{
  "ticker": {
    "uuid": "9882d8d3-6ca3-4e14-8e13-f52d5d16142a",
    "symbol": "JARI",
    "name": "Amundi Index Solutions - Amundi MSCI Japan SRI Climate Paris Aligned - UCITS ETF DR (C)",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.853,
    "architecture_energy": 71.895,
    "architecture_maturity": 23.482,
    "architecture_confidence": 74.786,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 6.67,
        "rotation_up": 71.03,
        "upward_expansion": 86.25,
        "deceleration": 53.09,
        "rotation_down": 15.91,
        "downward_expansion": 12.92
      },
      "activity_lines": [
        52.47,
        51.882455,
        50.63119,
        49.892086
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 53.810001,
    "trend_reference": 49.207667,
    "distance_from_trend": 0.093529,
    "trend_direction": "Improving",
    "fair_value": 45.774038,
    "distance_from_fair_value": 0.175557,
    "fair_value_direction": "Improving",
    "relative_strength": 3.058206,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.104475,
    "excess_performance": 0.039835,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.093529,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.024818,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.175557,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.106071,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.030582,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.006041,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.104475,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.133114,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 54885,
      "relative_activity": 2.624714,
      "balance": 1.133114,
      "dry_up": 1.441489,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.024724,
      "annualized_volatility": 0.171407,
      "from_high_reference": 0.0,
      "from_low_reference": 0.192862
    },
    "levels": {
      "trend_reference": 49.207667,
      "fair_value_reference": 45.774038,
      "structural_low": 45.110001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": -0.003464,
        "positive_rate": 0.470588,
        "directional_follow_through": 0.470588,
        "median_excess_return": -0.024179,
        "regime_survival": 0.647059,
        "best_return": 0.040255,
        "worst_return": -0.072472,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.02736,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.03244,
        "regime_survival": 0.285714,
        "best_return": 0.05759,
        "worst_return": -0.045825,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.050823,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.074206,
        "regime_survival": 0.25,
        "best_return": 0.008806,
        "worst_return": -0.077302,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.020829,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.220186,
        "regime_survival": 0.5,
        "best_return": -0.011803,
        "worst_return": -0.029856,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-15",
        "end": "2025-02-14",
        "tenure": "Established",
        "return": 0.030439,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.024361,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.007916,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.113789,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": -0.030818,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": 0.029814,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.017963,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.026635,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-12-12",
        "tenure": "Established",
        "return": 0.005584,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2026-01-09",
        "tenure": "New",
        "return": 0.045114,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.045228,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.075434,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.059846,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.065123,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 42.095001,
        "volume": 87833,
        "typical_volume": 50964.05,
        "trend": 43.800667,
        "fair_value": 45.002483,
        "relative_strength": -7.637763,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.090417,
        "energy": 48.330721,
        "activity_lines": [
          43.076334,
          43.647364,
          44.283762,
          44.10257
        ]
      },
      {
        "date": "2023-08-25",
        "close": 42.595001,
        "volume": 34424,
        "typical_volume": 51012.85,
        "trend": 43.778833,
        "fair_value": 44.986216,
        "relative_strength": -6.412168,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.669548,
        "energy": 53.60459,
        "activity_lines": [
          42.780001,
          43.36791,
          44.123167,
          44.024785
        ]
      },
      {
        "date": "2023-09-01",
        "close": 44.09,
        "volume": 10222,
        "typical_volume": 50855.1,
        "trend": 43.807667,
        "fair_value": 44.980201,
        "relative_strength": -4.04297,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.86198,
        "energy": 40.593833,
        "activity_lines": [
          43.083334,
          43.428273,
          44.103858,
          44.044861
        ]
      },
      {
        "date": "2023-09-08",
        "close": 43.834999,
        "volume": 9177,
        "typical_volume": 50092.45,
        "trend": 43.810667,
        "fair_value": 44.972567,
        "relative_strength": -3.642093,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.859945,
        "energy": 20.192004,
        "activity_lines": [
          43.369667,
          43.446273,
          44.054143,
          44.046624
        ]
      },
      {
        "date": "2023-09-15",
        "close": 44.5,
        "volume": 24046,
        "typical_volume": 46667.85,
        "trend": 43.883334,
        "fair_value": 44.969437,
        "relative_strength": -2.791066,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 1.497196,
        "energy": 6.94973,
        "activity_lines": [
          43.826333,
          43.601727,
          44.064976,
          44.091097
        ]
      },
      {
        "date": "2023-09-22",
        "close": 43.549999,
        "volume": 18685,
        "typical_volume": 45982.05,
        "trend": 43.939167,
        "fair_value": 44.960099,
        "relative_strength": -2.41065,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.175199,
        "energy": 12.717741,
        "activity_lines": [
          43.868666,
          43.582273,
          43.97831,
          44.069592
        ]
      },
      {
        "date": "2023-09-29",
        "close": 42.810001,
        "volume": 18199,
        "typical_volume": 43845.25,
        "trend": 43.934167,
        "fair_value": 44.946046,
        "relative_strength": -2.597079,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -20.608033,
        "energy": 12.578437,
        "activity_lines": [
          43.567333,
          43.438818,
          43.821643,
          43.996742
        ]
      },
      {
        "date": "2023-10-06",
        "close": 42.240002,
        "volume": 66550,
        "typical_volume": 45617.4,
        "trend": 43.915167,
        "fair_value": 44.928474,
        "relative_strength": -2.487701,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.328459,
        "energy": 44.074459,
        "activity_lines": [
          43.061667,
          43.215455,
          43.619762,
          43.887441
        ]
      },
      {
        "date": "2023-10-13",
        "close": 42.400002,
        "volume": 30883,
        "typical_volume": 46140.3,
        "trend": 43.9195,
        "fair_value": 44.912161,
        "relative_strength": -1.517154,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.293692,
        "energy": 61.110451,
        "activity_lines": [
          42.732668,
          43.073364,
          43.451096,
          43.789689
        ]
      },
      {
        "date": "2023-10-20",
        "close": 40.73,
        "volume": 42471,
        "typical_volume": 47577.7,
        "trend": 43.853,
        "fair_value": 44.885353,
        "relative_strength": -2.612931,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.265294,
        "energy": 79.661341,
        "activity_lines": [
          41.942668,
          42.639728,
          43.138239,
          43.583914
        ]
      },
      {
        "date": "2023-10-27",
        "close": 40.535,
        "volume": 50290,
        "typical_volume": 49296.4,
        "trend": 43.763667,
        "fair_value": 44.890256,
        "relative_strength": -2.107877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.967579,
        "energy": 85.2752,
        "activity_lines": [
          41.339001,
          42.212546,
          42.834024,
          43.36985
        ]
      },
      {
        "date": "2023-11-03",
        "close": 42.755001,
        "volume": 38227,
        "typical_volume": 49753.15,
        "trend": 43.776667,
        "fair_value": 44.909391,
