{
  "ticker": {
    "uuid": "7bc7700a-1090-4d0d-a87d-9309d5176c08",
    "symbol": "BMAY",
    "name": "Innovator U.S. Equity Buffer ETF - May",
    "exchange": "CBOE",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 58.348,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 82.322,
    "architecture_energy": 59.044,
    "architecture_maturity": 46.44,
    "architecture_confidence": 73.655,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 19.13,
        "rotation_up": 62.24,
        "upward_expansion": 81.59,
        "deceleration": 63.2,
        "rotation_down": 21.36,
        "downward_expansion": 8.25
      },
      "activity_lines": [
        47.815053,
        47.571109,
        47.247823,
        46.780055
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 48.5232,
    "trend_reference": 46.204037,
    "distance_from_trend": 0.050194,
    "trend_direction": "Improving",
    "fair_value": 40.064401,
    "distance_from_fair_value": 0.21113,
    "fair_value_direction": "Improving",
    "relative_strength": -4.476933,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.073292,
    "excess_performance": -0.052333,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.050194,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.021501,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.21113,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.002329,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.044769,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.007564,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.073292,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.44993,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 24319,
      "relative_activity": 0.148005,
      "balance": 2.44993,
      "dry_up": 0.350412,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.014094,
      "annualized_volatility": 0.068983,
      "from_high_reference": -0.000346,
      "from_low_reference": 0.13055
    },
    "levels": {
      "trend_reference": 46.204037,
      "fair_value_reference": 40.064401,
      "structural_low": 44.04,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.008666,
        "positive_rate": 0.725,
        "directional_follow_through": 0.725,
        "median_excess_return": -0.004367,
        "regime_survival": 0.875,
        "best_return": 0.050595,
        "worst_return": -0.06111,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.028781,
        "positive_rate": 0.928571,
        "directional_follow_through": 0.928571,
        "median_excess_return": -0.012938,
        "regime_survival": 0.714286,
        "best_return": 0.073235,
        "worst_return": -0.011016,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.050248,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.022638,
        "regime_survival": 0.714286,
        "best_return": 0.111246,
        "worst_return": -0.080281,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.124258,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.046677,
        "regime_survival": 0.75,
        "best_return": 0.181902,
        "worst_return": -0.129426,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-04-21",
        "end": "2023-08-25",
        "tenure": "Established",
        "return": 0.050006,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-01",
        "end": "2023-10-20",
        "tenure": "Developing",
        "return": -0.04477,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-10-27",
        "end": "2023-11-10",
        "tenure": "New",
        "return": 0.05588,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-17",
        "end": "2023-11-24",
        "tenure": "New",
        "return": 0.007953,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-01",
        "end": "2024-08-09",
        "tenure": "Extended",
        "return": 0.143837,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.008393,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2025-03-28",
        "tenure": "Extended",
        "return": 0.011995,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.044153,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.097861,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.013394,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.024039,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.0561,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.034333,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.05245,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 31.4152,
        "volume": 14721,
        "typical_volume": 129800.75,
        "trend": 30.689587,
        "fair_value": 30.431278,
        "relative_strength": -3.321618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.389,
        "energy": 45.57348,
        "activity_lines": [
          31.8244,
          31.854425,
          31.452169,
          31.093094
        ]
      },
      {
        "date": "2023-08-25",
        "close": 31.62,
        "volume": 31691,
        "typical_volume": 128674.15,
        "trend": 30.73976,
        "fair_value": 30.450908,
        "relative_strength": -3.374707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.193762,
        "energy": 31.55408,
        "activity_lines": [
          31.71122,
          31.82402,
          31.5063,
          31.15312
        ]
      },
      {
        "date": "2023-09-01",
        "close": 32.2093,
        "volume": 32534,
        "typical_volume": 120693.3,
        "trend": 30.79767,
        "fair_value": 30.476837,
        "relative_strength": -3.91275,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.345044,
        "energy": 39.287769,
        "activity_lines": [
          31.832473,
          31.898205,
          31.609555,
          31.247929
        ]
      },
      {
        "date": "2023-09-08",
        "close": 31.9223,
        "volume": 21193,
        "typical_volume": 109451.85,
        "trend": 30.8522,
        "fair_value": 30.501956,
        "relative_strength": -3.46896,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.449339,
        "energy": 32.152547,
        "activity_lines": [
          31.869573,
          31.902635,
          31.675947,
          31.320486
        ]
      },
      {
        "date": "2023-09-15",
        "close": 31.9067,
        "volume": 32144,
        "typical_volume": 97681.1,
        "trend": 30.909357,
        "fair_value": 30.527352,
        "relative_strength": -3.282961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.553691,
        "energy": 38.551049,
        "activity_lines": [
          31.900387,
          31.901624,
          31.732243,
          31.388518
        ]
      },
      {
        "date": "2023-09-22",
        "close": 31.25,
        "volume": 36558,
        "typical_volume": 62310.0,
        "trend": 30.96016,
        "fair_value": 30.549116,
        "relative_strength": -2.307652,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.169096,
        "energy": 24.574596,
        "activity_lines": [
          31.712153,
          31.77436,
          31.717754,
          31.410495
        ]
      },
      {
        "date": "2023-09-29",
        "close": 31.0756,
        "volume": 62836,
        "typical_volume": 56749.95,
        "trend": 30.994197,
        "fair_value": 30.568613,
        "relative_strength": -2.050544,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.042342,
        "energy": 11.469651,
        "activity_lines": [
          31.4768,
          31.629815,
          31.680607,
          31.417943
        ]
      },
      {
        "date": "2023-10-06",
        "close": 31.18,
        "volume": 39970,
        "typical_volume": 46149.85,
        "trend": 31.05663,
        "fair_value": 30.585039,
        "relative_strength": -2.064698,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.721392,
        "energy": 19.141203,
        "activity_lines": [
          31.31254,
          31.524513,
          31.648139,
          31.42993
        ]
      },
      {
        "date": "2023-10-13",
        "close": 31.3291,
        "volume": 53046,
        "typical_volume": 42686.35,
        "trend": 31.116373,
        "fair_value": 30.602121,
        "relative_strength": -1.909562,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.976373,
        "energy": 23.536669,
        "activity_lines": [
          31.2666,
          31.468175,
          31.625914,
          31.447509
        ]
      },
      {
        "date": "2023-10-20",
        "close": 30.7673,
        "volume": 639230,
        "typical_volume": 71939.0,
        "trend": 31.150787,
        "fair_value": 30.615762,
        "relative_strength": -1.209048,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.1328,
        "energy": 42.517563,
        "activity_lines": [
          31.07294,
          31.32018,
          31.545779,
          31.424988
        ]
      },
      {
        "date": "2023-10-27",
        "close": 30.163,
        "volume": 34315,
        "typical_volume": 71165.1,
        "trend": 31.148527,
        "fair_value": 30.631255,
        "relative_strength": -0.599462,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.586043,
        "energy": 62.428734,
        "activity_lines": [
