{
  "ticker": {
    "uuid": "87902918-30af-4c42-9d5e-5a868ec6976e",
    "symbol": "NWSA",
    "name": "News Corp A",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "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": 77.071,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 67.02,
    "architecture_energy": 58.249,
    "architecture_maturity": 14.866,
    "architecture_confidence": 72.149,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 18.94,
        "rotation_up": 67.59,
        "upward_expansion": 86.91,
        "deceleration": 44.53,
        "rotation_down": 12.9,
        "downward_expansion": 11.24
      },
      "activity_lines": [
        27.823333,
        27.27,
        26.754381,
        26.228433
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 28.52,
    "trend_reference": 25.674566,
    "distance_from_trend": 0.110827,
    "trend_direction": "Improving",
    "fair_value": 25.913976,
    "distance_from_fair_value": 0.100564,
    "fair_value_direction": "Improving",
    "relative_strength": -5.623881,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.272785,
    "excess_performance": 0.085331,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.110827,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.011191,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.100564,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.031511,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.056239,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.110567,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.272785,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.353801,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 27976402,
      "relative_activity": 1.185464,
      "balance": 1.353801,
      "dry_up": 0.80525,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.066588,
      "annualized_volatility": 0.219415,
      "from_high_reference": -0.094032,
      "from_low_reference": 0.289985
    },
    "levels": {
      "trend_reference": 25.674566,
      "fair_value_reference": 25.913976,
      "structural_low": 22.108792,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.015434,
        "positive_rate": 0.44,
        "directional_follow_through": 0.44,
        "median_excess_return": -0.02222,
        "regime_survival": 0.72,
        "best_return": 0.127473,
        "worst_return": -0.150097,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.009591,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.031778,
        "regime_survival": 0.444444,
        "best_return": 0.223541,
        "worst_return": -0.124252,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.039727,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.083503,
        "regime_survival": 0.5,
        "best_return": 0.245426,
        "worst_return": -0.221895,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.171353,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.170634,
        "regime_survival": 0.666667,
        "best_return": 0.335215,
        "worst_return": -0.118722,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.096552,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.019979,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.014455,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.052075,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.016587,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.059872,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-10-03",
        "tenure": "Established",
        "return": -0.035929,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-10",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": 0.014352,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": -0.05255,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.065984,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.001527,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.064397,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-26",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.118851,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.06577,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 20.272885,
        "volume": 15274832,
        "typical_volume": 11382849.5,
        "trend": 18.140053,
        "fair_value": 19.289434,
        "relative_strength": -0.94331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.455764,
        "energy": 69.831988,
        "activity_lines": [
          19.974065,
          19.652163,
          19.07514,
          18.541269
        ]
      },
      {
        "date": "2023-08-25",
        "close": 20.253354,
        "volume": 9687482,
        "typical_volume": 11305931.7,
        "trend": 18.151387,
        "fair_value": 19.326752,
        "relative_strength": -2.666411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.029225,
        "energy": 73.480835,
        "activity_lines": [
          20.1557,
          19.807343,
          19.243337,
          18.677611
        ]
      },
      {
        "date": "2023-09-01",
        "close": 20.780683,
        "volume": 10661594,
        "typical_volume": 11377461.0,
        "trend": 18.159271,
        "fair_value": 19.369299,
        "relative_strength": -3.695623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.554376,
        "energy": 80.578668,
        "activity_lines": [
          20.442151,
          20.037628,
          19.445619,
          18.847243
        ]
      },
      {
        "date": "2023-09-08",
        "close": 20.565845,
        "volume": 9003422,
        "typical_volume": 11260567.55,
        "trend": 18.241188,
        "fair_value": 19.409802,
        "relative_strength": -3.407229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.019207,
        "energy": 66.994507,
        "activity_lines": [
          20.533294,
          20.184109,
          19.609398,
          19.002506
        ]
      },
      {
        "date": "2023-09-15",
        "close": 19.899268,
        "volume": 12035867,
        "typical_volume": 11347098.75,
        "trend": 18.289887,
        "fair_value": 19.441896,
        "relative_strength": -6.02301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.040606,
        "energy": 49.523171,
        "activity_lines": [
          20.325424,
          20.181695,
          19.692116,
          19.109479
        ]
      },
      {
        "date": "2023-09-22",
        "close": 19.310532,
        "volume": 15471914,
        "typical_volume": 11454620.0,
        "trend": 18.369425,
        "fair_value": 19.479616,
        "relative_strength": -5.640525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.319367,
        "energy": 33.981443,
        "activity_lines": [
          19.977466,
          20.060389,
          19.705895,
          19.175327
        ]
      },
      {
        "date": "2023-09-29",
        "close": 19.683398,
        "volume": 12455137,
        "typical_volume": 11275106.25,
        "trend": 18.467214,
        "fair_value": 19.519024,
        "relative_strength": -3.905519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.158502,
        "energy": 22.180361,
        "activity_lines": [
          19.817953,
          20.014608,
          19.742841,
          19.260099
        ]
      },
      {
        "date": "2023-10-06",
        "close": 19.781521,
        "volume": 13198864,
        "typical_volume": 11317193.1,
        "trend": 18.608708,
        "fair_value": 19.558878,
        "relative_strength": -5.058312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.357703,
        "energy": 22.543244,
        "activity_lines": [
          19.729145,
          19.977677,
          19.779848,
          19.344893
        ]
      },
      {
        "date": "2023-10-13",
        "close": 20.517441,
        "volume": 20280219,
        "typical_volume": 11889232.35,
        "trend": 18.774733,
        "fair_value": 19.604578,
        "relative_strength": -1.606844,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.656688,
        "energy": 22.840009,
        "activity_lines": [
          19.952254,
          20.058982,
          19.879146,
          19.468037
        ]
      },
      {
        "date": "2023-10-20",
        "close": 20.811809,
        "volume": 25751624,
        "typical_volume": 12696594.7,
        "trend": 18.94048,
        "fair_value": 19.652654,
        "relative_strength": 2.891412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.368493,
        "energy": 37.375721,
        "activity_lines": [
          20.276713,
          20.173738,
          19.994991,
          19.599462
        ]
      },
      {
        "date": "2023-10-27",
        "close": 19.840395,
        "volume": 13457138,
        "typical_volume": 12697599.1,
        "trend": 19.039667,
        "fair_value": 19.699691,
        "relative_strength": 0.771732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.460579,
        "energy": 30.444568,
        "activity_lines": [
          20.216532,
          20.110596,
          20.006639,
          19.657521
        ]
      },
      {
        "date": "2023-11-03",
        "close": 21.518292,
        "volume": 17814797,
        "typical_volume": 12821833.8,
        "trend": 19.194785,
        "fair_value": 19.745093,
