
      },
      {
        "date": "2024-04-12",
        "close": 156.641113,
        "volume": 7048418,
        "typical_volume": 16941318.25,
        "trend": 135.512061,
        "fair_value": 73.658704,
        "relative_strength": 20.199506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.424398,
        "energy": 40.190649,
        "activity_lines": [
          154.1046,
          151.758591,
          148.809361,
          143.665198
        ]
      },
      {
        "date": "2024-04-19",
        "close": 154.885696,
        "volume": 7588069,
        "typical_volume": 16911520.9,
        "trend": 136.985802,
        "fair_value": 74.386058,
        "relative_strength": 19.775575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.552599,
        "energy": 39.24512,
        "activity_lines": [
          155.032662,
          152.496389,
          149.79166,
          144.91511
        ]
      },
      {
        "date": "2024-04-26",
        "close": 156.110413,
        "volume": 7444486,
        "typical_volume": 16650326.05,
        "trend": 138.547995,
        "fair_value": 75.129637,
        "relative_strength": 18.235121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.279845,
        "energy": 46.162029,
        "activity_lines": [
          155.824645,
          153.36037,
          150.757435,
          146.148956
        ]
      },
      {
        "date": "2024-05-03",
        "close": 165.785675,
        "volume": 19576946,
        "typical_volume": 15103360.05,
        "trend": 140.463994,
        "fair_value": 75.924892,
        "relative_strength": 23.975415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.500873,
        "energy": 60.604998,
        "activity_lines": [
          159.359993,
          155.948603,
          152.501586,
          147.906226
        ]
      },
      {
        "date": "2024-05-10",
        "close": 155.457245,
        "volume": 17801885,
        "typical_volume": 15154821.85,
        "trend": 141.97992,
        "fair_value": 76.647536,
        "relative_strength": 17.396444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.830648,
        "energy": 38.891187,
        "activity_lines": [
          158.344845,
          156.30934,
          153.133579,
          148.873532
        ]
      },
      {
        "date": "2024-05-17",
        "close": 161.66246,
        "volume": 18491746,
        "typical_volume": 15528158.55,
        "trend": 143.452301,
        "fair_value": 77.401337,
        "relative_strength": 18.874147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.485746,
        "energy": 40.886151,
        "activity_lines": [
          159.640322,
          157.739659,
          154.265567,
          150.143374
        ]
      },
      {
        "date": "2024-05-24",
        "close": 160.560211,
        "volume": 6480236,
        "typical_volume": 15382110.3,
        "trend": 144.832147,
        "fair_value": 78.144624,
        "relative_strength": 14.643319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.848587,
        "energy": 39.556658,
        "activity_lines": [
          160.233626,
          158.670443,
          155.179437,
          151.24711
        ]
      },
      {
        "date": "2024-05-31",
        "close": 160.927628,
        "volume": 11311589,
        "typical_volume": 15360343.85,
        "trend": 146.107212,
        "fair_value": 78.903812,
        "relative_strength": 16.165525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.797336,
        "energy": 34.500636,
        "activity_lines": [
          160.571102,
          159.416405,
          156.012438,
          152.285528
        ]
      },
      {
        "date": "2024-06-07",
        "close": 163.336227,
        "volume": 17830207,
        "typical_volume": 15371331.0,
        "trend": 147.318319,
        "fair_value": 79.684844,
        "relative_strength": 13.254711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.09196,
        "energy": 34.878616,
        "activity_lines": [
          161.390296,
          160.381331,
          156.963244,
          153.397077
        ]
      },
      {
        "date": "2024-06-14",
        "close": 170.055847,
        "volume": 34168417,
        "typical_volume": 15187521.3,
        "trend": 148.817371,
        "fair_value": 80.52225,
        "relative_strength": 16.384949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.066677,
        "energy": 40.260182,
        "activity_lines": [
          164.612661,
          162.310444,
          158.434458,
          154.864015
        ]
      },
      {
        "date": "2024-06-21",
        "close": 171.525497,
        "volume": 16083545,
        "typical_volume": 14707536.45,
        "trend": 150.391266,
        "fair_value": 81.36218,
        "relative_strength": 16.449928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.684725,
        "energy": 44.317618,
        "activity_lines": [
          167.351668,
          164.307398,
          159.936659,
          156.329055
        ]
      },
      {
        "date": "2024-06-28",
        "close": 168.790298,
        "volume": 9050155,
        "typical_volume": 14604031.3,
        "trend": 151.786897,
        "fair_value": 82.189996,
        "relative_strength": 11.541483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.666725,
        "energy": 44.974141,
        "activity_lines": [
          168.521407,
          165.536418,
          161.113902,
          157.516089
        ]
      },
      {
        "date": "2024-07-05",
        "close": 165.557068,
        "volume": 8239235,
        "typical_volume": 13997158.15,
        "trend": 153.103331,
        "fair_value": 82.998809,
        "relative_strength": 7.521005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.168478,
        "energy": 45.117216,
        "activity_lines": [
          168.06473,
          165.924767,
          161.891734,
          158.404487
        ]
      },
      {
        "date": "2024-07-12",
        "close": 162.936172,
        "volume": 13158694,
        "typical_volume": 14035401.6,
        "trend": 153.907833,
        "fair_value": 83.791315,
        "relative_strength": 4.553947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.970287,
        "energy": 31.000574,
        "activity_lines": [
          166.425791,
          165.664831,
          162.365835,
          159.038864
        ]
      },
      {
        "date": "2024-07-19",
        "close": 171.56633,
        "volume": 19277676,
        "typical_volume": 14235488.55,
        "trend": 155.081655,
        "fair_value": 84.64381,
        "relative_strength": 9.388255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.936286,
        "energy": 31.164143,
        "activity_lines": [
          167.690242,
          167.025825,
          163.583864,
          160.178122
        ]
      },
      {
        "date": "2024-07-26",
        "close": 181.68248,
        "volume": 21387263,
        "typical_volume": 14693294.95,