          30.753807,
          31.082989,
          31.408528,
          31.36126
        ]
      },
      {
        "date": "2023-11-03",
        "close": 31.5324,
        "volume": 31410,
        "typical_volume": 70153.25,
        "trend": 31.194607,
        "fair_value": 30.648184,
        "relative_strength": -1.712583,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -13.68216,
        "energy": 23.786636,
        "activity_lines": [
          30.963607,
          31.117547,
          31.405444,
          31.386026
        ]
      },
      {
        "date": "2023-11-10",
        "close": 31.8485,
        "volume": 16057,
        "typical_volume": 68604.0,
        "trend": 31.249283,
        "fair_value": 30.665367,
        "relative_strength": -1.971719,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 14.212656,
        "energy": 14.053937,
        "activity_lines": [
          31.24832,
          31.211171,
          31.432213,
          31.428213
        ]
      },
      {
        "date": "2023-11-17",
        "close": 32.4261,
        "volume": 52101,
        "typical_volume": 66161.75,
        "trend": 31.32635,
        "fair_value": 30.686506,
        "relative_strength": -2.347657,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.354552,
        "energy": 32.343268,
        "activity_lines": [
          31.681,
          31.416373,
          31.511107,
          31.504136
        ]
      },
      {
        "date": "2023-11-24",
        "close": 32.684,
        "volume": 17769,
        "typical_volume": 64914.4,
        "trend": 31.40996,
        "fair_value": 30.707832,
        "relative_strength": -2.450869,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 75.43831,
        "energy": 55.052746,
        "activity_lines": [
          32.126513,
          31.659305,
          31.611481,
          31.591727
        ]
      },
      {
        "date": "2023-12-01",
        "close": 32.9052,
        "volume": 38452,
        "typical_volume": 65454.85,
        "trend": 31.507467,
        "fair_value": 30.729626,
        "relative_strength": -2.511842,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.600081,
        "energy": 81.231611,
        "activity_lines": [
          32.51798,
          31.928324,
          31.727427,
          31.688194
        ]
      },
      {
        "date": "2023-12-08",
        "close": 32.9789,
        "volume": 47864,
        "typical_volume": 66591.8,
        "trend": 31.607763,
        "fair_value": 30.752504,
        "relative_strength": -2.415432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.040088,
        "energy": 84.99895,
        "activity_lines": [
          32.7512,
          32.180647,
          31.846288,
          31.783125
        ]
      },
      {
        "date": "2023-12-15",
        "close": 33.5948,
        "volume": 43679,
        "typical_volume": 66281.6,
        "trend": 31.715947,
        "fair_value": 30.778466,
        "relative_strength": -2.783762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.164695,
        "energy": 90.922898,
        "activity_lines": [
          33.093287,
          32.510347,
          32.020049,
          31.911321
        ]
      },
      {
        "date": "2023-12-22",
        "close": 33.7052,
        "volume": 126671,
        "typical_volume": 69037.9,
        "trend": 31.825993,
        "fair_value": 30.804993,
        "relative_strength": -3.210247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.94154,
        "energy": 92.710856,
        "activity_lines": [
          33.355753,
          32.816215,
          32.19855,
          32.03966
        ]
      },
      {
        "date": "2023-12-29",
        "close": 33.863,
        "volume": 26250,
        "typical_volume": 69924.55,
        "trend": 31.92613,
        "fair_value": 30.831807,
        "relative_strength": -2.950174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.921516,
        "energy": 91.896258,
        "activity_lines": [
          33.585547,
          33.107571,
          32.383511,
          32.17108
        ]
      },
      {
        "date": "2024-01-05",
        "close": 33.5512,
        "volume": 29949,
        "typical_volume": 70685.95,
        "trend": 32.01283,
        "fair_value": 30.855725,
        "relative_strength": -2.19785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.860223,
        "energy": 86.489795,
        "activity_lines": [
          33.632807,
          33.285951,
          32.529451,
          32.275923
        ]
      },
      {
        "date": "2024-01-12",
        "close": 33.99,
        "volume": 33740,
        "typical_volume": 70788.4,
        "trend": 32.096513,
        "fair_value": 30.883387,
        "relative_strength": -2.621943,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.778123,
        "energy": 87.567634,
        "activity_lines": [
          33.783267,
          33.482509,
          32.70701,
          32.403482
        ]
      },
      {
        "date": "2024-01-19",
        "close": 34.2698,
        "volume": 22396,
        "typical_volume": 70281.5,
        "trend": 32.197417,
        "fair_value": 30.911975,
        "relative_strength": -2.862687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.478238,
        "energy": 87.188614,
        "activity_lines": [
          33.959587,
          33.685256,
          32.899931,
          32.543694
        ]
      },
      {
        "date": "2024-01-26",
        "close": 34.46,
        "volume": 25629,
        "typical_volume": 70503.3,
        "trend": 32.28678,
        "fair_value": 30.943828,
        "relative_strength": -3.202703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.540949,
        "energy": 89.399707,
        "activity_lines": [
          34.154307,
          33.878562,
          33.101154,
          32.689667
        ]
      },
      {
        "date": "2024-02-02",
        "close": 34.7346,
        "volume": 28268,
        "typical_volume": 70309.5,
        "trend": 32.393607,
        "fair_value": 30.97438,
        "relative_strength": -3.680208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.81072,
        "energy": 94.766114,
        "activity_lines": [
          34.39024,
          34.084815,
          33.316446,
          32.847591
        ]
      },
      {
        "date": "2024-02-09",
        "close": 34.9547,
        "volume": 39709,
        "typical_volume": 70467.05,
        "trend": 32.490647,
        "fair_value": 31.005754,
        "relative_strength": -4.252814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.59636,
        "energy": 94.518446,
        "activity_lines": [
          34.641433,
          34.293802,
          33.539233,
          33.012823
        ]
      },
      {
        "date": "2024-02-16",
        "close": 34.91,
        "volume": 35516,
        "typical_volume": 69101.05,
        "trend": 32.581313,
        "fair_value": 31.036844,
        "relative_strength": -3.915224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.835304,
        "energy": 91.849841,
        "activity_lines": [
          34.78416,
          34.457398,
          33.740121,
          33.16891
        ]
      },
      {
        "date": "2024-02-23",
        "close": 35.1887,
        "volume": 13115,
        "typical_volume": 67758.3,
        "trend": 32.67487,
        "fair_value": 31.07041,
        "relative_strength": -4.565772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.387286,
        "energy": 93.413774,
        "activity_lines": [
          34.958453,
          34.636556,
          33.949294,
          33.337129
        ]
      },
      {
        "date": "2024-03-01",
        "close": 35.315,
        "volume": 52686,
        "typical_volume": 67740.3,
        "trend": 32.788503,
        "fair_value": 31.104074,
        "relative_strength": -4.990024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.099081,
        "energy": 85.809209,
        "activity_lines": [
          35.113587,
          34.809698,
          34.151406,
          33.50746
        ]
      },
      {
        "date": "2024-03-08",
        "close": 35.2999,
        "volume": 23029,
        "typical_volume": 36930.25,
        "trend": 32.901683,
        "fair_value": 31.136708,
        "relative_strength": -4.615365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.891212,
        "energy": 74.552073,
        "activity_lines": [
          35.206687,
          34.950825,
          34.333099,
          33.669485
        ]
      },
      {
        "date": "2024-03-15",
        "close": 35.3312,
        "volume": 183701,
        "typical_volume": 44399.55,
        "trend": 33.032217,
        "fair_value": 31.169438,
        "relative_strength": -4.284384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.01284,
        "energy": 71.258252,
        "activity_lines": [
          35.272533,
          35.071518,
          34.49619,
          33.826228
        ]
      },
      {
        "date": "2024-03-22",
        "close": 35.54,
        "volume": 28891,
        "typical_volume": 44273.6,
        "trend": 33.162883,
        "fair_value": 31.203028,
