{
  "ticker": {
    "uuid": "9479a52f-a764-4b2c-be1f-592199e9ecb9",
    "symbol": "ASIA",
    "name": "MATTHEWS INTERNATIONAL FUNDS PACIFIC TIGER ACTIVE ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 70.136,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 5.219,
    "architecture_energy": 19.619,
    "architecture_maturity": 54.979,
    "architecture_confidence": 89.261,
    "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": 58.02,
        "rotation_up": 15.5,
        "upward_expansion": 41.36,
        "deceleration": 87.31,
        "rotation_down": 44.18,
        "downward_expansion": 35.36
      },
      "activity_lines": [
        40.561207,
        41.577371,
        41.92613,
        40.925706
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 40.8535,
    "trend_reference": 39.64418,
    "distance_from_trend": 0.030504,
    "trend_direction": "Improving",
    "fair_value": 29.716524,
    "distance_from_fair_value": 0.374774,
    "fair_value_direction": "Weakening",
    "relative_strength": -0.676864,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.10174,
    "excess_performance": -0.023885,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.030504,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.078127,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.374774,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.149774,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.006769,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.170075,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.10174,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.940927,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6981,
      "relative_activity": 0.380542,
      "balance": 1.940927,
      "dry_up": 0.67715,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.063756,
      "annualized_volatility": 0.310668,
      "from_high_reference": -0.139383,
      "from_low_reference": 0.359577
    },
    "levels": {
      "trend_reference": 39.64418,
      "fair_value_reference": 29.716524,
      "structural_low": 33.5001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.08471,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.040309,
        "regime_survival": 0.333333,
        "best_return": 0.157196,
        "worst_return": 0.053646,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.180713,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.112686,
        "regime_survival": 0.0,
        "best_return": 0.293851,
        "worst_return": 0.067576,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.259688,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.177917,
        "regime_survival": 0.0,
        "best_return": 0.259688,
        "worst_return": 0.259688,
        "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": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.152039,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.0172,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.180446,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.027162,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.012342,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.157196,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.016672,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.02312,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-22",
        "close": 25.017068,
        "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": 24.474562,
        "volume": 46,
        "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": 24.564243,
        "volume": 1125,
        "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": 24.486055,
        "volume": 470910,
        "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": 23.662129,
        "volume": 155244,
        "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": 23.463613,
        "volume": 17649,
        "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": 24.474267,
        "volume": 544581,
        "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": 24.405607,
        "volume": 746951,
        "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": 24.775332,
        "volume": 63786,
        "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": 24.847529,
        "volume": 11362,
        "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": 24.611392,
        "volume": 32762,
        "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": 24.005726,
        "volume": 20195,
        "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": 24.468215,
        "volume": 916204,
        "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": 24.395735,
        "volume": 242087,
        "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": 25.018946,
        "volume": 35058,
        "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": 24.181539,
        "volume": 52776,
        "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": 24.000388,
        "volume": 39845,
        "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": 23.668474,
        "volume": 46357,
        "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": 23.927318,
        "volume": 22381,
        "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": 23.620777,
        "volume": 222157,
        "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": 24.453463,
        "volume": 51369,
