{
  "ticker": {
    "uuid": "8fc96bf5-9c56-4c33-8db0-034221754fc8",
    "symbol": "XZDU",
    "name": "Xtrackers MSCI USA High Dividend Yield ESG UCITS ETF 1D USD Income",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 88.251,
    "architecture_energy": 66.251,
    "architecture_maturity": 44.435,
    "architecture_confidence": 76.163,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 25.26,
        "rotation_up": 54.33,
        "upward_expansion": 81.87,
        "deceleration": 69.06,
        "rotation_down": 28.65,
        "downward_expansion": 10.87
      },
      "activity_lines": [
        43.445999,
        43.243863,
        42.889579,
        42.110716
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 44.6175,
    "trend_reference": 41.185771,
    "distance_from_trend": 0.083323,
    "trend_direction": "Improving",
    "fair_value": 34.300005,
    "distance_from_fair_value": 0.300802,
    "fair_value_direction": "Improving",
    "relative_strength": 4.556394,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.117703,
    "excess_performance": 0.066468,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.083323,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045785,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.300802,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.03653,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.045564,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.026656,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.117703,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.866238,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 4.866238,
      "dry_up": 0.789377,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.015023,
      "annualized_volatility": 0.117529,
      "from_high_reference": 0.0,
      "from_low_reference": 0.263826
    },
    "levels": {
      "trend_reference": 41.185771,
      "fair_value_reference": 34.300005,
      "structural_low": 37.126183,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.056952,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.041311,
        "regime_survival": 0.5,
        "best_return": 0.074064,
        "worst_return": 0.039839,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.133705,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.088839,
        "regime_survival": 0.0,
        "best_return": 0.133705,
        "worst_return": 0.133705,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.073911,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.123594,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.042236,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.116895,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.076943,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.033605,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.04344,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-15",
        "close": 27.430529,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 26.811668,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 26.63711,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 26.745142,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 26.846655,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 26.468786,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 25.893635,
        "volume": 2320,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 27.142187,
        "volume": 3480,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 26.948072,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 27.676592,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 28.074408,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 28.273312,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 28.460236,
        "volume": 106,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 29.200735,
        "volume": 3263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 29.179173,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 29.497896,
        "volume": 561,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 29.11207,
        "volume": 118,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 29.416418,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 29.59136,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 30.00115,
        "volume": 114,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 29.622515,
        "volume": 364,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 29.807039,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 29.799849,
        "volume": 649,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 30.190641,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.123154,
        "volume": 100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 30.537712,
        "volume": 780,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 30.354538,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 30.701609,
        "volume": 621,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 30.884785,
        "volume": 1500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 30.224382,
        "volume": 1081,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 29.870075,