        "relative_strength": -5.619296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.831615,
        "energy": 74.08727,
        "activity_lines": [
          35.38288,
          35.197811,
          34.654555,
          33.988021
        ]
      },
      {
        "date": "2024-03-29",
        "close": 35.6,
        "volume": 22978,
        "typical_volume": 44619.65,
        "trend": 33.275907,
        "fair_value": 31.236906,
        "relative_strength": -5.623819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.006328,
        "energy": 71.801908,
        "activity_lines": [
          35.471227,
          35.306831,
          34.799551,
          34.145254
        ]
      },
      {
        "date": "2024-04-05",
        "close": 35.63,
        "volume": 156264,
        "typical_volume": 49827.8,
        "trend": 33.399497,
        "fair_value": 31.270463,
        "relative_strength": -4.545441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.605688,
        "energy": 70.983084,
        "activity_lines": [
          35.542153,
          35.39712,
          34.92954,
          34.297131
        ]
      },
      {
        "date": "2024-04-12",
        "close": 35.55,
        "volume": 71753,
        "typical_volume": 52527.0,
        "trend": 33.52094,
        "fair_value": 31.303701,
        "relative_strength": -3.224686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.235205,
        "energy": 68.022368,
        "activity_lines": [
          35.565413,
          35.451591,
          35.036654,
          34.435873
        ]
      },
      {
        "date": "2024-04-19",
        "close": 35.361,
        "volume": 15876,
        "typical_volume": 51398.2,
        "trend": 33.657973,
        "fair_value": 31.335085,
        "relative_strength": -0.617024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.512777,
        "energy": 66.644527,
        "activity_lines": [
          35.509,
          35.456873,
          35.11212,
          34.554587
        ]
      },
      {
        "date": "2024-04-26",
        "close": 35.8028,
        "volume": 29057,
        "typical_volume": 50457.85,
        "trend": 33.815547,
        "fair_value": 31.369462,
        "relative_strength": -1.885751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.615656,
        "energy": 71.524057,
        "activity_lines": [
          35.597867,
          35.535095,
          35.217967,
          34.692963
        ]
      },
      {
        "date": "2024-05-03",
        "close": 36.29,
        "volume": 346368,
        "typical_volume": 65592.3,
        "trend": 33.98588,
        "fair_value": 31.405552,
        "relative_strength": -1.067453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.335721,
        "energy": 75.59877,
        "activity_lines": [
          35.831613,
          35.685665,
          35.356768,
          34.852605
        ]
      },
      {
        "date": "2024-05-10",
        "close": 36.7681,
        "volume": 466739,
        "typical_volume": 82595.7,
        "trend": 34.16718,
        "fair_value": 31.446373,
        "relative_strength": -1.515333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.753657,
        "energy": 77.578619,
        "activity_lines": [
          36.178727,
          35.90314,
          35.528267,
          35.032103
        ]
      },
      {
        "date": "2024-05-17",
        "close": 37.1501,
        "volume": 72603,
        "typical_volume": 84913.35,
        "trend": 34.37994,
        "fair_value": 31.490016,
        "relative_strength": -2.021308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.631541,
        "energy": 96.256979,
        "activity_lines": [
          36.5773,
          36.163649,
          35.721562,
          35.224549
        ]
      },
      {
        "date": "2024-05-24",
        "close": 37.1912,
        "volume": 85658,
        "typical_volume": 87698.8,
        "trend": 34.614213,
        "fair_value": 31.531754,
        "relative_strength": -1.826839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.301092,
        "energy": 96.185719,
        "activity_lines": [
          36.8829,
          36.397991,
          35.903119,
          35.405921
        ]
      },
      {
        "date": "2024-05-31",
        "close": 37.0989,
        "volume": 48550,
        "typical_volume": 88439.3,
        "trend": 34.799763,
        "fair_value": 31.572581,
        "relative_strength": -1.6116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.750452,
        "energy": 90.85724,
        "activity_lines": [
          37.03572,
          36.581733,
          36.058552,
          35.566223
        ]
      },
      {
        "date": "2024-06-07",
        "close": 37.4296,
        "volume": 44875,
        "typical_volume": 89563.25,
        "trend": 34.9858,
        "fair_value": 31.615078,
        "relative_strength": -1.890979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.361943,
        "energy": 90.424079,
        "activity_lines": [
          37.212367,
          36.797258,
          36.230676,
          35.73589
        ]
      },
      {
        "date": "2024-06-14",
        "close": 37.776,
        "volume": 51742,
        "typical_volume": 90868.9,
        "trend": 35.16413,
        "fair_value": 31.661976,
        "relative_strength": -2.509179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.724164,
        "energy": 76.169241,
        "activity_lines": [
          37.428507,
          37.0425,
          36.420743,
          35.915903
        ]
      },
      {
        "date": "2024-06-21",
        "close": 37.9093,
        "volume": 29708,
        "typical_volume": 90940.9,
        "trend": 35.338307,
        "fair_value": 31.70633,
        "relative_strength": -2.698267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.703479,
        "energy": 75.009177,
        "activity_lines": [
          37.621887,
          37.27296,
          36.607716,
          36.093011
        ]
      },
      {
        "date": "2024-06-28",
        "close": 37.9762,
        "volume": 61196,
        "typical_volume": 92015.25,
        "trend": 35.50734,
        "fair_value": 31.749062,
        "relative_strength": -2.398066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.405077,
        "energy": 73.140435,
        "activity_lines": [
          37.786953,
          37.472687,
          36.785942,
          36.263198
        ]
      },
      {
        "date": "2024-07-05",
        "close": 38.3707,
        "volume": 14869,
        "typical_volume": 90982.9,
        "trend": 35.687067,
        "fair_value": 31.793618,
        "relative_strength": -3.1398,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.715761,
        "energy": 75.312113,
        "activity_lines": [
          38.031187,
          37.696593,
          36.987351,
          36.447931
        ]
      },
      {
        "date": "2024-07-12",
        "close": 38.5522,
        "volume": 21068,
        "typical_volume": 91380.55,
        "trend": 35.852313,
        "fair_value": 31.840683,
        "relative_strength": -3.520976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.610732,
        "energy": 74.489527,
        "activity_lines": [
          38.251133,
          37.906809,
          37.189567,
          36.632778
        ]
      },
      {
        "date": "2024-07-19",
        "close": 38.1441,
        "volume": 22171,
        "typical_volume": 89854.8,
        "trend": 36.000277,
        "fair_value": 31.882953,
        "relative_strength": -2.558457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.123872,
        "energy": 67.814493,
        "activity_lines": [
          38.260207,
          38.001695,
          37.3369,
          36.780635
        ]
      },
      {
        "date": "2024-07-26",
        "close": 37.99,
        "volume": 48433,
        "typical_volume": 91125.0,
        "trend": 36.137843,
        "fair_value": 31.924053,
        "relative_strength": -2.085907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.098703,
        "energy": 65.853604,
        "activity_lines": [
          38.193373,
          38.043544,
          37.456084,
          36.909004
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.47,
        "volume": 25222,
        "typical_volume": 83201.05,
        "trend": 36.26847,
        "fair_value": 31.960976,
        "relative_strength": -1.278894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.232204,
        "energy": 52.388334,
        "activity_lines": [
          37.947827,
          37.975576,
          37.512934,
          36.99495
        ]
      },
      {
        "date": "2024-08-09",
        "close": 37.6382,
        "volume": 64892,
        "typical_volume": 85001.1,
        "trend": 36.390077,
        "fair_value": 31.997888,
        "relative_strength": -0.799435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.097707,
        "energy": 34.313716,
        "activity_lines": [
          37.792093,
          37.933122,
          37.575619,
          37.08332
        ]
      },
      {
        "date": "2024-08-16",
        "close": 38.5456,
        "volume": 27215,
        "typical_volume": 85212.95,
        "trend": 36.532603,