        "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": 24.529385,
        "volume": 21299,
        "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": 24.768069,
        "volume": 9368,
        "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": 24.787246,
        "volume": 28925,
        "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": 24.916176,
        "volume": 35786,
        "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": 24.453365,
        "volume": 40626,
        "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": 24.520043,
        "volume": 54505,
        "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": 24.605898,
        "volume": 18784,
        "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": 24.904768,
        "volume": 35281,
        "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": 24.414125,
        "volume": 27306,
        "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": 23.769573,
        "volume": 68941,
        "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": 24.98128,
        "volume": 26339,
        "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": 25.756927,
        "volume": 53562,
        "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": 25.697526,
        "volume": 46345,
        "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": 26.710282,
        "volume": 57293,
        "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": 26.125622,
        "volume": 29148,
        "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": 25.425111,
        "volume": 18957,
        "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": 25.741191,
        "volume": 41932,
        "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": 26.279433,
        "volume": 37651,
        "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": 26.388104,
        "volume": 37527,
        "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": 26.397644,
        "volume": 38173,
        "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": 27.039934,
        "volume": 21238,
        "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": 27.34323,
        "volume": 12516,
        "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": 25.933849,
        "volume": 26067,
        "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": 25.497984,
        "volume": 43169,
        "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": 24.868085,
        "volume": 36401,
        "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": 25.208457,
        "volume": 15895,
        "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": 25.908574,
        "volume": 30642,
        "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": 26.185022,
        "volume": 26716,
        "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": 25.826653,
        "volume": 30364,
        "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": 24.805341,
        "volume": 12952,
        "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": 25.692806,
        "volume": 12720,
        "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": 26.357224,
        "volume": 6669,
        "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": 28.189586,
        "volume": 36745,
        "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": 29.293803,
        "volume": 38421,
        "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": 28.499176,
        "volume": 20090,
        "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": 28.123007,
        "volume": 33575,
        "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": 27.804664,
        "volume": 41181,
        "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": 27.281863,
        "volume": 63024,
        "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": 27.515924,
        "volume": 26154,
        "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": 26.403446,
        "volume": 30336,
        "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": 26.632,
        "volume": 15508,
        "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": 26.533458,
        "volume": 26385,
        "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": 26.887696,
        "volume": 364449,
        "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": 26.798793,
        "volume": 24257,
        "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": 26.073641,
        "volume": 1110444,
        "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": 26.118152,
        "volume": 33698,
        "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": 26.018348,
        "volume": 208365,
        "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": 25.170856,
        "volume": 36424,
        "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": 25.7313,
        "volume": 26095,
        "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": 26.189469,
        "volume": 38833,
        "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": 25.90796,
        "volume": 70119,
        "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": 26.214988,
        "volume": 515811,
        "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": 26.834979,
        "volume": 9446,
        "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": 27.010848,