        "volume": 1720,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 29.262699,
        "volume": 280,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 29.720644,
        "volume": 480,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 29.747154,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 30.330433,
        "volume": 340,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 30.966732,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 30.984478,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 30.471216,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 31.279842,
        "volume": 730,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 31.381527,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 31.84395,
        "volume": 615,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 31.735001,
        "volume": 1350,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.75679,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 32.303944,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 31.880264,
        "volume": 761,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 31.669632,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 30.991743,
        "volume": 129,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 30.940901,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 32.006157,
        "volume": 270,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 32.698063,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 32.600803,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 31.805784,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 32.802601,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 33.094353,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 33.670559,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 33.237801,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 33.653538,
        "volume": 290,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 34.015797,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 33.770241,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 33.490654,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 34.543388,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 33.786991,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 34.070175,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 34.682934,
        "volume": 13231,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 34.834286,
        "volume": 1979,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 34.468105,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 33.872437,
        "volume": 240,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 33.957882,
        "volume": 190,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 33.674698,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 33.342682,
        "volume": 370,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 34.180031,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 34.870907,
        "volume": 1289,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 34.96368,
        "volume": 1334,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 34.319187,
        "volume": 963,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 34.87579,
        "volume": 4464,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 34.863499,
        "volume": 2839,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 34.127827,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 33.794323,
        "volume": 105,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 32.894352,
        "volume": 1500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 32.879635,
        "volume": 3682,
        "typical_volume": 1609.3,
        "trend": 33.838165,
        "fair_value": 31.232994,
        "relative_strength": -3.37914,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.118261,
        "energy": 42.949458,
        "activity_lines": [
          33.36518,
          33.886263,
          34.05117,
          34.026002
        ]
      },
      {
        "date": "2025-03-28",
        "close": 32.592728,
        "volume": 0,
        "typical_volume": 1609.3,
        "trend": 33.837895,
        "fair_value": 31.249781,
        "relative_strength": -4.300199,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.023705,
        "energy": 70.042559,
        "activity_lines": [
          32.992114,
          33.598228,
          33.902845,
          33.945651
        ]
      },
      {
        "date": "2025-04-04",
        "close": 30.449465,
        "volume": 0,
        "typical_volume": 1609.3,
        "trend": 33.792685,
        "fair_value": 31.240021,
        "relative_strength": -3.871385,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -96.167711,
        "energy": 95.21629,
        "activity_lines": [
          32.056011,
          32.949368,
          33.559689,
          33.727043
        ]
      },
      {
        "date": "2025-04-11",
        "close": 30.241026,
        "volume": 3448,
        "typical_volume": 1781.7,
        "trend": 33.707299,