        "fair_value": 32.041578,
        "relative_strength": -2.224327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.528291,
        "energy": 41.392616,
        "activity_lines": [
          37.98766,
          38.045844,
          37.714731,
          37.222386
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.8691,
        "volume": 24269,
        "typical_volume": 78613.2,
        "trend": 36.679573,
        "fair_value": 32.084777,
        "relative_strength": -2.677095,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.834591,
        "energy": 53.519223,
        "activity_lines": [
          38.2915,
          38.197093,
          37.870627,
          37.373127
        ]
      },
      {
        "date": "2024-08-30",
        "close": 38.9907,
        "volume": 24493,
        "typical_volume": 76250.2,
        "trend": 36.821443,
        "fair_value": 32.128706,
        "relative_strength": -2.556158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.556492,
        "energy": 63.08811,
        "activity_lines": [
          38.58754,
          38.350576,
          38.022679,
          37.522232
        ]
      },
      {
        "date": "2024-09-06",
        "close": 37.9966,
        "volume": 24323,
        "typical_volume": 76672.55,
        "trend": 36.92284,
        "fair_value": 32.168172,
        "relative_strength": -0.879564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.718915,
        "energy": 52.935342,
        "activity_lines": [
          38.4855,
          38.303653,
          38.06367,
          37.598049
        ]
      },
      {
        "date": "2024-09-13",
        "close": 38.947,
        "volume": 418904,
        "typical_volume": 96164.9,
        "trend": 37.057407,
        "fair_value": 32.214111,
        "relative_strength": -2.223588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.628727,
        "energy": 57.634546,
        "activity_lines": [
          38.665153,
          38.429158,
          38.182625,
          37.72864
        ]
      },
      {
        "date": "2024-09-20",
        "close": 39.2698,
        "volume": 40947,
        "typical_volume": 80893.85,
        "trend": 37.193443,
        "fair_value": 32.261146,
        "relative_strength": -2.676402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.713805,
        "energy": 57.723489,
        "activity_lines": [
          38.865153,
          38.602876,
          38.317351,
          37.871375
        ]
      },
      {
        "date": "2024-09-27",
        "close": 39.3717,
        "volume": 23494,
        "typical_volume": 58731.6,
        "trend": 37.328667,
        "fair_value": 32.311646,
        "relative_strength": -2.847757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.528947,
        "energy": 57.305966,
        "activity_lines": [
          39.05084,
          38.782075,
          38.447592,
          38.011908
        ]
      },
      {
        "date": "2024-10-04",
        "close": 39.3987,
        "volume": 43182,
        "typical_volume": 57260.55,
        "trend": 37.465293,
        "fair_value": 32.361199,
        "relative_strength": -2.91063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.841062,
        "energy": 69.114502,
        "activity_lines": [
          39.21202,
          38.943862,
          38.568006,
          38.145458
        ]
      },
      {
        "date": "2024-10-11",
        "close": 39.6,
        "volume": 12071,
        "typical_volume": 53581.2,
        "trend": 37.607587,
        "fair_value": 32.409599,
        "relative_strength": -3.387729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.173972,
        "energy": 73.024517,
        "activity_lines": [
          39.4131,
          39.116636,
          38.696884,
          38.283181
        ]
      },
      {
        "date": "2024-10-18",
        "close": 39.8101,
        "volume": 21627,
        "typical_volume": 52235.05,
        "trend": 37.749923,
        "fair_value": 32.457355,
        "relative_strength": -3.551735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.79919,
        "energy": 76.260635,
        "activity_lines": [
          39.57732,
          39.288884,
          38.834301,
          38.425279
        ]
      },
      {
        "date": "2024-10-25",
        "close": 39.6737,
        "volume": 44066,
        "typical_volume": 52194.6,
        "trend": 37.885713,
        "fair_value": 32.502936,
        "relative_strength": -2.804041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.436985,
        "energy": 71.578582,
        "activity_lines": [
          39.638533,
          39.396842,
          38.945818,
          38.549393
        ]
      },
      {
        "date": "2024-11-01",
        "close": 39.4407,
        "volume": 17035,
        "typical_volume": 50459.25,
        "trend": 38.012737,
        "fair_value": 32.545761,
        "relative_strength": -1.901958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.005444,
        "energy": 62.507303,
        "activity_lines": [
          39.595153,
          39.441925,
          39.024457,
          38.649715
        ]
      },
      {
        "date": "2024-11-08",
        "close": 40.2719,
        "volume": 24592,
        "typical_volume": 50203.45,
        "trend": 38.170133,
        "fair_value": 32.593625,
        "relative_strength": -4.225387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.700525,
        "energy": 81.076436,
        "activity_lines": [
          39.82424,
          39.627744,
          39.174331,
          38.795468
        ]
      },
      {
        "date": "2024-11-15",
        "close": 40.0079,
        "volume": 37185,
        "typical_volume": 49002.9,
        "trend": 38.32503,
        "fair_value": 32.639692,
        "relative_strength": -2.709958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.637181,
        "energy": 79.327458,
        "activity_lines": [
          39.907113,
          39.742267,
          39.287812,
          38.914033
        ]
      },
      {
        "date": "2024-11-22",
        "close": 40.3143,
        "volume": 15281,
        "typical_volume": 49023.5,
        "trend": 38.475413,
        "fair_value": 32.690545,
        "relative_strength": -3.437699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.326509,
        "energy": 83.867418,
        "activity_lines": [
          40.064927,
          39.875931,
          39.4208,
          39.042373
        ]
      },
      {
        "date": "2024-11-29",
        "close": 40.545,
        "volume": 3972,
        "typical_volume": 48168.7,
        "trend": 38.617247,
        "fair_value": 32.744615,
        "relative_strength": -3.878554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.669724,
        "energy": 89.971838,
        "activity_lines": [
          40.266027,
          40.02668,
          39.566503,
          39.175895
        ]
      },
      {
        "date": "2024-12-06",
        "close": 40.6503,
        "volume": 19842,
        "typical_volume": 48052.25,
        "trend": 38.746653,
        "fair_value": 32.794134,
        "relative_strength": -4.311663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.496623,
        "energy": 91.244131,
        "activity_lines": [
          40.44414,
          40.173389,
          39.712745,
          39.30706
        ]
      },
      {
        "date": "2024-12-13",
        "close": 40.6161,
        "volume": 26985,
        "typical_volume": 46979.85,
        "trend": 38.862187,
        "fair_value": 32.845413,
        "relative_strength": -3.689076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.128406,
        "energy": 90.80192,
        "activity_lines": [
          40.530213,
          40.290633,
          39.843796,
          39.427669
        ]
      },
      {
        "date": "2024-12-20",
        "close": 40.288,
        "volume": 45108,
        "typical_volume": 47974.15,
        "trend": 38.965413,
        "fair_value": 32.892015,
        "relative_strength": -2.575208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.696626,
        "energy": 83.701088,
        "activity_lines": [
          40.483973,
          40.326087,
          39.931094,
          39.519657
        ]
      },
      {
        "date": "2024-12-27",
        "close": 40.5152,
        "volume": 11827,
        "typical_volume": 45320.9,
        "trend": 39.07929,
        "fair_value": 32.9391,
        "relative_strength": -2.552467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.992109,
        "energy": 65.150891,
        "activity_lines": [
          40.494793,
          40.390342,
          40.026611,
          39.619643
        ]
      },
      {
        "date": "2025-01-03",
        "close": 40.5461,
        "volume": 37693,
        "typical_volume": 45844.8,
        "trend": 39.183173,
        "fair_value": 32.987594,
        "relative_strength": -1.862581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.956634,
        "energy": 61.458801,
        "activity_lines": [
          40.50252,
          40.447395,
          40.111371,
          39.714276
        ]
      },
      {
        "date": "2025-01-10",
        "close": 40.2029,
        "volume": 18647,
