{
  "ticker": {
    "uuid": "8f3886d8-ffcc-4005-9424-67724f808b54",
    "symbol": "SBLK",
    "name": "Star Bulk Carriers Corp",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 69.893,
    "architecture_energy": 65.419,
    "architecture_maturity": 18.093,
    "architecture_confidence": 85.569,
    "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": 24.55,
        "rotation_up": 69.03,
        "upward_expansion": 86.37,
        "deceleration": 47.01,
        "rotation_down": 11.93,
        "downward_expansion": 13.03
      },
      "activity_lines": [
        28.004667,
        27.039563,
        26.42399,
        25.665501
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 28.9,
    "trend_reference": 24.571428,
    "distance_from_trend": 0.176163,
    "trend_direction": "Improving",
    "fair_value": 19.02632,
    "distance_from_fair_value": 0.518949,
    "fair_value_direction": "Improving",
    "relative_strength": 16.532231,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.31564,
    "excess_performance": 0.128186,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.176163,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.12433,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.518949,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.058769,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.165322,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.033309,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.31564,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.639927,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7224298,
      "relative_activity": 1.229419,
      "balance": 1.639927,
      "dry_up": 1.081957,
      "accumulation_observations": 6,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.072981,
      "annualized_volatility": 0.353286,
      "from_high_reference": -0.020339,
      "from_low_reference": 0.797375
    },
    "levels": {
      "trend_reference": 24.571428,
      "fair_value_reference": 19.02632,
      "structural_low": 21.091573,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 31,
        "median_return": 0.032188,
        "positive_rate": 0.580645,
        "directional_follow_through": 0.580645,
        "median_excess_return": 0.004605,
        "regime_survival": 0.741935,
        "best_return": 0.223939,
        "worst_return": -0.280221,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.128021,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.018064,
        "regime_survival": 0.666667,
        "best_return": 0.467819,
        "worst_return": -0.178775,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.202514,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.112127,
        "regime_survival": 0.428571,
        "best_return": 0.458762,
        "worst_return": -0.319775,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.226341,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.058317,
        "regime_survival": 0.5,
        "best_return": 0.63386,
        "worst_return": -0.179769,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-28",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.122231,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-09",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.052883,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-06",
        "end": "2025-03-14",
        "tenure": "Extended",
        "return": -0.129133,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.036188,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.088685,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.125453,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.064154,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-20",
        "end": "2025-10-31",
        "tenure": "Established",
        "return": 0.145695,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-07",
        "end": "2025-11-28",
        "tenure": "New",
        "return": 0.094008,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.104991,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.005345,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.057085,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-10",
        "end": "2026-07-24",
        "tenure": "New",
        "return": 0.067932,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.005217,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 15.046183,
        "volume": 4741750,
        "typical_volume": 4969451.65,
        "trend": 16.062652,
        "fair_value": 13.039215,
        "relative_strength": -17.542314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.545811,
        "energy": 20.62445,
        "activity_lines": [
          14.998105,
          14.785877,
          14.883221,
          15.348601
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.174647,
        "volume": 4063476,
        "typical_volume": 4966300.15,
        "trend": 15.923368,
        "fair_value": 13.104844,
        "relative_strength": -23.194842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.406078,
        "energy": 22.917373,
        "activity_lines": [
          14.779163,
          14.68657,
          14.781811,
          15.226794
        ]
      },
      {
        "date": "2023-09-01",
        "close": 14.769797,
        "volume": 3314402,
        "typical_volume": 4930376.25,
        "trend": 15.835569,
        "fair_value": 13.176012,
        "relative_strength": -22.523259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.301244,
        "energy": 19.449877,
        "activity_lines": [
          14.745684,
          14.712062,
          14.748711,
          15.15237
        ]
      },
      {
        "date": "2023-09-08",
        "close": 14.786562,
        "volume": 2793094,
        "typical_volume": 4878981.35,
        "trend": 15.729236,
        "fair_value": 13.247428,
        "relative_strength": -21.095476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.980327,
        "energy": 22.108873,
        "activity_lines": [
          14.725837,
          14.740711,
          14.731825,
          15.084692
        ]
      },
      {
        "date": "2023-09-15",
        "close": 15.121858,
        "volume": 4413991,
        "typical_volume": 4918987.25,
        "trend": 15.66782,
        "fair_value": 13.319339,
        "relative_strength": -18.622656,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.737427,
        "energy": 14.875632,
        "activity_lines": [
          14.830694,
          14.82521,
          14.755818,
          15.045506
        ]
      },
      {
        "date": "2023-09-22",
        "close": 15.490684,
        "volume": 4196580,
        "typical_volume": 4776831.2,
        "trend": 15.541279,
        "fair_value": 13.394565,
        "relative_strength": -13.488726,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.025202,
        "energy": 6.715028,
        "activity_lines": [
          15.067652,
          14.958256,
          14.823779,
          15.034078
        ]
      },
      {
        "date": "2023-09-29",
        "close": 16.161277,
        "volume": 4280144,
        "typical_volume": 4690828.6,
        "trend": 15.443786,
        "fair_value": 13.472225,
        "relative_strength": -9.712643,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.581563,
        "energy": 31.004419,
        "activity_lines": [
          15.498508,
          15.196654,
          14.953884,
          15.074078
        ]
      },
      {
        "date": "2023-10-06",
        "close": 16.613926,
        "volume": 5406643,
        "typical_volume": 4604478.4,
        "trend": 15.416342,
        "fair_value": 13.55363,
        "relative_strength": -8.486782,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.31773,
        "energy": 52.864385,
        "activity_lines": [
          15.947805,
          15.477706,
          15.121531,
          15.149571
        ]
      },
      {
        "date": "2023-10-13",
        "close": 16.52172,
        "volume": 3923777,
        "typical_volume": 4454688.55,
        "trend": 15.418533,
        "fair_value": 13.635958,
        "relative_strength": -8.680171,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.379176,
        "energy": 63.425315,
        "activity_lines": [
          16.243424,
          15.710659,
          15.273669,
          15.220886
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.203189,
        "volume": 3948644,
        "typical_volume": 4418246.85,
        "trend": 15.387318,
        "fair_value": 13.715435,
        "relative_strength": -7.51868,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.346426,
        "energy": 62.042359,
        "activity_lines": [
          16.317189,
          15.857677,
          15.38497,
          15.271509
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.490684,
        "volume": 4594218,
        "typical_volume": 4386200.6,
        "trend": 15.337447,
        "fair_value": 13.792773,
        "relative_strength": -9.1415,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.825576,
        "energy": 46.674468,
        "activity_lines": [
          16.081364,
          15.857986,
          15.422647,
          15.278177