        "relative_strength": 2.741865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.769893,
        "energy": 49.976034,
        "activity_lines": [
          20.680325,
          20.36039,
          20.172939,
          19.817432
        ]
      },
      {
        "date": "2023-11-10",
        "close": 20.527253,
        "volume": 19113078,
        "typical_volume": 13440842.65,
        "trend": 19.312636,
        "fair_value": 19.773033,
        "relative_strength": -4.52973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.330237,
        "energy": 41.657994,
        "activity_lines": [
          20.691445,
          20.406996,
          20.23339,
          19.903398
        ]
      },
      {
        "date": "2023-11-17",
        "close": 20.635188,
        "volume": 13507296,
        "typical_volume": 13764208.3,
        "trend": 19.437991,
        "fair_value": 19.798369,
        "relative_strength": -5.683448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.584142,
        "energy": 33.575062,
        "activity_lines": [
          20.688828,
          20.477835,
          20.293609,
          19.988724
        ]
      },
      {
        "date": "2023-11-24",
        "close": 21.59679,
        "volume": 7561335,
        "typical_volume": 13723188.0,
        "trend": 19.584657,
        "fair_value": 19.828709,
        "relative_strength": -1.939042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.795545,
        "energy": 54.590176,
        "activity_lines": [
          20.998896,
          20.72225,
          20.437824,
          20.128001
        ]
      },
      {
        "date": "2023-12-01",
        "close": 21.734161,
        "volume": 15500727,
        "typical_volume": 14078009.15,
        "trend": 19.751853,
        "fair_value": 19.85404,
        "relative_strength": -1.151156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.558731,
        "energy": 50.950633,
        "activity_lines": [
          21.302422,
          20.960777,
          20.583936,
          20.266679
        ]
      },
      {
        "date": "2023-12-08",
        "close": 21.528104,
        "volume": 10695995,
        "typical_volume": 14081992.4,
        "trend": 19.878326,
        "fair_value": 19.882413,
        "relative_strength": -2.390922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.345854,
        "energy": 50.927858,
        "activity_lines": [
          21.411011,
          21.117773,
          20.700907,
          20.381276
        ]
      },
      {
        "date": "2023-12-15",
        "close": 22.960694,
        "volume": 16784547,
        "typical_volume": 14412311.75,
        "trend": 20.038882,
        "fair_value": 19.923694,
        "relative_strength": 0.959385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.970053,
        "energy": 73.416378,
        "activity_lines": [
          21.996476,
          21.5017,
          20.943176,
          20.580138
        ]
      },
      {
        "date": "2023-12-22",
        "close": 23.353185,
        "volume": 8935236,
        "typical_volume": 14236546.8,
        "trend": 20.213822,
        "fair_value": 19.964622,
        "relative_strength": 2.057407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.033228,
        "energy": 79.931866,
        "activity_lines": [
          22.550542,
          21.899186,
          21.203609,
          20.793964
        ]
      },
      {
        "date": "2023-12-29",
        "close": 24.089104,
        "volume": 6861555,
        "typical_volume": 13702632.95,
        "trend": 20.40483,
        "fair_value": 20.009351,
        "relative_strength": 5.212813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.090045,
        "energy": 85.770042,
        "activity_lines": [
          23.168714,
          22.378916,
          21.51537,
          21.043982
        ]
      },
      {
        "date": "2024-01-05",
        "close": 23.971357,
        "volume": 10360216,
        "typical_volume": 13456902.15,
        "trend": 20.578566,
        "fair_value": 20.049297,
        "relative_strength": 8.390869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.384162,
        "energy": 87.053265,
        "activity_lines": [
          23.581483,
          22.777651,
          21.799976,
          21.274081
        ]
      },
      {
        "date": "2024-01-12",
        "close": 23.784924,
        "volume": 10492279,
        "typical_volume": 13497142.0,
        "trend": 20.73437,
        "fair_value": 20.087621,
        "relative_strength": 4.53032,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.401345,
        "energy": 84.61455,
        "activity_lines": [
          23.782962,
          23.06738,
          22.049214,
          21.480943
        ]
      },
      {
        "date": "2024-01-19",
        "close": 23.578867,
        "volume": 9893877,
        "typical_volume": 13458756.15,
        "trend": 20.909672,
        "fair_value": 20.125417,
        "relative_strength": 1.136641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.455648,
        "energy": 77.93951,
        "activity_lines": [
          23.7653,
          23.278433,
          22.262011,
          21.664458
        ]
      },
      {
        "date": "2024-01-26",
        "close": 24.275537,
        "volume": 11295432,
        "typical_volume": 13573356.65,
        "trend": 21.084108,
        "fair_value": 20.162613,
        "relative_strength": 3.85395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.795905,
        "energy": 73.181204,
        "activity_lines": [
          23.93865,
          23.560669,
          22.527833,
          21.881611
        ]
      },
      {
        "date": "2024-02-02",
        "close": 24.236288,
        "volume": 12758150,
        "typical_volume": 13609470.8,
        "trend": 21.250401,
        "fair_value": 20.188448,
        "relative_strength": 2.826073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.564338,
        "energy": 64.298926,
        "activity_lines": [
          24.037426,
          23.769581,
          22.772252,
          22.084977
        ]
      },
      {
        "date": "2024-02-09",
        "close": 25.551131,
        "volume": 27193398,
        "typical_volume": 14195545.0,
        "trend": 21.444245,
        "fair_value": 20.207452,
        "relative_strength": 6.498835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.158678,
        "energy": 65.146904,
        "activity_lines": [
          24.564672,
          24.169565,
          23.121241,
          22.362444
        ]
      },
      {
        "date": "2024-02-16",
        "close": 25.747377,
        "volume": 14456339,
        "typical_volume": 14295605.1,
        "trend": 21.66286,
        "fair_value": 20.235161,
        "relative_strength": 9.002477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.505731,
        "energy": 68.946723,
        "activity_lines": [
          25.052014,
          24.53583,
          23.459204,
          22.640065
        ]
      },
      {
        "date": "2024-02-23",
        "close": 25.93381,
        "volume": 10726049,
        "typical_volume": 14171964.35,
        "trend": 21.896478,
        "fair_value": 20.258266,
        "relative_strength": 8.193413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.181319,
        "energy": 76.214074,
        "activity_lines": [
          25.470671,
          24.859278,
          23.786046,
          22.915611
        ]
      },
      {
        "date": "2024-03-01",
        "close": 25.835687,
        "volume": 15979593,
        "typical_volume": 13956933.05,
        "trend": 22.11055,
        "fair_value": 20.275126,
        "relative_strength": 5.585333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.052563,
        "energy": 72.227212,
        "activity_lines": [
          25.699624,
          25.110828,
          24.074246,
          23.169753
        ]
      },
      {
        "date": "2024-03-08",
        "close": 25.845499,
        "volume": 14143325,
        "typical_volume": 13376518.1,
        "trend": 22.280679,
        "fair_value": 20.280818,
        "relative_strength": 7.036433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.856459,
        "energy": 70.459715,
        "activity_lines": [
          25.827837,
          25.319027,
          24.338055,
          23.410717
        ]
      },
      {
        "date": "2024-03-15",
        "close": 25.126148,
        "volume": 18275525,
        "typical_volume": 13617437.45,
        "trend": 22.442455,
        "fair_value": 20.274616,
        "relative_strength": 5.035228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.108116,
        "energy": 55.567018,
        "activity_lines": [
          25.608986,
          25.3645,
          24.509385,
          23.594296
        ]
      },
      {
        "date": "2024-03-22",
        "close": 25.51028,
        "volume": 12100165,
        "typical_volume": 13331705.85,
        "trend": 22.617686,
        "fair_value": 20.280526,
        "relative_strength": 3.31764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.43791,
        "energy": 48.385281,
        "activity_lines": [
          25.546512,
          25.458818,
          24.692129,
          23.79222
        ]
      },
      {
        "date": "2024-03-29",