        "volume": 8527,
        "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": 25.947031,
        "volume": 3999,
        "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": 26.631514,
        "volume": 6124,
        "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": 26.68008,
        "volume": 7689,
        "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": 26.440116,
        "volume": 18838,
        "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": "2025-03-28",
        "close": 25.89619,
        "volume": 9429,
        "typical_volume": 128238.8,
        "trend": 26.656142,
        "fair_value": 25.614877,
        "relative_strength": -0.88907,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -37.315645,
        "energy": 15.533207,
        "activity_lines": [
          26.299448,
          26.391107,
          26.291055,
          26.468408
        ]
      },
      {
        "date": "2025-04-04",
        "close": 23.917323,
        "volume": 15298,
        "typical_volume": 127486.9,
        "trend": 26.626541,
        "fair_value": 25.59392,
        "relative_strength": 0.718369,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.727292,
        "energy": 63.44124,
        "activity_lines": [
          25.498893,
          25.944199,
          26.063558,
          26.29171
        ]
      },
      {
        "date": "2025-04-11",
        "close": 24.540479,
        "volume": 675492,
        "typical_volume": 160486.1,
        "trend": 26.58813,
        "fair_value": 25.581073,
        "relative_strength": -2.106909,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.888273,
        "energy": 66.518973,
        "activity_lines": [
          25.041371,
          25.651904,
          25.907248,
          26.157125
        ]
      },
      {
        "date": "2025-04-18",
        "close": 24.635832,
        "volume": 18673,
        "typical_volume": 160100.5,
        "trend": 26.530751,
        "fair_value": 25.569685,
        "relative_strength": -0.246699,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.58728,
        "energy": 71.259056,
        "activity_lines": [
          24.755036,
          25.401808,
          25.769978,
          26.03117
        ]
      },
      {
        "date": "2025-04-25",
        "close": 25.496677,
        "volume": 22486,
        "typical_volume": 143002.35,
        "trend": 26.440987,
        "fair_value": 25.568816,
        "relative_strength": -1.163285,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.69529,
        "energy": 66.023862,
        "activity_lines": [
          24.891932,
          25.336943,
          25.72373,
          25.964456
        ]
      },
      {
        "date": "2025-05-02",
        "close": 26.581859,
        "volume": 13761,
        "typical_volume": 142477.55,
        "trend": 26.350589,
        "fair_value": 25.580734,
        "relative_strength": 0.281941,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.256184,
        "energy": 23.999469,
        "activity_lines": [
          25.453452,
          25.493715,
          25.787457,
          25.973545
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26.512125,
        "volume": 57531,
        "typical_volume": 89831.9,
        "trend": 26.284354,
        "fair_value": 25.591564,
        "relative_strength": 0.571241,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.960124,
        "energy": 13.208745,
        "activity_lines": [
          25.946016,
          25.645609,
          25.845575,
          25.983966
        ]
      },
      {
        "date": "2025-05-16",
        "close": 27.553686,
        "volume": 7746,
        "typical_volume": 88534.3,
        "trend": 26.265377,
        "fair_value": 25.614117,
        "relative_strength": -0.536988,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 21.264165,
        "energy": 27.760506,
        "activity_lines": [
          26.61278,
          25.976603,
          26.000802,
          26.065859
        ]
      },
      {
        "date": "2025-05-23",
        "close": 27.58702,
        "volume": 7258,
        "typical_volume": 78478.95,
        "trend": 26.258122,
        "fair_value": 25.636536,
        "relative_strength": 2.276723,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.181576,
        "energy": 40.57606,
        "activity_lines": [
          27.089774,
          26.296891,
          26.152368,
          26.151126
        ]
      },
      {
        "date": "2025-05-30",
        "close": 27.126379,
        "volume": 633,
        "typical_volume": 76689.4,
        "trend": 26.252939,
        "fair_value": 25.653276,
        "relative_strength": -1.070853,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.342267,
        "energy": 53.891961,
        "activity_lines": [
          27.216476,
          26.516936,
          26.252593,
          26.207143
        ]
      },
      {
        "date": "2025-06-06",
        "close": 28.061508,
        "volume": 21178,
        "typical_volume": 76443.55,
        "trend": 26.271125,
        "fair_value": 25.680034,
        "relative_strength": 0.756561,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 74.13784,
        "energy": 74.818825,
        "activity_lines": [
          27.546241,
          26.894527,
          26.432565,
          26.323824
        ]
      },
      {
        "date": "2025-06-13",