        "relative_strength": 0.022629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.471625,
        "energy": 71.385399,
        "activity_lines": [
          41.676334,
          42.217364,
          42.769715,
          43.304775
        ]
      },
      {
        "date": "2023-11-10",
        "close": 41.59,
        "volume": 99750,
        "typical_volume": 53457.95,
        "trend": 43.736167,
        "fair_value": 44.901474,
        "relative_strength": -2.79517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.649307,
        "energy": 64.788177,
        "activity_lines": [
          41.629,
          42.007455,
          42.6115,
          43.163699
        ]
      },
      {
        "date": "2023-11-17",
        "close": 42.334999,
        "volume": 26167,
        "typical_volume": 53855.8,
        "trend": 43.705667,
        "fair_value": 44.892949,
        "relative_strength": -5.111154,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.897536,
        "energy": 39.607417,
        "activity_lines": [
          41.873333,
          41.978455,
          42.537191,
          43.073301
        ]
      },
      {
        "date": "2023-11-24",
        "close": 42.505001,
        "volume": 63395,
        "typical_volume": 55017.7,
        "trend": 43.688334,
        "fair_value": 44.878846,
        "relative_strength": -5.176402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.919038,
        "energy": 22.001716,
        "activity_lines": [
          42.178667,
          42.007637,
          42.490548,
          42.995839
        ]
      },
      {
        "date": "2023-12-01",
        "close": 42.889999,
        "volume": 26925,
        "typical_volume": 55426.5,
        "trend": 43.663,
        "fair_value": 44.871186,
        "relative_strength": -6.236644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.410818,
        "energy": 19.477599,
        "activity_lines": [
          42.494,
          42.143091,
          42.4895,
          42.944334
        ]
      },
      {
        "date": "2023-12-08",
        "close": 43.419998,
        "volume": 7356,
        "typical_volume": 53576.15,
        "trend": 43.619833,
        "fair_value": 44.867917,
        "relative_strength": -6.877215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.681595,
        "energy": 17.914724,
        "activity_lines": [
          42.828999,
          42.386909,
          42.544833,
          42.928656
        ]
      },
      {
        "date": "2023-12-15",
        "close": 43.485001,
        "volume": 22553,
        "typical_volume": 53104.7,
        "trend": 43.5355,
        "fair_value": 44.863622,
        "relative_strength": -6.425853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.121909,
        "energy": 16.884039,
        "activity_lines": [
          43.141333,
          42.631454,
          42.609667,
          42.919957
        ]
      },
      {
        "date": "2023-12-22",
        "close": 43.674999,
        "volume": 26310,
        "typical_volume": 47258.0,
        "trend": 43.474,
        "fair_value": 44.861378,
        "relative_strength": -5.520007,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.941532,
        "energy": 22.085614,
        "activity_lines": [
          43.390666,
          42.887909,
          42.700333,
          42.928957
        ]
      },
      {
        "date": "2023-12-29",
        "close": 44.035,
        "volume": 16628,
        "typical_volume": 36004.55,
        "trend": 43.393667,
        "fair_value": 44.854103,
        "relative_strength": -4.782115,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.690876,
        "energy": 38.228092,
        "activity_lines": [
          43.670666,
          43.186636,
          42.822381,
          42.965151
        ]
      },
      {
        "date": "2024-01-05",
        "close": 43.985001,
        "volume": 19171,
        "typical_volume": 32571.45,
        "trend": 43.309334,
        "fair_value": 44.83968,
        "relative_strength": -3.871765,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.857101,
        "energy": 48.150445,
        "activity_lines": [
          43.832,
          43.416182,
          42.934905,
          43.003301
        ]
      },
      {
        "date": "2024-01-12",
        "close": 45.740002,
        "volume": 96093,
        "typical_volume": 35654.9,
        "trend": 43.2895,
        "fair_value": 44.833045,
        "relative_strength": -0.670181,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 59.653375,
        "energy": 69.128192,
        "activity_lines": [
          44.505334,
          43.902091,
          43.205572,
          43.160119
        ]
      },
      {
        "date": "2024-01-19",
        "close": 45.189999,
        "volume": 47097,
        "typical_volume": 37498.65,
        "trend": 43.318834,
        "fair_value": 44.824167,
        "relative_strength": -0.900917,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.973563,
        "energy": 68.195814,
        "activity_lines": [
          44.840667,
          44.233727,
          43.408881,
          43.282731
        ]
      },
      {
        "date": "2024-01-26",
        "close": 45.224998,
        "volume": 60951,
        "typical_volume": 40087.35,
        "trend": 43.334834,
        "fair_value": 44.824263,
        "relative_strength": -3.072116,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 69.880272,
        "energy": 76.721129,
        "activity_lines": [
          45.074,
          44.506272,
          43.610286,
          43.40571
        ]
      },
      {
        "date": "2024-02-02",
        "close": 45.665001,
        "volume": 27510,
        "typical_volume": 40260.55,
        "trend": 43.377667,
        "fair_value": 44.816474,
        "relative_strength": -1.814913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.840334,
        "energy": 84.811719,
        "activity_lines": [
          45.350667,
          44.806273,
          43.846976,
          43.556043
        ]
      },
      {
        "date": "2024-02-09",
        "close": 44.654999,
        "volume": 51014,
        "typical_volume": 41877.0,
        "trend": 43.395167,
        "fair_value": 44.7975,
        "relative_strength": -3.885979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.649985,
        "energy": 70.389391,
        "activity_lines": [
          45.182,
          44.865182,
          43.981928,
          43.638452
        ]
      },
      {
        "date": "2024-02-16",
        "close": 45.474998,
        "volume": 64771,
        "typical_volume": 44205.6,
        "trend": 43.4405,
        "fair_value": 44.785833,
        "relative_strength": -3.160707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.57319,
        "energy": 59.418388,
        "activity_lines": [
          45.241999,
          45.04109,
          44.189714,
          43.772634
        ]
      },
      {
        "date": "2024-02-23",
        "close": 45.709999,
        "volume": 19335,
        "typical_volume": 41844.85,
        "trend": 43.4605,
        "fair_value": 44.790256,
        "relative_strength": -4.260619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.248959,
        "energy": 56.528225,
        "activity_lines": [
          45.397999,
          45.222363,
          44.40719,
          43.919054
        ]
      },
      {
        "date": "2024-03-01",
        "close": 46.060001,
        "volume": 20124,
        "typical_volume": 41306.9,
        "trend": 43.560333,
        "fair_value": 44.797051,
        "relative_strength": -5.138196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.384285,
        "energy": 55.526679,
        "activity_lines": [
          45.636,
          45.426818,
          44.641476,
          44.086763
        ]
      },
      {
        "date": "2024-03-08",
        "close": 46.095001,
        "volume": 55467,
        "typical_volume": 41956.7,
        "trend": 43.662333,
        "fair_value": 44.79891,
        "relative_strength": -5.36492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.977869,
        "energy": 57.95402,
        "activity_lines": [
          45.83,
          45.594273,
          44.861666,
          44.25029
        ]
      },
      {
        "date": "2024-03-15",
        "close": 45.07,
        "volume": 29296,
        "typical_volume": 40907.0,
        "trend": 43.7615,
        "fair_value": 44.783974,
        "relative_strength": -7.87292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.239198,
        "energy": 47.530267,
        "activity_lines": [
          45.653667,
          45.537909,
          44.95869,
          44.341107
        ]
      },
      {
        "date": "2024-03-22",
        "close": 46.084999,
        "volume": 32511,
        "typical_volume": 40621.2,
        "trend": 43.877833,
        "fair_value": 44.776506,
        "relative_strength": -6.978272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.559335,
        "energy": 48.556911,
        "activity_lines": [
          45.788,
          45.646363,
          45.130785,
          44.491011
        ]
      },
      {
        "date": "2024-03-29",
        "close": 45.735001,