        "fair_value": 31.227985,
        "relative_strength": -3.469905,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.693387,
        "energy": 96.186213,
        "activity_lines": [
          31.295653,
          32.343,
          33.212574,
          33.497903
        ]
      },
      {
        "date": "2025-04-18",
        "close": 30.515678,
        "volume": 3760,
        "typical_volume": 1308.15,
        "trend": 33.621343,
        "fair_value": 31.219505,
        "relative_strength": -6.251071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.782472,
        "energy": 91.933562,
        "activity_lines": [
          30.863732,
          31.872436,
          32.90985,
          33.291992
        ]
      },
      {
        "date": "2025-04-25",
        "close": 31.261158,
        "volume": 2073,
        "typical_volume": 1312.85,
        "trend": 33.54103,
        "fair_value": 31.219995,
        "relative_strength": -5.583338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.115426,
        "energy": 87.854136,
        "activity_lines": [
          30.838883,
          31.606568,
          32.697969,
          33.139722
        ]
      },
      {
        "date": "2025-05-02",
        "close": 32.384285,
        "volume": 399,
        "typical_volume": 1332.8,
        "trend": 33.512579,
        "fair_value": 31.233534,
        "relative_strength": -4.319771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.642052,
        "energy": 59.746829,
        "activity_lines": [
          31.296307,
          31.610625,
          32.610067,
          33.065094
        ]
      },
      {
        "date": "2025-05-09",
        "close": 32.215076,
        "volume": 280,
        "typical_volume": 1334.8,
        "trend": 33.464631,
        "fair_value": 31.244816,
        "relative_strength": -4.435944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.367476,
        "energy": 42.10467,
        "activity_lines": [
          31.711225,
          31.628994,
          32.515973,
          32.981384
        ]
      },
      {
        "date": "2025-05-16",
        "close": 33.451012,
        "volume": 608,
        "typical_volume": 1355.7,
        "trend": 33.445804,
        "fair_value": 31.269886,
        "relative_strength": -2.335707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.987288,
        "energy": 25.020778,
        "activity_lines": [
          32.420414,
          31.906856,
          32.54748,
          32.980505
        ]
      },
      {
        "date": "2025-05-23",
        "close": 32.855713,
        "volume": 260,
        "typical_volume": 1368.7,
        "trend": 33.41532,
        "fair_value": 31.287704,
        "relative_strength": -4.461556,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.235262,
        "energy": 30.289318,
        "activity_lines": [
          32.717171,
          32.082723,
          32.524704,
          32.942435
        ]
      },
      {
        "date": "2025-05-30",
        "close": 33.377781,
        "volume": 0,
        "typical_volume": 1350.2,
        "trend": 33.411558,
        "fair_value": 31.310927,
        "relative_strength": -3.603025,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.746258,
        "energy": 24.69158,
        "activity_lines": [
          33.031949,
          32.354215,
          32.55555,
          32.940013
        ]
      },
      {
        "date": "2025-06-06",
        "close": 33.978649,
        "volume": 0,
        "typical_volume": 1350.2,
        "trend": 33.392733,
        "fair_value": 31.340243,
        "relative_strength": -2.619184,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 30.391157,
        "energy": 35.44537,
        "activity_lines": [
          33.405907,
          32.725898,
          32.643454,
          32.976599
        ]
      },
      {
        "date": "2025-06-13",
        "close": 34.050064,
        "volume": 0,
        "typical_volume": 1285.75,
        "trend": 33.401502,
        "fair_value": 31.369698,
        "relative_strength": -2.552276,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.472433,
        "energy": 37.906009,
        "activity_lines": [
          33.69738,
          33.085367,
          32.739118,
          33.019008
        ]
      },
      {
        "date": "2025-06-20",
        "close": 33.478748,
        "volume": 0,
        "typical_volume": 1219.05,
        "trend": 33.381788,
        "fair_value": 31.392376,
        "relative_strength": -3.334895,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.57042,
        "energy": 36.831425,
        "activity_lines": [
          33.676081,
          33.275495,
          32.78428,
          33.023991
        ]
      },
      {
        "date": "2025-06-27",
        "close": 34.569668,
        "volume": 0,
        "typical_volume": 1170.9,
        "trend": 33.378012,
        "fair_value": 31.426177,
        "relative_strength": -0.479777,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.770679,
        "energy": 55.213396,
        "activity_lines": [
          34.016574,
          33.605104,
          32.940411,
          33.100629
