{
  "ticker": {
    "uuid": "995df272-09f2-4ac5-b3fa-b557aef52150",
    "symbol": "MUSRI",
    "name": "BNP Paribas Easy MSCI EMU SRI PAB UCITS ETF Capitalisation",
    "exchange": "MIL",
    "country": "IT",
    "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": "FTSEMIB.MI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.474,
    "architecture_energy": 75.56,
    "architecture_maturity": 47.136,
    "architecture_confidence": 80.942,
    "architecture_tenure": "Established",
    "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": 3.85,
        "rotation_up": 66.67,
        "upward_expansion": 88.79,
        "deceleration": 52.1,
        "rotation_down": 25.81,
        "downward_expansion": 13.13
      },
      "activity_lines": [
        19.159466,
        19.039636,
        18.575847,
        18.212994
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 19.469999,
    "trend_reference": 17.828867,
    "distance_from_trend": 0.092049,
    "trend_direction": "Improving",
    "fair_value": 15.273756,
    "distance_from_fair_value": 0.274735,
    "fair_value_direction": "Improving",
    "relative_strength": -3.109468,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.123356,
    "excess_performance": -0.047536,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.092049,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.044048,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.274735,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.097623,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.031095,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047001,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.123356,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.210447,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 60235,
      "relative_activity": 7.285625,
      "balance": 6.210447,
      "dry_up": 2.436877,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.016522,
      "annualized_volatility": 0.149067,
      "from_high_reference": -0.000513,
      "from_low_reference": 0.236504
    },
    "levels": {
      "trend_reference": 17.828867,
      "fair_value_reference": 15.273756,
      "structural_low": 16.216,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 36,
        "median_return": 0.003703,
        "positive_rate": 0.583333,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.003475,
        "regime_survival": 0.694444,
        "best_return": 0.058824,
        "worst_return": -0.146829,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.033261,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.024843,
        "regime_survival": 0.5,
        "best_return": 0.103552,
        "worst_return": -0.031441,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.054873,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.064671,
        "regime_survival": 0.5,
        "best_return": 0.100627,
        "worst_return": -0.150801,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.100003,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.106709,
        "regime_survival": 0.5,
        "best_return": 0.159599,
        "worst_return": -0.113974,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-29",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-12-06",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.001211,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-03-28",
        "tenure": "Established",
        "return": 0.037512,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.039955,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.059026,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.00704,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.022846,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": -0.002237,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.01403,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.008606,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.044318,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.005077,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.130137,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 12.424,
        "volume": 12557,
        "typical_volume": 50614.75,
        "trend": 12.812067,
        "fair_value": 12.086,
        "relative_strength": -6.947889,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.542439,
        "energy": 25.977627,
        "activity_lines": [
          12.713867,
          12.754291,
          12.783229,
          12.797957
        ]
      },
      {
        "date": "2023-08-25",
        "close": 12.488,
        "volume": 18767,
        "typical_volume": 51414.5,
        "trend": 12.804933,
        "fair_value": 12.101615,
        "relative_strength": -7.59725,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.658379,
        "energy": 45.005779,
        "activity_lines": [
          12.605733,
          12.704255,
          12.749924,
          12.777049
        ]
      },
      {
        "date": "2023-09-01",
        "close": 12.694,
        "volume": 20542,
        "typical_volume": 50364.85,
        "trend": 12.793467,
        "fair_value": 12.118551,
        "relative_strength": -7.255194,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.800317,
        "energy": 46.382665,
        "activity_lines": [
          12.5952,
          12.699855,
          12.737981,
          12.769892
        ]
      },
      {
        "date": "2023-09-08",
        "close": 12.492,
        "volume": 34556,
        "typical_volume": 49902.3,
        "trend": 12.784733,
        "fair_value": 12.134,
        "relative_strength": -7.105479,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.105067,
        "energy": 55.425802,
        "activity_lines": [
          12.550133,
          12.655055,
          12.708238,
          12.750443
        ]
      },
      {
        "date": "2023-09-15",
        "close": 12.636,
        "volume": 30905,
        "typical_volume": 49592.15,
        "trend": 12.7724,
        "fair_value": 12.150372,
        "relative_strength": -7.853838,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.216699,
        "energy": 41.285001,
        "activity_lines": [
          12.575333,
          12.643345,
          12.695324,
          12.740847
        ]
      },
      {
        "date": "2023-09-22",
        "close": 12.362,
        "volume": 553211,
        "typical_volume": 77167.25,
        "trend": 12.758333,
        "fair_value": 12.167564,
        "relative_strength": -8.577891,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.952015,
        "energy": 41.554407,
        "activity_lines": [
          12.513733,
          12.577709,
          12.658371,
          12.71437
        ]
      },
      {
        "date": "2023-09-29",
        "close": 12.226,
        "volume": 12030,
        "typical_volume": 74566.8,
        "trend": 12.732067,
        "fair_value": 12.182808,
        "relative_strength": -8.235259,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.452274,
        "energy": 57.847597,
        "activity_lines": [
          12.410933,
          12.496364,
          12.611714,
          12.680026
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.078,
        "volume": 35951,
        "typical_volume": 76145.05,
        "trend": 12.7104,
        "fair_value": 12.197103,
        "relative_strength": -7.663755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.025033,
        "energy": 72.187473,