        "trend": 156.540971,
        "fair_value": 85.566127,
        "relative_strength": 13.653019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.038286,
        "energy": 38.704782,
        "activity_lines": [
          172.226045,
          169.933226,
          165.673268,
          161.894304
        ]
      },
      {
        "date": "2024-08-02",
        "close": 180.910309,
        "volume": 15776702,
        "typical_volume": 14636287.6,
        "trend": 158.030341,
        "fair_value": 86.491704,
        "relative_strength": 12.967858,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.899243,
        "energy": 46.839786,
        "activity_lines": [
          175.827324,
          172.336232,
          167.515456,
          163.46652
        ]
      },
      {
        "date": "2024-08-09",
        "close": 177.329559,
        "volume": 11026553,
        "typical_volume": 14664251.55,
        "trend": 159.358169,
        "fair_value": 87.408508,
        "relative_strength": 11.621316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.834478,
        "energy": 56.161521,
        "activity_lines": [
          177.42702,
          173.718191,
          168.853813,
          164.711631
        ]
      },
      {
        "date": "2024-08-16",
        "close": 179.029175,
        "volume": 4505250,
        "typical_volume": 14535981.45,
        "trend": 160.718156,
        "fair_value": 88.351632,
        "relative_strength": 11.122059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.48103,
        "energy": 60.636467,
        "activity_lines": [
          178.808422,
          175.110954,
          170.218586,
          165.980728
        ]
      },
      {
        "date": "2024-08-23",
        "close": 183.533997,
        "volume": 7402216,
        "typical_volume": 13682464.4,
        "trend": 161.93029,
        "fair_value": 89.316916,
        "relative_strength": 11.877313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.960276,
        "energy": 57.205292,
        "activity_lines": [
          180.618564,
          177.037449,
          171.870205,
          167.452717
        ]
      },
      {
        "date": "2024-08-30",
        "close": 183.344223,
        "volume": 9339783,
        "typical_volume": 13797032.65,
        "trend": 162.775486,
        "fair_value": 90.277749,
        "relative_strength": 9.250037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.173963,
        "energy": 48.189122,
        "activity_lines": [
          181.567604,
          178.684383,
          173.387353,
          168.834262
        ]
      },
      {
        "date": "2024-09-06",
        "close": 180.308014,
        "volume": 5458732,
        "typical_volume": 13690565.8,
        "trend": 163.7998,
        "fair_value": 91.223348,
        "relative_strength": 8.505012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.942431,
        "energy": 46.241957,
        "activity_lines": [
          181.393791,
          179.564392,
          174.48818,
          169.965392
        ]
      },
      {
        "date": "2024-09-13",
        "close": 179.128189,
        "volume": 6245772,
        "typical_volume": 13630630.1,
        "trend": 164.631016,
        "fair_value": 92.123321,
        "relative_strength": 5.140341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.169732,
        "energy": 38.515906,
        "activity_lines": [
          180.866856,
          180.020475,
          175.355585,
          170.954321
        ]
      },
      {
        "date": "2024-09-20",
        "close": 173.418793,
        "volume": 8120814,
        "typical_volume": 13057823.5,
        "trend": 165.526388,
        "fair_value": 92.993412,
        "relative_strength": -0.239182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.318817,
        "energy": 26.042571,
        "activity_lines": [
          178.31688,
          179.191738,
          175.569629,
          171.521274
        ]
      },
      {
        "date": "2024-09-27",
        "close": 179.210693,
        "volume": 12146785,
        "typical_volume": 12775068.5,
        "trend": 166.425673,
        "fair_value": 93.908343,
        "relative_strength": 1.194354,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.546195,
        "energy": 21.256307,
        "activity_lines": [
          178.071564,
          179.225481,
          176.298934,
          172.404132
        ]
      },
      {
        "date": "2024-10-04",
        "close": 172.181213,
        "volume": 5688697,
        "typical_volume": 12134916.05,
        "trend": 167.324699,
        "fair_value": 94.780204,
        "relative_strength": 1.355105,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.496341,
        "energy": 16.091538,
        "activity_lines": [
          175.771307,
          177.842149,
          176.245654,
          172.775458
        ]
      },
      {
        "date": "2024-10-11",
        "close": 164.219406,
        "volume": 11197055,
        "typical_volume": 12370757.0,
        "trend": 167.907981,
        "fair_value": 95.587842,
        "relative_strength": -3.41289,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.466199,
        "energy": 12.940099,
        "activity_lines": [
          171.561316,
          175.183965,
          175.384016,
          172.575116
        ]
      },
      {
        "date": "2024-10-18",
        "close": 183.12146,
        "volume": 32908501,
        "typical_volume": 13450602.6,
        "trend": 169.049211,
        "fair_value": 96.509929,
        "relative_strength": 7.769483,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.642347,
        "energy": 14.904618,
        "activity_lines": [
          174.724583,
          176.265989,
          176.30515,
          173.556631
        ]
      },
      {
        "date": "2024-10-25",
        "close": 177.016037,
        "volume": 18215854,
        "typical_volume": 13469884.95,
        "trend": 169.9774,
        "fair_value": 97.400841,
        "relative_strength": 6.757284,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.740915,
        "energy": 10.988485,
        "activity_lines": [
          175.586491,
          176.132629,
          176.53913,
          174.07062
        ]
      },
      {
        "date": "2024-11-01",
        "close": 187.725281,
        "volume": 12142057,
        "typical_volume": 12368566.95,
        "trend": 170.93189,
        "fair_value": 98.348708,
        "relative_strength": 12.217234,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.000204,
        "energy": 29.5008,
        "activity_lines": [
          179.778331,
          177.983007,
          177.727896,
          175.215644
        ]
      },
      {
        "date": "2024-11-08",
        "close": 188.302826,
        "volume": 14686691,
        "typical_volume": 12298724.25,
        "trend": 171.987281,
        "fair_value": 99.258731,
        "relative_strength": 12.892982,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 60.76161,