        ]
      },
      {
        "date": "2025-07-04",
        "close": 35.057259,
        "volume": 260,
        "typical_volume": 960.7,
        "trend": 33.385445,
        "fair_value": 31.464398,
        "relative_strength": 0.599152,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.489614,
        "energy": 67.051983,
        "activity_lines": [
          34.405333,
          33.949657,
          33.141785,
          33.208967
        ]
      },
      {
        "date": "2025-07-11",
        "close": 35.012932,
        "volume": 0,
        "typical_volume": 818.75,
        "trend": 33.403606,
        "fair_value": 31.501362,
        "relative_strength": -0.857083,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.608344,
        "energy": 72.318504,
        "activity_lines": [
          34.667351,
          34.217131,
          33.338074,
          33.313966
        ]
      },
      {
        "date": "2025-07-18",
        "close": 35.020325,
        "volume": 701,
        "typical_volume": 853.8,
        "trend": 33.441869,
        "fair_value": 31.53764,
        "relative_strength": -1.391663,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.678306,
        "energy": 76.785295,
        "activity_lines": [
          34.862881,
          34.438156,
          33.534356,
          33.418271
        ]
      },
      {
        "date": "2025-07-25",
        "close": 35.488213,
        "volume": 1901,
        "typical_volume": 943.6,
        "trend": 33.49288,
        "fair_value": 31.577952,
        "relative_strength": -1.511875,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.838131,
        "energy": 90.262494,
        "activity_lines": [
          35.14969,
          34.693246,
          33.770948,
          33.550293
        ]
      },
      {
        "date": "2025-08-01",
        "close": 34.498253,
        "volume": 99,
        "typical_volume": 873.55,
        "trend": 33.520332,
        "fair_value": 31.60745,
        "relative_strength": -3.719503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.078944,
        "energy": 78.072798,
        "activity_lines": [
          34.972548,
          34.731304,
          33.905192,
          33.615156
        ]
      },
      {
        "date": "2025-08-08",
        "close": 35.335533,
        "volume": 1102,
        "typical_volume": 744.55,
        "trend": 33.58676,
        "fair_value": 31.644731,
        "relative_strength": -1.722908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.592371,
        "energy": 65.974834,
        "activity_lines": [
          35.07926,
          34.89173,
          34.11154,
          33.732266
        ]
      },
      {
        "date": "2025-08-15",
        "close": 35.761555,
        "volume": 98,
        "typical_volume": 749.45,
        "trend": 33.639477,
        "fair_value": 31.685492,
        "relative_strength": -1.038161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.82155,
        "energy": 70.694462,
        "activity_lines": [
          35.309428,
          35.094019,
          34.346766,
          33.872575
        ]
      },
      {
        "date": "2025-08-22",
        "close": 36.076061,
        "volume": 0,
        "typical_volume": 749.45,
        "trend": 33.679649,
        "fair_value": 31.728537,
        "relative_strength": -2.095684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.447314,
        "energy": 73.652513,
        "activity_lines": [
          35.594523,
          35.321075,
          34.596856,
          34.029774
        ]
      },
      {
        "date": "2025-08-29",
        "close": 35.779388,
        "volume": 0,
        "typical_volume": 577.05,
        "trend": 33.706839,
        "fair_value": 31.767865,
        "relative_strength": -1.484738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.810193,
        "energy": 82.035425,
        "activity_lines": [
          35.710345,
          35.457354,
          34.791898,
          34.165241
        ]
      },
      {
        "date": "2025-09-05",
        "close": 35.905472,
        "volume": 260,
        "typical_volume": 402.05,
        "trend": 33.759716,
        "fair_value": 31.80765,
        "relative_strength": -1.367617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.576744,
        "energy": 85.214346,
        "activity_lines": [
          35.848783,
          35.574727,
          34.972574,
          34.307088
        ]
      },
      {
        "date": "2025-09-12",
        "close": 36.118095,
        "volume": 760,
        "typical_volume": 336.4,
        "trend": 33.801126,
        "fair_value": 31.848702,
        "relative_strength": -1.550587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.609115,
        "energy": 82.576858,
        "activity_lines": [
          35.96428,
          35.706472,
          35.147835,
          34.459242
        ]
      },
      {
        "date": "2025-09-19",
        "close": 36.224403,
        "volume": 500,
        "typical_volume": 341.45,
        "trend": 33.846489,
        "fair_value": 31.889982,
        "relative_strength": -0.503327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.851678,