        "activity_lines": [
          12.276267,
          12.400764,
          12.5546,
          12.637828
        ]
      },
      {
        "date": "2023-10-13",
        "close": 12.02,
        "volume": 17362,
        "typical_volume": 75373.55,
        "trend": 12.701933,
        "fair_value": 12.209321,
        "relative_strength": -9.186608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.297459,
        "energy": 81.500351,
        "activity_lines": [
          12.163333,
          12.314764,
          12.496657,
          12.593286
        ]
      },
      {
        "date": "2023-10-20",
        "close": 11.78,
        "volume": 11602,
        "typical_volume": 74562.45,
        "trend": 12.681133,
        "fair_value": 12.22,
        "relative_strength": -7.877132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.807178,
        "energy": 88.608249,
        "activity_lines": [
          12.001867,
          12.199782,
          12.41961,
          12.533806
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.646,
        "volume": 7587,
        "typical_volume": 73647.8,
        "trend": 12.6392,
        "fair_value": 12.229821,
        "relative_strength": -8.43244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.996319,
        "energy": 92.573261,
        "activity_lines": [
          11.8528,
          12.077236,
          12.333114,
          12.467024
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.834,
        "volume": 1,
        "typical_volume": 67375.95,
        "trend": 12.6052,
        "fair_value": 12.240846,
        "relative_strength": -11.187457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.454403,
        "energy": 86.460964,
        "activity_lines": [
          11.814133,
          12.003018,
          12.269429,
          12.415075
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.126,
        "volume": 23426,
        "typical_volume": 67853.45,
        "trend": 12.5762,
        "fair_value": 12.252141,
        "relative_strength": -8.200283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.527013,
        "energy": 68.886339,
        "activity_lines": [
          11.898933,
          11.993782,
          12.23881,
          12.384159
        ]
      },
      {
        "date": "2023-11-17",
        "close": 12.502,
        "volume": 16640,
        "typical_volume": 68384.15,
        "trend": 12.554733,
        "fair_value": 12.264513,
        "relative_strength": -8.296006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.896054,
        "energy": 31.56908,
        "activity_lines": [
          12.105867,
          12.063236,
          12.245743,
          12.379372
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.622,
        "volume": 29521,
        "typical_volume": 65378.1,
        "trend": 12.539867,
        "fair_value": 12.277654,
        "relative_strength": -6.96179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.072342,
        "energy": 21.179418,
        "activity_lines": [
          12.320667,
          12.154327,
          12.265867,
          12.383712
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.798,
        "volume": 3205,
        "typical_volume": 65129.6,
        "trend": 12.531667,
        "fair_value": 12.290718,
        "relative_strength": -6.963856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 27.815213,
        "energy": 39.530828,
        "activity_lines": [
          12.538,
          12.277673,
          12.301743,
          12.400366
        ]
      },
      {
        "date": "2023-12-08",
        "close": 12.962,
        "volume": 21452,
        "typical_volume": 50457.6,
        "trend": 12.530733,
        "fair_value": 12.304833,
        "relative_strength": -6.966265,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.413939,
        "energy": 53.502654,
        "activity_lines": [
          12.7332,
          12.422909,
          12.353524,
          12.428129
        ]
      },
      {
        "date": "2023-12-15",
        "close": 13.224,
        "volume": 40844,
        "typical_volume": 46777.45,
        "trend": 12.536067,
        "fair_value": 12.320372,
        "relative_strength": -4.752947,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.142653,
        "energy": 80.180999,
        "activity_lines": [
          12.940533,
          12.6024,
          12.430067,
          12.472856
        ]
      },
      {
        "date": "2023-12-22",
        "close": 13.17,
        "volume": 25309,
        "typical_volume": 46354.1,
        "trend": 12.548133,
        "fair_value": 12.335564,
        "relative_strength": -4.836241,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.551488,
        "energy": 79.931393,
        "activity_lines": [
          13.056667,
          12.751236,
          12.501286,
          12.513755
        ]
      },
      {
        "date": "2023-12-29",
        "close": 13.198,
        "volume": 32803,
        "typical_volume": 47413.55,
        "trend": 12.5722,
        "fair_value": 12.350936,
        "relative_strength": -4.397507,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.283236,
        "energy": 81.712129,
        "activity_lines": [
          13.1376,
          12.884255,
          12.573533,
          12.555682
        ]
      },
      {
        "date": "2024-01-05",
        "close": 13.026,
        "volume": 1289,
        "typical_volume": 46850.15,
        "trend": 12.583867,
        "fair_value": 12.365205,
        "relative_strength": -5.694238,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.108901,
        "energy": 87.499834,
        "activity_lines": [
          13.1228,
          12.960218,
          12.627048,
          12.584959
        ]
      },
      {
        "date": "2024-01-12",
        "close": 13.078,
        "volume": 9091,
        "typical_volume": 46366.35,
        "trend": 12.588533,
        "fair_value": 12.378167,
        "relative_strength": -5.15529,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.075419,
        "energy": 80.202665,
        "activity_lines": [
          13.110133,
          13.020545,
          12.682648,
          12.616839
        ]
      },
      {
        "date": "2024-01-19",
        "close": 12.98,
        "volume": 113278,
        "typical_volume": 51003.15,
        "trend": 12.6048,
        "fair_value": 12.390641,
        "relative_strength": -5.044879,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.819798,
        "energy": 59.333985,
        "activity_lines": [
          13.057067,
          13.040436,
          12.726105,
          12.642095
        ]
      },
      {
        "date": "2024-01-26",
        "close": 13.422,
        "volume": 6038,
        "typical_volume": 49577.25,
        "trend": 12.623133,
        "fair_value": 12.406705,
        "relative_strength": -1.956985,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.466162,
        "energy": 68.399761,
        "activity_lines": [
          13.1676,
          13.125164,
          12.810295,
          12.694817
        ]
      },
      {
        "date": "2024-02-02",
        "close": 13.29,
        "volume": 15865,
        "typical_volume": 48825.25,
        "trend": 12.652467,
        "fair_value": 12.421872,
        "relative_strength": -3.782642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.580688,
        "energy": 64.600779,
        "activity_lines": [
          13.217333,
          13.169164,