        "close": 27.989203,
        "volume": 6924,
        "typical_volume": 74848.1,
        "trend": 26.323984,
        "fair_value": 25.70541,
        "relative_strength": 0.946884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.941455,
        "energy": 72.519808,
        "activity_lines": [
          27.753261,
          27.219602,
          26.594556,
          26.434668
        ]
      },
      {
        "date": "2025-06-20",
        "close": 27.73994,
        "volume": 5580,
        "typical_volume": 71621.15,
        "trend": 26.360915,
        "fair_value": 25.727524,
        "relative_strength": 0.307642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.205314,
        "energy": 62.684003,
        "activity_lines": [
          27.778721,
          27.425323,
          26.724237,
          26.52602
        ]
      },
      {
        "date": "2025-06-27",
        "close": 28.940554,
        "volume": 4537,
        "typical_volume": 46057.45,
        "trend": 26.441152,
        "fair_value": 25.762073,
        "relative_strength": 1.223604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.324866,
        "energy": 74.282166,
        "activity_lines": [
          28.191969,
          27.791165,
          26.959538,
          26.692448
        ]
      },
      {
        "date": "2025-07-04",
        "close": 29.04204,
        "volume": 20420,
        "typical_volume": 46606.15,
        "trend": 26.512963,
        "fair_value": 25.796966,
        "relative_strength": 0.004953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.519134,
        "energy": 81.074931,
        "activity_lines": [
          28.54881,
          28.097191,
          27.191526,
          26.860248
        ]
      },
      {
        "date": "2025-07-11",
        "close": 28.972602,
        "volume": 1223,
        "typical_volume": 46240.95,
        "trend": 26.585423,
        "fair_value": 25.830394,
        "relative_strength": 0.164447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.528773,
        "energy": 88.384976,
        "activity_lines": [
          28.754794,
          28.326131,
          27.406391,
          27.018934
        ]
      },
      {
        "date": "2025-07-18",
        "close": 29.576965,
        "volume": 626,
        "typical_volume": 46072.3,
        "trend": 26.702201,
        "fair_value": 25.869421,
        "relative_strength": 1.638035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.159901,
        "energy": 92.075913,
        "activity_lines": [
          29.101493,
          28.621488,
          27.669473,
          27.211937
        ]
      },
      {
        "date": "2025-07-25",
        "close": 30.104076,
        "volume": 1564,
        "typical_volume": 45844.3,
        "trend": 26.835065,
        "fair_value": 25.913077,
        "relative_strength": 1.910492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.595336,
        "energy": 93.649133,
        "activity_lines": [
          29.518045,
          28.956958,
          27.96547,
          27.431413
        ]
      },
      {
        "date": "2025-08-01",
        "close": 29.352925,
        "volume": 10009,
        "typical_volume": 45960.3,
        "trend": 26.946217,
        "fair_value": 25.948177,
        "relative_strength": 1.82717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.701396,
        "energy": 86.461121,
        "activity_lines": [
          29.526605,
          29.109484,
          28.173393,
          27.593855
        ]
      },
      {
        "date": "2025-08-08",
        "close": 30.087458,
        "volume": 3273,
        "typical_volume": 45182.05,
        "trend": 27.110104,
        "fair_value": 25.989988,
        "relative_strength": 1.870901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.650355,
        "energy": 83.254623,
        "activity_lines": [
          29.752517,
          29.363455,
          28.438544,
          27.796516
        ]
      },
      {
        "date": "2025-08-15",
        "close": 30.781931,
        "volume": 3654,
        "typical_volume": 44893.3,
        "trend": 27.278459,
        "fair_value": 26.037908,
        "relative_strength": 3.186086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.030627,
        "energy": 89.676254,
        "activity_lines": [
          30.140225,
          29.689856,
          28.752467,
          28.033408
        ]
      },
      {
        "date": "2025-08-22",
        "close": 30.820013,
        "volume": 4220,
        "typical_volume": 44339.4,
        "trend": 27.43281,
        "fair_value": 26.085255,
        "relative_strength": 2.988748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.622224,
        "energy": 75.720375,
        "activity_lines": [
          30.420006,
          29.973718,
          29.046751,
          28.261895
        ]
      },
      {
        "date": "2025-08-29",
        "close": 30.399531,
        "volume": 8482,
        "typical_volume": 10988.9,
        "trend": 27.582529,
        "fair_value": 26.127552,
        "relative_strength": 1.593417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.389755,
        "energy": 67.263908,
        "activity_lines": [
          30.476756,
          30.12966,
          29.268119,
          28.453297
        ]
      },
      {
        "date": "2025-09-05",
        "close": 30.797361,
        "volume": 4901,
        "typical_volume": 10300.3,