        "energy": 74.199464,
        "activity_lines": [
          36.063043,
          35.838257,
          35.310092,
          34.615582
        ]
      },
      {
        "date": "2025-09-26",
        "close": 36.147762,
        "volume": 0,
        "typical_volume": 327.45,
        "trend": 33.91382,
        "fair_value": 31.929774,
        "relative_strength": -1.368426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.02948,
        "energy": 71.827539,
        "activity_lines": [
          36.105403,
          35.934081,
          35.446764,
          34.764051
        ]
      },
      {
        "date": "2025-10-03",
        "close": 37.141632,
        "volume": 0,
        "typical_volume": 297.05,
        "trend": 34.025397,
        "fair_value": 31.978032,
        "relative_strength": -0.812825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.890378,
        "energy": 84.618651,
        "activity_lines": [
          36.474272,
          36.19011,
          35.659363,
          34.972297
        ]
      },
      {
        "date": "2025-10-10",
        "close": 36.310936,
        "volume": 0,
        "typical_volume": 284.05,
        "trend": 34.139284,
        "fair_value": 32.017784,
        "relative_strength": -2.267418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.55808,
        "energy": 64.704251,
        "activity_lines": [
          36.475426,
          36.265041,
          35.775273,
          35.119751
        ]
      },
      {
        "date": "2025-10-17",
        "close": 36.399937,
        "volume": 255,
        "typical_volume": 296.8,
        "trend": 34.256627,
        "fair_value": 32.057621,
        "relative_strength": -1.178257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.22817,
        "energy": 60.75799,
        "activity_lines": [
          36.479217,
          36.323196,
          35.883207,
          35.2656
        ]
      },
      {
        "date": "2025-10-24",
        "close": 37.128479,
        "volume": 0,
        "typical_volume": 296.8,
        "trend": 34.407819,
        "fair_value": 32.103305,
        "relative_strength": -2.124424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.333454,
        "energy": 67.902159,
        "activity_lines": [
          36.707065,
          36.494461,
          36.046134,
          35.450881
        ]
      },
      {
        "date": "2025-10-31",
        "close": 37.082298,
        "volume": 0,
        "typical_volume": 296.8,
        "trend": 34.628913,
        "fair_value": 32.14776,
        "relative_strength": -2.834653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.723157,
        "energy": 65.290371,
        "activity_lines": [
          36.859248,
          36.632476,
          36.189663,
          35.623428
        ]
      },
      {
        "date": "2025-11-07",
        "close": 36.25407,
        "volume": 128,
        "typical_volume": 303.2,
        "trend": 34.829348,
        "fair_value": 32.184099,
        "relative_strength": -4.414012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.251017,
        "energy": 54.255704,
        "activity_lines": [
          36.673053,
          36.601609,
          36.239875,
          35.728277
        ]
      },
      {
        "date": "2025-11-14",
        "close": 36.882038,
        "volume": 0,
        "typical_volume": 303.2,
        "trend": 35.04156,
        "fair_value": 32.225309,
        "relative_strength": -2.731884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.014335,
        "energy": 54.315751,
        "activity_lines": [
          36.755351,
          36.676287,
          36.336677,
          35.860708
        ]
      },
      {
        "date": "2025-11-21",
        "close": 36.349728,
        "volume": 0,
        "typical_volume": 290.2,
        "trend": 35.211179,
        "fair_value": 32.261174,
        "relative_strength": -2.390534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.08731,
        "energy": 37.704861,
        "activity_lines": [
          36.622138,
          36.636425,
          36.371772,
          35.945106
        ]
      },
      {
        "date": "2025-11-28",
        "close": 37.729748,
        "volume": 546,
        "typical_volume": 317.5,
        "trend": 35.389361,
        "fair_value": 32.308316,
        "relative_strength": -0.420293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.556491,
        "energy": 51.32366,
        "activity_lines": [
          36.95228,
          36.843265,
          36.532143,
          36.107595
        ]
      },
      {
        "date": "2025-12-05",
        "close": 38.169075,
        "volume": 255,
        "typical_volume": 295.2,
        "trend": 35.587828,
        "fair_value": 32.358408,
        "relative_strength": 1.418913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.844874,
        "energy": 63.123836,
        "activity_lines": [
          37.38878,
          37.102613,
          36.721417,
          36.286931
        ]
      },
      {
        "date": "2025-12-12",
        "close": 38.166595,
        "volume": 298,
        "typical_volume": 215.05,