          12.877486,
          12.737841
        ]
      },
      {
        "date": "2024-02-09",
        "close": 13.342,
        "volume": 962449,
        "typical_volume": 69287.15,
        "trend": 12.6686,
        "fair_value": 12.435474,
        "relative_strength": -4.602975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.103972,
        "energy": 72.895391,
        "activity_lines": [
          13.278267,
          13.210473,
          12.946514,
          12.782327
        ]
      },
      {
        "date": "2024-02-16",
        "close": 13.326,
        "volume": 1934,
        "typical_volume": 68782.35,
        "trend": 12.682067,
        "fair_value": 12.448718,
        "relative_strength": -6.251307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.652973,
        "energy": 87.200541,
        "activity_lines": [
          13.3128,
          13.238982,
          13.009352,
          12.82474
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.734,
        "volume": 134,
        "typical_volume": 66991.5,
        "trend": 12.700333,
        "fair_value": 12.465449,
        "relative_strength": -6.027244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.832733,
        "energy": 95.075037,
        "activity_lines": [
          13.4668,
          13.335055,
          13.10581,
          12.892606
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.742,
        "volume": 1210,
        "typical_volume": 66183.9,
        "trend": 12.730867,
        "fair_value": 12.481692,
        "relative_strength": -6.434612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.222725,
        "energy": 95.107078,
        "activity_lines": [
          13.5732,
          13.423309,
          13.195143,
          12.959811
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.75,
        "volume": 37036,
        "typical_volume": 67455.6,
        "trend": 12.765733,
        "fair_value": 12.495821,
        "relative_strength": -7.478321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.128488,
        "energy": 93.068889,
        "activity_lines": [
          13.660933,
          13.502618,
          13.277038,
          13.025561
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.978,
        "volume": 77,
        "typical_volume": 67080.1,
        "trend": 12.817533,
        "fair_value": 12.511295,
        "relative_strength": -7.150259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.791377,
        "energy": 96.707929,
        "activity_lines": [
          13.794,
          13.613345,
          13.371267,
          13.103772
        ]
      },
      {
        "date": "2024-03-22",
        "close": 14.064,
        "volume": 104,
        "typical_volume": 67085.25,
        "trend": 12.870067,
        "fair_value": 12.527321,
        "relative_strength": -7.398661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.276741,
        "energy": 95.977877,
        "activity_lines": [
          13.913333,
          13.7224,
          13.462581,
          13.184189
        ]
      },
      {
        "date": "2024-03-29",
        "close": 14.096,
        "volume": 31700,
        "typical_volume": 67498.95,
        "trend": 12.9168,
        "fair_value": 12.543551,
        "relative_strength": -7.991143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.203644,
        "energy": 93.889978,
        "activity_lines": [
          13.994133,
          13.819345,
          13.546324,
          13.263282
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.824,
        "volume": 23424,
        "typical_volume": 67838.15,
        "trend": 12.9612,
        "fair_value": 12.556013,
        "relative_strength": -7.540279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.39195,
        "energy": 68.423589,
        "activity_lines": [
          13.960133,
          13.846545,
          13.594781,
          13.321811
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.804,
        "volume": 22800,
        "typical_volume": 67502.1,
        "trend": 13.000133,
        "fair_value": 12.567577,
        "relative_strength": -6.764373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.369621,
        "energy": 66.383868,
        "activity_lines": [
          13.914,
          13.8628,
          13.635038,
          13.376185
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.76,
        "volume": 15,
        "typical_volume": 67342.6,
        "trend": 13.046733,
        "fair_value": 12.578385,
        "relative_strength": -7.217089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.087596,
        "energy": 58.182586,
        "activity_lines": [
          13.8496,
          13.861709,
          13.665476,
          13.425209
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.986,
        "volume": 886,
        "typical_volume": 66314.3,
        "trend": 13.1054,
        "fair_value": 12.590526,
        "relative_strength": -6.290169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.325373,
        "energy": 58.609324,
        "activity_lines": [
          13.875067,
          13.894109,
          13.712857,
          13.485806
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.964,
        "volume": 1,
        "typical_volume": 64272.15,
        "trend": 13.168267,
        "fair_value": 12.602269,
        "relative_strength": -4.449617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.334238,
        "energy": 59.085654,
        "activity_lines": [
          13.8984,
          13.910509,
          13.753267,
          13.5412
        ]
      },
      {
        "date": "2024-05-10",
        "close": 14.42,
        "volume": 13373,
        "typical_volume": 63675.35,
        "trend": 13.248267,
        "fair_value": 12.616936,
        "relative_strength": -4.005835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.427587,
        "energy": 74.520782,
        "activity_lines": [
          14.082533,
          14.005636,
          13.833581,
          13.621957
        ]
      },
      {
        "date": "2024-05-17",
        "close": 14.726,
        "volume": 754,
        "typical_volume": 62072.9,
        "trend": 13.346467,
        "fair_value": 12.632628,
        "relative_strength": -3.772974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.134132,
        "energy": 93.206448,
        "activity_lines": [
          14.328933,
          14.144073,
          13.937086,
          13.717295
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.646,
        "volume": 25297,
        "typical_volume": 63273.3,
        "trend": 13.446467,
        "fair_value": 12.647641,
        "relative_strength": -1.536075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.979843,
        "energy": 95.502141,
        "activity_lines": [
          14.4872,
          14.250218,
          14.025695,
          13.801135
        ]
      },
      {
        "date": "2024-05-31",
        "close": 14.622,
        "volume": 106,
        "typical_volume": 62824.05,
        "trend": 13.5394,
        "fair_value": 12.6625,
        "relative_strength": -1.53787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.336302,
        "energy": 91.610343,
        "activity_lines": [
          14.5784,
          14.339855,
          14.104305,
          13.876976
        ]
      },
      {
        "date": "2024-06-07",
        "close": 14.718,
        "volume": 120,
        "typical_volume": 57166.15,
        "trend": 13.6258,