        "close": 25.786067,
        "volume": 9475437,
        "typical_volume": 12849823.8,
        "trend": 22.784532,
        "fair_value": 20.286152,
        "relative_strength": 4.803455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.296828,
        "energy": 46.591545,
        "activity_lines": [
          25.591772,
          25.57191,
          24.882129,
          23.996632
        ]
      },
      {
        "date": "2024-04-05",
        "close": 25.273891,
        "volume": 11496507,
        "typical_volume": 12749284.35,
        "trend": 22.941467,
        "fair_value": 20.284696,
        "relative_strength": 3.403802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.799938,
        "energy": 34.732755,
        "activity_lines": [
          25.476157,
          25.551748,
          24.998308,
          24.157236
        ]
      },
      {
        "date": "2024-04-12",
        "close": 23.993452,
        "volume": 13875035,
        "typical_volume": 13064969.35,
        "trend": 23.077939,
        "fair_value": 20.274909,
        "relative_strength": -1.378116,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.963531,
        "energy": 21.060332,
        "activity_lines": [
          24.971182,
          25.280627,
          24.970452,
          24.225106
        ]
      },
      {
        "date": "2024-04-19",
        "close": 23.658568,
        "volume": 8116911,
        "typical_volume": 12695778.55,
        "trend": 23.222874,
        "fair_value": 20.262792,
        "relative_strength": 2.663781,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.582409,
        "energy": 15.257581,
        "activity_lines": [
          24.478049,
          24.953033,
          24.899289,
          24.262566
        ]
      },
      {
        "date": "2024-04-26",
        "close": 23.855559,
        "volume": 8768245,
        "typical_volume": 12599391.05,
        "trend": 23.361946,
        "fair_value": 20.255216,
        "relative_strength": -0.466258,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.494687,
        "energy": 17.577862,
        "activity_lines": [
          24.148418,
          24.695666,
          24.837723,
          24.303384
        ]
      },
      {
        "date": "2024-05-03",
        "close": 24.101797,
        "volume": 14927766,
        "typical_volume": 12506552.0,
        "trend": 23.505955,
        "fair_value": 20.24159,
        "relative_strength": -0.584204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.166003,
        "energy": 21.172183,
        "activity_lines": [
          24.011181,
          24.517466,
          24.788526,
          24.351116
        ]
      },
      {
        "date": "2024-05-10",
        "close": 24.653371,
        "volume": 25879641,
        "typical_volume": 13353772.25,
        "trend": 23.643819,
        "fair_value": 20.236034,
        "relative_strength": 0.148062,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.274051,
        "energy": 17.182257,
        "activity_lines": [
          24.170087,
          24.472862,
          24.786425,
          24.425143
        ]
      },
      {
        "date": "2024-05-17",
        "close": 25.894411,
        "volume": 13228530,
        "typical_volume": 13672121.0,
        "trend": 23.81324,
        "fair_value": 20.239719,
        "relative_strength": 2.822896,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.324477,
        "energy": 20.482821,
        "activity_lines": [
          24.784041,
          24.675398,
          24.896328,
          24.570343
        ]
      },
      {
        "date": "2024-05-24",
        "close": 26.33764,
        "volume": 10781406,
        "typical_volume": 13693180.5,
        "trend": 24.029814,
        "fair_value": 20.243183,
        "relative_strength": 2.984544,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 55.790544,
        "energy": 40.328588,
        "activity_lines": [
          25.419007,
          24.957632,
          25.039846,
          24.733207
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26.780869,
        "volume": 10761033,
        "typical_volume": 13706618.2,
        "trend": 24.205234,
        "fair_value": 20.254205,
        "relative_strength": 6.132686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.525018,
        "energy": 66.278633,
        "activity_lines": [
          26.023112,
          25.298425,
          25.214308,
          24.910695
        ]
      },
      {
        "date": "2024-06-07",
        "close": 26.780869,
        "volume": 12088783,
        "typical_volume": 13816363.5,
        "trend": 24.413687,
        "fair_value": 20.261429,
        "relative_strength": 3.162215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.565442,
        "energy": 74.637371,
        "activity_lines": [
          26.432196,
          25.616117,
          25.374504,
          25.076865
        ]
      },
      {
        "date": "2024-06-14",
        "close": 26.672524,
        "volume": 8046868,
        "typical_volume": 13653935.3,
        "trend": 24.614932,
        "fair_value": 20.278435,
        "relative_strength": -0.849804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.208256,
        "energy": 75.538289,
        "activity_lines": [
          26.62656,
          25.896023,
          25.509133,
          25.222596
        ]
      },
      {
        "date": "2024-06-21",
        "close": 26.445985,
        "volume": 14154536,
        "typical_volume": 13723754.6,
        "trend": 24.776572,
        "fair_value": 20.290313,
        "relative_strength": -2.038107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.35524,
        "energy": 70.147118,
        "activity_lines": [
          26.6108,
          26.10931,
          25.610774,
          25.340729
        ]
      },
      {
        "date": "2024-06-28",
        "close": 27.155151,
        "volume": 13647003,
        "typical_volume": 13046434.85,
        "trend": 24.957272,
        "fair_value": 20.306615,
        "relative_strength": 0.487842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.812136,
        "energy": 62.401015,
        "activity_lines": [
          26.794658,
          26.406945,
          25.769431,
          25.494185
        ]
      },
      {
        "date": "2024-07-05",
        "close": 27.066505,
        "volume": 7246888,
        "typical_volume": 12685962.3,
        "trend": 25.141885,
        "fair_value": 20.323757,
        "relative_strength": -3.335961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.003764,
        "energy": 49.58549,
        "activity_lines": [
          26.894467,
          26.624888,
          25.912008,
          25.630265
        ]
      },
      {
        "date": "2024-07-12",
        "close": 27.322593,
        "volume": 12910102,
        "typical_volume": 12795164.95,
        "trend": 25.287282,
        "fair_value": 20.350506,
        "relative_strength": -2.250209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.782586,
        "energy": 51.453055,
        "activity_lines": [
          27.060595,
          26.831012,
          26.072693,
          25.770956
        ]
      },
      {
        "date": "2024-07-19",
        "close": 26.958161,
        "volume": 16249422,
        "typical_volume": 12808656.4,
        "trend": 25.407447,
        "fair_value": 20.371672,
        "relative_strength": 0.239128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.190446,
        "energy": 46.236225,
        "activity_lines": [
          27.069132,
          26.912315,
          26.192056,
          25.878754
        ]
      },
      {
        "date": "2024-07-26",
        "close": 27.076355,
        "volume": 10747373,
        "typical_volume": 12638858.8,
        "trend": 25.507022,
        "fair_value": 20.39433,
        "relative_strength": 3.039016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.998045,
        "energy": 41.509529,
        "activity_lines": [
          27.098024,
          26.973203,
          26.317331,
          25.986426
        ]
      },
      {
        "date": "2024-08-02",
        "close": 25.904261,
        "volume": 13208071,
        "typical_volume": 12385486.1,
        "trend": 25.571453,
        "fair_value": 20.408924,
        "relative_strength": 1.524057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.878577,
        "energy": 24.42652,
        "activity_lines": [
          26.694193,
          26.799494,
          26.325117,
          26.012054
        ]
      },
      {
        "date": "2024-08-09",
        "close": 27.322593,
        "volume": 22573577,
        "typical_volume": 12909156.7,
        "trend": 25.689375,
        "fair_value": 20.439962,
        "relative_strength": 6.557059,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.090179,
        "energy": 26.448297,
        "activity_lines": [
          26.846533,
          26.891542,
          26.464277,
          26.125031
        ]
      },
      {
        "date": "2024-08-16",
        "close": 26.987709,
        "volume": 13736025,
        "typical_volume": 13122186.1,
        "trend": 25.803003,
        "fair_value": 20.477553,
        "relative_strength": -0.197703,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.332171,