        "energy": 51.224566,
        "activity_lines": [
          183.595046,
          179.862188,
          178.887526,
          176.33635
        ]
      },
      {
        "date": "2024-11-15",
        "close": 174.309845,
        "volume": 7841418,
        "typical_volume": 12238287.4,
        "trend": 172.634752,
        "fair_value": 100.113388,
        "relative_strength": 6.919199,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.626644,
        "energy": 34.43488,
        "activity_lines": [
          181.67266,
          179.107034,
          178.634599,
          176.486193
        ]
      },
      {
        "date": "2024-11-22",
        "close": 175.357681,
        "volume": 4986064,
        "typical_volume": 12075628.85,
        "trend": 173.276328,
        "fair_value": 100.988196,
        "relative_strength": 5.567604,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 41.360556,
        "energy": 22.872405,
        "activity_lines": [
          179.426857,
          178.651454,
          178.455183,
          176.661865
        ]
      },
      {
        "date": "2024-11-29",
        "close": 195.175552,
        "volume": 26484372,
        "typical_volume": 12741912.75,
        "trend": 174.255991,
        "fair_value": 101.991534,
        "relative_strength": 15.822912,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.989849,
        "energy": 35.701492,
        "activity_lines": [
          184.304597,
          181.867677,
          180.116513,
          178.074719
        ]
      },
      {
        "date": "2024-12-06",
        "close": 199.507095,
        "volume": 14306515,
        "typical_volume": 12493354.7,
        "trend": 175.724319,
        "fair_value": 103.017911,
        "relative_strength": 15.113492,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.664231,
        "energy": 42.163568,
        "activity_lines": [
          189.415549,
          185.475876,
          182.036851,
          179.703822
        ]
      },
      {
        "date": "2024-12-13",
        "close": 196.041855,
        "volume": 7330835,
        "typical_volume": 11790533.3,
        "trend": 176.870299,
        "fair_value": 104.042973,
        "relative_strength": 12.256266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.363411,
        "energy": 57.104424,
        "activity_lines": [
          192.585968,
          188.085006,
          183.494114,
          181.014631
        ]
      },
      {
        "date": "2024-12-20",
        "close": 182.296402,
        "volume": 7438648,
        "typical_volume": 11373630.6,
        "trend": 177.594838,
        "fair_value": 104.986143,
        "relative_strength": 9.211321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.773514,
        "energy": 52.661023,
        "activity_lines": [
          190.658633,
          187.761133,
          183.573908,
          181.364702
        ]
      },
      {
        "date": "2024-12-27",
        "close": 183.773254,
        "volume": 4457065,
        "typical_volume": 11045156.2,
        "trend": 178.356359,
        "fair_value": 105.937536,
        "relative_strength": 8.646773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.212971,
        "energy": 32.249975,
        "activity_lines": [
          188.691146,
          187.377106,
          183.787755,
          181.76331
        ]
      },
      {
        "date": "2025-01-03",
        "close": 183.666,
        "volume": 9199057,
        "typical_volume": 11279846.55,
        "trend": 179.034018,
        "fair_value": 106.883514,
        "relative_strength": 7.317861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.828074,
        "energy": 16.763462,
        "activity_lines": [
          186.126868,
          186.961727,
          183.960703,
          182.105867
        ]
      },
      {
        "date": "2025-01-10",
        "close": 172.899002,
        "volume": 6756121,
        "typical_volume": 11247541.8,
        "trend": 179.12879,
        "fair_value": 107.7346,
        "relative_strength": 3.19229,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.884133,
        "energy": 14.239454,
        "activity_lines": [
          180.740895,
          184.467804,
          183.086142,
          181.710059
        ]
      },
      {
        "date": "2025-01-17",
        "close": 179.994492,
        "volume": 11809731,
        "typical_volume": 11371039.2,
        "trend": 179.41109,
        "fair_value": 108.648336,
        "relative_strength": 8.087506,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.056981,
        "energy": 18.305095,
        "activity_lines": [
          179.493959,
          183.533539,
          182.937985,
          181.765911
        ]
      },
      {
        "date": "2025-01-24",
        "close": 186.62796,
        "volume": 24622737,
        "typical_volume": 12329239.45,
        "trend": 180.005679,
        "fair_value": 109.601609,
        "relative_strength": 12.251858,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.796929,
        "energy": 17.174139,
        "activity_lines": [
          181.528002,
          183.956419,
          183.437538,
          182.231516
        ]
      },
      {
        "date": "2025-01-31",
        "close": 196.545135,
        "volume": 11803200,
        "typical_volume": 12607110.85,
        "trend": 181.038614,
        "fair_value": 110.597555,
        "relative_strength": 15.773988,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.603068,
        "energy": 22.263843,
        "activity_lines": [
          186.579,
          185.958457,
          184.851488,
          183.298577
        ]
      },
      {
        "date": "2025-02-07",
        "close": 195.233307,
        "volume": 10350389,
        "typical_volume": 12718589.6,
        "trend": 182.115185,
        "fair_value": 111.577132,
        "relative_strength": 14.317434,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.05188,
        "energy": 40.494648,
        "activity_lines": [
          190.341263,
          187.336754,
          186.057565,
          184.214364
        ]
      },
      {
        "date": "2025-02-14",
        "close": 184.482803,
        "volume": 6963088,
        "typical_volume": 12459404.75,
        "trend": 182.545735,
        "fair_value": 112.501478,
        "relative_strength": 10.685541,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.430814,
        "energy": 34.923234,
        "activity_lines": [
          189.748871,
          186.759363,
          186.135906,
          184.367114
        ]
      },
      {
        "date": "2025-02-21",
        "close": 176.02597,
        "volume": 6533181,
        "typical_volume": 12501628.95,
        "trend": 182.357184,
        "fair_value": 113.402213,
        "relative_strength": 5.914505,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.617516,
        "energy": 12.640592,
        "activity_lines": [
          185.565281,