        "fair_value": 12.677974,
        "relative_strength": -1.186252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.187755,
        "energy": 92.144322,
        "activity_lines": [
          14.6592,
          14.4368,
          14.184705,
          13.953015
        ]
      },
      {
        "date": "2024-06-14",
        "close": 14.264,
        "volume": 437,
        "typical_volume": 56886.1,
        "trend": 13.684533,
        "fair_value": 12.688385,
        "relative_strength": 1.740573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.850973,
        "energy": 67.297716,
        "activity_lines": [
          14.5384,
          14.439891,
          14.21359,
          13.994189
        ]
      },
      {
        "date": "2024-06-21",
        "close": 14.264,
        "volume": 0,
        "typical_volume": 56092.85,
        "trend": 13.739267,
        "fair_value": 12.698692,
        "relative_strength": -0.088328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.987878,
        "energy": 58.026573,
        "activity_lines": [
          14.428,
          14.434982,
          14.238467,
          14.031574
        ]
      },
      {
        "date": "2024-06-28",
        "close": 14.312,
        "volume": 3679,
        "typical_volume": 8154.35,
        "trend": 13.789733,
        "fair_value": 12.709551,
        "relative_strength": 0.826355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.152066,
        "energy": 42.79057,
        "activity_lines": [
          14.3644,
          14.430436,
          14.263276,
          14.068525
        ]
      },
      {
        "date": "2024-07-05",
        "close": 14.324,
        "volume": 13,
        "typical_volume": 8058.3,
        "trend": 13.835133,
        "fair_value": 12.720115,
        "relative_strength": -1.453218,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.847429,
        "energy": 35.210997,
        "activity_lines": [
          14.327067,
          14.418036,
          14.28461,
          14.102994
        ]
      },
      {
        "date": "2024-07-12",
        "close": 14.394,
        "volume": 697,
        "typical_volume": 8086.45,
        "trend": 13.874133,
        "fair_value": 12.731205,
        "relative_strength": -2.52798,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.169288,
        "energy": 29.414832,
        "activity_lines": [
          14.332933,
          14.412218,
          14.307857,
          14.139049
        ]
      },
      {
        "date": "2024-07-19",
        "close": 14.224,
        "volume": 13,
        "typical_volume": 8026.6,
        "trend": 13.909267,
        "fair_value": 12.739603,
        "relative_strength": -2.51068,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.930838,
        "energy": 23.382636,
        "activity_lines": [
          14.303733,
          14.367673,
          14.311771,
          14.161622
        ]
      },
      {
        "date": "2024-07-26",
        "close": 14.224,
        "volume": 0,
        "typical_volume": 6174.8,
        "trend": 13.943467,
        "fair_value": 12.748179,
        "relative_strength": -1.228668,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.235426,
        "energy": 20.727622,
        "activity_lines": [
          14.2772,
          14.326691,
          14.31339,
          14.181927
        ]
      },
      {
        "date": "2024-08-02",
        "close": 14.192,
        "volume": 835,
        "typical_volume": 6212.7,
        "trend": 13.982333,
        "fair_value": 12.755282,
        "relative_strength": 4.093267,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.058593,
        "energy": 15.540787,
        "activity_lines": [
          14.242667,
          14.289018,
          14.309705,
          14.197961
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.932,
        "volume": 1373,
        "typical_volume": 6276.15,
        "trend": 14.0108,
        "fair_value": 12.758013,
        "relative_strength": 2.999159,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -20.225357,
        "energy": 29.48108,
        "activity_lines": [
          14.129467,
          14.212327,
          14.280238,
          14.194714
        ]
      },
      {
        "date": "2024-08-16",
        "close": 14.004,
        "volume": 2840,
        "typical_volume": 4833.15,
        "trend": 14.044933,
        "fair_value": 12.761205,
        "relative_strength": -0.30685,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -14.723133,
        "energy": 38.403187,
        "activity_lines": [
          14.0664,
          14.161273,
          14.258257,
          14.194275
        ]
      },
      {
        "date": "2024-08-23",
        "close": 14.55,
        "volume": 255,
        "typical_volume": 3674.7,
        "trend": 14.082533,
        "fair_value": 12.768731,
        "relative_strength": 1.752968,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.108061,
        "energy": 21.509414,
        "activity_lines": [
          14.211333,
          14.222473,
          14.288714,
          14.22686
        ]
      },
      {
        "date": "2024-08-30",
        "close": 14.758,
        "volume": 123,
        "typical_volume": 2540.85,
        "trend": 14.131467,
        "fair_value": 12.77759,
        "relative_strength": 1.099503,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.429185,
        "energy": 38.088626,
        "activity_lines": [
          14.403867,
          14.316291,
          14.335524,
          14.270439
        ]
      },
      {
        "date": "2024-09-06",
        "close": 14.676,
        "volume": 17,
        "typical_volume": 2540.95,
        "trend": 14.175933,
        "fair_value": 12.785923,
        "relative_strength": 3.81299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.125959,
        "energy": 66.533585,
        "activity_lines": [
          14.533467,
          14.386218,
          14.369981,
          14.30557
        ]
      },
      {
        "date": "2024-09-13",
        "close": 14.502,
        "volume": 111,
        "typical_volume": 2502.2,
        "trend": 14.215133,
        "fair_value": 12.79491,
        "relative_strength": 1.760048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.489789,
        "energy": 62.593289,
        "activity_lines": [
          14.5728,
          14.417891,
          14.383505,
          14.326606
        ]
      },
      {
        "date": "2024-09-20",
        "close": 14.794,
        "volume": 15,
        "typical_volume": 2502.9,
        "trend": 14.250467,
        "fair_value": 12.804526,
        "relative_strength": 3.186404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.761559,
        "energy": 83.113983,
        "activity_lines": [
          14.671467,
          14.499418,
          14.422381,
          14.363953
        ]
      },
      {
        "date": "2024-09-27",
        "close": 14.794,
        "volume": 0,
        "typical_volume": 1834.25,
        "trend": 14.285533,
        "fair_value": 12.817936,
        "relative_strength": 0.350296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.682014,
        "energy": 83.291036,
        "activity_lines": [
          14.717467,
          14.573673,
          14.457305,
          14.399019
        ]
      },
      {
        "date": "2024-10-04",
        "close": 14.784,
        "volume": 86,
        "typical_volume": 1800.85,
        "trend": 14.32,
        "fair_value": 12.831282,