        "energy": 23.104123,
        "activity_lines": [
          26.870171,
          26.912853,
          26.562913,
          26.208794
        ]
      },
      {
        "date": "2024-08-23",
        "close": 27.716574,
        "volume": 8091428,
        "typical_volume": 12951932.15,
        "trend": 25.917704,
        "fair_value": 20.515896,
        "relative_strength": 1.37747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.301769,
        "energy": 34.020314,
        "activity_lines": [
          27.159091,
          27.062924,
          26.725243,
          26.332251
        ]
      },
      {
        "date": "2024-08-30",
        "close": 27.903715,
        "volume": 9054686,
        "typical_volume": 12710914.7,
        "trend": 26.039952,
        "fair_value": 20.556541,
        "relative_strength": 2.751198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.951712,
        "energy": 52.528516,
        "activity_lines": [
          27.45983,
          27.228038,
          26.893763,
          26.46038
        ]
      },
      {
        "date": "2024-09-06",
        "close": 26.170198,
        "volume": 11935505,
        "typical_volume": 12901844.4,
        "trend": 26.060587,
        "fair_value": 20.590178,
        "relative_strength": 2.196639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.160682,
        "energy": 27.099048,
        "activity_lines": [
          27.127572,
          27.051462,
          26.878567,
          26.468783
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25.845885,
        "volume": 12269163,
        "typical_volume": 13076890.3,
        "trend": 26.063871,
        "fair_value": 20.618297,
        "relative_strength": -4.739369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.310251,
        "energy": 11.350139,
        "activity_lines": [
          26.669481,
          26.833829,
          26.820523,
          26.454932
        ]
      },
      {
        "date": "2024-09-20",
        "close": 26.043635,
        "volume": 16079423,
        "typical_volume": 13134473.15,
        "trend": 26.067532,
        "fair_value": 20.63525,
        "relative_strength": -5.414774,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.286874,
        "energy": 11.511236,
        "activity_lines": [
          26.375754,
          26.674344,
          26.771835,
          26.453626
        ]
      },
      {
        "date": "2024-09-27",
        "close": 26.201834,
        "volume": 8204520,
        "typical_volume": 12250717.1,
        "trend": 26.079737,
        "fair_value": 20.657279,
        "relative_strength": -5.767691,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.569902,
        "energy": 18.871886,
        "activity_lines": [
          26.197698,
          26.566876,
          26.728967,
          26.462291
        ]
      },
      {
        "date": "2024-10-04",
        "close": 25.845885,
        "volume": 10177851,
        "typical_volume": 12098183.15,
        "trend": 26.079749,
        "fair_value": 20.67475,
        "relative_strength": -7.107292,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.87237,
        "energy": 22.936392,
        "activity_lines": [
          26.001976,
          26.408441,
          26.644825,
          26.447204
        ]
      },
      {
        "date": "2024-10-11",
        "close": 25.638248,
        "volume": 10328314,
        "typical_volume": 12075528.55,
        "trend": 26.096819,
        "fair_value": 20.691997,
        "relative_strength": -8.840827,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.576116,
        "energy": 33.044185,
        "activity_lines": [
          25.874229,
          26.234626,
          26.54114,
          26.41872
        ]
      },
      {
        "date": "2024-10-18",
        "close": 26.033747,
        "volume": 9494481,
        "typical_volume": 12012200.95,
        "trend": 26.114268,
        "fair_value": 20.710733,
        "relative_strength": -7.441211,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.586594,
        "energy": 25.229057,
        "activity_lines": [
          25.913779,
          26.137557,
          26.478451,
          26.41465
        ]
      },
      {
        "date": "2024-10-25",
        "close": 25.697573,
        "volume": 7953005,
        "typical_volume": 11805412.05,
        "trend": 26.111319,
        "fair_value": 20.734515,
        "relative_strength": -8.608769,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.313476,
        "energy": 25.145856,
        "activity_lines": [
          25.828747,
          26.002799,
          26.387304,
          26.387767
        ]
      },
      {
        "date": "2024-11-01",
        "close": 27.012608,
        "volume": 14099920,
        "typical_volume": 12108064.65,
        "trend": 26.169276,
        "fair_value": 20.75768,
        "relative_strength": -2.26096,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.833344,
        "energy": 5.835233,
        "activity_lines": [
          26.20513,
          26.130595,
          26.426556,
          26.445914
        ]
      },
      {
        "date": "2024-11-08",
        "close": 29.187855,
        "volume": 14090314,
        "typical_volume": 12104853.55,
        "trend": 26.342423,
        "fair_value": 20.798235,
        "relative_strength": 0.050218,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.444149,
        "energy": 40.355267,
        "activity_lines": [
          27.252545,
          26.66669,
          26.671356,
          26.640662
        ]
      },
      {
        "date": "2024-11-15",
        "close": 28.297981,
        "volume": 17065665,
        "typical_volume": 12275786.65,
        "trend": 26.49707,
        "fair_value": 20.843426,
        "relative_strength": 0.324329,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 64.573051,
        "energy": 61.774951,
        "activity_lines": [
          27.780536,
          27.017642,
          26.818349,
          26.766827
        ]
      },
      {
        "date": "2024-11-22",
        "close": 29.158192,
        "volume": 17072073,
        "typical_volume": 12767045.9,
        "trend": 26.673824,
        "fair_value": 20.898316,
        "relative_strength": 1.42702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.017638,
        "energy": 77.094438,
        "activity_lines": [
          28.417949,
          27.486309,
          27.041825,
          26.938512
        ]
      },
      {
        "date": "2024-11-29",
        "close": 29.019768,
        "volume": 9509762,
        "typical_volume": 12597028.9,
        "trend": 26.837757,
        "fair_value": 20.950411,
        "relative_strength": 0.135778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.405039,
        "energy": 78.661217,
        "activity_lines": [
          28.800925,
          27.869583,
          27.242157,
          27.089863
        ]
      },
      {
        "date": "2024-12-06",
        "close": 29.019768,
        "volume": 12337361,
        "typical_volume": 12401425.85,
        "trend": 26.983303,
        "fair_value": 21.001891,
        "relative_strength": -3.043217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.891415,
        "energy": 77.95386,
        "activity_lines": [
          28.96242,
          28.198747,
          27.434407,
          27.230638
        ]
      },
      {
        "date": "2024-12-13",
        "close": 28.288094,
        "volume": 9837257,
        "typical_volume": 12355920.05,
        "trend": 27.063092,
        "fair_value": 21.05225,
        "relative_strength": -6.091332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.621169,
        "energy": 66.105353,
        "activity_lines": [
          28.746214,
          28.343644,
          27.547157,
          27.314818
        ]
      },
      {
        "date": "2024-12-20",
        "close": 27.546532,
        "volume": 13459664,
        "typical_volume": 12368499.7,
        "trend": 27.103389,
        "fair_value": 21.091393,
        "relative_strength": -6.322206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.838315,
        "energy": 38.021275,
        "activity_lines": [
          28.342805,
          28.309307,
          27.583512,
          27.346008
        ]
      },
      {
        "date": "2024-12-27",
        "close": 27.47732,
        "volume": 5825677,
        "typical_volume": 11531104.7,
        "trend": 27.126604,
        "fair_value": 21.130215,
        "relative_strength": -7.195681,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.847281,
        "energy": 21.612238,
        "activity_lines": [
          27.966421,
          28.22769,
          27.605455,
          27.370132
        ]
      },
      {
        "date": "2025-01-03",
        "close": 27.24002,
        "volume": 7229994,
        "typical_volume": 11205803.15,
        "trend": 27.141909,
        "fair_value": 21.166347,
        "relative_strength": -7.030747,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.281737,
        "energy": 22.343854,
        "activity_lines": [
          27.622995,
          28.076681,
          27.604061,
          27.37745
        ]
      },
      {
        "date": "2025-01-10",
        "close": 26.676434,
        "volume": 9625553,
        "typical_volume": 11282509.4,