        "volume": 20558,
        "typical_volume": 36661.6,
        "trend": 43.932667,
        "fair_value": 44.76859,
        "relative_strength": -8.927331,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.111486,
        "energy": 40.563513,
        "activity_lines": [
          45.765,
          45.684909,
          45.25369,
          44.610828
        ]
      },
      {
        "date": "2024-04-05",
        "close": 44.764999,
        "volume": 24062,
        "typical_volume": 36556.35,
        "trend": 43.963667,
        "fair_value": 44.755192,
        "relative_strength": -9.139099,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.639804,
        "energy": 23.187775,
        "activity_lines": [
          45.417,
          45.537182,
          45.264476,
          44.664527
        ]
      },
      {
        "date": "2024-04-12",
        "close": 44.509998,
        "volume": 16973,
        "typical_volume": 34235.25,
        "trend": 43.964,
        "fair_value": 44.741442,
        "relative_strength": -8.276909,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.509847,
        "energy": 16.468479,
        "activity_lines": [
          45.070332,
          45.351454,
          45.239404,
          44.699774
        ]
      },
      {
        "date": "2024-04-19",
        "close": 42.77,
        "volume": 26933,
        "typical_volume": 34235.65,
        "trend": 43.938,
        "fair_value": 44.721955,
        "relative_strength": -10.705802,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -19.54675,
        "energy": 28.190697,
        "activity_lines": [
          44.249333,
          44.870363,
          45.039071,
          44.622742
        ]
      },
      {
        "date": "2024-04-26",
        "close": 43.09,
        "volume": 41895,
        "typical_volume": 35962.6,
        "trend": 43.947333,
        "fair_value": 44.710513,
        "relative_strength": -11.929642,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.526177,
        "energy": 42.483726,
        "activity_lines": [
          43.688333,
          44.481727,
          44.869785,
          44.568032
        ]
      },
      {
        "date": "2024-05-03",
        "close": 43.759998,
        "volume": 39532,
        "typical_volume": 36811.55,
        "trend": 43.998,
        "fair_value": 44.700385,
        "relative_strength": -9.572074,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.865055,
        "energy": 52.072696,
        "activity_lines": [
          43.550332,
          44.258272,
          44.76588,
          44.555946
        ]
      },
      {
        "date": "2024-05-10",
        "close": 43.380001,
        "volume": 12883,
        "typical_volume": 36140.2,
        "trend": 44.030666,
        "fair_value": 44.694744,
        "relative_strength": -13.732158,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.851014,
        "energy": 55.374395,
        "activity_lines": [
          43.417333,
          44.001181,
          44.624476,
          44.516075
        ]
      },
      {
        "date": "2024-05-17",
        "close": 43.48,
        "volume": 27553,
        "typical_volume": 36686.45,
        "trend": 44.122333,
        "fair_value": 44.688045,
        "relative_strength": -12.902623,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.555195,
        "energy": 46.390115,
        "activity_lines": [
          43.41,
          43.811,
          44.494,
          44.480548
        ]
      },
      {
        "date": "2024-05-24",
        "close": 43.395,
        "volume": 12435,
        "typical_volume": 36349.65,
        "trend": 44.217666,
        "fair_value": 44.676058,
        "relative_strength": -12.69032,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.254951,
        "energy": 31.707792,
        "activity_lines": [
          43.443,
          43.652909,
          44.358071,
          44.433623
        ]
      },
      {
        "date": "2024-05-31",
        "close": 43.355,
        "volume": 20584,
        "typical_volume": 32574.2,
        "trend": 44.237666,
        "fair_value": 44.662788,
        "relative_strength": -11.497305,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.25384,
        "energy": 30.739449,
        "activity_lines": [
          43.421,
          43.518,
          44.221143,
          44.377967
        ]
      },
      {
        "date": "2024-06-07",
        "close": 44.209999,
        "volume": 27256,
        "typical_volume": 31582.15,
        "trend": 44.325,
        "fair_value": 44.652308,
        "relative_strength": -9.690307,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.934272,
        "energy": 17.637443,
        "activity_lines": [
          43.666333,
          43.588181,
          44.177,
          44.376182
        ]
      },
      {
        "date": "2024-06-14",
        "close": 44.005001,
        "volume": 13044,
        "typical_volume": 29186.8,
        "trend": 44.380666,
        "fair_value": 44.640128,
        "relative_strength": -7.07353,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.81425,
        "energy": 21.936545,
        "activity_lines": [
          43.813333,
          43.648818,
          44.118,
          44.355537
        ]
      },
      {
        "date": "2024-06-21",
        "close": 43.349998,
        "volume": 16907,
        "typical_volume": 28656.65,
        "trend": 44.408833,
        "fair_value": 44.619551,
        "relative_strength": -8.996251,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.202785,
        "energy": 24.524595,
        "activity_lines": [
          43.700333,
          43.604181,
          44.002428,
          44.289043
        ]
      },
      {
        "date": "2024-06-28",
        "close": 44.485001,
        "volume": 16997,
        "typical_volume": 26955.8,
        "trend": 44.462,
        "fair_value": 44.607115,
        "relative_strength": -6.755287,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.932189,
        "energy": 17.929058,
        "activity_lines": [
          43.974333,
          43.787,
          44.005976,
          44.293957
        ]
      },
      {
        "date": "2024-07-05",
        "close": 44.810001,
        "volume": 27912,
        "typical_volume": 25112.85,
        "trend": 44.508333,
        "fair_value": 44.593301,
        "relative_strength": -7.007855,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.871714,
        "energy": 13.827122,
        "activity_lines": [
          44.284,
          43.997727,
          44.041286,
          44.316408
        ]
      },
      {
        "date": "2024-07-12",
        "close": 45.814999,
        "volume": 14602,
        "typical_volume": 24876.2,
        "trend": 44.586,
        "fair_value": 44.589776,
        "relative_strength": -6.100096,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.942617,
        "energy": 29.30225,
        "activity_lines": [
          44.831667,
          44.359909,
          44.175476,
          44.400709
        ]
      },
      {
        "date": "2024-07-19",
        "close": 45.285,
        "volume": 17897,
        "typical_volume": 24764.85,
        "trend": 44.639666,
        "fair_value": 44.579135,
        "relative_strength": -4.0766,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 25.759609,
        "energy": 43.071487,
        "activity_lines": [
          45.095667,
          44.588364,
          44.25869,
          44.445806
        ]
      },
      {
        "date": "2024-07-26",
        "close": 44.514999,
        "volume": 23874,
        "typical_volume": 23185.2,
        "trend": 44.655666,
        "fair_value": 44.571378,
        "relative_strength": -6.742871,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.182795,
        "energy": 39.352959,
        "activity_lines": [
          45.017666,
          44.642182,
          44.272262,
          44.437763
        ]
      },
      {
        "date": "2024-08-02",
        "close": 42.134998,
        "volume": 68383,
        "typical_volume": 25139.55,
        "trend": 44.594,
        "fair_value": 44.540417,
        "relative_strength": -7.73379,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -48.612201,
        "energy": 18.580096,
        "activity_lines": [
          44.068666,
          44.244454,
          44.06669,
          44.275139
        ]
      },
      {
        "date": "2024-08-09",
        "close": 43.145,
        "volume": 86006,
        "typical_volume": 27814.3,
        "trend": 44.5075,
        "fair_value": 44.513205,
        "relative_strength": -5.651687,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -40.89397,
        "energy": 27.381853,
        "activity_lines": [
          43.612999,
          44.053272,
          43.971285,
          44.181656
        ]
      },
      {
        "date": "2024-08-16",
        "close": 44.814999,
        "volume": 21484,
        "typical_volume": 27860.6,
        "trend": 44.495,
        "fair_value": 44.499263,
        "relative_strength": -5.024522,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.644206,
        "energy": 19.909871,
        "activity_lines": [
          43.824999,