        "relative_strength": 3.637434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.360978,
        "energy": 70.843713,
        "activity_lines": [
          14.743867,
          14.635745,
          14.489495,
          14.431178
        ]
      },
      {
        "date": "2024-10-11",
        "close": 14.784,
        "volume": 0,
        "typical_volume": 536.0,
        "trend": 14.346867,
        "fair_value": 12.844628,
        "relative_strength": 1.456522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.066027,
        "energy": 63.695779,
        "activity_lines": [
          14.768533,
          14.687636,
          14.52141,
          14.461114
        ]
      },
      {
        "date": "2024-10-18",
        "close": 14.784,
        "volume": 0,
        "typical_volume": 530.7,
        "trend": 14.370867,
        "fair_value": 12.855282,
        "relative_strength": -1.078011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.687798,
        "energy": 60.742806,
        "activity_lines": [
          14.786,
          14.728764,
          14.552667,
          14.489316
        ]
      },
      {
        "date": "2024-10-25",
        "close": 14.784,
        "volume": 0,
        "typical_volume": 524.7,
        "trend": 14.3938,
        "fair_value": 12.86509,
        "relative_strength": 0.147058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.419073,
        "energy": 52.200509,
        "activity_lines": [
          14.784667,
          14.7544,
          14.583152,
          14.51597
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.506,
        "volume": 13903,
        "typical_volume": 1198.0,
        "trend": 14.416533,
        "fair_value": 12.870513,
        "relative_strength": -1.477895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.776447,
        "energy": 30.96498,
        "activity_lines": [
          14.691333,
          14.715309,
          14.586848,
          14.523209
        ]
      },
      {
        "date": "2024-11-08",
        "close": 14.38,
        "volume": 7041,
        "typical_volume": 1550.05,
        "trend": 14.435733,
        "fair_value": 12.875269,
        "relative_strength": 0.148035,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 13.543092,
        "energy": 16.565252,
        "activity_lines": [
          14.5752,
          14.654109,
          14.57739,
          14.520852
        ]
      },
      {
        "date": "2024-11-15",
        "close": 14.392,
        "volume": 607,
        "typical_volume": 1396.45,
        "trend": 14.4568,
        "fair_value": 12.879449,
        "relative_strength": -0.854621,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.587493,
        "energy": 22.039179,
        "activity_lines": [
          14.49,
          14.601964,
          14.568524,
          14.51803
        ]
      },
      {
        "date": "2024-11-22",
        "close": 14.218,
        "volume": 280,
        "typical_volume": 1409.8,
        "trend": 14.464533,
        "fair_value": 12.882513,
        "relative_strength": 0.00469,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -45.55245,
        "energy": 48.97398,
        "activity_lines": [
          14.372933,
          14.523345,
          14.542705,
          14.502624
        ]
      },
      {
        "date": "2024-11-29",
        "close": 14.494,
        "volume": 6744,
        "typical_volume": 1712.15,
        "trend": 14.4822,
        "fair_value": 12.891872,
        "relative_strength": 2.161677,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.452191,
        "energy": 46.881825,
        "activity_lines": [
          14.3856,
          14.500073,
          14.543676,
          14.504525
        ]
      },
      {
        "date": "2024-12-06",
        "close": 14.864,
        "volume": 14790,
        "typical_volume": 2451.0,
        "trend": 14.497,
        "fair_value": 12.901423,
        "relative_strength": 0.738218,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 36.781892,
        "energy": 21.405079,
        "activity_lines": [
          14.540933,
          14.549527,
          14.57941,
          14.529157
        ]
      },
      {
        "date": "2024-12-13",
        "close": 14.846,
        "volume": 2696,
        "typical_volume": 2585.8,
        "trend": 14.501,
        "fair_value": 12.910859,
        "relative_strength": 0.260099,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 58.167369,
        "energy": 40.954312,
        "activity_lines": [
          14.6664,
          14.594436,
          14.610381,
          14.551673
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.822,
        "volume": 10,
        "typical_volume": 2544.55,
        "trend": 14.506867,
        "fair_value": 12.918962,
        "relative_strength": 3.403365,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.226849,
        "energy": 60.173076,
        "activity_lines": [
          14.7528,
          14.633855,
          14.636105,
          14.572383
        ]
      },
      {
        "date": "2024-12-27",
        "close": 14.65,
        "volume": 20,
        "typical_volume": 2476.9,
        "trend": 14.5078,
        "fair_value": 12.925051,
        "relative_strength": 1.049039,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.361863,
        "energy": 47.910874,
        "activity_lines": [
          14.7532,
          14.641309,
          14.642448,
          14.581617
        ]
      },
      {
        "date": "2025-01-03",
        "close": 14.716,
        "volume": 358,
        "typical_volume": 2352.8,
        "trend": 14.507733,
        "fair_value": 12.931179,
        "relative_strength": 1.58728,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.81873,
        "energy": 66.916485,
        "activity_lines": [
          14.7468,
          14.6632,
          14.651657,
          14.595049
        ]
      },
      {
        "date": "2025-01-10",
        "close": 14.762,
        "volume": 342,
        "typical_volume": 2357.15,
        "trend": 14.524333,
        "fair_value": 12.939077,
        "relative_strength": -0.85071,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.841532,
        "energy": 48.612722,
        "activity_lines": [
          14.740933,
          14.694691,
          14.661857,
          14.611454
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.852,
        "volume": 10,
        "typical_volume": 2351.5,
        "trend": 14.543933,
        "fair_value": 12.948974,
        "relative_strength": -3.402636,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.993659,
        "energy": 42.397925,
        "activity_lines": [
          14.771867,
          14.737891,
          14.679619,
          14.632594
        ]
      },
      {
        "date": "2025-01-24",
        "close": 15.262,
        "volume": 27019,
        "typical_volume": 3701.6,
        "trend": 14.5756,
        "fair_value": 12.9615,
        "relative_strength": -0.460945,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.505883,
        "energy": 72.903672,
        "activity_lines": [
          14.939067,
          14.847055,
          14.735981,
          14.67892
        ]
      },
      {
        "date": "2025-01-31",
        "close": 15.426,
        "volume": 54986,
        "typical_volume": 6445.35,
        "trend": 14.612333,
        "fair_value": 12.975077,
        "relative_strength": -0.094934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.149751,