        "trend": 27.142039,
        "fair_value": 21.197512,
        "relative_strength": -6.724789,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.900109,
        "energy": 20.237016,
        "activity_lines": [
          27.210358,
          27.795158,
          27.547791,
          27.347419
        ]
      },
      {
        "date": "2025-01-17",
        "close": 27.121371,
        "volume": 13328379,
        "typical_volume": 11496194.05,
        "trend": 27.164552,
        "fair_value": 21.239407,
        "relative_strength": -7.67724,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -0.75102,
        "energy": 15.850849,
        "activity_lines": [
          27.102255,
          27.600644,
          27.538848,
          27.346085
        ]
      },
      {
        "date": "2025-01-24",
        "close": 27.764057,
        "volume": 8221820,
        "typical_volume": 11310509.8,
        "trend": 27.184849,
        "fair_value": 21.283453,
        "relative_strength": -6.73188,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.125229,
        "energy": 15.913159,
        "activity_lines": [
          27.286162,
          27.560555,
          27.59484,
          27.384763
        ]
      },
      {
        "date": "2025-01-31",
        "close": 27.803607,
        "volume": 13656274,
        "typical_volume": 11379865.35,
        "trend": 27.209419,
        "fair_value": 21.323197,
        "relative_strength": -5.169785,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.910463,
        "energy": 12.456092,
        "activity_lines": [
          27.468751,
          27.537364,
          27.647008,
          27.424683
        ]
      },
      {
        "date": "2025-02-07",
        "close": 28.713256,
        "volume": 21787734,
        "typical_volume": 11665280.9,
        "trend": 27.255775,
        "fair_value": 21.36785,
        "relative_strength": -2.054363,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.986225,
        "energy": 28.638527,
        "activity_lines": [
          27.932804,
          27.704193,
          27.776487,
          27.521705
        ]
      },
      {
        "date": "2025-02-14",
        "close": 29.870091,
        "volume": 12024094,
        "typical_volume": 11856259.6,
        "trend": 27.352839,
        "fair_value": 21.422995,
        "relative_strength": -0.833712,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 77.944697,
        "energy": 68.792472,
        "activity_lines": [
          28.684252,
          28.086928,
          28.003428,
          27.69037
        ]
      },
      {
        "date": "2025-02-21",
        "close": 28.208994,
        "volume": 14172932,
        "typical_volume": 12056013.65,
        "trend": 27.390594,
        "fair_value": 21.466692,
        "relative_strength": -3.998348,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.645935,
        "energy": 60.412468,
        "activity_lines": [
          28.669092,
          28.152186,
          28.054702,
          27.745606
        ]
      },
      {
        "date": "2025-02-28",
        "close": 28.297981,
        "volume": 16426332,
        "typical_volume": 12360914.55,
        "trend": 27.470384,
        "fair_value": 21.517484,
        "relative_strength": -0.210775,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.820226,
        "energy": 57.873058,
        "activity_lines": [
          28.611085,
          28.235061,
          28.103198,
          27.804147
        ]
      },
      {
        "date": "2025-03-07",
        "close": 27.645407,
        "volume": 17931146,
        "typical_volume": 12782747.8,
        "trend": 27.481145,
        "fair_value": 21.565693,
        "relative_strength": 0.839491,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.903258,
        "energy": 28.935051,
        "activity_lines": [
          28.299959,
          28.185623,
          28.076878,
          27.815439
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26.776084,
        "volume": 15394919,
        "typical_volume": 13154843.5,
        "trend": 27.47409,
        "fair_value": 21.600421,
        "relative_strength": 0.22231,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.950675,
        "energy": 10.804335,
        "activity_lines": [
          27.709605,
          27.975071,
          27.960091,
          27.769951
        ]
      },
      {
        "date": "2025-03-21",
        "close": 26.835631,
        "volume": 19191541,
        "typical_volume": 13409424.55,
        "trend": 27.444726,
        "fair_value": 21.632809,
        "relative_strength": 0.254179,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.167872,
        "energy": 23.779197,
        "activity_lines": [
          27.268245,
          27.783781,
          27.84384,
          27.72876
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26.389032,
        "volume": 15740863,
        "typical_volume": 13491952.0,
        "trend": 27.394236,
        "fair_value": 21.666355,
        "relative_strength": 1.015333,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.071191,
        "energy": 31.985622,
        "activity_lines": [
          26.880315,
          27.508396,
          27.685898,
          27.660651
        ]
      },
      {
        "date": "2025-04-04",
        "close": 24.394223,
        "volume": 33958012,
        "typical_volume": 14336569.35,
        "trend": 27.335037,
        "fair_value": 21.690761,
        "relative_strength": 3.602135,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.867669,
        "energy": 67.043394,
        "activity_lines": [
          25.948781,
          26.883634,
          27.351302,
          27.467102
        ]
      },
      {
        "date": "2025-04-11",
        "close": 25.992055,
        "volume": 23756370,
        "typical_volume": 14670784.2,
        "trend": 27.339909,
        "fair_value": 21.726462,
        "relative_strength": 2.604727,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.282293,
        "energy": 57.646125,
        "activity_lines": [
          25.810107,
          26.610657,
          27.18747,
          27.380458
        ]
      },
      {
        "date": "2025-04-18",
        "close": 25.664549,
        "volume": 10776724,
        "typical_volume": 14734132.3,
        "trend": 27.327273,
        "fair_value": 21.76198,
        "relative_strength": 3.647785,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -61.741738,
        "energy": 65.110531,
        "activity_lines": [
          25.672489,
          26.31107,
          27.007523,
          27.27237
        ]
      },
      {
        "date": "2025-04-25",
        "close": 26.92495,
        "volume": 12542726,
        "typical_volume": 14744400.55,
        "trend": 27.351377,
        "fair_value": 21.811761,
        "relative_strength": 2.143739,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.712659,
        "energy": 43.721695,
        "activity_lines": [
          26.029106,
          26.296078,
          26.963593,
          27.246414
        ]
      },
      {
        "date": "2025-05-02",
        "close": 27.371549,
        "volume": 13535763,
        "typical_volume": 14929325.85,
        "trend": 27.402233,
        "fair_value": 21.881412,
        "relative_strength": 0.371073,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.341198,
        "energy": 18.980136,
        "activity_lines": [
          26.528635,
          26.415834,
          26.97217,
          27.247715
        ]
      },
      {
        "date": "2025-05-09",
        "close": 27.847922,
        "volume": 19128668,
        "typical_volume": 15212776.05,
        "trend": 27.475888,
        "fair_value": 21.949601,
        "relative_strength": 2.264031,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.533871,
        "energy": 15.019588,
        "activity_lines": [
          27.121454,
          26.63743,
          27.030481,
          27.276469
        ]
      },
      {
        "date": "2025-05-16",
        "close": 28.105956,
        "volume": 16913704,
        "typical_volume": 15767177.4,
        "trend": 27.544962,
        "fair_value": 22.020868,
        "relative_strength": -3.300525,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.315654,
        "energy": 17.600048,
        "activity_lines": [
          27.570038,
          26.914124,
          27.111931,
          27.317119
        ]
      },
      {
        "date": "2025-05-23",
        "close": 27.689131,
        "volume": 13048100,
        "typical_volume": 16058082.7,
        "trend": 27.611347,
        "fair_value": 22.089029,
        "relative_strength": -2.321669,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.830608,
        "energy": 16.790809,
        "activity_lines": [
          27.738753,
          27.106657,
          27.150691,
          27.32642
        ]
      },
      {
        "date": "2025-05-30",
        "close": 28.026561,
        "volume": 16264732,
        "typical_volume": 16390041.65,
        "trend": 27.645146,
        "fair_value": 22.162321,
        "relative_strength": -2.816729,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.178149,
        "energy": 21.920458,
        "activity_lines": [
          27.884973,
          27.343941,