          44.169545,
          44.048928,
          44.201494
        ]
      },
      {
        "date": "2024-08-23",
        "close": 46.360001,
        "volume": 10417,
        "typical_volume": 27178.35,
        "trend": 44.532833,
        "fair_value": 44.490481,
        "relative_strength": -3.217336,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.058104,
        "energy": 13.011088,
        "activity_lines": [
          44.618666,
          44.555727,
          44.278095,
          44.321817
        ]
      },
      {
        "date": "2024-08-30",
        "close": 46.994999,
        "volume": 11848,
        "typical_volume": 26922.1,
        "trend": 44.577166,
        "fair_value": 44.471763,
        "relative_strength": -3.096676,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.260155,
        "energy": 48.705308,
        "activity_lines": [
          45.552333,
          45.014545,
          44.560142,
          44.480666
        ]
      },
      {
        "date": "2024-09-06",
        "close": 44.865002,
        "volume": 18380,
        "typical_volume": 26494.45,
        "trend": 44.584166,
        "fair_value": 44.431282,
        "relative_strength": -4.19094,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.535376,
        "energy": 38.738365,
        "activity_lines": [
          45.610667,
          45.019818,
          44.6275,
          44.499236
        ]
      },
      {
        "date": "2024-09-13",
        "close": 46.209999,
        "volume": 12315,
        "typical_volume": 25015.45,
        "trend": 44.608666,
        "fair_value": 44.395705,
        "relative_strength": -3.177219,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.265833,
        "energy": 49.604998,
        "activity_lines": [
          45.935333,
          45.262727,
          44.812976,
          44.604129
        ]
      },
      {
        "date": "2024-09-20",
        "close": 46.215,
        "volume": 19418,
        "typical_volume": 24009.75,
        "trend": 44.6255,
        "fair_value": 44.363494,
        "relative_strength": -3.031815,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 59.130299,
        "energy": 56.718612,
        "activity_lines": [
          46.057333,
          45.481091,
          44.984071,
          44.707763
        ]
      },
      {
        "date": "2024-09-27",
        "close": 46.599998,
        "volume": 33169,
        "typical_volume": 25024.05,
        "trend": 44.6435,
        "fair_value": 44.346218,
        "relative_strength": -5.730684,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.760048,
        "energy": 41.844333,
        "activity_lines": [
          46.214333,
          45.762181,
          45.180142,
          44.83515
        ]
      },
      {
        "date": "2024-10-04",
        "close": 47.244999,
        "volume": 28151,
        "typical_volume": 25053.95,
        "trend": 44.681833,
        "fair_value": 44.340513,
        "relative_strength": -2.43924,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.90001,
        "energy": 52.771782,
        "activity_lines": [
          46.570332,
          46.136636,
          45.422309,
          45.002989
        ]
      },
      {
        "date": "2024-10-11",
        "close": 46.369999,
        "volume": 10328,
        "typical_volume": 24948.6,
        "trend": 44.725166,
        "fair_value": 44.323461,
        "relative_strength": -5.209237,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.278367,
        "energy": 42.634662,
        "activity_lines": [
          46.617999,
          46.302363,
          45.563214,
          45.111903
        ]
      },
      {
        "date": "2024-10-18",
        "close": 45.974998,
        "volume": 12997,
        "typical_volume": 24569.25,
        "trend": 44.7215,
        "fair_value": 44.307917,
        "relative_strength": -7.079697,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.173738,
        "energy": 34.459917,
        "activity_lines": [
          46.433665,
          46.319272,
          45.652333,
          45.192537
        ]
      },
      {
        "date": "2024-10-25",
        "close": 44.185001,
        "volume": 38935,
        "typical_volume": 25153.2,
        "trend": 44.669833,
        "fair_value": 44.277788,
        "relative_strength": -9.469652,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.584016,
        "energy": 13.211037,
        "activity_lines": [
          45.668333,
          45.959272,
          45.558499,
          45.157924
        ]
      },
      {
        "date": "2024-11-01",
        "close": 44.615002,
        "volume": 17338,
        "typical_volume": 25367.9,
        "trend": 44.664833,
        "fair_value": 44.240385,
        "relative_strength": -7.244147,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 16.644997,
        "energy": 16.164264,
        "activity_lines": [
          45.181667,
          45.688909,
          45.505738,
          45.154387
        ]
      },
      {
        "date": "2024-11-08",
        "close": 46.150002,
        "volume": 23147,
        "typical_volume": 25679.9,
        "trend": 44.7195,
        "fair_value": 44.211923,
        "relative_strength": -3.612048,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.24724,
        "energy": 22.310635,
        "activity_lines": [
          45.339001,
          45.729364,
          45.596262,
          45.250204
        ]
      },
      {
        "date": "2024-11-15",
        "close": 44.68,
        "volume": 14315,
        "typical_volume": 25545.8,
        "trend": 44.783166,
        "fair_value": 44.173333,
        "relative_strength": -6.418636,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.141162,
        "energy": 14.624126,
        "activity_lines": [
          45.079334,
          45.517909,
          45.533452,
          45.247656
        ]
      },
      {
        "date": "2024-11-22",
        "close": 45.34,
        "volume": 11156,
        "typical_volume": 24708.0,
        "trend": 44.858166,
        "fair_value": 44.152756,
        "relative_strength": -5.362141,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.309513,
        "energy": 11.578609,
        "activity_lines": [
          45.152334,
          45.429818,
          45.532571,
          45.283581
        ]
      },
      {
        "date": "2024-11-29",
        "close": 45.845001,
        "volume": 12778,
        "typical_volume": 24616.8,
        "trend": 44.927667,
        "fair_value": 44.134391,
        "relative_strength": -5.584704,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.880847,
        "energy": 10.700263,
        "activity_lines": [
          45.436001,
          45.449364,
          45.577262,
          45.347247
        ]
      },
      {
        "date": "2024-12-06",
        "close": 46.855,
        "volume": 15101,
        "typical_volume": 24477.0,
        "trend": 45.0435,
        "fair_value": 44.117628,
        "relative_strength": -6.882052,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.293774,
        "energy": 27.404752,
        "activity_lines": [
          45.945667,
          45.659273,
          45.718,
          45.471591
        ]
      },
      {
        "date": "2024-12-13",
        "close": 45.849998,
        "volume": 14249,
        "typical_volume": 23995.75,
        "trend": 45.1225,
        "fair_value": 44.094199,
        "relative_strength": -8.726348,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.628195,
        "energy": 26.463205,
        "activity_lines": [
          45.971,
          45.681818,
          45.755548,
          45.523624
        ]
      },
      {
        "date": "2024-12-20",
        "close": 45.415001,
        "volume": 22915,
        "typical_volume": 21722.35,
        "trend": 45.189833,
        "fair_value": 44.069615,
        "relative_strength": -6.982677,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.127137,
        "energy": 20.939839,
        "activity_lines": [
          45.871333,
          45.650637,
          45.74531,
          45.542495
        ]
      },
      {
        "date": "2024-12-27",
        "close": 45.325001,
        "volume": 4614,
        "typical_volume": 17652.75,
        "trend": 45.2555,
        "fair_value": 44.047211,
        "relative_strength": -7.367876,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.20081,
        "energy": 14.575342,
        "activity_lines": [
          45.692667,
          45.620455,
          45.710881,
          45.551215
        ]
      },
      {
        "date": "2025-01-03",
        "close": 45.720001,
        "volume": 14955,
        "typical_volume": 17326.3,
        "trend": 45.305833,
        "fair_value": 44.032308,
        "relative_strength": -5.931911,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.358899,
        "energy": 8.819808,
        "activity_lines": [
          45.646667,
          45.67391,
          45.703691,
          45.581183
        ]
      },
      {
        "date": "2025-01-10",
        "close": 44.220001,
        "volume": 29992,
        "typical_volume": 18305.05,
        "trend": 45.313,
        "fair_value": 44.007372,