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.750539,
        "volume": 3329835,
        "typical_volume": 4339171.6,
        "trend": 15.30857,
        "fair_value": 13.870474,
        "relative_strength": -12.845883,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.601142,
        "energy": 24.53949,
        "activity_lines": [
          15.932158,
          15.897459,
          15.482019,
          15.304828
        ]
      },
      {
        "date": "2023-11-10",
        "close": 15.423625,
        "volume": 3684846,
        "typical_volume": 4421894.4,
        "trend": 15.228044,
        "fair_value": 13.944672,
        "relative_strength": -16.625032,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 36.669391,
        "energy": 19.421678,
        "activity_lines": [
          15.701362,
          15.848842,
          15.507097,
          15.312251
        ]
      },
      {
        "date": "2023-11-17",
        "close": 15.934952,
        "volume": 4639353,
        "typical_volume": 4421969.3,
        "trend": 15.203706,
        "fair_value": 14.022218,
        "relative_strength": -15.244883,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.541861,
        "energy": 20.909919,
        "activity_lines": [
          15.720362,
          15.881304,
          15.577788,
          15.357858
        ]
      },
      {
        "date": "2023-11-24",
        "close": 16.965987,
        "volume": 3070979,
        "typical_volume": 4364166.25,
        "trend": 15.203279,
        "fair_value": 14.103874,
        "relative_strength": -10.134059,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.207248,
        "energy": 37.720662,
        "activity_lines": [
          16.122159,
          16.080348,
          15.739864,
          15.471554
        ]
      },
      {
        "date": "2023-12-01",
        "close": 18.357467,
        "volume": 7554443,
        "typical_volume": 4398465.1,
        "trend": 15.310898,
        "fair_value": 14.191001,
        "relative_strength": -2.732605,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.514413,
        "energy": 74.167281,
        "activity_lines": [
          16.936929,
          16.498859,
          16.020833,
          15.67505
        ]
      },
      {
        "date": "2023-12-08",
        "close": 16.993969,
        "volume": 6745505,
        "typical_volume": 4433043.25,
        "trend": 15.377625,
        "fair_value": 14.272027,
        "relative_strength": -10.064797,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.97794,
        "energy": 67.392146,
        "activity_lines": [
          17.10608,
          16.617338,
          16.153953,
          15.783635
        ]
      },
      {
        "date": "2023-12-15",
        "close": 17.933844,
        "volume": 7572985,
        "typical_volume": 4575941.0,
        "trend": 15.468711,
        "fair_value": 14.357741,
        "relative_strength": -7.73101,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.235816,
        "energy": 77.212588,
        "activity_lines": [
          17.505628,
          16.891563,
          16.362236,
          15.948552
        ]
      },
      {
        "date": "2023-12-22",
        "close": 18.035453,
        "volume": 4999198,
        "typical_volume": 4592651.4,
        "trend": 15.592674,
        "fair_value": 14.442593,
        "relative_strength": -7.490131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.655884,
        "energy": 77.618254,
        "activity_lines": [
          17.771698,
          17.160264,
          16.565704,
          16.114149
        ]
      },
      {
        "date": "2023-12-29",
        "close": 18.001583,
        "volume": 3513017,
        "typical_volume": 4539344.0,
        "trend": 15.692988,
        "fair_value": 14.52691,
        "relative_strength": -7.481235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.338587,
        "energy": 63.544269,
        "activity_lines": [
          17.886444,
          17.395284,
          16.751399,
          16.269562
        ]
      },
      {
        "date": "2024-01-05",
        "close": 18.382614,
        "volume": 5820781,
        "typical_volume": 4593295.55,
        "trend": 15.810758,
        "fair_value": 14.605752,
        "relative_strength": -2.034913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.678075,
        "energy": 69.134838,
        "activity_lines": [
          18.059161,
          17.666885,
          16.960325,
          16.443086
        ]
      },
      {
        "date": "2024-01-12",
        "close": 17.34113,
        "volume": 6332163,
        "typical_volume": 4706729.9,
        "trend": 15.885891,
        "fair_value": 14.676474,
        "relative_strength": -9.884035,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.050098,
        "energy": 46.756783,
        "activity_lines": [
          17.88304,
          17.696544,
          17.054174,
          16.54182
        ]
      },
      {
        "date": "2024-01-19",
        "close": 17.993116,
        "volume": 3755377,
        "typical_volume": 4728778.65,
        "trend": 15.993137,
        "fair_value": 14.751693,
        "relative_strength": -8.32417,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.754421,
        "energy": 43.800461,
        "activity_lines": [
          17.901104,
          17.815827,
          17.195038,
          16.67777
        ]
      },
      {
        "date": "2024-01-26",
        "close": 18.662036,
        "volume": 5502174,
        "typical_volume": 4864232.65,
        "trend": 16.131694,
        "fair_value": 14.833979,
        "relative_strength": -4.785288,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.061132,
        "energy": 47.978813,
        "activity_lines": [
          18.13819,
          18.010013,
          17.384259,
          16.849957
        ]
      },
      {
        "date": "2024-02-02",
        "close": 18.221734,
        "volume": 4950153,
        "typical_volume": 4891040.75,
        "trend": 16.26896,
        "fair_value": 14.909502,
        "relative_strength": -7.591434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.264382,
        "energy": 40.736194,
        "activity_lines": [
          18.186736,
          18.074561,
          17.513093,
          16.984798
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.16161,
        "volume": 6579822,
        "typical_volume": 5010202.85,
        "trend": 16.421712,
        "fair_value": 14.982638,
        "relative_strength": -3.947429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.419961,
        "energy": 50.900931,
        "activity_lines": [
          18.533897,
          18.287164,
          17.716677,
          17.171421
        ]
      },
      {
        "date": "2024-02-16",
        "close": 18.662036,
        "volume": 9331134,
        "typical_volume": 5262752.35,
        "trend": 16.577752,
        "fair_value": 15.054823,
        "relative_strength": -4.505633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.410979,
        "energy": 47.868196,
        "activity_lines": [
          18.662601,
          18.394314,
          17.855202,
          17.315958
        ]
      },
      {
        "date": "2024-02-23",
        "close": 20.177692,
        "volume": 7352611,
        "typical_volume": 5360050.75,
        "trend": 16.753993,
        "fair_value": 15.134613,
        "relative_strength": 2.667051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.746049,
        "energy": 65.801957,
        "activity_lines": [
          19.208463,
          18.74671,
          18.126167,
          17.548212
        ]
      },
      {
        "date": "2024-03-01",
        "close": 20.592592,
        "volume": 6426658,
        "typical_volume": 5485194.8,
        "trend": 16.941059,
        "fair_value": 15.218752,
        "relative_strength": 3.494319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.056721,
        "energy": 80.957273,
        "activity_lines": [
          19.746986,
          19.133745,
          18.419676,
          17.795864
        ]
      },
      {
        "date": "2024-03-08",
        "close": 21.075231,
        "volume": 8217143,
        "typical_volume": 5698619.75,
        "trend": 17.134925,
        "fair_value": 15.29782,
        "relative_strength": 8.107841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.165931,
        "energy": 86.589268,
        "activity_lines": [
          20.317685,
          19.562039,
          18.739765,
          18.062585
        ]
      },
      {
        "date": "2024-03-15",
        "close": 20.390725,
        "volume": 8416249,
        "typical_volume": 5889721.3,
        "trend": 17.313076,
        "fair_value": 15.369156,
        "relative_strength": 6.160204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.298231,
        "energy": 81.661477,
        "activity_lines": [
          20.469983,
          19.809992,
          18.971463,
          18.272636
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.279154,
        "volume": 9082302,
        "typical_volume": 6177344.65,
        "trend": 17.549893,
        "fair_value": 15.452329,
        "relative_strength": 7.918771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.977268,