          27.219448,
          27.353208
        ]
      },
      {
        "date": "2025-06-06",
        "close": 27.599811,
        "volume": 15884246,
        "typical_volume": 16517835.0,
        "trend": 27.592211,
        "fair_value": 22.236774,
        "relative_strength": -6.049897,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.959657,
        "energy": 18.065816,
        "activity_lines": [
          27.815502,
          27.481981,
          27.241132,
          27.350283
        ]
      },
      {
        "date": "2025-06-13",
        "close": 27.212759,
        "volume": 13012788,
        "typical_volume": 16757383.4,
        "trend": 27.556037,
        "fair_value": 22.315363,
        "relative_strength": -6.706031,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.133194,
        "energy": 9.361208,
        "activity_lines": [
          27.601796,
          27.527633,
          27.223677,
          27.325802
        ]
      },
      {
        "date": "2025-06-20",
        "close": 28.13573,
        "volume": 24751300,
        "typical_volume": 17312134.7,
        "trend": 27.521955,
        "fair_value": 22.398137,
        "relative_strength": -3.450767,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.940845,
        "energy": 12.34103,
        "activity_lines": [
          27.738091,
          27.689853,
          27.296749,
          27.363202
        ]
      },
      {
        "date": "2025-06-27",
        "close": 29.207567,
        "volume": 18205072,
        "typical_volume": 17133001.6,
        "trend": 27.528215,
        "fair_value": 22.487967,
        "relative_strength": -3.643467,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.475488,
        "energy": 25.643853,
        "activity_lines": [
          28.229681,
          28.007975,
          27.470318,
          27.471951
        ]
      },
      {
        "date": "2025-07-04",
        "close": 29.515224,
        "volume": 9446372,
        "typical_volume": 17004115.5,
        "trend": 27.54473,
        "fair_value": 22.579769,
        "relative_strength": -3.991892,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.550816,
        "energy": 61.587069,
        "activity_lines": [
          28.722594,
          28.317617,
          27.670835,
          27.600145
        ]
      },
      {
        "date": "2025-07-11",
        "close": 29.316736,
        "volume": 11369402,
        "typical_volume": 16863939.0,
        "trend": 27.579018,
        "fair_value": 22.670422,
        "relative_strength": -4.202421,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.724628,
        "energy": 72.549875,
        "activity_lines": [
          29.0501,
          28.544075,
          27.854138,
          27.714468
        ]
      },
      {
        "date": "2025-07-18",
        "close": 29.634317,
        "volume": 14626575,
        "typical_volume": 16773951.15,
        "trend": 27.648611,
        "fair_value": 22.756,
        "relative_strength": -4.241271,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.071979,
        "energy": 76.335528,
        "activity_lines": [
          29.369004,
          28.792907,
          28.062412,
          27.847068
        ]
      },
      {
        "date": "2025-07-25",
        "close": 29.306811,
        "volume": 12308607,
        "typical_volume": 16492824.2,
        "trend": 27.709594,
        "fair_value": 22.83787,
        "relative_strength": -5.922151,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.471085,
        "energy": 74.429471,
        "activity_lines": [
          29.417303,
          28.949713,
          28.233131,
          27.954049
        ]
      },
      {
        "date": "2025-08-01",
        "close": 28.870137,
        "volume": 12791317,
        "typical_volume": 16362644.1,
        "trend": 27.763931,
        "fair_value": 22.917746,
        "relative_strength": -5.037381,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.966735,
        "energy": 62.549311,
        "activity_lines": [
          29.241972,
          29.005289,
          28.354351,
          28.028923
        ]
      },
      {
        "date": "2025-08-08",
        "close": 28.304445,
        "volume": 22310708,
        "typical_volume": 16518602.45,
        "trend": 27.818198,
        "fair_value": 22.98274,
        "relative_strength": -9.876961,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.741098,
        "energy": 33.41588,
        "activity_lines": [
          28.900572,
          28.93654,
          28.411723,
          28.063795
        ]
      },
      {
        "date": "2025-08-15",
        "close": 29.247265,
        "volume": 22403555,
        "typical_volume": 16851737.05,
        "trend": 27.889061,
        "fair_value": 23.059528,
        "relative_strength": -7.113534,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.045002,
        "energy": 29.394878,
        "activity_lines": [
          28.954164,
          29.03416,
          28.551894,
          28.155992
        ]
      },
      {
        "date": "2025-08-22",
        "close": 30.26948,
        "volume": 12409730,
        "typical_volume": 15774322.95,
        "trend": 27.972575,
        "fair_value": 23.146271,
        "relative_strength": -2.788212,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.623709,
        "energy": 43.457471,
        "activity_lines": [
          29.353125,
          29.287684,
          28.775808,
          28.309568
        ]
      },
      {
        "date": "2025-08-29",
        "close": 29.187718,
        "volume": 10497692,
        "typical_volume": 15111389.05,
        "trend": 28.018712,
        "fair_value": 23.228491,
        "relative_strength": -5.746483,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.49596,
        "energy": 35.111545,
        "activity_lines": [
          29.349155,
          29.288947,
          28.868719,
          28.387964
        ]
      },
      {
        "date": "2025-09-05",
        "close": 29.217491,
        "volume": 16137256,
        "typical_volume": 15379415.65,
        "trend": 28.03552,
        "fair_value": 23.307748,
        "relative_strength": -6.314142,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.286767,
        "energy": 36.079882,
        "activity_lines": [
          29.363049,
          29.276497,
          28.949249,
          28.465305
        ]
      },
      {
        "date": "2025-09-12",
        "close": 29.10991,
        "volume": 30045864,
        "typical_volume": 16254572.55,
        "trend": 28.010181,
        "fair_value": 23.391521,
        "relative_strength": -8.180677,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.016481,
        "energy": 32.104394,
        "activity_lines": [
          29.317926,
          29.244305,
          29.002614,
          28.53462
        ]
      },
      {
        "date": "2025-09-19",
        "close": 30.494199,
        "volume": 24235424,
        "typical_volume": 16789555.6,
        "trend": 28.086354,
        "fair_value": 23.491633,
        "relative_strength": -5.736608,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.075766,
        "energy": 38.592429,
        "activity_lines": [
          29.680535,
          29.471172,
          29.177411,
          28.694879
        ]
      },
      {
        "date": "2025-09-26",
        "close": 30.324897,
        "volume": 15184056,
        "typical_volume": 16592325.0,
        "trend": 28.153918,
        "fair_value": 23.592028,
        "relative_strength": -5.728331,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.883588,
        "energy": 41.197108,
        "activity_lines": [
          29.903581,
          29.645848,
          29.321215,
          28.839301
        ]
      },
      {
        "date": "2025-10-03",
        "close": 28.263402,
        "volume": 34248750,
        "typical_volume": 17459077.3,
        "trend": 28.174518,
        "fair_value": 23.676471,
        "relative_strength": -12.986862,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.668971,
        "energy": 20.897782,
        "activity_lines": [
          29.435767,
          29.433152,
          29.25689,
          28.846365
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25.674084,
        "volume": 17600400,
        "typical_volume": 17686692.3,
        "trend": 28.137785,
        "fair_value": 23.744005,
        "relative_strength": -18.872421,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -15.370378,
        "energy": 17.142423,
        "activity_lines": [
          28.166468,
          28.768641,
          28.945215,
          28.685047
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.913098,
        "volume": 16678343,
        "typical_volume": 17707372.85,
        "trend": 28.107034,
        "fair_value": 23.803117,
        "relative_strength": -19.785621,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.249896,
        "energy": 43.339562,
        "activity_lines": [
          27.213068,
          28.205697,
          28.665897,
          28.541518
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.211865,
        "volume": 12398660,
        "typical_volume": 17533093.55,
        "trend": 28.101128,
        "fair_value": 23.865949,