        "relative_strength": -10.017287,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.330012,
        "energy": 19.428158,
        "activity_lines": [
          45.109001,
          45.426728,
          45.549334,
          45.511129
        ]
      },
      {
        "date": "2025-01-17",
        "close": 45.435001,
        "volume": 17042,
        "typical_volume": 18564.75,
        "trend": 45.3825,
        "fair_value": 43.99484,
        "relative_strength": -10.195512,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.287302,
        "energy": 13.833546,
        "activity_lines": [
          45.152001,
          45.407637,
          45.520881,
          45.519
        ]
      },
      {
        "date": "2025-01-24",
        "close": 46.060001,
        "volume": 12860,
        "typical_volume": 18288.75,
        "trend": 45.435,
        "fair_value": 43.99641,
        "relative_strength": -10.68737,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.455602,
        "energy": 5.387734,
        "activity_lines": [
          45.431001,
          45.515183,
          45.559381,
          45.56271
        ]
      },
      {
        "date": "2025-01-31",
        "close": 47.049999,
        "volume": 8817,
        "typical_volume": 18113.85,
        "trend": 45.509667,
        "fair_value": 44.004038,
        "relative_strength": -9.798571,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.990813,
        "energy": 33.61383,
        "activity_lines": [
          45.997,
          45.777637,
          45.686477,
          45.666903
        ]
      },
      {
        "date": "2025-02-07",
        "close": 46.610001,
        "volume": 38437,
        "typical_volume": 19064.8,
        "trend": 45.536167,
        "fair_value": 44.006923,
        "relative_strength": -10.509818,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.848142,
        "energy": 42.920001,
        "activity_lines": [
          46.301334,
          45.929001,
          45.767667,
          45.737893
        ]
      },
      {
        "date": "2025-02-14",
        "close": 46.040001,
        "volume": 16280,
        "typical_volume": 18220.35,
        "trend": 45.561333,
        "fair_value": 44.007276,
        "relative_strength": -14.033412,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.944907,
        "energy": 45.400079,
        "activity_lines": [
          46.356334,
          45.962819,
          45.792691,
          45.770398
        ]
      },
      {
        "date": "2025-02-21",
        "close": 46.59,
        "volume": 15874,
        "typical_volume": 17606.5,
        "trend": 45.6305,
        "fair_value": 44.011827,
        "relative_strength": -11.74409,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.020772,
        "energy": 53.904384,
        "activity_lines": [
          46.473334,
          46.111455,
          45.872762,
          45.836764
        ]
      },
      {
        "date": "2025-02-28",
        "close": 46.595001,
        "volume": 8790,
        "typical_volume": 17529.6,
        "trend": 45.779167,
        "fair_value": 44.016282,
        "relative_strength": -12.389715,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.529312,
        "energy": 44.154576,
        "activity_lines": [
          46.515001,
          46.247546,
          45.956429,
          45.89899
        ]
      },
      {
        "date": "2025-03-07",
        "close": 45.455002,
        "volume": 23434,
        "typical_volume": 18051.45,
        "trend": 45.856167,
        "fair_value": 44.020994,
        "relative_strength": -15.812516,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.30189,
        "energy": 14.016435,
        "activity_lines": [
          46.141001,
          46.15491,
          45.930453,
          45.878076
        ]
      },
      {
        "date": "2025-03-14",
        "close": 45.48,
        "volume": 40368,
        "typical_volume": 18123.1,
        "trend": 45.878334,
        "fair_value": 44.013558,
        "relative_strength": -15.314415,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.233407,
        "energy": 4.479957,
        "activity_lines": [
          45.881667,
          46.064455,
          45.909334,
          45.853807
        ]
      },
      {
        "date": "2025-03-21",
        "close": 46.009998,
        "volume": 12631,
        "typical_volume": 17887.75,
        "trend": 45.866667,
        "fair_value": 44.009679,
        "relative_strength": -13.600656,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.517494,
        "energy": 5.409348,
        "activity_lines": [
          45.874333,
          46.074727,
          45.932524,
          45.862301
        ]
      },
      {
        "date": "2025-03-28",
        "close": 45.119999,
        "volume": 15169,
        "typical_volume": 17488.85,
        "trend": 45.804167,
        "fair_value": 44.008942,
        "relative_strength": -13.316523,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.399815,
        "energy": 14.071439,
        "activity_lines": [
          45.572333,
          45.890636,
          45.86431,
          45.814129
        ]
      },
      {
        "date": "2025-04-04",
        "close": 40.865002,
        "volume": 37976,
        "typical_volume": 18671.9,
        "trend": 45.670834,
        "fair_value": 43.984583,
        "relative_strength": -14.225696,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.896732,
        "energy": 76.912063,
        "activity_lines": [
          43.95,
          44.938637,
          45.395762,
          45.495474
        ]
      },
      {
        "date": "2025-04-11",
        "close": 41.044998,
        "volume": 104140,
        "typical_volume": 23321.1,
        "trend": 45.498667,
        "fair_value": 43.964102,
        "relative_strength": -12.3747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.432011,
        "energy": 85.149966,
        "activity_lines": [
          42.769666,
          44.113818,
          44.962524,
          45.197032
        ]
      },
      {
        "date": "2025-04-18",
        "close": 43.285,
        "volume": 25290,
        "typical_volume": 23946.7,
        "trend": 45.401,
        "fair_value": 43.964038,
        "relative_strength": -10.941405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.996959,
        "energy": 77.066865,
        "activity_lines": [
          42.63,
          43.805454,
          44.763072,
          45.054215
        ]
      },
      {
        "date": "2025-04-25",
        "close": 44.02,
        "volume": 17816,
        "typical_volume": 24082.45,
        "trend": 45.315,
        "fair_value": 43.96157,
        "relative_strength": -13.364029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.527294,
        "energy": 72.612025,
        "activity_lines": [
          42.881666,
          43.691182,
          44.64581,
          44.965118
        ]
      },
      {
        "date": "2025-05-02",
        "close": 44.904999,
        "volume": 9104,
        "typical_volume": 23825.2,
        "trend": 45.237,
        "fair_value": 43.972532,
        "relative_strength": -14.504266,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.501773,
        "energy": 38.652025,
        "activity_lines": [
          43.561,
          43.774545,
          44.626333,
          44.938667
        ]
      },
      {
        "date": "2025-05-09",
        "close": 45.27,
        "volume": 7365,
        "typical_volume": 23047.7,
        "trend": 45.200334,
        "fair_value": 43.982756,
        "relative_strength": -15.04692,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.008487,
        "energy": 19.039613,
        "activity_lines": [
          44.376333,
          43.954909,
          44.646119,
          44.940796
        ]
      },
      {
        "date": "2025-05-16",
        "close": 45.514999,
        "volume": 10782,
        "typical_volume": 23356.1,
        "trend": 45.185,
        "fair_value": 43.99641,
        "relative_strength": -15.256317,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.30259,
        "energy": 20.410902,
        "activity_lines": [
          44.979666,
          44.203909,
          44.689928,
          44.961097
        ]
      },
      {
        "date": "2025-05-23",
        "close": 44.455002,
        "volume": 15206,
        "typical_volume": 23368.65,
        "trend": 45.194,
        "fair_value": 44.00109,
        "relative_strength": -16.434083,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.094174,
        "energy": 21.55027,
        "activity_lines": [
          44.931667,
          44.259091,
          44.631881,
          44.914
        ]
      },
      {
        "date": "2025-05-30",
        "close": 44.814999,
        "volume": 24899,
        "typical_volume": 23114.0,
        "trend": 45.200667,
        "fair_value": 44.013333,
        "relative_strength": -16.71001,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.294336,
        "energy": 18.554315,
        "activity_lines": [
          44.925667,
          44.398363,
          44.614143,
          44.889548
        ]
      },
      {
        "date": "2025-06-06",