        "energy": 82.335102,
        "activity_lines": [
          20.836483,
          20.182968,
          19.26444,
          18.528512
        ]
      },
      {
        "date": "2024-03-29",
        "close": 20.589112,
        "volume": 5522707,
        "typical_volume": 6269237.7,
        "trend": 17.74387,
        "fair_value": 15.533313,
        "relative_strength": 5.293378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.74275,
        "energy": 59.082373,
        "activity_lines": [
          20.798494,
          20.35888,
          19.465372,
          18.724591
        ]
      },
      {
        "date": "2024-04-05",
        "close": 20.597738,
        "volume": 10183097,
        "typical_volume": 6546424.9,
        "trend": 17.937576,
        "fair_value": 15.613367,
        "relative_strength": 6.455142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.43957,
        "energy": 51.136369,
        "activity_lines": [
          20.735952,
          20.489161,
          19.642528,
          18.908711
        ]
      },
      {
        "date": "2024-04-12",
        "close": 19.916322,
        "volume": 11918110,
        "typical_volume": 6988781.45,
        "trend": 18.097391,
        "fair_value": 15.684759,
        "relative_strength": 3.947402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.106778,
        "energy": 39.414557,
        "activity_lines": [
          20.445929,
          20.460354,
          19.732583,
          19.036372
        ]
      },
      {
        "date": "2024-04-19",
        "close": 19.864569,
        "volume": 7214514,
        "typical_volume": 6971785.0,
        "trend": 18.243188,
        "fair_value": 15.749837,
        "relative_strength": 9.828566,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.658615,
        "energy": 28.215145,
        "activity_lines": [
          20.215915,
          20.391326,
          19.80366,
          19.150384
        ]
      },
      {
        "date": "2024-04-26",
        "close": 21.313656,
        "volume": 5723772,
        "typical_volume": 6920698.35,
        "trend": 18.414934,
        "fair_value": 15.820895,
        "relative_strength": 13.547149,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.16046,
        "energy": 34.774458,
        "activity_lines": [
          20.504007,
          20.572988,
          20.005569,
          19.348479
        ]
      },
      {
        "date": "2024-05-03",
        "close": 21.408536,
        "volume": 5790378,
        "typical_volume": 6831568.0,
        "trend": 18.574754,
        "fair_value": 15.878941,
        "relative_strength": 12.780008,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.187798,
        "energy": 40.403593,
        "activity_lines": [
          20.821426,
          20.723689,
          20.195944,
          19.541614
        ]
      },
      {
        "date": "2024-05-10",
        "close": 22.141705,
        "volume": 10997158,
        "typical_volume": 7131466.0,
        "trend": 18.762087,
        "fair_value": 15.945945,
        "relative_strength": 14.721163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.181691,
        "energy": 51.569606,
        "activity_lines": [
          21.328606,
          20.985315,
          20.439599,
          19.77174
        ]
      },
      {
        "date": "2024-05-17",
        "close": 22.469475,
        "volume": 6525078,
        "typical_volume": 7282069.05,
        "trend": 18.970963,
        "fair_value": 16.013994,
        "relative_strength": 13.706189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.223907,
        "energy": 73.028569,
        "activity_lines": [
          21.842112,
          21.278369,
          20.694916,
          20.010926
        ]
      },
      {
        "date": "2024-05-24",
        "close": 23.280274,
        "volume": 8078743,
        "typical_volume": 7394967.15,
        "trend": 19.230616,
        "fair_value": 16.093499,
        "relative_strength": 15.734986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.037278,
        "energy": 82.849112,
        "activity_lines": [
          22.455674,
          21.693492,
          21.006176,
          20.288947
        ]
      },
      {
        "date": "2024-05-31",
        "close": 23.357904,
        "volume": 6740706,
        "typical_volume": 7415394.3,
        "trend": 19.484195,
        "fair_value": 16.175754,
        "relative_strength": 17.50932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.144904,
        "energy": 85.151704,
        "activity_lines": [
          22.867399,
          22.070192,
          21.301508,
          20.555223
        ]
      },
      {
        "date": "2024-06-07",
        "close": 22.712511,
        "volume": 11523132,
        "typical_volume": 7803782.05,
        "trend": 19.727158,
        "fair_value": 16.240755,
        "relative_strength": 10.905786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.89839,
        "energy": 78.236739,
        "activity_lines": [
          22.92771,
          22.291752,
          21.506722,
          20.763502
        ]
      },
      {
        "date": "2024-06-14",
        "close": 21.10541,
        "volume": 7326680,
        "typical_volume": 7895007.35,
        "trend": 19.899506,
        "fair_value": 16.296955,
        "relative_strength": -0.551825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.63014,
        "energy": 48.559803,
        "activity_lines": [
          22.365389,
          22.182505,
          21.536406,
          20.852421
        ]
      },
      {
        "date": "2024-06-21",
        "close": 21.398417,
        "volume": 8898668,
        "typical_volume": 8092433.1,
        "trend": 20.047254,
        "fair_value": 16.349922,
        "relative_strength": 0.46425,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.249028,
        "energy": 31.60623,
        "activity_lines": [
          21.969823,
          22.117302,
          21.58236,
          20.949125
        ]
      },
      {
        "date": "2024-06-28",
        "close": 21.647029,
        "volume": 7905346,
        "typical_volume": 8158709.3,
        "trend": 20.156906,
        "fair_value": 16.415134,
        "relative_strength": 1.447141,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.418484,
        "energy": 22.496519,
        "activity_lines": [
          21.728531,
          22.070353,
          21.636865,
          21.052336
        ]
      },
      {
        "date": "2024-07-05",
        "close": 21.496086,
        "volume": 5080584,
        "typical_volume": 7946181.8,
        "trend": 20.306976,
        "fair_value": 16.479485,
        "relative_strength": -2.912781,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.994656,
        "energy": 24.218652,
        "activity_lines": [
          21.545809,
          21.963552,
          21.665158,
          21.138735
        ]
      },
      {
        "date": "2024-07-12",
        "close": 21.425054,
        "volume": 6757210,
        "typical_volume": 7916411.75,
        "trend": 20.42335,
        "fair_value": 16.554853,
        "relative_strength": -3.162397,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.930481,
        "energy": 19.720832,
        "activity_lines": [
          21.46353,
          21.84052,
          21.673191,
          21.210869
        ]
      },
      {
        "date": "2024-07-19",
        "close": 21.140926,
        "volume": 4816204,
        "typical_volume": 7835889.05,
        "trend": 20.526866,
        "fair_value": 16.624147,
        "relative_strength": -0.808771,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.059679,
        "energy": 15.446532,
        "activity_lines": [
          21.372372,
          21.665527,
          21.648225,
          21.257164
        ]
      },
      {
        "date": "2024-07-26",
        "close": 20.324057,
        "volume": 6026442,
        "typical_volume": 7726354.0,
        "trend": 20.604282,
        "fair_value": 16.686417,
        "relative_strength": -2.315299,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.821371,
        "energy": 14.903184,
        "activity_lines": [
          21.006557,
          21.360208,
          21.54285,
          21.24408
        ]
      },
      {
        "date": "2024-08-02",
        "close": 19.001084,
        "volume": 6462425,
        "typical_volume": 7628662.8,
        "trend": 20.624897,
        "fair_value": 16.738992,
        "relative_strength": -5.852488,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.880074,
        "energy": 41.63887,
        "activity_lines": [
          20.271375,
          20.853357,
          21.315055,
          21.140648
        ]
      },
      {
        "date": "2024-08-09",
        "close": 18.619286,
        "volume": 9172102,
        "typical_volume": 7633152.8,
        "trend": 20.667503,
        "fair_value": 16.785152,
        "relative_strength": -8.06013,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.264279,
        "energy": 63.305228,
        "activity_lines": [
          19.585323,
          20.354891,
          21.057515,
          21.011254
        ]
      },
      {
        "date": "2024-08-16",
        "close": 18.779109,