        "typical_volume": 45563.7,
        "trend": 39.26407,
        "fair_value": 33.033906,
        "relative_strength": -0.691166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.943915,
        "energy": 45.216495,
        "activity_lines": [
          40.395773,
          40.426185,
          40.15392,
          39.780065
        ]
      },
      {
        "date": "2025-01-17",
        "close": 40.8081,
        "volume": 13582,
        "typical_volume": 45018.15,
        "trend": 39.360697,
        "fair_value": 33.091171,
        "relative_strength": -1.980208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.596134,
        "energy": 54.123696,
        "activity_lines": [
          40.520587,
          40.501155,
          40.247754,
          39.87968
        ]
      },
      {
        "date": "2025-01-24",
        "close": 41.0638,
        "volume": 5060,
        "typical_volume": 44055.0,
        "trend": 39.463617,
        "fair_value": 33.149306,
        "relative_strength": -2.942769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.432507,
        "energy": 59.800566,
        "activity_lines": [
          40.717833,
          40.612865,
          40.357287,
          39.989557
        ]
      },
      {
        "date": "2025-01-31",
        "close": 40.9589,
        "volume": 45003,
        "typical_volume": 25359.95,
        "trend": 39.54989,
        "fair_value": 33.204177,
        "relative_strength": -2.117417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.854572,
        "energy": 57.501704,
        "activity_lines": [
          40.828393,
          40.686305,
          40.442224,
          40.086027
        ]
      },
      {
        "date": "2025-02-07",
        "close": 41.04,
        "volume": 23652,
        "typical_volume": 24495.2,
        "trend": 39.632817,
        "fair_value": 33.261847,
        "relative_strength": -1.689014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.77908,
        "energy": 68.644145,
        "activity_lines": [
          40.936407,
          40.762771,
          40.525304,
          40.182163
        ]
      },
      {
        "date": "2025-02-14",
        "close": 41.2602,
        "volume": 22690,
        "typical_volume": 24455.0,
        "trend": 39.736687,
        "fair_value": 33.323317,
        "relative_strength": -2.525236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.206773,
        "energy": 80.708917,
        "activity_lines": [
          41.084893,
          40.870273,
          40.620926,
          40.287156
        ]
      },
      {
        "date": "2025-02-21",
        "close": 41.1011,
        "volume": 20788,
        "typical_volume": 23335.3,
        "trend": 39.84039,
        "fair_value": 33.382606,
        "relative_strength": -1.275828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.13704,
        "energy": 64.467076,
        "activity_lines": [
          41.10986,
          40.937758,
          40.692402,
          40.375183
        ]
      },
      {
        "date": "2025-02-28",
        "close": 40.9499,
        "volume": 14126,
        "typical_volume": 23438.05,
        "trend": 39.956387,
        "fair_value": 33.442442,
        "relative_strength": -0.662796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.625121,
        "energy": 51.647518,
        "activity_lines": [
          41.064893,
          40.968935,
          40.741372,
          40.446764
        ]
      },
      {
        "date": "2025-03-07",
        "close": 40.3428,
        "volume": 19079,
        "typical_volume": 23310.65,
        "trend": 40.04654,
        "fair_value": 33.502552,
        "relative_strength": 0.962256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.086215,
        "energy": 26.952012,
        "activity_lines": [
          40.825153,
          40.877695,
          40.726095,
          40.471694
        ]
      },
      {
        "date": "2025-03-14",
        "close": 39.7832,
        "volume": 28689,
        "typical_volume": 22541.8,
        "trend": 40.087793,
        "fair_value": 33.550072,
        "relative_strength": 1.860715,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 1.566303,
        "energy": 12.361684,
        "activity_lines": [
          40.439953,
          40.687844,
          40.654986,
          40.454704
        ]
      },
      {
        "date": "2025-03-21",
        "close": 39.941,
        "volume": 140932,
        "typical_volume": 28736.65,
        "trend": 40.123523,
        "fair_value": 33.596047,
        "relative_strength": 1.697061,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -7.257137,
        "energy": 24.391918,
        "activity_lines": [
          40.19114,
          40.540555,
          40.598384,
          40.445234
        ]
      },
      {
        "date": "2025-03-28",
        "close": 39.4584,
        "volume": 37657,
        "typical_volume": 29389.9,
        "trend": 40.139113,
        "fair_value": 33.638981,
        "relative_strength": 1.913835,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -38.162223,
        "energy": 41.681176,
        "activity_lines": [
          39.869407,
          40.310282,
          40.493438,
          40.402322
        ]
      },
      {
        "date": "2025-04-04",
        "close": 36.6,
        "volume": 37405,
        "typical_volume": 29400.9,
        "trend": 40.09256,
        "fair_value": 33.666097,
        "relative_strength": 3.875228,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -68.239021,
        "energy": 81.056275,
        "activity_lines": [
          38.704387,
          39.58484,
          40.120137,
          40.173992
        ]
      },
      {
        "date": "2025-04-11",
        "close": 38.216,
        "volume": 297686,
        "typical_volume": 43521.15,
        "trend": 40.068193,
        "fair_value": 33.707534,
        "relative_strength": 2.60866,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.727876,
        "energy": 80.889667,
        "activity_lines": [
          38.368027,
          39.234376,
          39.916969,
          40.052924
        ]
      },
      {
        "date": "2025-04-18",
        "close": 37.5002,
        "volume": 404625,
        "typical_volume": 63553.8,
        "trend": 40.009207,
        "fair_value": 33.749074,
        "relative_strength": 2.157507,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.587851,
        "energy": 85.791159,
        "activity_lines": [
          37.934853,
          38.803638,
          39.655621,
          39.887247
        ]
      },
      {
        "date": "2025-04-25",
        "close": 39.0,
        "volume": 55199,
        "typical_volume": 65321.65,
        "trend": 39.996817,
        "fair_value": 33.805484,
        "relative_strength": 1.582453,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.683363,
        "energy": 67.687017,
        "activity_lines": [
          38.153813,
          38.709951,
          39.551611,
          39.822137
        ]
      },
      {
        "date": "2025-05-02",
        "close": 39.91,
        "volume": 611455,
        "typical_volume": 94545.15,
        "trend": 40.01386,
        "fair_value": 33.868176,
        "relative_strength": 1.036748,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.581709,
        "energy": 34.771308,
        "activity_lines": [
          38.73884,
          38.822813,
          39.542126,
          39.816536
        ]
      },
      {
        "date": "2025-05-09",
        "close": 39.83,
        "volume": 175755,
        "typical_volume": 101077.5,
        "trend": 40.021527,
        "fair_value": 33.933369,
        "relative_strength": 1.292103,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.933844,
        "energy": 18.125723,
        "activity_lines": [
          39.267093,
          38.942785,
          39.528384,
          39.804674
        ]
      },
      {
        "date": "2025-05-16",
        "close": 41.17,
        "volume": 75056,
        "typical_volume": 104238.95,
        "trend": 40.066857,
        "fair_value": 34.011189,
        "relative_strength": -0.512909,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -3.377609,
        "energy": 18.255115,
        "activity_lines": [
          40.02668,
          39.326756,
          39.644442,
          39.878769
        ]
      },
      {
        "date": "2025-05-23",
        "close": 40.4951,
        "volume": 65039,
        "typical_volume": 105606.25,
        "trend": 40.094237,
        "fair_value": 34.076178,
        "relative_strength": 0.439661,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.496895,
        "energy": 22.11028,
        "activity_lines": [
          40.364367,
          39.572978,
          39.693106,
          39.906398
        ]
      },
      {
        "date": "2025-05-30",
        "close": 41.0375,
        "volume": 12270,
        "typical_volume": 105287.4,
        "trend": 40.147463,
        "fair_value": 34.14629,
        "relative_strength": 0.054238,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.901444,
        "energy": 29.565852,
        "activity_lines": [
          40.683193,
          39.904875,
          39.79367,
          39.967253