        "close": 44.775002,
        "volume": 49384,
        "typical_volume": 24731.1,
        "trend": 45.154834,
        "fair_value": 44.030192,
        "relative_strength": -17.45302,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.509095,
        "energy": 13.902038,
        "activity_lines": [
          44.853334,
          44.552091,
          44.589762,
          44.862086
        ]
      },
      {
        "date": "2025-06-13",
        "close": 44.459999,
        "volume": 8256,
        "typical_volume": 24500.9,
        "trend": 45.1475,
        "fair_value": 44.059167,
        "relative_strength": -14.880146,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.303081,
        "energy": 8.654294,
        "activity_lines": [
          44.684667,
          44.654818,
          44.538524,
          44.817258
        ]
      },
      {
        "date": "2025-06-20",
        "close": 43.549999,
        "volume": 4487,
        "typical_volume": 24284.4,
        "trend": 45.087834,
        "fair_value": 44.074199,
        "relative_strength": -15.649841,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.560152,
        "energy": 21.273124,
        "activity_lines": [
          44.266666,
          44.526727,
          44.408238,
          44.714194
        ]
      },
      {
        "date": "2025-06-27",
        "close": 44.605,
        "volume": 28350,
        "typical_volume": 23780.05,
        "trend": 45.0465,
        "fair_value": 44.095256,
        "relative_strength": -15.632318,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.745513,
        "energy": 17.442842,
        "activity_lines": [
          44.331333,
          44.544909,
          44.395095,
          44.683043
        ]
      },
      {
        "date": "2025-07-04",
        "close": 43.755001,
        "volume": 13789,
        "typical_volume": 23655.5,
        "trend": 44.943167,
        "fair_value": 44.098269,
        "relative_strength": -15.954451,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.618145,
        "energy": 33.444932,
        "activity_lines": [
          44.102667,
          44.384546,
          44.310548,
          44.59972
        ]
      },
      {
        "date": "2025-07-11",
        "close": 43.084999,
        "volume": 11877,
        "typical_volume": 23455.65,
        "trend": 44.851,
        "fair_value": 44.09907,
        "relative_strength": -18.358974,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.002523,
        "energy": 57.213832,
        "activity_lines": [
          43.721333,
          44.107182,
          44.173071,
          44.479839
        ]
      },
      {
        "date": "2025-07-18",
        "close": 43.099998,
        "volume": 14159,
        "typical_volume": 23724.1,
        "trend": 44.773833,
        "fair_value": 44.090705,
        "relative_strength": -17.924971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.60164,
        "energy": 61.45175,
        "activity_lines": [
          43.457666,
          43.865636,
          44.053714,
          44.366871
        ]
      },
      {
        "date": "2025-07-25",
        "close": 44.395,
        "volume": 8736,
        "typical_volume": 22989.2,
        "trend": 44.742833,
        "fair_value": 44.086154,
        "relative_strength": -14.7649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.745768,
        "energy": 47.485355,
        "activity_lines": [
          43.716333,
          43.899,
          44.074333,
          44.34243
        ]
      },
      {
        "date": "2025-08-01",
        "close": 44.384998,
        "volume": 35220,
        "typical_volume": 22731.8,
        "trend": 44.698333,
        "fair_value": 44.083013,
        "relative_strength": -11.51628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.725923,
        "energy": 25.771814,
        "activity_lines": [
          43.915332,
          43.950908,
          44.099047,
          44.319344
        ]
      },
      {
        "date": "2025-08-08",
        "close": 46.205002,
        "volume": 25949,
        "typical_volume": 23397.7,
        "trend": 44.7645,
        "fair_value": 44.085705,
        "relative_strength": -10.276344,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.152923,
        "energy": 15.052489,
        "activity_lines": [
          44.735666,
          44.335,
          44.302309,
          44.416548
        ]
      },
      {
        "date": "2025-08-15",
        "close": 47.035,
        "volume": 27188,
        "typical_volume": 23998.65,
        "trend": 44.817833,
        "fair_value": 44.093205,
        "relative_strength": -8.978163,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 51.870994,
        "energy": 49.029812,
        "activity_lines": [
          45.669333,
          44.844727,
          44.58369,
          44.563032
        ]
      },
      {
        "date": "2025-08-22",
        "close": 46.93,
        "volume": 7698,
        "typical_volume": 22484.75,
        "trend": 44.846833,
        "fair_value": 44.103558,
        "relative_strength": -8.730679,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.147324,
        "energy": 70.874079,
        "activity_lines": [
          46.304667,
          45.294273,
          44.845952,
          44.699301
        ]
      },
      {
        "date": "2025-08-29",
        "close": 45.294998,
        "volume": 7789,
        "typical_volume": 17667.2,
        "trend": 44.788333,
        "fair_value": 44.11359,
        "relative_strength": -9.726107,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.923485,
        "energy": 64.129787,
        "activity_lines": [
          46.139666,
          45.401636,
          44.923619,
          44.728215
        ]
      },
      {
        "date": "2025-09-05",
        "close": 45.68,
        "volume": 12823,
        "typical_volume": 17043.85,
        "trend": 44.757333,
        "fair_value": 44.126859,
        "relative_strength": -7.343547,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 60.93496,
        "energy": 67.916243,
        "activity_lines": [
          46.043,
          45.547272,
          45.017714,
          44.785742
        ]
      },
      {
        "date": "2025-09-12",
        "close": 46.560001,
        "volume": 24617,
        "typical_volume": 17383.9,
        "trend": 44.774667,
        "fair_value": 44.154679,
        "relative_strength": -5.521287,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.090242,
        "energy": 51.879659,
        "activity_lines": [
          46.153333,
          45.833363,
          45.184214,
          44.902043
        ]
      },
      {
        "date": "2025-09-19",
        "close": 46.34,
        "volume": 9961,
        "typical_volume": 17426.75,
        "trend": 44.766333,
        "fair_value": 44.183013,
        "relative_strength": -5.288712,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.916898,
        "energy": 38.328117,
        "activity_lines": [
          46.166667,
          46.028454,
          45.317666,
          45.003032
        ]
      },
      {
        "date": "2025-09-26",
        "close": 46.049999,
        "volume": 6939,
        "typical_volume": 17405.45,
        "trend": 44.748166,
        "fair_value": 44.213686,
        "relative_strength": -5.881839,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.767092,
        "energy": 38.203785,
        "activity_lines": [
          46.129666,
          46.111636,
          45.416666,
          45.085849
        ]
      },
      {
        "date": "2025-10-03",
        "close": 46.724998,
        "volume": 16667,
        "typical_volume": 17699.7,
        "trend": 44.7905,
        "fair_value": 44.245064,
        "relative_strength": -6.523274,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.940222,
        "energy": 44.956653,
        "activity_lines": [
          46.376333,
          46.263909,
          45.576238,
          45.213387
        ]
      },
      {
        "date": "2025-10-10",
        "close": 45.73,
        "volume": 28428,
        "typical_volume": 18360.8,
        "trend": 44.798833,
        "fair_value": 44.276891,
        "relative_strength": -7.555935,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.916102,
        "energy": 32.853692,
        "activity_lines": [
          46.195999,
          46.192909,
          45.635285,
          45.274
        ]
      },
      {
        "date": "2025-10-17",
        "close": 46.974998,
        "volume": 14242,
        "typical_volume": 17827.95,
        "trend": 44.831,
        "fair_value": 44.316154,
        "relative_strength": -3.067681,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.007314,
        "energy": 38.51184,
        "activity_lines": [
          46.427332,
          46.323817,
          45.806833,
          45.414397
        ]
      },
      {
        "date": "2025-10-24",
        "close": 47.25,
        "volume": 8155,
        "typical_volume": 15766.5,
        "trend": 44.902,
        "fair_value": 44.354359,
        "relative_strength": -3.853187,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.070917,
        "energy": 46.653792,