        "volume": 8457917,
        "typical_volume": 7779913.3,
        "trend": 20.693702,
        "fair_value": 16.830443,
        "relative_strength": -11.97262,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.574322,
        "energy": 69.835755,
        "activity_lines": [
          19.144332,
          19.971641,
          20.827863,
          20.889422
        ]
      },
      {
        "date": "2024-08-23",
        "close": 18.850141,
        "volume": 8878716,
        "typical_volume": 7714694.25,
        "trend": 20.699973,
        "fair_value": 16.863507,
        "relative_strength": -12.556923,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.684032,
        "energy": 71.054953,
        "activity_lines": [
          18.903415,
          19.672822,
          20.613595,
          20.770482
        ]
      },
      {
        "date": "2024-08-30",
        "close": 19.603931,
        "volume": 9260246,
        "typical_volume": 7581801.05,
        "trend": 20.746046,
        "fair_value": 16.900887,
        "relative_strength": -8.417617,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.364938,
        "energy": 71.252629,
        "activity_lines": [
          19.06648,
          19.55206,
          20.479438,
          20.69977
        ]
      },
      {
        "date": "2024-09-06",
        "close": 18.227895,
        "volume": 11424771,
        "typical_volume": 7792313.9,
        "trend": 20.714922,
        "fair_value": 16.93048,
        "relative_strength": -9.637388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.162721,
        "energy": 66.069588,
        "activity_lines": [
          18.818875,
          19.213737,
          20.215718,
          20.537309
        ]
      },
      {
        "date": "2024-09-13",
        "close": 19.081037,
        "volume": 10272571,
        "typical_volume": 8019753.85,
        "trend": 20.728889,
        "fair_value": 16.967983,
        "relative_strength": -10.676193,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.451956,
        "energy": 46.954288,
        "activity_lines": [
          18.907197,
          19.092697,
          20.041043,
          20.431897
        ]
      },
      {
        "date": "2024-09-20",
        "close": 19.80575,
        "volume": 8276761,
        "typical_volume": 8144073.0,
        "trend": 20.716491,
        "fair_value": 17.010871,
        "relative_strength": -8.551713,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.392964,
        "energy": 34.253563,
        "activity_lines": [
          19.206306,
          19.147333,
          19.946019,
          20.372339
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.594597,
        "volume": 9228402,
        "typical_volume": 8055635.2,
        "trend": 20.749891,
        "fair_value": 17.055871,
        "relative_strength": -1.268823,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.123934,
        "energy": 12.835152,
        "activity_lines": [
          20.033254,
          19.556656,
          20.028995,
          20.428991
        ]
      },
      {
        "date": "2024-10-04",
        "close": 20.83319,
        "volume": 7387654,
        "typical_volume": 8098764.0,
        "trend": 20.741823,
        "fair_value": 17.104569,
        "relative_strength": -4.734351,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.265145,
        "energy": 20.630261,
        "activity_lines": [
          20.423437,
          19.819293,
          20.042061,
          20.434365
        ]
      },
      {
        "date": "2024-10-11",
        "close": 19.310376,
        "volume": 6582749,
        "typical_volume": 8023964.3,
        "trend": 20.705811,
        "fair_value": 17.146758,
        "relative_strength": -12.539041,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.621777,
        "energy": 24.951743,
        "activity_lines": [
          20.224065,
          19.795797,
          19.917889,
          20.342014
        ]
      },
      {
        "date": "2024-10-18",
        "close": 18.714094,
        "volume": 8846647,
        "typical_volume": 8129261.35,
        "trend": 20.620309,
        "fair_value": 17.186937,
        "relative_strength": -15.132404,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.034221,
        "energy": 22.945514,
        "activity_lines": [
          19.753766,
          19.658263,
          19.755832,
          20.213516
        ]
      },
      {
        "date": "2024-10-25",
        "close": 17.750869,
        "volume": 7101434,
        "typical_volume": 7908176.45,
        "trend": 20.525701,
        "fair_value": 17.224231,
        "relative_strength": -19.314092,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.604539,
        "energy": 45.995085,
        "activity_lines": [
          18.986855,
          19.343873,
          19.524153,
          20.028391
        ]
      },
      {
        "date": "2024-11-01",
        "close": 17.466488,
        "volume": 7087943,
        "typical_volume": 7896239.6,
        "trend": 20.421326,
        "fair_value": 17.264915,
        "relative_strength": -19.066018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.721012,
        "energy": 76.196107,
        "activity_lines": [
          18.262143,
          18.996473,
          19.289017,
          19.831022
        ]
      },
      {
        "date": "2024-11-08",
        "close": 18.438887,
        "volume": 6607990,
        "typical_volume": 7781705.7,
        "trend": 20.372078,
        "fair_value": 17.31224,
        "relative_strength": -18.816367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.646248,
        "energy": 72.623307,
        "activity_lines": [
          18.136771,
          18.851031,
          19.163818,
          19.703123
        ]
      },
      {
        "date": "2024-11-15",
        "close": 18.613185,
        "volume": 6666953,
        "typical_volume": 7719786.05,
        "trend": 20.330365,
        "fair_value": 17.361754,
        "relative_strength": -14.998442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.513337,
        "energy": 68.683711,
        "activity_lines": [
          18.229118,
          18.758461,
          19.069313,
          19.589646
        ]
      },
      {
        "date": "2024-11-22",
        "close": 17.090371,
        "volume": 13321672,
        "typical_volume": 8131840.45,
        "trend": 20.189589,
        "fair_value": 17.393853,
        "relative_strength": -23.037606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.29617,
        "energy": 68.568691,
        "activity_lines": [
          17.86034,
          18.382011,
          18.844224,
          19.380614
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.888633,
        "volume": 8525089,
        "typical_volume": 8220234.4,
        "trend": 20.005592,
        "fair_value": 17.415624,
        "relative_strength": -28.495466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.208638,
        "energy": 66.388447,
        "activity_lines": [
          17.199231,
          17.823257,
          18.525664,
          19.103133
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.193089,
        "volume": 15320611,
        "typical_volume": 8745454.75,
        "trend": 19.773972,
        "fair_value": 17.430489,
        "relative_strength": -33.365458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.483229,
        "energy": 83.871586,
        "activity_lines": [
          16.430423,
          17.20926,
          18.167225,
          18.792649
        ]
      },
      {
        "date": "2024-12-13",
        "close": 14.403961,
        "volume": 13210503,
        "typical_volume": 9104657.8,
        "trend": 19.505121,
        "fair_value": 17.445108,
        "relative_strength": -36.820648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.80381,
        "energy": 92.847744,
        "activity_lines": [
          15.550132,
          16.568177,
          17.761954,
          18.446197
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.071196,
        "volume": 10983646,
        "typical_volume": 9330718.85,
        "trend": 19.198152,
        "fair_value": 17.452938,
        "relative_strength": -36.376649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.547808,
        "energy": 92.504544,
        "activity_lines": [
          14.827915,
          15.983486,
          17.353182,
          18.095621
        ]
      },
      {
        "date": "2024-12-27",
        "close": 14.118734,
        "volume": 6302743,
        "typical_volume": 9187250.9,
        "trend": 18.89018,
        "fair_value": 17.454734,
        "relative_strength": -36.245375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.905734,
        "energy": 90.766821,
        "activity_lines": [
          14.424343,
          15.502697,
          16.972414,
          17.767917
        ]
      },
      {
        "date": "2025-01-03",
        "close": 14.470514,
        "volume": 6898679,
        "typical_volume": 9109289.0,
        "trend": 18.615447,
        "fair_value": 17.459176,
        "relative_strength": -33.591749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.964715,
        "energy": 86.831419,
        "activity_lines": [
          14.33614,