        ]
      },
      {
        "date": "2025-06-06",
        "close": 41.3987,
        "volume": 33855,
        "typical_volume": 106301.05,
        "trend": 40.185023,
        "fair_value": 34.225339,
        "relative_strength": -0.655927,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.377174,
        "energy": 38.232584,
        "activity_lines": [
          40.986587,
          40.282507,
          39.924659,
          40.047978
        ]
      },
      {
        "date": "2025-06-13",
        "close": 41.22,
        "volume": 12048,
        "typical_volume": 106650.45,
        "trend": 40.225427,
        "fair_value": 34.312134,
        "relative_strength": -0.690766,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.612192,
        "energy": 42.74337,
        "activity_lines": [
          41.131167,
          40.592371,
          40.035817,
          40.114751
        ]
      },
      {
        "date": "2025-06-20",
        "close": 41.3174,
        "volume": 13652,
        "typical_volume": 105082.9,
        "trend": 40.258863,
        "fair_value": 34.390451,
        "relative_strength": -0.269539,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.302526,
        "energy": 40.470542,
        "activity_lines": [
          41.215547,
          40.835944,
          40.155508,
          40.185201
        ]
      },
      {
        "date": "2025-06-27",
        "close": 42.1166,
        "volume": 42122,
        "typical_volume": 106006.4,
        "trend": 40.31125,
        "fair_value": 34.477352,
        "relative_strength": -1.69264,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.198769,
        "energy": 52.229766,
        "activity_lines": [
          41.5565,
          41.168436,
          40.349605,
          40.305055
        ]
      },
      {
        "date": "2025-07-04",
        "close": 42.3939,
        "volume": 16754,
        "typical_volume": 105709.6,
        "trend": 40.36937,
        "fair_value": 34.563467,
        "relative_strength": -2.635433,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 76.128223,
        "energy": 73.611747,
        "activity_lines": [
          41.881787,
          41.467413,
          40.564986,
          40.439419
        ]
      },
      {
        "date": "2025-07-11",
        "close": 42.4134,
        "volume": 25482,
        "typical_volume": 105944.3,
        "trend": 40.42928,
        "fair_value": 34.650796,
        "relative_strength": -2.27642,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.24604,
        "energy": 82.343317,
        "activity_lines": [
          42.123147,
          41.708227,
          40.776825,
          40.571292
        ]
      },
      {
        "date": "2025-07-18",
        "close": 42.5393,
        "volume": 20049,
        "typical_volume": 106240.45,
        "trend": 40.504323,
        "fair_value": 34.735403,
        "relative_strength": -2.535837,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.357852,
        "energy": 86.41862,
        "activity_lines": [
          42.338827,
          41.926416,
          40.994405,
          40.707423
        ]
      },
      {
        "date": "2025-07-25",
        "close": 42.8606,
        "volume": 10865,
        "typical_volume": 105829.75,
        "trend": 40.582503,
        "fair_value": 34.815963,
        "relative_strength": -3.176828,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.893904,
        "energy": 91.312399,
        "activity_lines": [
          42.573653,
          42.153764,
          41.235017,
          40.85944
        ]
      },
      {
        "date": "2025-08-01",
        "close": 42.4531,
        "volume": 10633,
        "typical_volume": 104926.95,
        "trend": 40.64607,
        "fair_value": 34.893403,
        "relative_strength": -1.645916,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.698613,
        "energy": 86.802208,
        "activity_lines": [
          42.569767,
          42.276282,
          41.42483,
          40.980124
        ]
      },
      {
        "date": "2025-08-08",
        "close": 42.9411,
        "volume": 11660,
        "typical_volume": 98463.35,
        "trend": 40.737343,
        "fair_value": 34.969628,
        "relative_strength": -2.818723,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.969192,
        "energy": 90.020259,
        "activity_lines": [
          42.706113,
          42.451927,
          41.648405,
          41.128191
        ]
      },
      {
        "date": "2025-08-15",
        "close": 43.1302,
        "volume": 7545,
        "typical_volume": 96957.75,
        "trend": 40.814747,
        "fair_value": 35.048049,
        "relative_strength": -3.24995,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.160288,
        "energy": 92.031055,
        "activity_lines": [
          42.869013,
          42.627344,
          41.875704,
          41.282568
        ]
      },
      {
        "date": "2025-08-22",
        "close": 43.248,
        "volume": 45354,
        "typical_volume": 97355.2,
        "trend": 40.887553,
        "fair_value": 35.132969,
        "relative_strength": -3.186584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.333475,
        "energy": 91.377934,
        "activity_lines": [
          43.023393,
          42.792696,
          42.096737,
          41.439552
        ]
      },
      {
        "date": "2025-08-29",
        "close": 43.2631,
        "volume": 12315,
        "typical_volume": 83086.65,
        "trend": 40.96436,
        "fair_value": 35.222882,
        "relative_strength": -3.033965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.049133,
        "energy": 90.366425,
        "activity_lines": [
          43.13556,
          42.923922,
          42.28755,
          41.592814
        ]
      },
      {
        "date": "2025-09-05",
        "close": 43.383,
        "volume": 12478,
        "typical_volume": 63479.3,
        "trend": 41.04246,
        "fair_value": 35.308222,
        "relative_strength": -2.981939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.944083,
        "energy": 90.306469,
        "activity_lines": [
          43.26086,
          43.041571,
          42.46575,
          41.748855
        ]
      },
      {
        "date": "2025-09-12",
        "close": 43.6431,
        "volume": 19068,
        "typical_volume": 61672.75,
        "trend": 41.12189,
        "fair_value": 35.402164,
        "relative_strength": -3.809072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.724973,
        "energy": 89.918803,
        "activity_lines": [
          43.410867,
          43.183485,
          42.640707,
          41.916638
        ]
      },
      {
        "date": "2025-09-19",
        "close": 43.7754,
        "volume": 9286,
        "typical_volume": 31564.3,
        "trend": 41.211033,
        "fair_value": 35.503552,
        "relative_strength": -4.589104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.346997,
        "energy": 86.120082,
        "activity_lines": [
          43.558173,
          43.326742,
          42.806154,
          42.087832
        ]
      },
      {
        "date": "2025-09-26",
        "close": 43.7477,
        "volume": 14433,
        "typical_volume": 23498.2,
        "trend": 41.304293,
        "fair_value": 35.608217,
        "relative_strength": -4.282027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.029692,
        "energy": 88.426096,
        "activity_lines": [
          43.653233,
          43.440198,
          42.950556,
          42.251488
        ]
      },
      {
        "date": "2025-10-03",
        "close": 43.86,
        "volume": 17747,
        "typical_volume": 20632.75,
        "trend": 41.421533,
        "fair_value": 35.711645,
        "relative_strength": -4.988785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.179361,
        "energy": 86.442745,
        "activity_lines": [
          43.752413,
          43.552102,
          43.086998,
          42.416372
        ]
      },
      {
        "date": "2025-10-10",
        "close": 43.49,
        "volume": 6043,
        "typical_volume": 17682.95,
        "trend": 41.545093,
        "fair_value": 35.814722,
        "relative_strength": -3.385798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.903408,
        "energy": 67.28949,
        "activity_lines": [
          43.688467,
          43.578562,
          43.175392,
          42.549822
        ]
      },
      {
        "date": "2025-10-17",
        "close": 43.7832,
        "volume": 35245,
        "typical_volume": 18831.7,
        "trend": 41.673167,
        "fair_value": 35.913526,
        "relative_strength": -4.318277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.289208,
        "energy": 67.637501,
        "activity_lines": [
          43.71512,
          43.639478,
          43.277449,
          42.694216
        ]
      },
      {
        "date": "2025-10-24",
        "close": 44.1534,
        "volume": 14233,
        "typical_volume": 17850.6,
        "trend": 41.829667,
        "fair_value": 36.009496,
        "relative_strength": -5.231645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.065678,