        "activity_lines": [
          46.722666,
          46.490727,
          45.994285,
          45.570462
        ]
      },
      {
        "date": "2025-10-31",
        "close": 47.595001,
        "volume": 21989,
        "typical_volume": 16453.15,
        "trend": 45.126333,
        "fair_value": 44.39375,
        "relative_strength": -1.704724,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.96015,
        "energy": 54.309767,
        "activity_lines": [
          47.072333,
          46.716454,
          46.202809,
          45.744204
        ]
      },
      {
        "date": "2025-11-07",
        "close": 47.535,
        "volume": 32292,
        "typical_volume": 17843.4,
        "trend": 45.342666,
        "fair_value": 44.422628,
        "relative_strength": 0.155696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.729005,
        "energy": 71.533872,
        "activity_lines": [
          47.299,
          46.919182,
          46.39069,
          45.899602
        ]
      },
      {
        "date": "2025-11-14",
        "close": 48.0,
        "volume": 9527,
        "typical_volume": 16902.25,
        "trend": 45.499833,
        "fair_value": 44.455961,
        "relative_strength": 0.138469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.704055,
        "energy": 76.264194,
        "activity_lines": [
          47.626667,
          47.165727,
          46.603881,
          46.071043
        ]
      },
      {
        "date": "2025-11-21",
        "close": 47.334999,
        "volume": 25253,
        "typical_volume": 17475.45,
        "trend": 45.610333,
        "fair_value": 44.482211,
        "relative_strength": 2.397732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.007519,
        "energy": 59.618797,
        "activity_lines": [
          47.581333,
          47.249181,
          46.737571,
          46.189441
        ]
      },
      {
        "date": "2025-11-28",
        "close": 47.595001,
        "volume": 28571,
        "typical_volume": 18310.15,
        "trend": 45.7,
        "fair_value": 44.510705,
        "relative_strength": 0.06864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.762136,
        "energy": 48.058753,
        "activity_lines": [
          47.598667,
          47.365818,
          46.878976,
          46.317484
        ]
      },
      {
        "date": "2025-12-05",
        "close": 47.630001,
        "volume": 47080,
        "typical_volume": 19956.2,
        "trend": 45.778666,
        "fair_value": 44.54157,
        "relative_strength": -0.351506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.550593,
        "energy": 42.776955,
        "activity_lines": [
          47.604667,
          47.466,
          47.002238,
          46.442
        ]
      },
      {
        "date": "2025-12-12",
        "close": 46.82,
        "volume": 15216,
        "typical_volume": 20280.2,
        "trend": 45.822167,
        "fair_value": 44.573526,
        "relative_strength": -2.393889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.252895,
        "energy": 27.522252,
        "activity_lines": [
          47.338334,
          47.390182,
          47.026786,
          46.509183
        ]
      },
      {
        "date": "2025-12-19",
        "close": 47.325001,
        "volume": 20277,
        "typical_volume": 19533.05,
        "trend": 45.917833,
        "fair_value": 44.610192,
        "relative_strength": -1.434462,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.237751,
        "energy": 24.58904,
        "activity_lines": [
          47.288001,
          47.404455,
          47.087881,
          46.60614
        ]
      },
      {
        "date": "2025-12-26",
        "close": 47.384998,
        "volume": 2796,
        "typical_volume": 18375.4,
        "trend": 46.0035,
        "fair_value": 44.649968,
        "relative_strength": -1.210245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.132319,
        "energy": 20.881287,
        "activity_lines": [
          47.302666,
          47.400636,
          47.14069,
          46.700795
        ]
      },
      {
        "date": "2026-01-02",
        "close": 47.465,
        "volume": 7770,
        "typical_volume": 17404.5,
        "trend": 46.093166,
        "fair_value": 44.689744,
        "relative_strength": -1.498569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.805958,
        "energy": 19.839817,
        "activity_lines": [
          47.340666,
          47.403909,
          47.1955,
          46.795086
        ]
      },
      {
        "date": "2026-01-09",
        "close": 49.459999,
        "volume": 27032,
        "typical_volume": 18371.2,
        "trend": 46.259833,
        "fair_value": 44.738301,
        "relative_strength": -0.06857,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 79.048267,
        "energy": 54.928904,
        "activity_lines": [
          48.052333,
          47.766,
          47.438262,
          47.012301
        ]
      },
      {
        "date": "2026-01-16",
        "close": 49.195,
        "volume": 19486,
        "typical_volume": 18956.05,
        "trend": 46.448,
        "fair_value": 44.779744,
        "relative_strength": -0.519944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.522135,
        "energy": 71.733828,
        "activity_lines": [
          48.553666,
          48.046,
          47.643738,
          47.201666
        ]
      },
      {
        "date": "2026-01-23",
        "close": 47.709999,
        "volume": 20328,
        "typical_volume": 19331.3,
        "trend": 46.5515,
        "fair_value": 44.808333,
        "relative_strength": -1.75804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.599291,
        "energy": 59.08798,
        "activity_lines": [
          48.401666,
          48.025818,
          47.689214,
          47.283086
        ]
      },
      {
        "date": "2026-01-30",
        "close": 47.415001,
        "volume": 23965,
        "typical_volume": 19298.7,
        "trend": 46.6735,
        "fair_value": 44.835192,
        "relative_strength": -0.697653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.098321,
        "energy": 43.680129,
        "activity_lines": [
          48.125667,
          47.957273,
          47.696928,
          47.338796
        ]
      },
      {
        "date": "2026-02-06",
        "close": 48.720001,
        "volume": 59819,
        "typical_volume": 21791.6,
        "trend": 46.861333,
        "fair_value": 44.867083,
        "relative_strength": 1.450605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.419347,
        "energy": 36.002623,
        "activity_lines": [
          48.282667,
          48.124545,
          47.824857,
          47.470828
        ]
      },
      {
        "date": "2026-02-13",
        "close": 50.639999,
        "volume": 34356,
        "typical_volume": 23162.45,
        "trend": 47.112666,
        "fair_value": 44.920417,
        "relative_strength": 4.642963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.765573,
        "energy": 47.652512,
        "activity_lines": [
          48.996,
          48.620454,
          48.124309,
          47.714613
        ]
      },
      {
        "date": "2026-02-20",
        "close": 49.805,
        "volume": 17846,
        "typical_volume": 23221.4,
        "trend": 47.293,
        "fair_value": 44.97125,
        "relative_strength": 1.628115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.281917,
        "energy": 55.787035,
        "activity_lines": [
          49.352333,
          48.909818,
          48.322381,
          47.888312
        ]
      },
      {
        "date": "2026-02-27",
        "close": 50.439999,
        "volume": 11785,
        "typical_volume": 22389.25,
        "trend": 47.494833,
        "fair_value": 45.019199,
        "relative_strength": 2.90057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.314222,
        "energy": 74.641801,
        "activity_lines": [
          49.879666,
          49.260363,
          48.566262,
          48.091344
        ]
      },
      {
        "date": "2026-03-06",
        "close": 47.830002,
        "volume": 36214,
        "typical_volume": 23487.85,
        "trend": 47.549,
        "fair_value": 45.051378,
        "relative_strength": 4.525635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.631021,
        "energy": 46.775245,
        "activity_lines": [
          49.355,
          49.079727,
          48.539143,
          48.112968
        ]
      },
      {
        "date": "2026-03-13",
        "close": 46.970001,
        "volume": 27748,
        "typical_volume": 24467.5,
        "trend": 47.546833,
        "fair_value": 45.081506,
        "relative_strength": 3.250207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.086923,
        "energy": 11.819973,
        "activity_lines": [
          48.516001,
          48.734637,
          48.426048,
          48.075613
        ]
      },
      {
        "date": "2026-03-20",
        "close": 45.470001,
        "volume": 15079,
        "typical_volume": 24122.0,
        "trend": 47.498167,
        "fair_value": 45.099103,