          15.169419,
          16.646579,
          17.482777
        ]
      },
      {
        "date": "2025-01-10",
        "close": 14.499037,
        "volume": 8776851,
        "typical_volume": 9104195.75,
        "trend": 18.395234,
        "fair_value": 17.464935,
        "relative_strength": -31.527698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.165676,
        "energy": 80.103301,
        "activity_lines": [
          14.351986,
          14.90097,
          16.343978,
          17.217202
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13.957105,
        "volume": 9246564,
        "typical_volume": 9103511.65,
        "trend": 18.14719,
        "fair_value": 17.475751,
        "relative_strength": -35.442729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.920985,
        "energy": 66.809484,
        "activity_lines": [
          14.233459,
          14.587942,
          16.010484,
          16.930871
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.080704,
        "volume": 8432614,
        "typical_volume": 8953903.8,
        "trend": 17.89498,
        "fair_value": 17.478086,
        "relative_strength": -35.309609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.454986,
        "energy": 63.92521,
        "activity_lines": [
          14.185921,
          14.378873,
          15.715651,
          16.668517
        ]
      },
      {
        "date": "2025-01-31",
        "close": 14.613127,
        "volume": 6435702,
        "typical_volume": 8762060.35,
        "trend": 17.665548,
        "fair_value": 17.478511,
        "relative_strength": -31.446968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.099133,
        "energy": 57.894974,
        "activity_lines": [
          14.315224,
          14.349017,
          15.491274,
          16.456785
        ]
      },
      {
        "date": "2025-02-07",
        "close": 14.622635,
        "volume": 6841406,
        "typical_volume": 8690292.6,
        "trend": 17.4388,
        "fair_value": 17.468824,
        "relative_strength": -30.959979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.419192,
        "energy": 49.822169,
        "activity_lines": [
          14.414736,
          14.365931,
          15.289078,
          16.260468
        ]
      },
      {
        "date": "2025-02-14",
        "close": 15.30718,
        "volume": 8665213,
        "typical_volume": 8662133.15,
        "trend": 17.244342,
        "fair_value": 17.452059,
        "relative_strength": -29.264284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.790872,
        "energy": 38.310451,
        "activity_lines": [
          14.732289,
          14.530325,
          15.176758,
          16.122944
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.594112,
        "volume": 19936135,
        "typical_volume": 9289557.2,
        "trend": 17.053344,
        "fair_value": 17.421332,
        "relative_strength": -30.388615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.711045,
        "energy": 31.326028,
        "activity_lines": [
          14.758276,
          14.562997,
          15.026467,
          15.951961
        ]
      },
      {
        "date": "2025-02-28",
        "close": 14.860324,
        "volume": 12134720,
        "typical_volume": 9567155.75,
        "trend": 16.915319,
        "fair_value": 17.397822,
        "relative_strength": -26.00498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.232769,
        "energy": 27.04272,
        "activity_lines": [
          14.830534,
          14.640613,
          14.931239,
          15.810476
        ]
      },
      {
        "date": "2025-03-07",
        "close": 15.367257,
        "volume": 13194608,
        "typical_volume": 9784553.8,
        "trend": 16.806918,
        "fair_value": 17.369748,
        "relative_strength": -20.270975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.06098,
        "energy": 20.023215,
        "activity_lines": [
          15.019794,
          14.796051,
          14.905481,
          15.710601
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.87408,
        "volume": 16588807,
        "typical_volume": 10258922.45,
        "trend": 16.710083,
        "fair_value": 17.348451,
        "relative_strength": -14.967234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.339228,
        "energy": 12.990986,
        "activity_lines": [
          15.32772,
          15.020938,
          14.94393,
          15.650418
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.854955,
        "volume": 10848308,
        "typical_volume": 10446940.7,
        "trend": 16.610244,
        "fair_value": 17.326486,
        "relative_strength": -14.649012,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.498563,
        "energy": 13.847695,
        "activity_lines": [
          15.545842,
          15.216829,
          14.989494,
          15.595249
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.281193,
        "volume": 6002329,
        "typical_volume": 10416657.65,
        "trend": 16.466152,
        "fair_value": 17.296894,
        "relative_strength": -15.180022,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.110846,
        "energy": 15.07531,
        "activity_lines": [
          15.536191,
          15.283746,
          14.988088,
          15.509503
        ]
      },
      {
        "date": "2025-04-04",
        "close": 12.50801,
        "volume": 10201297,
        "typical_volume": 10593374.85,
        "trend": 16.27549,
        "fair_value": 17.258179,
        "relative_strength": -22.293732,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.116944,
        "energy": 31.971667,
        "activity_lines": [
          14.55634,
          14.822374,
          14.737606,
          15.254139
        ]
      },
      {
        "date": "2025-04-11",
        "close": 13.617283,
        "volume": 14324023,
        "typical_volume": 10643492.4,
        "trend": 16.093365,
        "fair_value": 17.2175,
        "relative_strength": -20.678737,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -57.470037,
        "energy": 42.95928,
        "activity_lines": [
          14.103068,
          14.591283,
          14.621842,
          15.082642
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.186962,
        "volume": 4531045,
        "typical_volume": 10443790.2,
        "trend": 15.872738,
        "fair_value": 17.181415,
        "relative_strength": -20.656477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.361288,
        "energy": 62.116957,
        "activity_lines": [
          13.623021,
          14.300057,
          14.481633,
          14.895132
        ]
      },
      {
        "date": "2025-04-25",
        "close": 13.856351,
        "volume": 4018983,
        "typical_volume": 9878708.8,
        "trend": 15.614797,
        "fair_value": 17.152184,
        "relative_strength": -20.818657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.042984,
        "energy": 59.554967,
        "activity_lines": [
          13.545244,
          14.156642,
          14.41804,
          14.765043
        ]
      },
      {
        "date": "2025-05-02",
        "close": 14.372737,
        "volume": 3821688,
        "typical_volume": 9409268.05,
        "trend": 15.399448,
        "fair_value": 17.116642,
        "relative_strength": -19.765736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.946939,
        "energy": 41.06709,
        "activity_lines": [
          13.772837,
          14.133493,
          14.409993,
          14.68491
        ]
      },
      {
        "date": "2025-05-09",
        "close": 14.841309,
        "volume": 4326264,
        "typical_volume": 9076398.95,
        "trend": 15.250479,
        "fair_value": 17.086246,
        "relative_strength": -16.12464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.009468,
        "energy": 19.47131,
        "activity_lines": [
          14.217184,
          14.199565,
          14.44672,
          14.648901
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.682826,
        "volume": 7426473,
        "typical_volume": 9132585.45,
        "trend": 15.149437,
        "fair_value": 17.052212,
        "relative_strength": -16.181365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.89611,
        "energy": 11.907494,
        "activity_lines": [
          14.786483,
          14.418985,
          14.559924,
          14.676794
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.472447,
        "volume": 6194524,
        "typical_volume": 9097377.7,
        "trend": 15.07349,
        "fair_value": 17.014687,
        "relative_strength": -14.360234,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.242744,
        "energy": 18.647551,
        "activity_lines": [
          15.147953,
          14.594417,
          14.645644,
          14.697634
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.788016,
        "volume": 4931493,
        "typical_volume": 8905109.8,
        "trend": 15.017541,
        "fair_value": 16.9721,
        "relative_strength": -13.253502,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.871827,
        "energy": 31.096436,
        "activity_lines": [