        "energy": 72.527337,
        "activity_lines": [
          43.855833,
          43.752393,
          43.401688,
          42.854231
        ]
      },
      {
        "date": "2025-10-31",
        "close": 44.1385,
        "volume": 13311,
        "typical_volume": 17913.75,
        "trend": 42.08095,
        "fair_value": 36.109615,
        "relative_strength": -5.795023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.375597,
        "energy": 70.855368,
        "activity_lines": [
          43.96638,
          43.843995,
          43.51139,
          43.003188
        ]
      },
      {
        "date": "2025-11-07",
        "close": 43.9798,
        "volume": 6398,
        "typical_volume": 17551.05,
        "trend": 42.273077,
        "fair_value": 36.200977,
        "relative_strength": -4.513012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.339003,
        "energy": 66.484491,
        "activity_lines": [
          43.997973,
          43.890551,
          43.592081,
          43.125694
        ]
      },
      {
        "date": "2025-11-14",
        "close": 44.0,
        "volume": 16153,
        "typical_volume": 16252.6,
        "trend": 42.489737,
        "fair_value": 36.293454,
        "relative_strength": -4.508103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.689494,
        "energy": 65.501522,
        "activity_lines": [
          44.028313,
          43.927749,
          43.662017,
          43.237109
        ]
      },
      {
        "date": "2025-11-21",
        "close": 43.7449,
        "volume": 24842,
        "typical_volume": 16657.0,
        "trend": 42.6479,
        "fair_value": 36.382149,
        "relative_strength": -3.145296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.212469,
        "energy": 58.393519,
        "activity_lines": [
          43.93962,
          43.907347,
          43.69869,
          43.318087
        ]
      },
      {
        "date": "2025-11-28",
        "close": 44.3866,
        "volume": 5000,
        "typical_volume": 15632.9,
        "trend": 42.79712,
        "fair_value": 36.47341,
        "relative_strength": -5.143703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.455307,
        "energy": 62.031173,
        "activity_lines": [
          44.06738,
          44.001767,
          43.790043,
          43.430261
        ]
      },
      {
        "date": "2025-12-05",
        "close": 44.5264,
        "volume": 19957,
        "typical_volume": 15628.3,
        "trend": 42.953667,
        "fair_value": 36.570151,
        "relative_strength": -5.090735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.938984,
        "energy": 67.29206,
        "activity_lines": [
          44.226193,
          44.110493,
          43.885314,
          43.541828
        ]
      },
      {
        "date": "2025-12-12",
        "close": 44.5302,
        "volume": 40516,
        "typical_volume": 17110.85,
        "trend": 43.065673,
        "fair_value": 36.669289,
        "relative_strength": -4.462466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.076284,
        "energy": 68.043073,
        "activity_lines": [
          44.360413,
          44.205751,
          43.971485,
          43.64354
        ]
      },
      {
        "date": "2025-12-19",
        "close": 44.7016,
        "volume": 11665,
        "typical_volume": 17162.45,
        "trend": 43.20589,
        "fair_value": 36.770069,
        "relative_strength": -4.122511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.038643,
        "energy": 83.529454,
        "activity_lines": [
          44.515073,
          44.319987,
          44.06603,
          43.749083
        ]
      },
      {
        "date": "2025-12-26",
        "close": 44.8974,
        "volume": 3969,
        "typical_volume": 16777.9,
        "trend": 43.334553,
        "fair_value": 36.871915,
        "relative_strength": -4.955775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.148275,
        "energy": 90.576699,
        "activity_lines": [
          44.688227,
          44.447795,
          44.168514,
          43.858213
        ]
      },
      {
        "date": "2026-01-02",
        "close": 44.8461,
        "volume": 3899,
        "typical_volume": 16595.6,
        "trend": 43.449467,
        "fair_value": 36.97153,
        "relative_strength": -3.973577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.929731,
        "energy": 84.874997,
        "activity_lines": [
          44.767447,
          44.546016,
          44.256798,
          43.955732
        ]
      },
      {
        "date": "2026-01-09",
        "close": 45.085,
        "volume": 29395,
        "typical_volume": 15797.65,
        "trend": 43.5783,
        "fair_value": 37.069547,
        "relative_strength": -4.841311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.592911,
        "energy": 89.690282,
        "activity_lines": [
          44.895667,
          44.67508,
          44.359662,
          44.06125
        ]
      },
      {
        "date": "2026-01-16",
        "close": 45.067,
        "volume": 22711,
        "typical_volume": 16317.45,
        "trend": 43.703287,
        "fair_value": 37.168364,
        "relative_strength": -4.442048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.463342,
        "energy": 86.852922,
        "activity_lines": [
          44.980647,
          44.783662,
          44.452065,
          44.157295
        ]
      },
      {
        "date": "2026-01-23",
        "close": 45.1054,
        "volume": 4962,
        "typical_volume": 15941.65,
        "trend": 43.802913,
        "fair_value": 37.264458,
        "relative_strength": -3.945139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.444451,
        "energy": 79.68508,
        "activity_lines": [
          45.04264,
          44.879458,
          44.539535,
          44.247754
        ]
      },
      {
        "date": "2026-01-30",
        "close": 45.1333,
        "volume": 26099,
        "typical_volume": 16293.2,
        "trend": 43.894227,
        "fair_value": 37.35844,
        "relative_strength": -4.168094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.867754,
        "energy": 73.012223,
        "activity_lines": [
          45.087013,
          44.960229,
          44.62146,
          44.333586
        ]
      },
      {
        "date": "2026-02-06",
        "close": 45.2097,
        "volume": 229891,
        "typical_volume": 27323.45,
        "trend": 43.987437,
        "fair_value": 37.454103,
        "relative_strength": -3.718939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.200592,
        "energy": 68.084983,
        "activity_lines": [
          45.141127,
          45.029647,
          44.703566,
          44.418455
        ]
      },
      {
        "date": "2026-02-13",
        "close": 45.0664,
        "volume": 10169,
        "typical_volume": 27110.25,
        "trend": 44.071673,
        "fair_value": 37.549451,
        "relative_strength": -2.710434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.191473,
        "energy": 63.749566,
        "activity_lines": [
          45.123233,
          45.058045,
          44.765193,
          44.488066
        ]
      },
      {
        "date": "2026-02-20",
        "close": 45.2649,
        "volume": 16443,
        "typical_volume": 27045.05,
        "trend": 44.151817,
        "fair_value": 37.64906,
        "relative_strength": -3.270382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.366233,
        "energy": 66.34146,
        "activity_lines": [
          45.172747,
          45.112716,
          44.839446,
          44.565048
        ]
      },
      {
        "date": "2026-02-27",
        "close": 45.2916,
        "volume": 34084,
        "typical_volume": 28447.1,
        "trend": 44.246433,
        "fair_value": 37.746734,
        "relative_strength": -2.625853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.503013,
        "energy": 66.288395,
        "activity_lines": [
          45.217967,
          45.158884,
          44.909552,
          44.638582
        ]
      },
      {
        "date": "2026-03-06",
        "close": 44.9158,
        "volume": 22911,
        "typical_volume": 27830.4,
        "trend": 44.312257,
        "fair_value": 37.84679,
        "relative_strength": -1.365342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.111138,
        "energy": 47.631526,
        "activity_lines": [
          45.125507,
          45.125996,
          44.935288,
          44.681767
        ]
      },
      {
        "date": "2026-03-13",
        "close": 44.7928,
        "volume": 7357,
        "typical_volume": 27486.6,
        "trend": 44.367677,
        "fair_value": 37.944585,
        "relative_strength": -0.026686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.882119,
        "energy": 34.103979,
        "activity_lines": [
          45.006547,
          45.070411,
          44.943917,
          44.71277
        ]
      },
      {
        "date": "2026-03-20",
        "close": 44.5457,
        "volume": 25360,
        "typical_volume": 28089.05,
        "trend": 44.410933,
        "fair_value": 38.039526,