        "energy": 94.93761,
        "activity_lines": [
          15.1316,
          14.970218,
          14.805171,
          14.733785
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.382,
        "volume": 151176,
        "typical_volume": 14003.4,
        "trend": 14.645267,
        "fair_value": 12.988372,
        "relative_strength": -1.891385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.43372,
        "energy": 92.920718,
        "activity_lines": [
          15.257733,
          15.063418,
          14.865771,
          14.783441
        ]
      },
      {
        "date": "2025-02-14",
        "close": 15.682,
        "volume": 23620,
        "typical_volume": 15184.4,
        "trend": 14.693867,
        "fair_value": 13.00359,
        "relative_strength": -2.374999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.452876,
        "energy": 96.509785,
        "activity_lines": [
          15.439467,
          15.195018,
          14.952143,
          14.850327
        ]
      },
      {
        "date": "2025-02-21",
        "close": 15.594,
        "volume": 307381,
        "typical_volume": 30549.15,
        "trend": 14.739533,
        "fair_value": 13.018244,
        "relative_strength": -3.980516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.541484,
        "energy": 91.099849,
        "activity_lines": [
          15.530533,
          15.295745,
          15.025905,
          14.9084
        ]
      },
      {
        "date": "2025-02-28",
        "close": 15.732,
        "volume": 31815,
        "typical_volume": 32139.9,
        "trend": 14.790867,
        "fair_value": 13.046308,
        "relative_strength": -3.672164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.717219,
        "energy": 91.562914,
        "activity_lines": [
          15.618133,
          15.407964,
          15.108952,
          14.97243
        ]
      },
      {
        "date": "2025-03-07",
        "close": 15.588,
        "volume": 2454,
        "typical_volume": 32262.6,
        "trend": 14.846067,
        "fair_value": 13.070692,
        "relative_strength": -4.366944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.228379,
        "energy": 85.461971,
        "activity_lines": [
          15.6264,
          15.477455,
          15.173771,
          15.023858
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.368,
        "volume": 7071,
        "typical_volume": 32616.15,
        "trend": 14.891533,
        "fair_value": 13.093667,
        "relative_strength": -5.806649,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.152835,
        "energy": 63.841312,
        "activity_lines": [
          15.550533,
          15.489891,
          15.21381,
          15.057531
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.558,
        "volume": 2530,
        "typical_volume": 32047.5,
        "trend": 14.925133,
        "fair_value": 13.114859,
        "relative_strength": -5.52569,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.295685,
        "energy": 57.378409,
        "activity_lines": [
          15.538933,
          15.525018,
          15.269162,
          15.100529
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.378,
        "volume": 123,
        "typical_volume": 31701.6,
        "trend": 14.9458,
        "fair_value": 13.13359,
        "relative_strength": -5.865565,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.815124,
        "energy": 42.481537,
        "activity_lines": [
          15.4756,
          15.512945,
          15.302362,
          15.129746
        ]
      },
      {
        "date": "2025-04-04",
        "close": 15.378,
        "volume": 0,
        "typical_volume": 31671.25,
        "trend": 14.9692,
        "fair_value": 13.152256,
        "relative_strength": 5.067118,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.426915,
        "energy": 32.458108,
        "activity_lines": [
          15.426667,
          15.491309,
          15.33081,
          15.15763
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.216,
        "volume": 7012,
        "typical_volume": 32007.85,
        "trend": 14.959667,
        "fair_value": 13.163474,
        "relative_strength": -1.139678,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -11.511044,
        "energy": 25.593347,
        "activity_lines": [
          15.014,
          15.256291,
          15.243895,
          15.109037
        ]
      },
      {
        "date": "2025-04-18",
        "close": 14.784,
        "volume": 390,
        "typical_volume": 31690.15,
        "trend": 14.959333,
        "fair_value": 13.178026,
        "relative_strength": -2.790679,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.763695,
        "energy": 35.324541,
        "activity_lines": [
          14.882133,
          15.146545,
          15.211086,
          15.097703
        ]
      },
      {
        "date": "2025-04-25",
        "close": 15.078,
        "volume": 1112,
        "typical_volume": 31006.25,
        "trend": 14.9688,
        "fair_value": 13.196718,
        "relative_strength": -4.468835,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.401328,
        "energy": 34.210966,
        "activity_lines": [
          14.8872,
          15.101127,
          15.204895,
          15.105359
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.614,
        "volume": 26,
        "typical_volume": 30872.75,
        "trend": 14.996467,
        "fair_value": 13.222128,
        "relative_strength": -3.567808,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.206024,
        "energy": 27.34518,
        "activity_lines": [
          15.102933,
          15.164145,
          15.248733,
          15.146985
        ]
      },
      {
        "date": "2025-05-09",
        "close": 15.702,
        "volume": 1490,
        "typical_volume": 30946.75,
        "trend": 15.027067,
        "fair_value": 13.247987,
        "relative_strength": -5.516785,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.090071,
        "energy": 32.374432,
        "activity_lines": [
          15.332267,
          15.2428,
          15.297295,
          15.192503
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.968,
        "volume": 8,
        "typical_volume": 30946.15,
        "trend": 15.066533,
        "fair_value": 13.275551,
        "relative_strength": -6.856818,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 76.550556,
        "energy": 65.212875,
        "activity_lines": [
          15.628667,
          15.370364,
          15.367,
          15.253209
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.908,
        "volume": 7,
        "typical_volume": 30928.6,
        "trend": 15.104,
        "fair_value": 13.302731,
        "relative_strength": -4.336222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.21007,
        "energy": 78.2218,
        "activity_lines": [
          15.788267,
          15.480109,
          15.424714,
          15.307497
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.908,
        "volume": 0,
        "typical_volume": 30911.5,
        "trend": 15.150733,
        "fair_value": 13.328769,
        "relative_strength": -5.680068,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.712374,
        "energy": 82.012983,
        "activity_lines": [
          15.872933,
          15.580036,
          15.476752,
          15.359368
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.054001,