        "relative_strength": -20.315086,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.669521,
        "energy": 53.783074,
        "activity_lines": [
          26.572378,
          27.740553,
          28.425099,
          28.419249
        ]
      },
      {
        "date": "2025-10-31",
        "close": 26.391126,
        "volume": 16265564,
        "typical_volume": 17695732.35,
        "trend": 28.167692,
        "fair_value": 23.931361,
        "relative_strength": -20.904067,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.05072,
        "energy": 64.541643,
        "activity_lines": [
          26.27693,
          27.363192,
          28.207981,
          28.308927
        ]
      },
      {
        "date": "2025-11-07",
        "close": 26.610222,
        "volume": 25811649,
        "typical_volume": 17748749.8,
        "trend": 28.188297,
        "fair_value": 23.989593,
        "relative_strength": -17.316463,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.604333,
        "energy": 59.093701,
        "activity_lines": [
          26.316766,
          27.096181,
          28.015643,
          28.208445
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.042564,
        "volume": 21811699,
        "typical_volume": 17929081.15,
        "trend": 28.200898,
        "fair_value": 24.045617,
        "relative_strength": -18.532415,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.96641,
        "energy": 56.864715,
        "activity_lines": [
          26.277594,
          26.772824,
          27.776506,
          28.07001
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.584454,
        "volume": 21184868,
        "typical_volume": 18516005.95,
        "trend": 28.156214,
        "fair_value": 24.09578,
        "relative_strength": -16.972968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.10105,
        "energy": 47.968742,
        "activity_lines": [
          26.061154,
          26.4239,
          27.508811,
          27.901208
        ]
      },
      {
        "date": "2025-11-28",
        "close": 25.574495,
        "volume": 15171121,
        "typical_volume": 18706091.9,
        "trend": 28.096313,
        "fair_value": 24.140778,
        "relative_strength": -20.44932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.641525,
        "energy": 47.546976,
        "activity_lines": [
          25.863304,
          26.137264,
          27.258886,
          27.734645
        ]
      },
      {
        "date": "2025-12-05",
        "close": 25.933016,
        "volume": 14139546,
        "typical_volume": 18681740.45,
        "trend": 28.032482,
        "fair_value": 24.194731,
        "relative_strength": -19.722664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.79163,
        "energy": 46.523196,
        "activity_lines": [
          25.827451,
          26.005263,
          27.060926,
          27.595078
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.112276,
        "volume": 13823397,
        "typical_volume": 18757479.95,
        "trend": 27.966026,
        "fair_value": 24.251202,
        "relative_strength": -17.265019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.495311,
        "energy": 42.706014,
        "activity_lines": [
          25.881893,
          25.985708,
          26.897663,
          27.471193
        ]
      },
      {
        "date": "2025-12-19",
        "close": 25.972851,
        "volume": 33410892,
        "typical_volume": 19788458.7,
        "trend": 27.908817,
        "fair_value": 24.303792,
        "relative_strength": -17.816941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.626703,
        "energy": 38.620336,
        "activity_lines": [
          25.923057,
          25.979913,
          26.736334,
          27.342601
        ]
      },
      {
        "date": "2025-12-26",
        "close": 26.112276,
        "volume": 9823480,
        "typical_volume": 19164097.3,
        "trend": 27.845008,
        "fair_value": 24.357961,
        "relative_strength": -18.048491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.622414,
        "energy": 29.439883,
        "activity_lines": [
          26.015343,
          25.994037,
          26.60208,
          27.226695
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.082399,
        "volume": 11513129,
        "typical_volume": 18619576.0,
        "trend": 27.794427,
        "fair_value": 24.406962,
        "relative_strength": -16.381588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.812473,
        "energy": 28.473273,
        "activity_lines": [
          26.062481,
          25.999107,
          26.475419,
          27.112979
        ]
      },
      {
        "date": "2026-01-09",
        "close": 26.361249,
        "volume": 15837644,
        "typical_volume": 18790971.7,
        "trend": 27.766043,
        "fair_value": 24.454888,
        "relative_strength": -16.973579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.400577,
        "energy": 26.765612,
        "activity_lines": [
          26.16871,
          26.05723,
          26.390387,
          27.020516
        ]
      },
      {
        "date": "2026-01-16",
        "close": 26.142153,
        "volume": 13001463,
        "typical_volume": 18916160.25,
        "trend": 27.699591,
        "fair_value": 24.502655,
        "relative_strength": -16.627662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.24392,
        "energy": 25.182839,
        "activity_lines": [
          26.173357,
          26.076062,
          26.303099,
          26.915749
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26.71977,
        "volume": 12173403,
        "typical_volume": 18717967.6,
        "trend": 27.616664,
        "fair_value": 24.546286,
        "relative_strength": -14.667457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.508198,
        "energy": 18.253572,
        "activity_lines": [
          26.368552,
          26.208425,
          26.285324,
          26.852534
        ]
      },
      {
        "date": "2026-01-30",
        "close": 26.918948,
        "volume": 15244462,
        "typical_volume": 17977897.5,
        "trend": 27.530122,
        "fair_value": 24.58715,
        "relative_strength": -13.576259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.765861,
        "energy": 12.907376,
        "activity_lines": [
          26.580345,
          26.364689,
          26.298413,
          26.80752
        ]
      },
      {
        "date": "2026-02-06",
        "close": 22.40756,
        "volume": 33854426,
        "typical_volume": 18458847.6,
        "trend": 27.299816,
        "fair_value": 24.614709,
        "relative_strength": -26.095203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.095848,
        "energy": 56.155729,
        "activity_lines": [
          25.234564,
          25.676438,
          25.892279,
          26.477032
        ]
      },
      {
        "date": "2026-02-13",
        "close": 22.626656,
        "volume": 26386476,
        "typical_volume": 19018968.6,
        "trend": 27.066227,
        "fair_value": 24.641557,
        "relative_strength": -23.878697,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.499016,
        "energy": 83.506059,
        "activity_lines": [
          24.206804,
          25.085603,
          25.545519,
          26.175538
        ]
      },
      {
        "date": "2026-02-20",
        "close": 23.552835,
        "volume": 16986523,
        "typical_volume": 18155857.25,
        "trend": 26.874428,
        "fair_value": 24.684047,
        "relative_strength": -21.192978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.524088,
        "energy": 83.309293,
        "activity_lines": [
          23.736743,
          24.723279,
          25.323625,
          25.948868
        ]
      },
      {
        "date": "2026-02-27",
        "close": 24.190205,
        "volume": 19215620,
        "typical_volume": 18236618.25,
        "trend": 26.71843,
        "fair_value": 24.731743,
        "relative_strength": -18.341718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.633058,
        "energy": 80.847574,
        "activity_lines": [
          23.65176,
          24.523376,
          25.184864,
          25.775692
        ]
      },
      {
        "date": "2026-03-06",
        "close": 24.51885,
        "volume": 17209284,
        "typical_volume": 18263165.3,
        "trend": 26.592244,
        "fair_value": 24.789321,
        "relative_strength": -15.672691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.308607,
        "energy": 67.788516,
        "activity_lines": [
          23.844963,
          24.415639,
          25.084469,
          25.633784
        ]
      },
      {
        "date": "2026-03-13",
        "close": 23.7,
        "volume": 17790116,
        "typical_volume": 18532738.1,
        "trend": 26.407335,
        "fair_value": 24.84165,
        "relative_strength": -17.129046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.19201,
        "energy": 47.553228,
        "activity_lines": [
          23.925223,
          24.187991,
          24.912727,
          25.447187
        ]
      },
      {
        "date": "2026-03-20",
        "close": 24.05,
        "volume": 22520166,
        "typical_volume": 18845468.2,