        "relative_strength": 1.3292,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.096068,
        "energy": 18.436442,
        "activity_lines": [
          44.833013,
          44.970867,
          44.925967,
          44.724255
        ]
      },
      {
        "date": "2026-03-27",
        "close": 44.1023,
        "volume": 15461,
        "typical_volume": 28542.2,
        "trend": 44.438907,
        "fair_value": 38.128446,
        "relative_strength": 2.677747,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -17.703695,
        "energy": 30.682311,
        "activity_lines": [
          44.546393,
          44.800511,
          44.86385,
          44.704344
        ]
      },
      {
        "date": "2026-04-03",
        "close": 45.113,
        "volume": 16241,
        "typical_volume": 28546.6,
        "trend": 44.496573,
        "fair_value": 38.224363,
        "relative_strength": 1.678454,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.933135,
        "energy": 23.041956,
        "activity_lines": [
          44.67418,
          44.831458,
          44.897407,
          44.747834
        ]
      },
      {
        "date": "2026-04-10",
        "close": 45.8107,
        "volume": 26611,
        "typical_volume": 28635.05,
        "trend": 44.568827,
        "fair_value": 38.324379,
        "relative_strength": -0.198785,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.262145,
        "energy": 25.839667,
        "activity_lines": [
          45.04644,
          44.989122,
          44.992111,
          44.832616
        ]
      },
      {
        "date": "2026-04-17",
        "close": 46.0751,
        "volume": 11048,
        "typical_volume": 28937.45,
        "trend": 44.645483,
        "fair_value": 38.426693,
        "relative_strength": -3.76284,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 77.013812,
        "energy": 61.808031,
        "activity_lines": [
          45.447173,
          45.182542,
          45.102159,
          44.929795
        ]
      },
      {
        "date": "2026-04-24",
        "close": 46.105,
        "volume": 11006,
        "typical_volume": 28489.9,
        "trend": 44.72406,
        "fair_value": 38.528804,
        "relative_strength": -4.019638,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.622175,
        "energy": 81.551101,
        "activity_lines": [
          45.772387,
          45.365664,
          45.207014,
          45.023957
        ]
      },
      {
        "date": "2026-05-01",
        "close": 46.2,
        "volume": 858849,
        "typical_volume": 69406.55,
        "trend": 44.80206,
        "fair_value": 38.632778,
        "relative_strength": -4.523176,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.714617,
        "energy": 85.514852,
        "activity_lines": [
          46.025313,
          45.547175,
          45.3134,
          45.119179
        ]
      },
      {
        "date": "2026-05-08",
        "close": 46.83,
        "volume": 268612,
        "typical_volume": 82253.9,
        "trend": 44.913393,
        "fair_value": 38.740855,
        "relative_strength": -5.233346,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.543614,
        "energy": 92.730895,
        "activity_lines": [
          46.348393,
          45.826229,
          45.471834,
          45.250014
        ]
      },
      {
        "date": "2026-05-15",
        "close": 46.859,
        "volume": 147280,
        "typical_volume": 89419.45,
        "trend": 45.01592,
        "fair_value": 38.846687,
        "relative_strength": -5.191514,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.787184,
        "energy": 90.384098,
        "activity_lines": [
          46.566673,
          46.082585,
          45.622895,
          45.375537
        ]
      },
      {
        "date": "2026-05-22",
        "close": 47.17,
        "volume": 837069,
        "typical_volume": 131077.95,
        "trend": 45.116473,
        "fair_value": 38.954162,
        "relative_strength": -5.186772,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.610157,
        "energy": 90.550783,
        "activity_lines": [
          46.818733,
          46.360156,
          45.794234,
          45.51451
        ]
      },
      {
        "date": "2026-05-29",
        "close": 47.59,
        "volume": 296479,
        "typical_volume": 144432.15,
        "trend": 45.231523,
        "fair_value": 39.061413,
        "relative_strength": -5.50859,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.008468,
        "energy": 91.954833,
        "activity_lines": [
          47.1378,
          46.670869,
          45.994507,
          45.674092
        ]
      },
      {
        "date": "2026-06-05",
        "close": 46.86,
        "volume": 391690,
        "typical_volume": 162881.1,
        "trend": 45.32753,
        "fair_value": 39.163399,
        "relative_strength": -4.394515,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.058899,
        "energy": 69.828876,
        "activity_lines": [
          47.114533,
          46.793504,
          46.113328,
          45.779155
        ]
      },
      {
        "date": "2026-06-12",
        "close": 47.0584,
        "volume": 39327,
        "typical_volume": 164599.35,
        "trend": 45.429477,
        "fair_value": 39.263263,
        "relative_strength": -4.356377,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.774865,
        "energy": 60.654139,
        "activity_lines": [
          47.1134,
          46.902071,
          46.242505,
          45.890824
        ]
      },
      {
        "date": "2026-06-19",
        "close": 47.4083,
        "volume": 22451,
        "typical_volume": 164416.95,
        "trend": 45.55159,
        "fair_value": 39.366889,
        "relative_strength": -4.344179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.55854,
        "energy": 61.569114,
        "activity_lines": [
          47.213673,
          47.038885,
          46.395707,
          46.01849
        ]
      },
      {
        "date": "2026-06-26",
        "close": 46.75,
        "volume": 47326,
        "typical_volume": 155288.7,
        "trend": 45.63037,
        "fair_value": 39.462856,
        "relative_strength": -3.232129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.216526,
        "energy": 47.750543,
        "activity_lines": [
          47.057893,
          47.026962,
          46.47538,
          46.095807
        ]
      },
      {
        "date": "2026-07-03",
        "close": 47.3369,
        "volume": 42823,
        "typical_volume": 156921.4,
        "trend": 45.724053,
        "fair_value": 39.564184,
        "relative_strength": -3.955707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.110752,
        "energy": 51.802158,
        "activity_lines": [
          47.125747,
          47.109476,
          46.603613,
          46.205906
        ]
      },
      {
        "date": "2026-07-10",
        "close": 47.74,
        "volume": 23661,
        "typical_volume": 157282.3,
        "trend": 45.831047,
        "fair_value": 39.664803,
        "relative_strength": -4.288939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.530887,
        "energy": 59.376171,
        "activity_lines": [
          47.34484,
          47.242884,
          46.759425,
          46.335967
        ]
      },
      {
        "date": "2026-07-17",
        "close": 47.37,
        "volume": 131915,
        "typical_volume": 162173.85,
        "trend": 45.919993,
        "fair_value": 39.76211,
        "relative_strength": -3.405932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.756195,
        "energy": 49.950102,
        "activity_lines": [
          47.381933,
          47.281018,
          46.868212,
          46.435254
        ]
      },
      {
        "date": "2026-07-24",
        "close": 47.1766,
        "volume": 31520,
        "typical_volume": 162604.3,
        "trend": 45.995967,
        "fair_value": 39.856947,
        "relative_strength": -3.11482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.853348,
        "energy": 47.260528,
        "activity_lines": [
          47.333787,
          47.274171,
          46.948684,
          46.516326
        ]
      },
      {
        "date": "2026-07-31",
        "close": 47.65,
        "volume": 42554,
        "typical_volume": 164364.15,
        "trend": 46.08943,
        "fair_value": 39.957871,
        "relative_strength": -3.055084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.100496,
        "energy": 48.534178,
        "activity_lines": [
          47.458887,
          47.347622,
          47.063475,
          46.623037
        ]
      },
      {
        "date": "2026-08-07",
        "close": 48.5232,
        "volume": 24319,
        "typical_volume": 164312.1,
        "trend": 46.204037,
        "fair_value": 40.064401,
        "relative_strength": -4.476933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.321708,
        "energy": 59.043897,
        "activity_lines": [
          47.815053,
          47.571109,
          47.247823,
          46.780055
        ]
      }
    ],
    "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."
    }
  }
}