        "volume": 97,
        "typical_volume": 30915.85,
        "trend": 15.206533,
        "fair_value": 13.358462,
        "relative_strength": -5.89599,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.64908,
        "energy": 84.714268,
        "activity_lines": [
          15.950934,
          15.700146,
          15.537238,
          15.417643
        ]
      },
      {
        "date": "2025-06-13",
        "close": 16.115999,
        "volume": 11406,
        "typical_volume": 30135.2,
        "trend": 15.264,
        "fair_value": 13.391218,
        "relative_strength": -2.621875,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.982808,
        "energy": 84.80285,
        "activity_lines": [
          16.020267,
          15.819236,
          15.597905,
          15.476318
        ]
      },
      {
        "date": "2025-06-20",
        "close": 15.706,
        "volume": 2231,
        "typical_volume": 27497.45,
        "trend": 15.3136,
        "fair_value": 13.420423,
        "relative_strength": -4.473989,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.935787,
        "energy": 53.235938,
        "activity_lines": [
          15.925333,
          15.850364,
          15.615457,
          15.504834
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.882,
        "volume": 12306,
        "typical_volume": 20553.95,
        "trend": 15.359867,
        "fair_value": 13.45141,
        "relative_strength": -4.505103,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.738242,
        "energy": 47.291594,
        "activity_lines": [
          15.906533,
          15.8864,
          15.648438,
          15.541505
        ]
      },
      {
        "date": "2025-07-04",
        "close": 15.874,
        "volume": 6036,
        "typical_volume": 19674.75,
        "trend": 15.393533,
        "fair_value": 13.481,
        "relative_strength": -4.172507,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.425605,
        "energy": 36.531056,
        "activity_lines": [
          15.8868,
          15.901018,
          15.678276,
          15.574675
        ]
      },
      {
        "date": "2025-07-11",
        "close": 16.153999,
        "volume": 2650,
        "typical_volume": 4438.2,
        "trend": 15.437133,
        "fair_value": 13.512385,
        "relative_strength": -3.533294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.289339,
        "energy": 51.321492,
        "activity_lines": [
          15.962666,
          15.952073,
          15.733867,
          15.623738
        ]
      },
      {
        "date": "2025-07-18",
        "close": 15.988,
        "volume": 5149,
        "typical_volume": 3104.9,
        "trend": 15.476,
        "fair_value": 13.540205,
        "relative_strength": -4.995256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.047935,
        "energy": 59.788216,
        "activity_lines": [
          15.976533,
          15.963127,
          15.770981,
          15.659277
        ]
      },
      {
        "date": "2025-07-25",
        "close": 16.104,
        "volume": 9826,
        "typical_volume": 3473.5,
        "trend": 15.524467,
        "fair_value": 13.569282,
        "relative_strength": -5.1684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.645843,
        "energy": 76.85934,
        "activity_lines": [
          16.0376,
          15.990073,
          15.817924,
          15.699793
        ]
      },
      {
        "date": "2025-08-01",
        "close": 15.69,
        "volume": 2811,
        "typical_volume": 3260.5,
        "trend": 15.556933,
        "fair_value": 13.593551,
        "relative_strength": -5.575532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.541479,
        "energy": 50.961469,
        "activity_lines": [
          15.934133,
          15.939273,
          15.822981,
          15.710473
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.02,
        "volume": 6702,
        "typical_volume": 3469.1,
        "trend": 15.598867,
        "fair_value": 13.618846,
        "relative_strength": -7.253798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.436508,
        "energy": 40.929718,
        "activity_lines": [
          15.953467,
          15.952436,
          15.857933,
          15.740348
        ]
      },
      {
        "date": "2025-08-15",
        "close": 16.02,
        "volume": 0,
        "typical_volume": 3462.95,
        "trend": 15.6378,
        "fair_value": 13.644179,
        "relative_strength": -9.290559,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.338522,
        "energy": 38.64553,
        "activity_lines": [
          15.963067,
          15.963564,
          15.890686,
          15.767518
        ]
      },
      {
        "date": "2025-08-22",
        "close": 16.386,
        "volume": 1432,
        "typical_volume": 3534.55,
        "trend": 15.675267,
        "fair_value": 13.673782,
        "relative_strength": -8.393533,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 85.017391,
        "energy": 56.764126,
        "activity_lines": [
          16.1036,
          16.041854,
          15.955238,
          15.815789
        ]
      },
      {
        "date": "2025-08-29",
        "close": 16.09,
        "volume": 4378,
        "typical_volume": 3402.85,
        "trend": 15.6974,
        "fair_value": 13.70459,
        "relative_strength": -7.466598,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.427992,
        "energy": 49.737665,
        "activity_lines": [
          16.118933,
          16.061418,
          15.9868,
          15.842546
        ]
      },
      {
        "date": "2025-09-05",
        "close": 15.9,
        "volume": 24527,
        "typical_volume": 4609.7,
        "trend": 15.714667,
        "fair_value": 13.733333,
        "relative_strength": -7.01232,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.0995,
        "energy": 40.901589,
        "activity_lines": [
          16.071867,
          16.039455,
          15.991343,
          15.855617
        ]
      },
      {
        "date": "2025-09-12",
        "close": 16.094,
        "volume": 29134,
        "typical_volume": 6010.8,
        "trend": 15.7284,
        "fair_value": 13.761808,
        "relative_strength": -7.763344,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.179506,
        "energy": 39.71707,
        "activity_lines": [
          16.075467,
          16.052436,
          16.009048,
          15.88009
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16.177999,
        "volume": 9375,
        "typical_volume": 6478.25,
        "trend": 15.747867,
        "fair_value": 13.797333,
        "relative_strength": -6.48038,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.852931,
        "energy": 35.48161,
        "activity_lines": [
          16.102133,
          16.076691,
          16.029914,
          15.909097
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16.115999,
        "volume": 8213,
        "typical_volume": 6814.4,
        "trend": 15.760667,
        "fair_value": 13.83332,
        "relative_strength": -7.358785,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.702515,
        "energy": 30.703312,
        "activity_lines": [
          16.097599,
          16.089236,
          16.04219,
          15.932847
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.538,
        "volume": 34077,
        "typical_volume": 8517.85,
        "trend": 15.792333,