          184.917536,
          185.383729,
          183.946484
        ]
      },
      {
        "date": "2025-02-28",
        "close": 165.927261,
        "volume": 9641424,
        "typical_volume": 12423847.4,
        "trend": 181.857749,
        "fair_value": 114.23697,
        "relative_strength": 2.681428,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.97153,
        "energy": 29.492628,
        "activity_lines": [
          178.280023,
          181.603505,
          183.651462,
          182.886489
        ]
      },
      {
        "date": "2025-03-07",
        "close": 168.336426,
        "volume": 9951052,
        "typical_volume": 11275974.95,
        "trend": 181.557978,
        "fair_value": 115.085179,
        "relative_strength": 1.925582,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.438034,
        "energy": 41.195977,
        "activity_lines": [
          173.177866,
          179.025124,
          182.140506,
          182.014145
        ]
      },
      {
        "date": "2025-03-14",
        "close": 154.046432,
        "volume": 5085483,
        "typical_volume": 10619456.4,
        "trend": 180.72522,
        "fair_value": 115.839547,
        "relative_strength": -6.13329,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -78.034926,
        "energy": 75.856149,
        "activity_lines": [
          165.192959,
          174.129233,
          179.339003,
          180.239207
        ]
      },
      {
        "date": "2025-03-21",
        "close": 173.031006,
        "volume": 14799295,
        "typical_volume": 10752318.3,
        "trend": 180.37512,
        "fair_value": 116.718348,
        "relative_strength": 0.95262,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.176183,
        "energy": 67.399642,
        "activity_lines": [
          166.282035,
          173.223619,
          178.454934,
          179.742806
        ]
      },
      {
        "date": "2025-03-28",
        "close": 172.634995,
        "volume": 21088544,
        "typical_volume": 11072410.95,
        "trend": 180.018146,
        "fair_value": 117.586898,
        "relative_strength": -0.174285,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.532323,
        "energy": 56.062322,
        "activity_lines": [
          168.002561,
          172.243604,
          177.603123,
          179.243443
        ]
      },
      {
        "date": "2025-04-04",
        "close": 178.954926,
        "volume": 9290881,
        "typical_volume": 11144884.1,
        "trend": 179.973043,
        "fair_value": 118.474564,
        "relative_strength": 6.051148,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.6131,
        "energy": 31.445684,
        "activity_lines": [
          172.055795,
          172.546476,
          177.427818,
          179.174848
        ]
      },
      {
        "date": "2025-04-11",
        "close": 172.849487,
        "volume": 11720555,
        "typical_volume": 11481608.65,
        "trend": 179.763753,
        "fair_value": 119.328318,
        "relative_strength": 2.608605,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.884998,
        "energy": 18.16081,
        "activity_lines": [
          173.205371,
          171.878778,
          176.648924,
          178.715264
        ]
      },
      {
        "date": "2025-04-18",
        "close": 183.666,
        "volume": 17030568,
        "typical_volume": 11008918.45,
        "trend": 180.105327,
        "fair_value": 120.256882,
        "relative_strength": 4.160993,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.98897,
        "energy": 15.748632,
        "activity_lines": [
          177.659581,
          173.608549,
          176.912118,
          178.967022
        ]
      },
      {
        "date": "2025-04-25",
        "close": 178.187622,
        "volume": 17093133,
        "typical_volume": 11148249.35,
        "trend": 180.071224,
        "fair_value": 121.15605,
        "relative_strength": 0.148001,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.425889,
        "energy": 17.938409,
        "activity_lines": [
          178.313028,
          174.552565,
          176.708368,
          178.843299
        ]
      },
      {
        "date": "2025-05-02",
        "close": 178.088608,
        "volume": 7065509,
        "typical_volume": 11134983.05,
        "trend": 180.268138,
        "fair_value": 122.068266,
        "relative_strength": -1.155412,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.056114,
        "energy": 15.802593,
        "activity_lines": [
          178.589695,
          175.593037,
          176.59671,
          178.715388
        ]
      },
      {
        "date": "2025-05-09",
        "close": 172.189453,
        "volume": 12735029,
        "typical_volume": 11399802.1,
        "trend": 180.533806,
        "fair_value": 122.961824,
        "relative_strength": -3.112462,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.360234,
        "energy": 17.173022,
        "activity_lines": [
          176.536403,
          175.523433,
          176.00872,
          178.194182
        ]
      },
      {
        "date": "2025-05-16",
        "close": 186.256683,
        "volume": 10957901,
        "typical_volume": 11724843.9,
        "trend": 180.638313,
        "fair_value": 123.93436,
        "relative_strength": 0.499769,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.083009,
        "energy": 5.918276,
        "activity_lines": [
          179.62322,
          177.897649,
          176.808594,
          178.5634
        ]
      },
      {
        "date": "2025-05-23",
        "close": 186.62796,
        "volume": 16529658,
        "typical_volume": 12091373.95,
        "trend": 180.958711,
        "fair_value": 124.906292,
        "relative_strength": 1.239895,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.330991,
        "energy": 16.310685,
        "activity_lines": [
          181.939982,
          180.013547,
          177.632001,
          178.949829
        ]
      },
      {
        "date": "2025-05-30",
        "close": 182.906952,
        "volume": 10455044,
        "typical_volume": 12276320.1,
        "trend": 180.7981,
        "fair_value": 125.838448,
        "relative_strength": -0.431788,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.782541,
        "energy": 19.506102,
        "activity_lines": [
          182.818944,
          180.860507,
          178.086923,
          179.075522
        ]
      },
      {
        "date": "2025-06-06",
        "close": 196.388382,
        "volume": 30016977,
        "typical_volume": 13186682.4,
        "trend": 181.067618,
        "fair_value": 126.863493,
        "relative_strength": 5.597807,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.065697,
        "energy": 45.254391,
        "activity_lines": [
          187.877094,
          183.979073,
          179.778133,
          180.081347
        ]
      },
      {
        "date": "2025-06-13",