        "trend": 26.200019,
        "fair_value": 24.894282,
        "relative_strength": -13.711747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.209817,
        "energy": 37.364165,
        "activity_lines": [
          24.035986,
          24.067296,
          24.78628,
          25.295101
        ]
      },
      {
        "date": "2026-03-27",
        "close": 24.24,
        "volume": 19046011,
        "typical_volume": 18507186.3,
        "trend": 26.035095,
        "fair_value": 24.941559,
        "relative_strength": -9.642905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.744343,
        "energy": 29.60371,
        "activity_lines": [
          24.115194,
          24.02317,
          24.689076,
          25.168648
        ]
      },
      {
        "date": "2026-04-03",
        "close": 24.4,
        "volume": 46294082,
        "typical_volume": 19731305.45,
        "trend": 25.874512,
        "fair_value": 24.989861,
        "relative_strength": -11.95116,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -39.624505,
        "energy": 26.543416,
        "activity_lines": [
          24.201923,
          24.042718,
          24.618397,
          25.063158
        ]
      },
      {
        "date": "2026-04-10",
        "close": 24.48,
        "volume": 14820949,
        "typical_volume": 19413109.5,
        "trend": 25.720182,
        "fair_value": 25.037863,
        "relative_strength": -14.832009,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -36.648965,
        "energy": 21.395784,
        "activity_lines": [
          24.301333,
          24.11899,
          24.563159,
          24.97319
        ]
      },
      {
        "date": "2026-04-17",
        "close": 26.01,
        "volume": 15524301,
        "typical_volume": 19430768.5,
        "trend": 25.570708,
        "fair_value": 25.096424,
        "relative_strength": -14.146804,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -10.371019,
        "energy": 11.351699,
        "activity_lines": [
          24.913333,
          24.517788,
          24.658895,
          24.991888
        ]
      },
      {
        "date": "2026-04-24",
        "close": 26.2,
        "volume": 15949193,
        "typical_volume": 19521250.85,
        "trend": 25.433212,
        "fair_value": 25.154137,
        "relative_strength": -14.761502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 23.429265,
        "energy": 23.043318,
        "activity_lines": [
          25.434667,
          24.885633,
          24.770652,
          25.032487
        ]
      },
      {
        "date": "2026-05-01",
        "close": 26.24,
        "volume": 19059025,
        "typical_volume": 19783032.25,
        "trend": 25.365765,
        "fair_value": 25.215173,
        "relative_strength": -15.3242,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.121109,
        "energy": 28.694611,
        "activity_lines": [
          25.826,
          25.19578,
          24.884947,
          25.084538
        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.02,
        "volume": 31105390,
        "typical_volume": 19667757.15,
        "trend": 25.410629,
        "fair_value": 25.2747,
        "relative_strength": -16.680589,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.812842,
        "energy": 56.961711,
        "activity_lines": [
          26.344,
          25.598888,
          25.072919,
          25.191263
        ]
      },
      {
        "date": "2026-05-15",
        "close": 25.92,
        "volume": 23672748,
        "typical_volume": 20360220.55,
        "trend": 25.410859,
        "fair_value": 25.324545,
        "relative_strength": -19.21597,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.553864,
        "energy": 51.221493,
        "activity_lines": [
          26.320667,
          25.750545,
          25.151144,
          25.224126
        ]
      },
      {
        "date": "2026-05-22",
        "close": 25.89,
        "volume": 18881886,
        "typical_volume": 20728658.4,
        "trend": 25.40013,
        "fair_value": 25.374449,
        "relative_strength": -19.646312,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.399314,
        "energy": 39.936635,
        "activity_lines": [
          26.191333,
          25.871273,
          25.227426,
          25.255038
        ]
      },
      {
        "date": "2026-05-29",
        "close": 26.1,
        "volume": 17852262,
        "typical_volume": 20829389.3,
        "trend": 25.390426,
        "fair_value": 25.424072,
        "relative_strength": -20.633059,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.459764,
        "energy": 28.000197,
        "activity_lines": [
          26.14,
          25.990364,
          25.324625,
          25.300191
        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.26,
        "volume": 20436717,
        "typical_volume": 21201152.0,
        "trend": 25.412085,
        "fair_value": 25.478564,
        "relative_strength": -12.683252,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.937118,
        "energy": 40.762522,
        "activity_lines": [
          26.482,
          26.283091,
          25.533544,
          25.420809
        ]
      },
      {
        "date": "2026-06-12",
        "close": 25.68,
        "volume": 22839038,
        "typical_volume": 21734433.75,
        "trend": 25.4,
        "fair_value": 25.520674,
        "relative_strength": -19.029815,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 41.097516,
        "energy": 25.704541,
        "activity_lines": [
          26.229333,
          26.233636,
          25.586664,
          25.438093
        ]
      },
      {
        "date": "2026-06-19",
        "close": 25.28,
        "volume": 49463144,
        "typical_volume": 23445367.85,
        "trend": 25.389851,
        "fair_value": 25.565291,
        "relative_strength": -21.699249,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 31.844987,
        "energy": 18.332765,
        "activity_lines": [
          25.932667,
          26.088182,
          25.60664,
          25.430351
        ]
      },
      {
        "date": "2026-06-26",
        "close": 25.41,
        "volume": 32241722,
        "typical_volume": 23364732.65,
        "trend": 25.384368,
        "fair_value": 25.606108,
        "relative_strength": -16.947609,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.025794,
        "energy": 13.436576,
        "activity_lines": [
          25.722,
          25.951818,
          25.646802,
          25.431651
        ]
      },
      {
        "date": "2026-07-03",
        "close": 26.64,
        "volume": 31319228,
        "typical_volume": 23611370.25,
        "trend": 25.407934,
        "fair_value": 25.653496,
        "relative_strength": -13.057332,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.697568,
        "energy": 19.303618,
        "activity_lines": [
          25.953333,
          26.05,
          25.789809,
          25.51266
        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.37,
        "volume": 17471108,
        "typical_volume": 23635599.5,
        "trend": 25.449858,
        "fair_value": 25.702433,
        "relative_strength": -11.657143,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.313026,
        "energy": 29.044117,
        "activity_lines": [
          26.392,
          26.272909,
          25.983228,
          25.639245
        ]
      },
      {
        "date": "2026-07-17",
        "close": 28.43,
        "volume": 14050754,
        "typical_volume": 23377356.2,
        "trend": 25.531763,
        "fair_value": 25.761671,
        "relative_strength": -3.727928,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 69.911513,
        "energy": 59.118126,
        "activity_lines": [
          27.176667,
          26.668,
          26.259423,
          25.831512
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.76,
        "volume": 16926596,
        "typical_volume": 23363221.8,
        "trend": 25.553354,
        "fair_value": 25.811894,
        "relative_strength": -7.375041,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.439538,
        "energy": 54.611865,
        "activity_lines": [
          27.221333,
          26.733818,
          26.356381,
          25.910753
        ]
      },
      {
        "date": "2026-07-31",
        "close": 27.56,
        "volume": 17060382,
        "typical_volume": 23326735.1,
        "trend": 25.602608,
        "fair_value": 25.864115,
        "relative_strength": -4.594743,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.762333,
        "energy": 55.790949,
        "activity_lines": [
          27.434,
          26.929818,
          26.518857,
          26.040214
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.52,
        "volume": 27976402,
        "typical_volume": 23599546.9,
        "trend": 25.674566,
        "fair_value": 25.913976,
        "relative_strength": -5.623881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.020315,
        "energy": 58.24898,
        "activity_lines": [
          27.823333,
          27.27,
          26.754381,
          26.228433
        ]
      }
    ],
    "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."
    }
  }
}