        "trend": 27.735275,
        "fair_value": 26.17289,
        "relative_strength": 2.527637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.622172,
        "energy": 73.269746,
        "activity_lines": [
          30.646419,
          30.309579,
          29.499476,
          28.660705
        ]
      },
      {
        "date": "2025-09-12",
        "close": 32.35268,
        "volume": 12662,
        "typical_volume": 9809.1,
        "trend": 27.919198,
        "fair_value": 26.232311,
        "relative_strength": 5.910756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.355304,
        "energy": 75.501952,
        "activity_lines": [
          31.238226,
          30.738522,
          29.849617,
          28.958602
        ]
      },
      {
        "date": "2025-09-19",
        "close": 32.715396,
        "volume": 35678,
        "typical_volume": 10904.95,
        "trend": 28.10935,
        "fair_value": 26.294055,
        "relative_strength": 5.688886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.450162,
        "energy": 84.865621,
        "activity_lines": [
          31.799924,
          31.173221,
          30.201656,
          29.268034
        ]
      },
      {
        "date": "2025-09-26",
        "close": 32.42281,
        "volume": 13683,
        "typical_volume": 8712.55,
        "trend": 28.325209,
        "fair_value": 26.351873,
        "relative_strength": 5.081728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.731331,
        "energy": 90.057466,
        "activity_lines": [
          32.135195,
          31.486671,
          30.496622,
          29.546322
        ]
      },
      {
        "date": "2025-10-03",
        "close": 33.783763,
        "volume": 26755,
        "typical_volume": 9663.0,
        "trend": 28.563617,
        "fair_value": 26.42133,
        "relative_strength": 8.339807,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.759474,
        "energy": 94.489285,
        "activity_lines": [
          32.817264,
          31.995825,
          30.893056,
          29.898487
        ]
      },
      {
        "date": "2025-10-10",
        "close": 32.246051,
        "volume": 21113,
        "typical_volume": 10355.75,
        "trend": 28.74915,
        "fair_value": 26.475263,
        "relative_strength": 5.989293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.74115,
        "energy": 67.166673,
        "activity_lines": [
          32.761147,
          32.158491,
          31.113374,
          30.136063
        ]
      },
      {
        "date": "2025-10-17",
        "close": 33.614521,
        "volume": 10080,
        "typical_volume": 10828.1,
        "trend": 28.988297,
        "fair_value": 26.540761,
        "relative_strength": 8.51117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.675785,
        "energy": 70.54205,
        "activity_lines": [
          33.064608,
          32.517368,
          31.441837,
          30.449958
        ]
      },
      {
        "date": "2025-10-24",
        "close": 33.907602,
        "volume": 13953,
        "typical_volume": 10466.85,
        "trend": 29.255344,
        "fair_value": 26.607732,
        "relative_strength": 7.313916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.377467,
        "energy": 70.602461,
        "activity_lines": [
          33.381639,
          32.865403,
          31.767317,
          30.767333
        ]
      },
      {
        "date": "2025-10-31",
        "close": 34.192968,
        "volume": 29841,
        "typical_volume": 11612.7,
        "trend": 29.597865,
        "fair_value": 26.676067,
        "relative_strength": 7.375224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.977964,
        "energy": 69.189533,
        "activity_lines": [
          33.714312,
          33.208493,
          32.092136,
          31.085889
        ]
      },
      {
        "date": "2025-11-07",
        "close": 33.36971,
        "volume": 7831,
        "typical_volume": 11725.25,
        "trend": 29.892173,
        "fair_value": 26.735832,
        "relative_strength": 6.382719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.200417,
        "energy": 63.830743,
        "activity_lines": [
          33.654555,
          33.340574,
          32.309007,
          31.329234
        ]
      },
      {
        "date": "2025-11-14",
        "close": 33.388108,
        "volume": 5476,
        "typical_volume": 11772.2,
        "trend": 30.183915,
        "fair_value": 26.794702,
        "relative_strength": 6.11174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.729079,
        "energy": 59.041145,
        "activity_lines": [
          33.628534,
          33.421996,
          32.500822,
          31.554778
        ]
      },
      {
        "date": "2025-11-21",
        "close": 32.225675,
        "volume": 12707,
        "typical_volume": 11386.55,
        "trend": 30.408215,
        "fair_value": 26.842342,
        "relative_strength": 4.266435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.338709,
        "energy": 40.70093,
        "activity_lines": [
          33.138898,
          33.244962,
          32.560751,
          31.686505
        ]
      },
      {
        "date": "2025-11-28",
        "close": 33.039734,
        "volume": 2889,
        "typical_volume": 11469.85,
        "trend": 30.623478,
        "fair_value": 26.896232,