        "trend": 35.745014,
        "fair_value": 32.40763,
        "relative_strength": 1.70054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.53592,
        "energy": 80.007488,
        "activity_lines": [
          37.752001,
          37.324759,
          36.895461,
          36.453303
        ]
      },
      {
        "date": "2025-12-19",
        "close": 38.119434,
        "volume": 298,
        "typical_volume": 225.0,
        "trend": 35.920471,
        "fair_value": 32.455629,
        "relative_strength": -0.808493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.094193,
        "energy": 84.827429,
        "activity_lines": [
          37.972,
          37.519694,
          37.052259,
          36.606492
        ]
      },
      {
        "date": "2025-12-26",
        "close": 38.380054,
        "volume": 2846,
        "typical_volume": 312.2,
        "trend": 36.087213,
        "fair_value": 32.504999,
        "relative_strength": 0.278103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.537581,
        "energy": 86.452867,
        "activity_lines": [
          38.196379,
          37.729133,
          37.216635,
          36.765174
        ]
      },
      {
        "date": "2026-01-02",
        "close": 38.27084,
        "volume": 0,
        "typical_volume": 307.3,
        "trend": 36.230287,
        "fair_value": 32.55265,
        "relative_strength": -0.692596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.001785,
        "energy": 82.306698,
        "activity_lines": [
          38.248999,
          37.882712,
          37.356111,
          36.906053
        ]
      },
      {
        "date": "2026-01-09",
        "close": 39.156933,
        "volume": 2400,
        "typical_volume": 427.3,
        "trend": 36.400515,
        "fair_value": 32.606784,
        "relative_strength": -0.047748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.91691,
        "energy": 87.526083,
        "activity_lines": [
          38.56091,
          38.17663,
          37.568028,
          37.094869
        ]
      },
      {
        "date": "2026-01-16",
        "close": 39.338123,
        "volume": 6768,
        "typical_volume": 765.7,
        "trend": 36.595828,
        "fair_value": 32.66151,
        "relative_strength": -0.584643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.475996,
        "energy": 90.056611,
        "activity_lines": [
          38.867361,
          38.46577,
          37.782531,
          37.284392
        ]
      },
      {
        "date": "2026-01-23",
        "close": 39.223946,
        "volume": 5736,
        "typical_volume": 1039.5,
        "trend": 36.750971,
        "fair_value": 32.714433,
        "relative_strength": 0.141643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.571062,
        "energy": 86.201813,
        "activity_lines": [
          39.05765,
          38.678077,
          37.969213,
          37.453948
        ]
      },
      {
        "date": "2026-01-30",
        "close": 39.628525,
        "volume": 674,
        "typical_volume": 1035.2,
        "trend": 36.903346,
        "fair_value": 32.769746,
        "relative_strength": 0.459243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.275341,
        "energy": 89.049247,
        "activity_lines": [
          39.309166,
          38.921364,
          38.178624,
          37.639597
        ]
      },
      {
        "date": "2026-02-06",
        "close": 39.918926,
        "volume": 1285,
        "typical_volume": 1074.45,
        "trend": 37.066879,
        "fair_value": 32.826485,
        "relative_strength": -0.185029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.537503,
        "energy": 89.821597,
        "activity_lines": [
          39.57425,
          39.157836,
          38.398977,
          37.834151
        ]
      },
      {
        "date": "2026-02-13",
        "close": 39.879211,
        "volume": 16,
        "typical_volume": 1075.25,
        "trend": 37.228842,
        "fair_value": 32.882019,
        "relative_strength": -0.928436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.348061,
        "energy": 86.283408,
        "activity_lines": [
          39.716223,
          39.347285,
          38.597954,
          38.015591
        ]
      },
      {
        "date": "2026-02-20",
        "close": 40.020359,
        "volume": 28,
        "typical_volume": 1076.65,
        "trend": 37.379914,
        "fair_value": 32.937787,
        "relative_strength": -2.678579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.317147,
        "energy": 83.111867,
        "activity_lines": [
          39.857094,
          39.531303,
          38.792604,
          38.195689
        ]
      },
      {
        "date": "2026-02-27",
        "close": 40.075153,
        "volume": 6,
        "typical_volume": 1076.95,
        "trend": 37.56581,
        "fair_value": 32.993115,
        "relative_strength": -4.447524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.787971,
        "energy": 87.960512,
        "activity_lines": [
          39.970747,
          39.691579,