          15.462247,
          14.834528,
          14.756648,
          14.743732
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.007958,
        "volume": 6710456,
        "typical_volume": 8778304.4,
        "trend": 14.93651,
        "fair_value": 16.95547,
        "relative_strength": -12.924672,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.471503,
        "energy": 49.374575,
        "activity_lines": [
          15.721077,
          15.115845,
          14.88246,
          14.80763
        ]
      },
      {
        "date": "2025-06-13",
        "close": 16.688944,
        "volume": 8560390,
        "typical_volume": 8784693.2,
        "trend": 14.872368,
        "fair_value": 16.944001,
        "relative_strength": -8.066307,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.347013,
        "energy": 69.373359,
        "activity_lines": [
          16.097888,
          15.507764,
          15.063362,
          14.92069
        ]
      },
      {
        "date": "2025-06-20",
        "close": 15.796949,
        "volume": 4925699,
        "typical_volume": 8709193.05,
        "trend": 14.829254,
        "fair_value": 16.937961,
        "relative_strength": -12.230977,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.618607,
        "energy": 59.048171,
        "activity_lines": [
          16.054192,
          15.661485,
          15.146892,
          14.980341
        ]
      },
      {
        "date": "2025-06-27",
        "close": 16.420386,
        "volume": 13766778,
        "typical_volume": 9055461.65,
        "trend": 14.846979,
        "fair_value": 16.93972,
        "relative_strength": -11.634492,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.815516,
        "energy": 57.65109,
        "activity_lines": [
          16.210699,
          15.888928,
          15.284159,
          15.082994
        ]
      },
      {
        "date": "2025-07-04",
        "close": 17.30279,
        "volume": 9575039,
        "typical_volume": 9100952.95,
        "trend": 14.917303,
        "fair_value": 16.951294,
        "relative_strength": -7.593862,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.122663,
        "energy": 70.98333,
        "activity_lines": [
          16.598146,
          16.218019,
          15.496904,
          15.241434
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.763175,
        "volume": 7696526,
        "typical_volume": 8488972.5,
        "trend": 15.029277,
        "fair_value": 16.96007,
        "relative_strength": -4.160418,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.693631,
        "energy": 77.029875,
        "activity_lines": [
          17.038069,
          16.568153,
          15.743993,
          15.425038
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.80154,
        "volume": 5496490,
        "typical_volume": 8157061.0,
        "trend": 15.153621,
        "fair_value": 16.96166,
        "relative_strength": -4.446411,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.244728,
        "energy": 80.863303,
        "activity_lines": [
          17.373766,
          16.863618,
          15.979645,
          15.603894
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.031732,
        "volume": 6357792,
        "typical_volume": 7815220.2,
        "trend": 15.284055,
        "fair_value": 16.962138,
        "relative_strength": -3.39527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.014576,
        "energy": 84.111659,
        "activity_lines": [
          17.712021,
          17.147115,
          16.223214,
          15.789579
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.667261,
        "volume": 4582250,
        "typical_volume": 7214892.35,
        "trend": 15.390613,
        "fair_value": 16.962249,
        "relative_strength": -2.606483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.790199,
        "energy": 76.798443,
        "activity_lines": [
          17.7798,
          17.321636,
          16.419383,
          15.943334
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.070098,
        "volume": 5462783,
        "typical_volume": 6945616.1,
        "trend": 15.509648,
        "fair_value": 16.960076,
        "relative_strength": -3.395546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.956783,
        "energy": 65.714757,
        "activity_lines": [
          17.898732,
          17.529495,
          16.645379,
          16.116204
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17.897453,
        "volume": 4477899,
        "typical_volume": 6869394.6,
        "trend": 15.640993,
        "fair_value": 16.964272,
        "relative_strength": -4.28602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.767219,
        "energy": 54.358164,
        "activity_lines": [
          17.908963,
          17.664471,
          16.844384,
          16.270256
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.338655,
        "volume": 4390483,
        "typical_volume": 6578853.9,
        "trend": 15.782925,
        "fair_value": 16.979936,
        "relative_strength": -0.567194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.488866,
        "energy": 54.226712,
        "activity_lines": [
          18.057309,
          17.845311,
          17.07295,
          16.444299
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17.93501,
        "volume": 6452835,
        "typical_volume": 6185294.5,
        "trend": 15.893654,
        "fair_value": 17.000774,
        "relative_strength": -1.906118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.541867,
        "energy": 48.615156,
        "activity_lines": [
          18.035299,
          17.922767,
          17.235309,
          16.583143
        ]
      },
      {
        "date": "2025-09-05",
        "close": 18.569707,
        "volume": 4150501,
        "typical_volume": 6166267.3,
        "trend": 16.025223,
        "fair_value": 17.022935,
        "relative_strength": 1.089914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.58304,
        "energy": 51.819104,
        "activity_lines": [
          18.231303,
          18.076748,
          17.437554,
          16.755791
        ]
      },
      {
        "date": "2025-09-12",
        "close": 18.473541,
        "volume": 6964878,
        "typical_volume": 6313562.05,
        "trend": 16.130769,
        "fair_value": 17.048598,
        "relative_strength": -0.719203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.004202,
        "energy": 50.168181,
        "activity_lines": [
          18.335088,
          18.174166,
          17.605009,
          16.913747
        ]
      },
      {
        "date": "2025-09-19",
        "close": 18.944756,
        "volume": 6990284,
        "typical_volume": 6471991.85,
        "trend": 16.27579,
        "fair_value": 17.079836,
        "relative_strength": 0.245483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.995744,
        "energy": 53.374486,
        "activity_lines": [
          18.569049,
          18.335973,
          17.795355,
          17.095295
        ]
      },
      {
        "date": "2025-09-26",
        "close": 18.531241,
        "volume": 3825862,
        "typical_volume": 6446971.75,
        "trend": 16.398154,
        "fair_value": 17.115901,
        "relative_strength": -0.68278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.956857,
        "energy": 50.092265,
        "activity_lines": [
          18.595352,
          18.401112,
          17.924546,
          17.240808
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17.704211,
        "volume": 4676110,
        "typical_volume": 6309453.6,
        "trend": 16.476053,
        "fair_value": 17.135118,
        "relative_strength": -5.458051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.462686,
        "energy": 39.731479,
        "activity_lines": [
          18.333138,
          18.302615,
          17.957402,
          17.32507
        ]
      },
      {
        "date": "2025-10-10",
        "close": 16.146317,
        "volume": 6408072,
        "typical_volume": 6320131.0,
        "trend": 16.485127,
        "fair_value": 17.141934,
        "relative_strength": -11.118009,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.08189,
        "energy": 11.927164,
        "activity_lines": [
          17.567014,
          17.92682,
          17.832262,
          17.303796
        ]
      },
      {
        "date": "2025-10-17",
        "close": 17.002197,
        "volume": 4230867,
        "typical_volume": 6285099.7,
        "trend": 16.523369,
        "fair_value": 17.159821,
        "relative_strength": -8.075163,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 4.780917,
        "energy": 18.724117,
        "activity_lines": [
          17.247742,
          17.734292,
          17.785424,
          17.337156
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16.838714,
        "volume": 3098597,
        "typical_volume": 6104506.75,
        "trend": 16.575286,
        "fair_value": 17.184138,
        "relative_strength": -10.410278,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -1.381068,
        "energy": 24.350812,
        "activity_lines": [
          16.972065,