        "relative_strength": 2.930305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.156818,
        "energy": 29.615885,
        "activity_lines": [
          33.013205,
          33.218248,
          32.683049,
          31.85628
        ]
      },
      {
        "date": "2025-12-05",
        "close": 33.265455,
        "volume": 7537,
        "typical_volume": 11815.4,
        "trend": 30.848589,
        "fair_value": 26.951139,
        "relative_strength": 3.127924,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.298011,
        "energy": 26.808927,
        "activity_lines": [
          33.020611,
          33.226677,
          32.807476,
          32.02673
        ]
      },
      {
        "date": "2025-12-12",
        "close": 32.998586,
        "volume": 10030,
        "typical_volume": 12238.7,
        "trend": 31.030085,
        "fair_value": 27.002827,
        "relative_strength": 2.742812,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.089693,
        "energy": 22.271732,
        "activity_lines": [
          33.000894,
          33.171264,
          32.888924,
          32.16544
        ]
      },
      {
        "date": "2025-12-19",
        "close": 33.415,
        "volume": 14187,
        "typical_volume": 12447.6,
        "trend": 31.224352,
        "fair_value": 27.057167,
        "relative_strength": 3.724956,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.424681,
        "energy": 30.197211,
        "activity_lines": [
          33.144723,
          33.205838,
          32.996246,
          32.319305
        ]
      },
      {
        "date": "2025-12-26",
        "close": 34.169,
        "volume": 9410,
        "typical_volume": 12754.45,
        "trend": 31.459106,
        "fair_value": 27.116931,
        "relative_strength": 4.356259,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.283255,
        "energy": 43.336379,
        "activity_lines": [
          33.538093,
          33.35625,
          33.156035,
          32.509282
        ]
      },
      {
        "date": "2026-01-02",
        "close": 35.05,
        "volume": 10824,
        "typical_volume": 13112.95,
        "trend": 31.692055,
        "fair_value": 27.183039,
        "relative_strength": 7.866724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.028979,
        "energy": 65.427286,
        "activity_lines": [
          34.095575,
          33.656762,
          33.380293,
          32.740953
        ]
      },
      {
        "date": "2026-01-09",
        "close": 35.905,
        "volume": 23493,
        "typical_volume": 14076.6,
        "trend": 31.955915,
        "fair_value": 27.255122,
        "relative_strength": 8.418048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.885626,
        "energy": 88.621712,
        "activity_lines": [
          34.804039,
          34.091958,
          33.665655,
          33.012756
        ]
      },
      {
        "date": "2026-01-16",
        "close": 36.2661,
        "volume": 17689,
        "typical_volume": 14536.95,
        "trend": 32.240121,
        "fair_value": 27.328982,
        "relative_strength": 9.498531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.480638,
        "energy": 94.165297,
        "activity_lines": [
          35.4569,
          34.56168,
          33.961193,
          33.290832
        ]
      },
      {
        "date": "2026-01-23",
        "close": 36.6997,
        "volume": 18243,
        "typical_volume": 15204.05,
        "trend": 32.498759,
        "fair_value": 27.405167,
        "relative_strength": 10.768379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.820334,
        "energy": 93.868487,
        "activity_lines": [
          36.03646,
          35.057577,
          34.270091,
          33.578547
        ]
      },
      {
        "date": "2026-01-30",
        "close": 36.538,
        "volume": 25136,
        "typical_volume": 15827.75,
        "trend": 32.748624,
        "fair_value": 27.478819,
        "relative_strength": 9.438702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.192989,
        "energy": 89.927749,
        "activity_lines": [
          36.34314,
          35.463864,
          34.535482,
          33.839143
        ]
      },
      {
        "date": "2026-02-06",
        "close": 37.0809,
        "volume": 9377,
        "typical_volume": 14512.7,
        "trend": 33.018901,
        "fair_value": 27.555636,
        "relative_strength": 10.860119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.362052,
        "energy": 90.602453,
        "activity_lines": [
          36.672853,
          35.890453,
          34.832648,
          34.118645
        ]
      },
      {
        "date": "2026-02-13",
        "close": 37.9978,
        "volume": 30114,
        "typical_volume": 15334.25,
        "trend": 33.299595,
        "fair_value": 27.63851,
        "relative_strength": 14.569565,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.792798,
        "energy": 85.808821,
        "activity_lines": [
          37.172807,
          36.410276,
          35.196349,
          34.439864
        ]
      },
      {
        "date": "2026-02-20",
        "close": 38.8597,
        "volume": 17645,
        "typical_volume": 14878.75,
        "trend": 33.591449,
        "fair_value": 27.726866,
        "relative_strength": 15.369879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.30051,
        "energy": 90.833987,