          38.978765,
          38.369576
        ]
      },
      {
        "date": "2026-03-06",
        "close": 39.039032,
        "volume": 0,
        "typical_volume": 1064.2,
        "trend": 37.68926,
        "fair_value": 33.039622,
        "relative_strength": -1.205975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.076299,
        "energy": 63.301608,
        "activity_lines": [
          39.68228,
          39.627911,
          39.048323,
          38.464622
        ]
      },
      {
        "date": "2026-03-13",
        "close": 38.53093,
        "volume": 555,
        "typical_volume": 1091.95,
        "trend": 37.781573,
        "fair_value": 33.081541,
        "relative_strength": -2.240338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.425045,
        "energy": 39.997043,
        "activity_lines": [
          39.263744,
          39.459879,
          39.056923,
          38.518924
        ]
      },
      {
        "date": "2026-03-20",
        "close": 38.067661,
        "volume": 1,
        "typical_volume": 1092.0,
        "trend": 37.847959,
        "fair_value": 33.119314,
        "relative_strength": -0.09438,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.078646,
        "energy": 24.862371,
        "activity_lines": [
          38.783319,
          39.202887,
          39.014724,
          38.537381
        ]
      },
      {
        "date": "2026-03-27",
        "close": 37.382721,
        "volume": 0,
        "typical_volume": 1085.6,
        "trend": 37.901404,
        "fair_value": 33.15137,
        "relative_strength": -2.36861,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -20.284413,
        "energy": 37.802925,
        "activity_lines": [
          38.19535,
          38.841166,
          38.902601,
          38.507365
        ]
      },
      {
        "date": "2026-04-03",
        "close": 38.174763,
        "volume": 0,
        "typical_volume": 1085.6,
        "trend": 37.977047,
        "fair_value": 33.188858,
        "relative_strength": -4.721202,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.009211,
        "energy": 31.208529,
        "activity_lines": [
          38.047238,
          38.659006,
          38.860535,
          38.525002
        ]
      },
      {
        "date": "2026-04-10",
        "close": 39.562073,
        "volume": 0,
        "typical_volume": 1085.6,
        "trend": 38.091846,
        "fair_value": 33.236067,
        "relative_strength": -2.756488,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.688552,
        "energy": 26.998591,
        "activity_lines": [
          38.488255,
          38.748159,
          38.944438,
          38.627261
        ]
      },
      {
        "date": "2026-04-17",
        "close": 40.887119,
        "volume": 0,
        "typical_volume": 1058.3,
        "trend": 38.24727,
        "fair_value": 33.292325,
        "relative_strength": -0.204411,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.291919,
        "energy": 34.470969,
        "activity_lines": [
          39.336085,
          39.079439,
          39.13924,
          38.807601
        ]
      },
      {
        "date": "2026-04-24",
        "close": 40.996712,
        "volume": 0,
        "typical_volume": 1045.55,
        "trend": 38.408902,
        "fair_value": 33.348561,
        "relative_strength": 2.723519,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 79.007499,
        "energy": 67.748706,
        "activity_lines": [
          40.063367,
          39.413041,
          39.329443,
          38.984985
        ]
      },
      {
        "date": "2026-05-01",
        "close": 41.43507,
        "volume": 581,
        "typical_volume": 1059.7,
        "trend": 38.552016,
        "fair_value": 33.407159,
        "relative_strength": 3.85426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.119389,
        "energy": 86.381849,
        "activity_lines": [
          40.741498,
          39.806026,
          39.54793,
          39.180221
        ]
      },
      {
        "date": "2026-05-08",
        "close": 42.316772,
        "volume": 220,
        "typical_volume": 1055.8,
        "trend": 38.752211,
        "fair_value": 33.471257,
        "relative_strength": 7.221973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.646659,
        "energy": 94.976629,
        "activity_lines": [
          41.443372,
          40.333598,
          39.834825,
          39.423109
        ]
      },
      {
        "date": "2026-05-15",
        "close": 42.516029,
        "volume": 440,
        "typical_volume": 935.5,
        "trend": 38.956081,
        "fair_value": 33.535863,
        "relative_strength": 7.95382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.358119,
        "energy": 93.355619,
        "activity_lines": [
          41.935532,
          40.856642,
          40.120709,
          39.665936
        ]
      },
      {
        "date": "2026-05-22",
        "close": 43.307499,
        "volume": 1100,
        "typical_volume": 990.5,
        "trend": 39.162048,
        "fair_value": 33.605165,