        "close": 204.424454,
        "volume": 20906877,
        "typical_volume": 13000889.4,
        "trend": 182.071438,
        "fair_value": 127.953982,
        "relative_strength": 10.890391,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 50.318019,
        "energy": 62.475795,
        "activity_lines": [
          194.39395,
          188.126863,
          182.156617,
          181.588239
        ]
      },
      {
        "date": "2025-06-20",
        "close": 204.011917,
        "volume": 16234292,
        "typical_volume": 13222444.0,
        "trend": 183.02658,
        "fair_value": 129.035608,
        "relative_strength": 8.699853,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.993446,
        "energy": 67.763034,
        "activity_lines": [
          198.624294,
          191.736564,
          184.411067,
          183.003754
        ]
      },
      {
        "date": "2025-06-27",
        "close": 211.965454,
        "volume": 19694073,
        "typical_volume": 13689628.2,
        "trend": 183.586243,
        "fair_value": 130.175183,
        "relative_strength": 10.271901,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.245847,
        "energy": 84.0633,
        "activity_lines": [
          204.322134,
          196.225773,
          187.387441,
          184.870778
        ]
      },
      {
        "date": "2025-07-04",
        "close": 224.003052,
        "volume": 32772776,
        "typical_volume": 14980112.6,
        "trend": 184.402775,
        "fair_value": 131.384459,
        "relative_strength": 16.747136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.128233,
        "energy": 90.299823,
        "activity_lines": [
          212.343341,
          202.389101,
          191.430575,
          187.478314
        ]
      },
      {
        "date": "2025-07-11",
        "close": 222.064178,
        "volume": 15029483,
        "typical_volume": 15404927.7,
        "trend": 185.270186,
        "fair_value": 132.581556,
        "relative_strength": 16.520349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.506267,
        "energy": 90.101346,
        "activity_lines": [
          216.978517,
          207.366899,
          195.100864,
          189.908082
        ]
      },
      {
        "date": "2025-07-18",
        "close": 221.280365,
        "volume": 12398958,
        "typical_volume": 15542804.4,
        "trend": 186.569651,
        "fair_value": 133.7227,
        "relative_strength": 16.400888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.31915,
        "energy": 88.161822,
        "activity_lines": [
          219.640701,
          211.402629,
          198.477273,
          192.23132
        ]
      },
      {
        "date": "2025-07-25",
        "close": 215.009933,
        "volume": 18024068,
        "typical_volume": 15946455.2,
        "trend": 187.610874,
        "fair_value": 134.798415,
        "relative_strength": 13.316921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.972934,
        "energy": 81.55092,
        "activity_lines": [
          219.089014,
          213.405719,
          200.992913,
          194.066177
        ]
      },
      {
        "date": "2025-08-01",
        "close": 214.26738,
        "volume": 8473977,
        "typical_volume": 16115879.9,
        "trend": 188.63092,
        "fair_value": 135.856238,
        "relative_strength": 13.772438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.632054,
        "energy": 57.358507,
        "activity_lines": [
          217.556609,
          214.751013,
          203.215578,
          195.785951
        ]
      },
      {
        "date": "2025-08-08",
        "close": 219.083328,
        "volume": 6675198,
        "typical_volume": 15709675.05,
        "trend": 190.170397,
        "fair_value": 136.931543,
        "relative_strength": 16.79192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.164382,
        "energy": 53.163105,
        "activity_lines": [
          217.476058,
          216.469398,
          205.610139,
          197.750623
        ]
      },
      {
        "date": "2025-08-15",
        "close": 214.291672,
        "volume": 3974231,
        "typical_volume": 14853959.4,
        "trend": 191.313637,
        "fair_value": 137.973815,
        "relative_strength": 12.599448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.039176,
        "energy": 41.959201,
        "activity_lines": [
          216.12627,
          216.658821,
          207.329055,
          199.306834
        ]
      },
      {
        "date": "2025-08-22",
        "close": 215.166672,
        "volume": 10241750,
        "typical_volume": 14901502.85,
        "trend": 192.264927,
        "fair_value": 138.995174,
        "relative_strength": 11.624146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.44555,
        "energy": 38.641951,
        "activity_lines": [
          215.586315,
          216.681821,
          208.932939,
          200.845739
        ]
      },
      {
        "date": "2025-08-29",
        "close": 214.050003,
        "volume": 12551715,
        "typical_volume": 14943060.85,
        "trend": 192.848423,
        "fair_value": 140.013237,
        "relative_strength": 12.641285,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.17403,
        "energy": 33.874575,
        "activity_lines": [
          215.081717,
          216.306477,
          210.258036,
          202.251228
        ]
      },
      {
        "date": "2025-09-05",
        "close": 206.100006,
        "volume": 8145538,
        "typical_volume": 14498809.35,
        "trend": 193.210646,
        "fair_value": 140.955362,
        "relative_strength": 6.796725,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.772456,
        "energy": 23.690897,
        "activity_lines": [
          211.991115,
          214.303169,
          210.629799,
          203.106169
        ]
      },
      {
        "date": "2025-09-12",
        "close": 210.759995,
        "volume": 7170704,
        "typical_volume": 14002687.9,
        "trend": 194.086552,
        "fair_value": 141.840326,
        "relative_strength": 7.238355,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.996143,
        "energy": 19.689504,
        "activity_lines": [
          210.998335,
          213.253775,
          211.338541,
          204.238385
        ]
      },
      {
        "date": "2025-09-19",
        "close": 217.179993,
        "volume": 6894576,
        "typical_volume": 13994141.25,
        "trend": 195.458353,
        "fair_value": 142.798373,
        "relative_strength": 9.079233,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.767017,
        "energy": 22.845482,
        "activity_lines": [
          212.700443,
          213.612437,
          212.503604,
          205.728285
        ]
      },
      {
        "date": "2025-09-26",
        "close": 205.639999,
        "volume": 4986271,
        "typical_volume": 13606703.35,
        "trend": 196.782111,