          17.531457,
          17.717236,
          17.357501
        ]
      },
      {
        "date": "2025-10-31",
        "close": 18.098493,
        "volume": 3086116,
        "typical_volume": 5830793.05,
        "trend": 16.761635,
        "fair_value": 17.208153,
        "relative_strength": -5.105266,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.645511,
        "energy": 22.233629,
        "activity_lines": [
          17.256717,
          17.576922,
          17.76507,
          17.455772
        ]
      },
      {
        "date": "2025-11-07",
        "close": 17.492645,
        "volume": 4217159,
        "typical_volume": 5795366.05,
        "trend": 16.890814,
        "fair_value": 17.220902,
        "relative_strength": -4.930029,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.24639,
        "energy": 10.719304,
        "activity_lines": [
          17.36827,
          17.516599,
          17.748492,
          17.502934
        ]
      },
      {
        "date": "2025-11-14",
        "close": 18.194659,
        "volume": 3375017,
        "typical_volume": 5275778.0,
        "trend": 17.057737,
        "fair_value": 17.245108,
        "relative_strength": -0.47705,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.691111,
        "energy": 19.055352,
        "activity_lines": [
          17.727932,
          17.591959,
          17.790698,
          17.587053
        ]
      },
      {
        "date": "2025-11-21",
        "close": 18.406225,
        "volume": 7111283,
        "typical_volume": 5152590.2,
        "trend": 17.2094,
        "fair_value": 17.261347,
        "relative_strength": 4.07127,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.072296,
        "energy": 30.665519,
        "activity_lines": [
          18.02156,
          17.712604,
          17.844604,
          17.674052
        ]
      },
      {
        "date": "2025-11-28",
        "close": 19.137088,
        "volume": 4720842,
        "typical_volume": 5003806.0,
        "trend": 17.368211,
        "fair_value": 17.289661,
        "relative_strength": 3.133569,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.254978,
        "energy": 49.688114,
        "activity_lines": [
          18.465207,
          17.967357,
          17.962862,
          17.798419
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.771786,
        "volume": 7668264,
        "typical_volume": 5112394.7,
        "trend": 17.532561,
        "fair_value": 17.31827,
        "relative_strength": 5.317104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.289982,
        "energy": 71.447428,
        "activity_lines": [
          18.967195,
          18.334013,
          18.135025,
          17.953488
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.664084,
        "volume": 7332813,
        "typical_volume": 5161145.75,
        "trend": 17.598603,
        "fair_value": 17.333218,
        "relative_strength": -4.182876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.905424,
        "energy": 49.859638,
        "activity_lines": [
          18.655062,
          18.294894,
          18.097072,
          17.961974
        ]
      },
      {
        "date": "2025-12-19",
        "close": 17.693089,
        "volume": 7309049,
        "typical_volume": 5297485.7,
        "trend": 17.672624,
        "fair_value": 17.344227,
        "relative_strength": -4.644436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.565028,
        "energy": 26.557297,
        "activity_lines": [
          18.341169,
          18.26178,
          18.063632,
          17.96807
        ]
      },
      {
        "date": "2025-12-26",
        "close": 18.785614,
        "volume": 4441491,
        "typical_volume": 5246421.1,
        "trend": 17.772544,
        "fair_value": 17.367923,
        "relative_strength": -0.183078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.780526,
        "energy": 27.144653,
        "activity_lines": [
          18.424889,
          18.399183,
          18.134119,
          18.039876
        ]
      },
      {
        "date": "2026-01-02",
        "close": 18.727603,
        "volume": 4570705,
        "typical_volume": 5251061.4,
        "trend": 17.863199,
        "fair_value": 17.389387,
        "relative_strength": 1.095472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.491015,
        "energy": 17.887762,
        "activity_lines": [
          18.463979,
          18.493612,
          18.195674,
          18.101492
        ]
      },
      {
        "date": "2026-01-09",
        "close": 18.988649,
        "volume": 7849092,
        "typical_volume": 5423991.85,
        "trend": 17.939856,
        "fair_value": 17.406487,
        "relative_strength": 0.191259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.197068,
        "energy": 27.631656,
        "activity_lines": [
          18.617384,
          18.601161,
          18.278138,
          18.174102
        ]
      },
      {
        "date": "2026-01-16",
        "close": 19.694439,
        "volume": 7105685,
        "typical_volume": 5456634.35,
        "trend": 18.069772,
        "fair_value": 17.419813,
        "relative_strength": 4.496863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.134997,
        "energy": 53.079274,
        "activity_lines": [
          19.058261,
          18.820851,
          18.424724,
          18.287301
        ]
      },
      {
        "date": "2026-01-23",
        "close": 20.690279,
        "volume": 5366125,
        "typical_volume": 5517415.55,
        "trend": 18.212102,
        "fair_value": 17.434795,
        "relative_strength": 9.073437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.39073,
        "energy": 69.286953,
        "activity_lines": [
          19.695728,
          19.181571,
          18.657775,
          18.456366
        ]
      },
      {
        "date": "2026-01-30",
        "close": 22.188874,
        "volume": 6870126,
        "typical_volume": 5512677.95,
        "trend": 18.374971,
        "fair_value": 17.465468,
        "relative_strength": 16.576994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.010401,
        "energy": 84.954613,
        "activity_lines": [
          20.632914,
          19.769387,
          19.02345,
          18.712932
        ]
      },
      {
        "date": "2026-02-06",
        "close": 21.966502,
        "volume": 5648306,
        "typical_volume": 5445579.05,
        "trend": 18.515082,
        "fair_value": 17.491045,
        "relative_strength": 17.138499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.985041,
        "energy": 86.118308,
        "activity_lines": [
          21.269091,
          20.247996,
          19.350255,
          18.944643
        ]
      },
      {
        "date": "2026-02-13",
        "close": 23.010685,
        "volume": 4645762,
        "typical_volume": 5486574.05,
        "trend": 18.68872,
        "fair_value": 17.529804,
        "relative_strength": 23.537825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.421688,
        "energy": 91.228998,
        "activity_lines": [
          22.037403,
          20.865013,
          19.762117,
          19.234682
        ]
      },
      {
        "date": "2026-02-20",
        "close": 24.402928,
        "volume": 6179864,
        "typical_volume": 5561761.75,
        "trend": 18.901093,
        "fair_value": 17.562599,
        "relative_strength": 28.55482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.20136,
        "energy": 94.950518,
        "activity_lines": [
          23.001661,
          21.676276,
          20.285243,
          19.603341
        ]
      },
      {
        "date": "2026-02-27",
        "close": 25.418105,
        "volume": 13699608,
        "typical_volume": 5926338.55,
        "trend": 19.159455,
        "fair_value": 17.603189,
        "relative_strength": 33.213731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.968141,
        "energy": 94.832339,
        "activity_lines": [
          23.990411,
          22.549592,
          20.873153,
          20.023793
        ]
      },
      {
        "date": "2026-03-06",
        "close": 22.875328,
        "volume": 14172641,
        "typical_volume": 6423427.25,
        "trend": 19.319629,
        "fair_value": 17.638048,
        "relative_strength": 20.89598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.109831,
        "energy": 78.193145,
        "activity_lines": [
          23.816381,
          22.82013,
          21.174743,
          20.263527
        ]
      },
      {
        "date": "2026-03-13",
        "close": 21.445063,
        "volume": 9038051,
        "typical_volume": 6720399.95,
        "trend": 19.437883,
        "fair_value": 17.670029,
        "relative_strength": 14.288921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.571441,
        "energy": 56.011396,
        "activity_lines": [
          23.119832,
          22.756262,
          21.31215,
          20.400652
        ]
      },
      {
        "date": "2026-03-20",
        "close": 21.926203,
        "volume": 10254167,
        "typical_volume": 7078802.5,
        "trend": 19.557468,
        "fair_value": 17.700712,