        "relative_strength": 4.696061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.066594,
        "energy": 27.921598,
        "activity_lines": [
          47.293668,
          48.125819,
          48.171429,
          47.941624
        ]
      },
      {
        "date": "2026-03-27",
        "close": 45.924999,
        "volume": 26798,
        "typical_volume": 23847.3,
        "trend": 47.519167,
        "fair_value": 45.116474,
        "relative_strength": 6.067223,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.405182,
        "energy": 35.328032,
        "activity_lines": [
          46.567667,
          47.672273,
          47.970262,
          47.840129
        ]
      },
      {
        "date": "2026-04-03",
        "close": 47.955002,
        "volume": 35612,
        "typical_volume": 25151.55,
        "trend": 47.595,
        "fair_value": 45.152308,
        "relative_strength": 6.514266,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.81541,
        "energy": 27.619165,
        "activity_lines": [
          46.777001,
          47.647273,
          47.970096,
          47.868247
        ]
      },
      {
        "date": "2026-04-10",
        "close": 47.950001,
        "volume": 14869,
        "typical_volume": 24632.35,
        "trend": 47.641333,
        "fair_value": 45.185288,
        "relative_strength": 3.658366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.674479,
        "energy": 20.684733,
        "activity_lines": [
          47.150334,
          47.61691,
          47.969667,
          47.891151
        ]
      },
      {
        "date": "2026-04-17",
        "close": 48.900002,
        "volume": 13983,
        "typical_volume": 23902.95,
        "trend": 47.726667,
        "fair_value": 45.221506,
        "relative_strength": 1.930025,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.364275,
        "energy": 12.991562,
        "activity_lines": [
          47.832335,
          47.749546,
          48.056786,
          47.972355
        ]
      },
      {
        "date": "2026-04-24",
        "close": 46.869999,
        "volume": 16260,
        "typical_volume": 22361.95,
        "trend": 47.754,
        "fair_value": 45.246154,
        "relative_strength": 0.055987,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.224262,
        "energy": 6.536622,
        "activity_lines": [
          47.709001,
          47.509819,
          47.944358,
          47.917086
        ]
      },
      {
        "date": "2026-05-01",
        "close": 47.200001,
        "volume": 49670,
        "typical_volume": 24084.65,
        "trend": 47.769834,
        "fair_value": 45.26891,
        "relative_strength": 0.084755,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.534073,
        "energy": 6.630342,
        "activity_lines": [
          47.602334,
          47.398637,
          47.866977,
          47.881344
        ]
      },
      {
        "date": "2026-05-08",
        "close": 48.439999,
        "volume": 21359,
        "typical_volume": 24138.75,
        "trend": 47.860167,
        "fair_value": 45.292788,
        "relative_strength": 2.454147,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.137821,
        "energy": 5.560609,
        "activity_lines": [
          47.824,
          47.560273,
          47.905881,
          47.924581
        ]
      },
      {
        "date": "2026-05-15",
        "close": 49.049999,
        "volume": 19408,
        "typical_volume": 24969.35,
        "trend": 47.929333,
        "fair_value": 45.312244,
        "relative_strength": 5.28669,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.562284,
        "energy": 8.788423,
        "activity_lines": [
          48.216666,
          47.869182,
          47.997572,
          48.001344
        ]
      },
      {
        "date": "2026-05-22",
        "close": 48.75,
        "volume": 44707,
        "typical_volume": 26816.2,
        "trend": 47.979334,
        "fair_value": 45.332949,
        "relative_strength": 0.622002,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.362671,
        "energy": 21.092862,
        "activity_lines": [
          48.436,
          48.101364,
          48.052762,
          48.054291
        ]
      },
      {
        "date": "2026-05-29",
        "close": 48.695,
        "volume": 29677,
        "typical_volume": 26948.45,
        "trend": 48.016,
        "fair_value": 45.347372,
        "relative_strength": -0.427858,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.206372,
        "energy": 27.342954,
        "activity_lines": [
          48.647,
          48.291182,
          48.096595,
          48.100463
        ]
      },
      {
        "date": "2026-06-05",
        "close": 48.724998,
        "volume": 4796,
        "typical_volume": 26213.95,
        "trend": 48.055667,
        "fair_value": 45.361538,
        "relative_strength": 0.899195,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.410546,
        "energy": 38.029642,
        "activity_lines": [
          48.746332,
          48.427818,
          48.146929,
          48.146204
        ]
      },
      {
        "date": "2026-06-12",
        "close": 49.674999,
        "volume": 1888,
        "typical_volume": 25291.95,
        "trend": 48.1115,
        "fair_value": 45.382949,
        "relative_strength": 3.255094,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.196113,
        "energy": 49.288406,
        "activity_lines": [
          49.060666,
          48.686272,
          48.289976,
          48.250677
        ]
      },
      {
        "date": "2026-06-19",
        "close": 50.52,
        "volume": 1993,
        "typical_volume": 24193.35,
        "trend": 48.217667,
        "fair_value": 45.422756,
        "relative_strength": 3.378622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.362133,
        "energy": 62.867464,
        "activity_lines": [
          49.574333,
          49.06709,
          48.504143,
          48.406064
        ]
      },
      {
        "date": "2026-06-26",
        "close": 50.049999,
        "volume": 4688,
        "typical_volume": 21436.8,
        "trend": 48.2995,
        "fair_value": 45.456763,
        "relative_strength": 3.547016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.280832,
        "energy": 64.476212,
        "activity_lines": [
          49.833333,
          49.315727,
          48.658762,
          48.524279
        ]
      },
      {
        "date": "2026-07-03",
        "close": 52.110001,
        "volume": 1395,
        "typical_volume": 19788.75,
        "trend": 48.448833,
        "fair_value": 45.506314,
        "relative_strength": 2.99091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.118548,
        "energy": 83.276944,
        "activity_lines": [
          50.692333,
          49.918,
          49.003238,
          48.770118
        ]
      },
      {
        "date": "2026-07-10",
        "close": 52.34,
        "volume": 10543,
        "typical_volume": 19423.6,
        "trend": 48.632833,
        "fair_value": 45.558942,
        "relative_strength": 6.060733,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.772051,
        "energy": 87.807842,
        "activity_lines": [
          51.400333,
          50.466818,
          49.362619,
          49.021161
        ]
      },
      {
        "date": "2026-07-17",
        "close": 51.580002,
        "volume": 11634,
        "typical_volume": 19416.05,
        "trend": 48.774667,
        "fair_value": 45.606795,
        "relative_strength": 5.203347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.406112,
        "energy": 81.308725,
        "activity_lines": [
          51.614001,
          50.784,
          49.637548,
          49.211301
        ]
      },
      {
        "date": "2026-07-24",
        "close": 51.459999,
        "volume": 21649,
        "typical_volume": 18687.8,
        "trend": 48.9105,
        "fair_value": 45.6475,
        "relative_strength": 3.618688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.116207,
        "energy": 80.049703,
        "activity_lines": [
          51.660667,
          51.022273,
          49.895619,
          49.384548
        ]
      },
      {
        "date": "2026-07-31",
        "close": 52.029999,
        "volume": 32403,
        "typical_volume": 18920.55,
        "trend": 49.062667,
        "fair_value": 45.704968,
        "relative_strength": 2.464078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.724365,
        "energy": 70.385275,
        "activity_lines": [
          51.834667,
          51.320363,
          50.19069,
          49.585806
        ]
      },
      {
        "date": "2026-08-07",
        "close": 53.810001,
        "volume": 54885,
        "typical_volume": 20910.85,
        "trend": 49.207667,
        "fair_value": 45.774038,
        "relative_strength": 3.058206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.853325,
        "energy": 71.89539,
        "activity_lines": [
          52.47,
          51.882455,
          50.63119,
          49.892086
        ]
      }
    ],
    "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."
    }
  }
}