        "activity_lines": [
          37.82054,
          37.000765,
          35.615589,
          34.798581
        ]
      },
      {
        "date": "2026-02-27",
        "close": 39.1325,
        "volume": 26329,
        "typical_volume": 15139.55,
        "trend": 33.917435,
        "fair_value": 27.815972,
        "relative_strength": 16.174075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.726569,
        "energy": 91.517788,
        "activity_lines": [
          38.3863,
          37.534289,
          36.036638,
          35.156068
        ]
      },
      {
        "date": "2026-03-06",
        "close": 35.5134,
        "volume": 28183,
        "typical_volume": 16044.7,
        "trend": 34.0983,
        "fair_value": 27.875642,
        "relative_strength": 7.310379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.713751,
        "energy": 59.620191,
        "activity_lines": [
          37.583507,
          37.30584,
          36.080219,
          35.259033
        ]
      },
      {
        "date": "2026-03-13",
        "close": 35.1922,
        "volume": 30047,
        "typical_volume": 16849.4,
        "trend": 34.245309,
        "fair_value": 27.931923,
        "relative_strength": 7.74197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.577083,
        "energy": 36.338718,
        "activity_lines": [
          36.741953,
          36.994547,
          36.084167,
          35.329608
        ]
      },
      {
        "date": "2026-03-20",
        "close": 34.6174,
        "volume": 16624,
        "typical_volume": 16188.55,
        "trend": 34.371888,
        "fair_value": 27.982958,
        "relative_strength": 7.675775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.996648,
        "energy": 21.694589,
        "activity_lines": [
          35.834713,
          36.57616,
          36.027255,
          35.353614
        ]
      },
      {
        "date": "2026-03-27",
        "close": 34.2,
        "volume": 19235,
        "typical_volume": 16758.75,
        "trend": 34.498571,
        "fair_value": 28.030056,
        "relative_strength": 8.520554,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.476116,
        "energy": 26.179352,
        "activity_lines": [
          35.0137,
          36.105293,
          35.928569,
          35.342524
        ]
      },
      {
        "date": "2026-04-03",
        "close": 34.6746,
        "volume": 5631,
        "typical_volume": 16766.5,
        "trend": 34.627812,
        "fair_value": 28.080015,
        "relative_strength": 6.174118,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.297369,
        "energy": 25.413031,
        "activity_lines": [
          34.661533,
          35.758282,
          35.87113,
          35.353881
        ]
      },
      {
        "date": "2026-04-10",
        "close": 37.4024,
        "volume": 11247,
        "typical_volume": 16693.5,
        "trend": 34.796136,
        "fair_value": 28.149585,
        "relative_strength": 10.179537,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.741889,
        "energy": 20.603184,
        "activity_lines": [
          35.515827,
          35.944055,
          36.067355,
          35.532886
        ]
      },
      {
        "date": "2026-04-17",
        "close": 38.6781,
        "volume": 14517,
        "typical_volume": 17274.9,
        "trend": 34.994893,
        "fair_value": 28.227574,
        "relative_strength": 8.716747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.418841,
        "energy": 28.338785,
        "activity_lines": [
          36.66942,
          36.346056,
          36.360424,
          35.783336
        ]
      },
      {
        "date": "2026-04-24",
        "close": 39.5761,
        "volume": 9693,
        "typical_volume": 17382.7,
        "trend": 35.233336,
        "fair_value": 28.311019,
        "relative_strength": 10.284757,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 72.171234,
        "energy": 59.666294,
        "activity_lines": [
          37.889953,
          36.882291,
          36.712168,
          36.078897
        ]
      },
      {
        "date": "2026-05-01",
        "close": 40.5401,
        "volume": 9877,
        "typical_volume": 17375.05,
        "trend": 35.458547,
        "fair_value": 28.400283,
        "relative_strength": 11.543002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.312883,
        "energy": 78.090352,
        "activity_lines": [
          39.10124,
          37.565102,
          37.12567,
          36.421269
        ]
      },
      {
        "date": "2026-05-08",
        "close": 43.464,
        "volume": 43943,
        "typical_volume": 18862.85,
        "trend": 35.832479,
        "fair_value": 28.50944,
        "relative_strength": 16.330619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.530135,
        "energy": 91.168872,
        "activity_lines": [
          40.864487,
          38.748978,
          37.781727,
          36.93775
        ]
      },
      {
        "date": "2026-05-15",
        "close": 42.0507,
        "volume": 22310,
        "typical_volume": 19507.85,
        "trend": 36.113685,
        "fair_value": 28.606859,
        "relative_strength": 11.887738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.645334,
        "energy": 86.48302,
        "activity_lines": [
          41.570673,
          39.597136,
          38.255332,
          37.338926