        "fair_value": 143.696865,
        "relative_strength": 5.713187,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.316084,
        "energy": 13.075077,
        "activity_lines": [
          210.363331,
          211.961721,
          212.383472,
          206.385165
        ]
      },
      {
        "date": "2025-10-03",
        "close": 209.179993,
        "volume": 9145771,
        "typical_volume": 13516096.85,
        "trend": 198.143563,
        "fair_value": 144.60466,
        "relative_strength": 6.105257,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.438846,
        "energy": 11.553867,
        "activity_lines": [
          209.841329,
          211.239011,
          212.441193,
          207.185028
        ]
      },
      {
        "date": "2025-10-10",
        "close": 226.589996,
        "volume": 20666273,
        "typical_volume": 13722927.6,
        "trend": 200.561682,
        "fair_value": 145.624572,
        "relative_strength": 12.50751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.966638,
        "energy": 32.175843,
        "activity_lines": [
          215.447329,
          213.787755,
          214.047851,
          209.020282
        ]
      },
      {
        "date": "2025-10-17",
        "close": 227.389999,
        "volume": 15075549,
        "typical_volume": 13953952.85,
        "trend": 202.373649,
        "fair_value": 146.613822,
        "relative_strength": 10.646079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.528268,
        "energy": 42.810501,
        "activity_lines": [
          219.953997,
          216.257907,
          215.540405,
          210.751141
        ]
      },
      {
        "date": "2025-10-24",
        "close": 243.050003,
        "volume": 18579496,
        "typical_volume": 13382078.8,
        "trend": 204.720815,
        "fair_value": 147.667922,
        "relative_strength": 17.28198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.218026,
        "energy": 75.72171,
        "activity_lines": [
          228.571999,
          221.424301,
          218.312564,
          213.375422
        ]
      },
      {
        "date": "2025-10-31",
        "close": 243.149994,
        "volume": 7775755,
        "typical_volume": 12725522.7,
        "trend": 206.860651,
        "fair_value": 148.710303,
        "relative_strength": 17.178473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.306123,
        "energy": 82.240581,
        "activity_lines": [
          235.498664,
          226.085997,
          220.872047,
          215.854724
        ]
      },
      {
        "date": "2025-11-07",
        "close": 249.119995,
        "volume": 13204118,
        "typical_volume": 12574014.0,
        "trend": 209.403001,
        "fair_value": 149.793271,
        "relative_strength": 20.570232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.857371,
        "energy": 85.787939,
        "activity_lines": [
          241.914664,
          231.32436,
          223.815694,
          218.581133
        ]
      },
      {
        "date": "2025-11-14",
        "close": 249.600006,
        "volume": 7021515,
        "typical_volume": 11940386.1,
        "trend": 211.600802,
        "fair_value": 150.865411,
        "relative_strength": 18.230345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.822605,
        "energy": 85.170004,
        "activity_lines": [
          245.828,
          236.012362,
          226.590257,
          221.174488
        ]
      },
      {
        "date": "2025-11-21",
        "close": 247.070007,
        "volume": 6523746,
        "typical_volume": 10627934.6,
        "trend": 213.896881,
        "fair_value": 151.918759,
        "relative_strength": 15.736786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.984819,
        "energy": 76.980419,
        "activity_lines": [
          247.364002,
          239.449455,
          228.944655,
          223.462824
        ]
      },
      {
        "date": "2025-11-28",
        "close": 247.970001,
        "volume": 7734124,
        "typical_volume": 10263166.65,
        "trend": 216.226261,
        "fair_value": 152.997702,
        "relative_strength": 15.188789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.644211,
        "energy": 64.750372,
        "activity_lines": [
          247.888002,
          242.390001,
          231.274924,
          225.66109
        ]
      },
      {
        "date": "2025-12-05",
        "close": 248.149994,
        "volume": 11624441,
        "typical_volume": 10224440.8,
        "trend": 218.758279,
        "fair_value": 154.031708,
        "relative_strength": 14.970474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.216057,
        "energy": 54.489976,
        "activity_lines": [
          248.144,
          244.803454,
          233.498974,
          227.720686
        ]
      },
      {
        "date": "2025-12-12",
        "close": 245.360001,
        "volume": 4634337,
        "typical_volume": 9554954.25,
        "trend": 220.728389,
        "fair_value": 155.032895,
        "relative_strength": 13.886795,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.503245,
        "energy": 47.190024,
        "activity_lines": [
          247.136667,
          245.936727,
          235.32936,
          229.436926
        ]
      },
      {
        "date": "2025-12-19",
        "close": 252.389999,
        "volume": 5667296,
        "typical_volume": 9414620.2,
        "trend": 222.920457,
        "fair_value": 156.124208,
        "relative_strength": 16.97169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.791108,
        "energy": 48.633614,
        "activity_lines": [
          248.723333,
          247.690364,
          237.684745,
          231.47961
        ]
      },
      {
        "date": "2025-12-26",
        "close": 262.809998,
        "volume": 18955482,
        "typical_volume": 10028634.4,
        "trend": 225.583892,
        "fair_value": 157.225666,
        "relative_strength": 20.782199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.50354,
        "energy": 53.843519,
        "activity_lines": [
          253.597332,
          250.869454,
          240.850975,
          234.053129
        ]
      },
      {
        "date": "2026-01-02",
        "close": 272.5,
        "volume": 17889658,
        "typical_volume": 10724405.75,
        "trend": 228.120946,
        "fair_value": 158.40572,
        "relative_strength": 23.109243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.109672,
        "energy": 61.16126,
        "activity_lines": [
          260.651999,
          255.166363,
          244.73184,
          237.079975
        ]
      },
      {
        "date": "2026-01-09",
        "close": 263.649994,
        "volume": 11699738,
        "typical_volume": 10797305.15,
        "trend": 230.095131,
        "fair_value": 159.548098,
        "relative_strength": 21.302555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.444635,