        "relative_strength": 18.866197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.308955,
        "energy": 39.375568,
        "activity_lines": [
          22.618426,
          22.730465,
          21.473445,
          20.561189
        ]
      },
      {
        "date": "2026-03-27",
        "close": 21.847649,
        "volume": 5914186,
        "typical_volume": 7163653.85,
        "trend": 19.687889,
        "fair_value": 17.731872,
        "relative_strength": 21.93876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.16485,
        "energy": 24.835626,
        "activity_lines": [
          22.163134,
          22.636976,
          21.609032,
          20.708942
        ]
      },
      {
        "date": "2026-04-03",
        "close": 23.880217,
        "volume": 5826569,
        "typical_volume": 7286231.45,
        "trend": 19.864906,
        "fair_value": 17.778432,
        "relative_strength": 27.327064,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.258832,
        "energy": 28.219551,
        "activity_lines": [
          22.555716,
          22.873895,
          21.917458,
          20.979415
        ]
      },
      {
        "date": "2026-04-10",
        "close": 23.782025,
        "volume": 3769152,
        "typical_volume": 7119124.9,
        "trend": 20.041856,
        "fair_value": 17.816525,
        "relative_strength": 20.751667,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.757633,
        "energy": 34.440881,
        "activity_lines": [
          23.018094,
          23.034962,
          22.189458,
          21.232132
        ]
      },
      {
        "date": "2026-04-17",
        "close": 24.007866,
        "volume": 3961978,
        "typical_volume": 7081181.7,
        "trend": 20.210626,
        "fair_value": 17.863594,
        "relative_strength": 14.312039,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.615719,
        "energy": 44.861127,
        "activity_lines": [
          23.495305,
          23.208125,
          22.457368,
          21.488004
        ]
      },
      {
        "date": "2026-04-24",
        "close": 23.791844,
        "volume": 4445497,
        "typical_volume": 6920043.35,
        "trend": 20.385979,
        "fair_value": 17.907268,
        "relative_strength": 10.420012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.23908,
        "energy": 48.578666,
        "activity_lines": [
          23.729656,
          23.304895,
          22.681511,
          21.71905
        ]
      },
      {
        "date": "2026-05-01",
        "close": 24.822857,
        "volume": 4273044,
        "typical_volume": 6767054.9,
        "trend": 20.623268,
        "fair_value": 17.969409,
        "relative_strength": 12.960727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.25651,
        "energy": 62.456553,
        "activity_lines": [
          24.183302,
          23.57492,
          22.984702,
          22.0053
        ]
      },
      {
        "date": "2026-05-08",
        "close": 26.344828,
        "volume": 7459120,
        "typical_volume": 6774558.45,
        "trend": 20.963218,
        "fair_value": 18.042182,
        "relative_strength": 13.201353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.594083,
        "energy": 75.695689,
        "activity_lines": [
          24.945924,
          24.114031,
          23.398753,
          22.374433
        ]
      },
      {
        "date": "2026-05-15",
        "close": 25.991338,
        "volume": 4797350,
        "typical_volume": 6792351.4,
        "trend": 21.262856,
        "fair_value": 18.111349,
        "relative_strength": 11.619705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.116788,
        "energy": 73.587677,
        "activity_lines": [
          25.426408,
          24.572022,
          23.737939,
          22.698828
        ]
      },
      {
        "date": "2026-05-22",
        "close": 25.922604,
        "volume": 8568566,
        "typical_volume": 6992244.45,
        "trend": 21.565652,
        "fair_value": 18.185747,
        "relative_strength": 9.62726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.181544,
        "energy": 71.013404,
        "activity_lines": [
          25.736694,
          24.960861,
          24.036267,
          22.999457
        ]
      },
      {
        "date": "2026-05-29",
        "close": 26.757233,
        "volume": 7149950,
        "typical_volume": 6957287.35,
        "trend": 21.854277,
        "fair_value": 18.261164,
        "relative_strength": 9.608057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.872655,
        "energy": 73.68258,
        "activity_lines": [
          26.197541,
          25.420041,
          24.379821,
          23.334398
        ]
      },
      {
        "date": "2026-06-05",
        "close": 26.825967,
        "volume": 6062837,
        "typical_volume": 6905144.95,
        "trend": 22.165388,
        "fair_value": 18.337936,
        "relative_strength": 14.557018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.581198,
        "energy": 71.656589,
        "activity_lines": [
          26.483606,
          25.803881,
          24.692928,
          23.655152
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.15,
        "volume": 5829285,
        "typical_volume": 6928302.95,
        "trend": 22.463899,
        "fair_value": 18.415262,
        "relative_strength": 12.941455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.869553,
        "energy": 70.558875,
        "activity_lines": [
          26.744141,
          26.156121,
          25.002936,
          23.97674
        ]
      },
      {
        "date": "2026-06-19",
        "close": 25.81,
        "volume": 5066110,
        "typical_volume": 6838102.15,
        "trend": 22.710692,
        "fair_value": 18.485995,
        "relative_strength": 4.286112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.129556,
        "energy": 51.950769,
        "activity_lines": [
          26.504331,
          26.205275,
          25.154564,
          24.192617
        ]
      },
      {
        "date": "2026-06-26",
        "close": 24.4,
        "volume": 7638330,
        "typical_volume": 6937603.35,
        "trend": 22.886122,
        "fair_value": 18.549422,
        "relative_strength": 2.969196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.955672,
        "energy": 32.552526,
        "activity_lines": [
          25.806611,
          25.961192,
          25.154663,
          24.301605
        ]
      },
      {
        "date": "2026-07-03",
        "close": 25.15,
        "volume": 5211348,
        "typical_volume": 6965882.65,
        "trend": 23.065396,
        "fair_value": 18.620231,
        "relative_strength": 4.983638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.623581,
        "energy": 22.791538,
        "activity_lines": [
          25.460398,
          25.846344,
          25.214602,
          24.447662
        ]
      },
      {
        "date": "2026-07-10",
        "close": 26.35,
        "volume": 6119300,
        "typical_volume": 6962854.45,
        "trend": 23.354926,
        "fair_value": 18.695686,
        "relative_strength": 7.779727,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.574441,
        "energy": 23.110469,
        "activity_lines": [
          25.621333,
          25.924983,
          25.37864,
          24.659572
        ]
      },
      {
        "date": "2026-07-17",
        "close": 24.9,
        "volume": 4943466,
        "typical_volume": 6525047.35,
        "trend": 23.595157,
        "fair_value": 18.765681,
        "relative_strength": 6.028799,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.246408,
        "energy": 19.484965,
        "activity_lines": [
          25.330667,
          25.71222,
          25.395311,
          24.759254
        ]
      },
      {
        "date": "2026-07-24",
        "close": 28.14,
        "volume": 6145887,
        "typical_volume": 6123709.65,
        "trend": 23.90697,
        "fair_value": 18.850614,
        "relative_strength": 21.136578,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.366416,
        "energy": 36.662616,
        "activity_lines": [
          26.27,
          26.114818,
          25.72302,
          25.052469
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.75,
        "volume": 7117485,
        "typical_volume": 6027681.35,
        "trend": 24.241049,
        "fair_value": 18.938879,
        "relative_strength": 22.408445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.42187,
        "energy": 50.405357,
        "activity_lines": [
          27.257333,
          26.589258,
          26.083755,
          25.364923
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.9,
        "volume": 7224298,
        "typical_volume": 5876187.9,
        "trend": 24.571428,
        "fair_value": 19.02632,
        "relative_strength": 16.532231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.893342,
        "energy": 65.419413,
        "activity_lines": [
          28.004667,
          27.039563,
          26.42399,
          25.665501
        ]
      }
    ],
    "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."
    }
  }
}