        ]
      },
      {
        "date": "2026-05-22",
        "close": 42.9286,
        "volume": 14055,
        "typical_volume": 19669.4,
        "trend": 36.414385,
        "fair_value": 28.709157,
        "relative_strength": 12.831805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.650718,
        "energy": 87.276199,
        "activity_lines": [
          42.259607,
          40.486053,
          38.775014,
          37.778598
        ]
      },
      {
        "date": "2026-05-29",
        "close": 44.9015,
        "volume": 30528,
        "typical_volume": 20021.15,
        "trend": 36.771336,
        "fair_value": 28.823997,
        "relative_strength": 15.767537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.911177,
        "energy": 90.796258,
        "activity_lines": [
          43.322807,
          41.593016,
          39.445075,
          38.326154
        ]
      },
      {
        "date": "2026-06-05",
        "close": 41.9041,
        "volume": 22242,
        "typical_volume": 20248.8,
        "trend": 37.055815,
        "fair_value": 28.91611,
        "relative_strength": 10.421379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.941971,
        "energy": 60.522948,
        "activity_lines": [
          43.031847,
          41.968015,
          39.786828,
          38.6573
        ]
      },
      {
        "date": "2026-06-12",
        "close": 43.7378,
        "volume": 22356,
        "typical_volume": 20454.45,
        "trend": 37.400805,
        "fair_value": 29.019758,
        "relative_strength": 14.108392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.583323,
        "energy": 60.850329,
        "activity_lines": [
          43.261187,
          42.536338,
          40.276372,
          39.088395
        ]
      },
      {
        "date": "2026-06-19",
        "close": 46.8206,
        "volume": 21409,
        "typical_volume": 20268.1,
        "trend": 37.887303,
        "fair_value": 29.143375,
        "relative_strength": 20.333785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.697187,
        "energy": 68.406221,
        "activity_lines": [
          44.499873,
          43.500385,
          41.026001,
          39.696124
        ]
      },
      {
        "date": "2026-06-26",
        "close": 44.2497,
        "volume": 14336,
        "typical_volume": 20516.05,
        "trend": 38.260968,
        "fair_value": 29.247557,
        "relative_strength": 15.934223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.901183,
        "energy": 55.029651,
        "activity_lines": [
          44.5636,
          43.825756,
          41.481818,
          40.106601
        ]
      },
      {
        "date": "2026-07-03",
        "close": 42.4901,
        "volume": 10351,
        "typical_volume": 19527.9,
        "trend": 38.568456,
        "fair_value": 29.338259,
        "relative_strength": 8.56136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.786013,
        "energy": 48.504012,
        "activity_lines": [
          43.95272,
          43.729898,
          41.735916,
          40.379449
        ]
      },
      {
        "date": "2026-07-10",
        "close": 42.6713,
        "volume": 45479,
        "typical_volume": 20919.6,
        "trend": 38.89088,
        "fair_value": 29.42896,
        "relative_strength": 7.181085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.24265,
        "energy": 39.534485,
        "activity_lines": [
          43.563,
          43.614004,
          41.98588,
          40.644148
        ]
      },
      {
        "date": "2026-07-17",
        "close": 39.8642,
        "volume": 16705,
        "typical_volume": 20438.4,
        "trend": 39.105853,
        "fair_value": 29.499469,
        "relative_strength": 1.479608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.084755,
        "energy": 19.574642,
        "activity_lines": [
          42.186433,
          42.948978,
          41.95035,
          40.706943
        ]
      },
      {
        "date": "2026-07-24",
        "close": 39.9303,
        "volume": 15897,
        "typical_volume": 19824.1,
        "trend": 39.297897,
        "fair_value": 29.569474,
        "relative_strength": 2.015116,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.815659,
        "energy": 21.309725,
        "activity_lines": [
          41.09014,
          42.361422,
          41.917632,
          40.760133
        ]
      },
      {
        "date": "2026-07-31",
        "close": 40.49,
        "volume": 10106,
        "typical_volume": 18827.05,
        "trend": 39.47923,
        "fair_value": 29.642278,
        "relative_strength": 2.083732,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.296159,
        "energy": 18.226576,
        "activity_lines": [
          40.639767,
          41.914182,
          41.917185,
          40.837043
        ]
      },
      {
        "date": "2026-08-07",
        "close": 40.8535,
        "volume": 6981,
        "typical_volume": 18344.9,
        "trend": 39.64418,
        "fair_value": 29.716524,
        "relative_strength": -0.676864,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.218698,
        "energy": 19.618569,
        "activity_lines": [
          40.561207,
          41.577371,
          41.92613,
          40.925706
        ]
      }
    ],
    "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."
    }
  }
}