        "energy": 67.57975,
        "activity_lines": [
          263.121331,
          257.318726,
          247.492665,
          239.372171
        ]
      },
      {
        "date": "2026-01-16",
        "close": 267.5,
        "volume": 8552509,
        "typical_volume": 10597344.85,
        "trend": 232.2114,
        "fair_value": 160.721334,
        "relative_strength": 22.283614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.476279,
        "energy": 69.574393,
        "activity_lines": [
          265.840665,
          259.798362,
          250.389285,
          241.785389
        ]
      },
      {
        "date": "2026-01-23",
        "close": 265.5,
        "volume": 18785940,
        "typical_volume": 11129364.95,
        "trend": 233.995885,
        "fair_value": 161.885613,
        "relative_strength": 23.794016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.621138,
        "energy": 58.132545,
        "activity_lines": [
          266.417332,
          261.580181,
          252.840904,
          243.93304
        ]
      },
      {
        "date": "2026-01-30",
        "close": 301.399994,
        "volume": 75421631,
        "typical_volume": 14541911.3,
        "trend": 236.575783,
        "fair_value": 163.272295,
        "relative_strength": 37.925901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.472469,
        "energy": 70.302552,
        "activity_lines": [
          278.086664,
          269.60018,
          258.428713,
          248.281692
        ]
      },
      {
        "date": "2026-02-06",
        "close": 318.100006,
        "volume": 21202957,
        "typical_volume": 15257330.35,
        "trend": 239.776978,
        "fair_value": 164.775813,
        "relative_strength": 42.157806,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.23912,
        "energy": 86.483889,
        "activity_lines": [
          292.75,
          279.668726,
          265.17538,
          253.54132
        ]
      },
      {
        "date": "2026-02-13",
        "close": 316.0,
        "volume": 13001401,
        "typical_volume": 15658086.85,
        "trend": 242.934299,
        "fair_value": 166.286726,
        "relative_strength": 41.094929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.594865,
        "energy": 89.919415,
        "activity_lines": [
          303.673334,
          288.080363,
          271.241476,
          258.458934
        ]
      },
      {
        "date": "2026-02-20",
        "close": 322.600006,
        "volume": 9287094,
        "typical_volume": 15665153.0,
        "trend": 246.520634,
        "fair_value": 167.846385,
        "relative_strength": 41.958263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.828133,
        "energy": 91.11195,
        "activity_lines": [
          313.306669,
          296.458364,
          277.410619,
          263.598657
        ]
      },
      {
        "date": "2026-02-27",
        "close": 326.200012,
        "volume": 18674927,
        "typical_volume": 15565585.7,
        "trend": 250.251722,
        "fair_value": 169.411096,
        "relative_strength": 44.079618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.33804,
        "energy": 88.309311,
        "activity_lines": [
          320.466673,
          304.086548,
          283.382525,
          268.739262
        ]
      },
      {
        "date": "2026-03-06",
        "close": 312.549988,
        "volume": 12076572,
        "typical_volume": 15415636.85,
        "trend": 253.367278,
        "fair_value": 170.892941,
        "relative_strength": 40.563107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.820202,
        "energy": 70.907329,
        "activity_lines": [
          319.030001,
          307.89091,
          287.580095,
          272.758505
        ]
      },
      {
        "date": "2026-03-13",
        "close": 282.100006,
        "volume": 11025243,
        "typical_volume": 15037924.2,
        "trend": 255.627555,
        "fair_value": 172.189122,
        "relative_strength": 32.502263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.27189,
        "energy": 49.754879,
        "activity_lines": [
          306.700002,
          305.254547,
          288.472143,
          274.612229
        ]
      },
      {
        "date": "2026-03-20",
        "close": 263.899994,
        "volume": 14420622,
        "typical_volume": 15370167.55,
        "trend": 257.251999,
        "fair_value": 173.379193,
        "relative_strength": 23.118378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.734159,
        "energy": 19.296359,
        "activity_lines": [
          290.703333,
          299.134546,
          287.444905,
          275.145935
        ]
      },
      {
        "date": "2026-03-27",
        "close": 295.75,
        "volume": 25071690,
        "typical_volume": 15963546.15,
        "trend": 259.975333,
        "fair_value": 174.737382,
        "relative_strength": 38.15043,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.033042,
        "energy": 25.270507,
        "activity_lines": [
          288.796665,
          298.800909,
          289.352191,
          277.629677
        ]
      },
      {
        "date": "2026-04-03",
        "close": 272.649994,
        "volume": 15639595,
        "typical_volume": 16394450.15,
        "trend": 262.193666,
        "fair_value": 175.983543,
        "relative_strength": 26.867235,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.903127,
        "energy": 23.551264,
        "activity_lines": [
          280.979997,
          293.753635,
          288.837428,
          278.447397
        ]
      },
      {
        "date": "2026-04-10",
        "close": 281.700012,
        "volume": 23614017,
        "typical_volume": 17248963.7,
        "trend": 264.558333,
        "fair_value": 177.27613,
        "relative_strength": 22.755604,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.946767,
        "energy": 20.558804,
        "activity_lines": [
          279.750002,
          290.221819,
          289.07481,
          279.705871
        ]
      },
      {
        "date": "2026-04-17",
        "close": 277.549988,
        "volume": 11843507,
        "typical_volume": 17454432.85,
        "trend": 266.570666,
        "fair_value": 178.570438,
        "relative_strength": 18.559358,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.721396,
        "energy": 11.351064,
        "activity_lines": [
          279.193331,
          286.293635,
          288.752047,
          280.544043
        ]
      },
      {
        "date": "2026-04-24",
        "close": 295.450012,
        "volume": 19755515,
        "typical_volume": 17860986.55,
        "trend": 269.564333,
        "fair_value": 179.960693,
        "relative_strength": 27.350352,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.421683,
        "energy": 12.112902,
        "activity_lines": [
          284.906669,
          286.357274,
          289.993191,