        "relative_strength": 6.920822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.137368,
        "energy": 94.583879,
        "activity_lines": [
          42.494585,
          41.460372,
          40.462276,
          39.946673
        ]
      },
      {
        "date": "2026-05-29",
        "close": 43.700001,
        "volume": 6371,
        "typical_volume": 1189.05,
        "trend": 39.382638,
        "fair_value": 33.676255,
        "relative_strength": 8.269047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.715063,
        "energy": 93.411764,
        "activity_lines": [
          43.023113,
          42.048619,
          40.81724,
          40.239444
        ]
      },
      {
        "date": "2026-06-05",
        "close": 43.1175,
        "volume": 0,
        "typical_volume": 850.65,
        "trend": 39.611419,
        "fair_value": 33.742278,
        "relative_strength": 7.083599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.094046,
        "energy": 84.468906,
        "activity_lines": [
          43.177255,
          42.428551,
          41.095094,
          40.480403
        ]
      },
      {
        "date": "2026-06-12",
        "close": 43.235001,
        "volume": 0,
        "typical_volume": 563.85,
        "trend": 39.823184,
        "fair_value": 33.8082,
        "relative_strength": 6.1651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.702354,
        "energy": 81.375911,
        "activity_lines": [
          43.258402,
          42.725578,
          41.366142,
          40.714182
        ]
      },
      {
        "date": "2026-06-19",
        "close": 43.157501,
        "volume": 0,
        "typical_volume": 530.15,
        "trend": 40.05011,
        "fair_value": 33.872678,
        "relative_strength": 6.898767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.012514,
        "energy": 74.764002,
        "activity_lines": [
          43.252501,
          42.916509,
          41.610709,
          40.929299
        ]
      },
      {
        "date": "2026-06-26",
        "close": 42.650002,
        "volume": 0,
        "typical_volume": 465.9,
        "trend": 40.214119,
        "fair_value": 33.932796,
        "relative_strength": 4.120191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.9635,
        "energy": 61.395309,
        "activity_lines": [
          43.034668,
          42.949797,
          41.790137,
          41.097034
        ]
      },
      {
        "date": "2026-07-03",
        "close": 43.067501,
        "volume": 0,
        "typical_volume": 465.1,
        "trend": 40.3774,
        "fair_value": 33.994937,
        "relative_strength": 3.425503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.303689,
        "energy": 56.360825,
        "activity_lines": [
          42.999835,
          43.026941,
          41.996323,
          41.281123
        ]
      },
      {
        "date": "2026-07-10",
        "close": 43.297501,
        "volume": 420,
        "typical_volume": 484.7,
        "trend": 40.54843,
        "fair_value": 34.057792,
        "relative_strength": 5.668869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.268979,
        "energy": 57.237018,
        "activity_lines": [
          43.083835,
          43.108252,
          42.20923,
          41.469517
        ]
      },
      {
        "date": "2026-07-17",
        "close": 42.827499,
        "volume": 1502,
        "typical_volume": 559.5,
        "trend": 40.705365,
        "fair_value": 34.116649,
        "relative_strength": 3.431024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.547611,
        "energy": 52.614686,
        "activity_lines": [
          42.999167,
          43.070247,
          42.36177,
          41.616554
        ]
      },
      {
        "date": "2026-07-24",
        "close": 42.759998,
        "volume": 210,
        "typical_volume": 570.0,
        "trend": 40.851363,
        "fair_value": 34.174272,
        "relative_strength": 1.915799,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.655488,
        "energy": 49.550866,
        "activity_lines": [
          42.919166,
          43.010682,
          42.494776,
          41.749111
        ]
      },
      {
        "date": "2026-07-31",
        "close": 42.842499,
        "volume": 0,
        "typical_volume": 542.25,
        "trend": 41.003752,
        "fair_value": 34.231677,
        "relative_strength": 0.804754,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.287991,
        "energy": 45.630626,
        "activity_lines": [
          42.893166,
          42.961682,
          42.617919,
          41.877571
        ]
      },
      {
        "date": "2026-08-07",
        "close": 44.6175,
        "volume": 0,
        "typical_volume": 542.2,
        "trend": 41.185771,
        "fair_value": 34.300005,
        "relative_strength": 4.556394,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 88.251167,
        "energy": 66.250898,
        "activity_lines": [
          43.445999,
          43.243863,
          42.889579,
          42.110716
        ]
      }
    ],
    "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."
    }
  }
}