          282.407226
        ]
      },
      {
        "date": "2026-05-01",
        "close": 293.5,
        "volume": 9056910,
        "typical_volume": 18082115.2,
        "trend": 272.375,
        "fair_value": 181.352609,
        "relative_strength": 24.769761,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.565113,
        "energy": 15.416261,
        "activity_lines": [
          287.866669,
          286.440001,
          290.823382,
          283.951463
        ]
      },
      {
        "date": "2026-05-08",
        "close": 304.649994,
        "volume": 26747757,
        "typical_volume": 19136138.25,
        "trend": 274.977,
        "fair_value": 182.809821,
        "relative_strength": 27.198197,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.801398,
        "energy": 25.968555,
        "activity_lines": [
          294.693333,
          289.07909,
          292.486238,
          286.03372
        ]
      },
      {
        "date": "2026-05-15",
        "close": 299.049988,
        "volume": 19962123,
        "typical_volume": 19186470.3,
        "trend": 277.365666,
        "fair_value": 184.186074,
        "relative_strength": 26.396151,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 40.114167,
        "energy": 29.20651,
        "activity_lines": [
          297.519995,
          291.091816,
          293.366904,
          287.586816
        ]
      },
      {
        "date": "2026-05-22",
        "close": 288.049988,
        "volume": 8005939,
        "typical_volume": 18692284.35,
        "trend": 278.865666,
        "fair_value": 185.494646,
        "relative_strength": 20.286424,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 35.002522,
        "energy": 22.481929,
        "activity_lines": [
          295.523326,
          291.349996,
          293.027379,
          288.276128
        ]
      },
      {
        "date": "2026-05-29",
        "close": 288.75,
        "volume": 6763811,
        "typical_volume": 18445488.0,
        "trend": 280.385666,
        "fair_value": 186.793801,
        "relative_strength": 20.34033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 33.293439,
        "energy": 18.641993,
        "activity_lines": [
          293.059994,
          291.627269,
          292.680474,
          288.913826
        ]
      },
      {
        "date": "2026-06-05",
        "close": 279.350006,
        "volume": 2783728,
        "typical_volume": 18157048.95,
        "trend": 281.393333,
        "fair_value": 188.02034,
        "relative_strength": 16.42386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.5744,
        "energy": 5.421478,
        "activity_lines": [
          287.909998,
          289.743634,
          291.318808,
          288.84701
        ]
      },
      {
        "date": "2026-06-12",
        "close": 288.950012,
        "volume": 5057293,
        "typical_volume": 17470616.6,
        "trend": 282.705,
        "fair_value": 189.214175,
        "relative_strength": 18.24148,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.176139,
        "energy": 10.574235,
        "activity_lines": [
          286.903337,
          289.903637,
          290.815,
          289.334537
        ]
      },
      {
        "date": "2026-06-19",
        "close": 289.498444,
        "volume": 1874712,
        "typical_volume": 13793270.65,
        "trend": 284.119281,
        "fair_value": 190.450665,
        "relative_strength": 15.695241,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.031427,
        "energy": 9.6517,
        "activity_lines": [
          287.126152,
          289.86699,
          290.251756,
          289.772824
        ]
      },
      {
        "date": "2026-06-26",
        "close": 288.258087,
        "volume": 0,
        "typical_volume": 12733122.8,
        "trend": 285.462217,
        "fair_value": 191.656544,
        "relative_strength": 14.211047,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.61544,
        "energy": 6.006693,
        "activity_lines": [
          287.572284,
          289.463034,
          289.627058,
          290.039844
        ]
      },
      {
        "date": "2026-07-03",
        "close": 289.548035,
        "volume": 1904516,
        "typical_volume": 12178278.55,
        "trend": 286.842152,
        "fair_value": 192.848548,
        "relative_strength": 13.057569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.989479,
        "energy": 3.147624,
        "activity_lines": [
          288.434526,
          289.098922,
          289.267316,
          290.303445
        ]
      },
      {
        "date": "2026-07-10",
        "close": 303.291168,
        "volume": 12497310,
        "typical_volume": 12338789.35,
        "trend": 288.773191,
        "fair_value": 194.15414,
        "relative_strength": 17.941408,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 45.612408,
        "energy": 25.231236,
        "activity_lines": [
          293.824609,
          291.34087,
          290.342405,
          291.364672
        ]
      },
      {
        "date": "2026-07-17",
        "close": 307.409119,
        "volume": 9639686,
        "typical_volume": 11887027.3,
        "trend": 290.607162,
        "fair_value": 195.459351,
        "relative_strength": 18.110765,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 52.414802,
        "energy": 44.665701,
        "activity_lines": [
          298.991266,
          294.153515,
          291.901627,
          292.56699
        ]
      },
      {
        "date": "2026-07-24",
        "close": 338.899994,
        "volume": 115040703,
        "typical_volume": 17035233.85,
        "trend": 293.143495,
        "fair_value": 196.993205,
        "relative_strength": 31.986035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 84.583627,
        "energy": 76.88255,
        "activity_lines": [
          313.424274,
          302.641607,
          296.549461,
          295.682656
        ]
      },
      {
        "date": "2026-07-31",
        "close": 342.450012,
        "volume": 11343367,
        "typical_volume": 17051140.05,
        "trend": 295.475162,
        "fair_value": 198.546469,
        "relative_strength": 28.778538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.735001,
        "energy": 86.343331,
        "activity_lines": [
          325.747184,
          311.050612,
          301.409915,
          298.863722
        ]
      },
      {
        "date": "2026-08-07",
        "close": 335.549988,
        "volume": 9234807,
        "typical_volume": 16791849.3,
        "trend": 297.871828,
        "fair_value": 200.054978,
        "relative_strength": 24.201658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.148204,
        "energy": 85.602346,
        "activity_lines": [
          332.157292,
          317.215976,
          305.325843,
          301.449195
        ]
      }
    ],
    "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."
    }
  }
}