        "fair_value": 13.871385,
        "relative_strength": -6.021994,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.612822,
        "energy": 58.241489,
        "activity_lines": [
          16.251733,
          16.176182,
          16.092685,
          15.982998
        ]
      },
      {
        "date": "2025-10-10",
        "close": 16.608,
        "volume": 20698,
        "typical_volume": 9552.4,
        "trend": 15.833667,
        "fair_value": 13.909641,
        "relative_strength": -2.743149,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.429887,
        "energy": 80.051909,
        "activity_lines": [
          16.399333,
          16.267963,
          16.147133,
          16.035621
        ]
      },
      {
        "date": "2025-10-17",
        "close": 16.646,
        "volume": 7842,
        "typical_volume": 9944.5,
        "trend": 15.869933,
        "fair_value": 13.947308,
        "relative_strength": -1.744443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.690885,
        "energy": 84.132758,
        "activity_lines": [
          16.5124,
          16.349963,
          16.201866,
          16.08803
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16.766001,
        "volume": 3971,
        "typical_volume": 10138.2,
        "trend": 15.9162,
        "fair_value": 13.983218,
        "relative_strength": -2.59331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.253223,
        "energy": 89.112115,
        "activity_lines": [
          16.628667,
          16.4424,
          16.264514,
          16.145841
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16.632,
        "volume": 8549,
        "typical_volume": 9995.35,
        "trend": 15.958,
        "fair_value": 14.017218,
        "relative_strength": -4.761939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.8669,
        "energy": 83.314075,
        "activity_lines": [
          16.661067,
          16.496909,
          16.311009,
          16.192021
        ]
      },
      {
        "date": "2025-11-07",
        "close": 16.450001,
        "volume": 1379,
        "typical_volume": 9952.75,
        "trend": 16.032467,
        "fair_value": 14.045667,
        "relative_strength": -5.050708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.721609,
        "energy": 61.666543,
        "activity_lines": [
          16.598401,
          16.513855,
          16.337714,
          16.223763
        ]
      },
      {
        "date": "2025-11-14",
        "close": 16.57,
        "volume": 4320,
        "typical_volume": 9553.45,
        "trend": 16.092,
        "fair_value": 14.074577,
        "relative_strength": -6.502149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.213928,
        "energy": 47.095085,
        "activity_lines": [
          16.5816,
          16.546073,
          16.372305,
          16.258443
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.054001,
        "volume": 2499,
        "typical_volume": 9376.6,
        "trend": 16.124533,
        "fair_value": 14.099449,
        "relative_strength": -6.367964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.929877,
        "energy": 13.949281,
        "activity_lines": [
          16.395334,
          16.472291,
          16.354476,
          16.255991
        ]
      },
      {
        "date": "2025-11-28",
        "close": 16.535999,
        "volume": 8167,
        "typical_volume": 9652.45,
        "trend": 16.155267,
        "fair_value": 14.127218,
        "relative_strength": -4.864375,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.861419,
        "energy": 22.138171,
        "activity_lines": [
          16.4092,
          16.486873,
          16.381695,
          16.282538
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.572001,
        "volume": 8973,
        "typical_volume": 9843.65,
        "trend": 16.184267,
        "fair_value": 14.155885,
        "relative_strength": -4.612737,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.308004,
        "energy": 20.621295,
        "activity_lines": [
          16.4504,
          16.501491,
          16.410524,
          16.309424
        ]
      },
      {
        "date": "2025-12-12",
        "close": 16.59,
        "volume": 305,
        "typical_volume": 9367.6,
        "trend": 16.205,
        "fair_value": 14.187038,
        "relative_strength": -4.483624,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.570282,
        "energy": 22.288506,
        "activity_lines": [
          16.5016,
          16.511091,
          16.438286,
          16.3356
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.768,
        "volume": 3517,
        "typical_volume": 9402.9,
        "trend": 16.233667,
        "fair_value": 14.218936,
        "relative_strength": -5.850271,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 69.914072,
        "energy": 51.12998,
        "activity_lines": [
          16.6028,
          16.552109,
          16.480686,
          16.371923
        ]
      },
      {
        "date": "2025-12-26",
        "close": 16.732,
        "volume": 3882,
        "typical_volume": 9261.9,
        "trend": 16.261133,
        "fair_value": 14.251321,
        "relative_strength": -5.488857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.915125,
        "energy": 61.357216,
        "activity_lines": [
          16.6788,
          16.583673,
          16.514524,
          16.404073
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.936001,
        "volume": 1936,
        "typical_volume": 9358.7,
        "trend": 16.290533,
        "fair_value": 14.281705,
        "relative_strength": -5.688837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.061482,
        "energy": 76.686619,
        "activity_lines": [
          16.7776,
          16.650764,
          16.5644,
          16.447613
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.118,
        "volume": 27,
        "typical_volume": 9288.45,
        "trend": 16.323933,
        "fair_value": 14.309987,
        "relative_strength": -5.181482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.167317,
        "energy": 84.537072,
        "activity_lines": [
          16.9104,
          16.747855,
          16.627248,
          16.500998
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17.344,
        "volume": 12615,
        "typical_volume": 9700.3,
        "trend": 16.378533,
        "fair_value": 14.340526,
        "relative_strength": -3.955404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.578491,
        "energy": 91.280524,
        "activity_lines": [
          17.082134,
          16.8772,
          16.708134,
          16.566809
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17.072001,
        "volume": 8167,
        "typical_volume": 8882.3,
        "trend": 16.4182,
        "fair_value": 14.368538,
        "relative_strength": -3.227856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.456695,
        "energy": 81.314772,
        "activity_lines": [
          17.112934,
          16.940837,
          16.757143,
          16.611549
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.072001,
        "volume": 0,
        "typical_volume": 7425.6,
        "trend": 16.458133,
        "fair_value": 14.394397,
        "relative_strength": -4.481227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.23121,
        "energy": 78.935821,
        "activity_lines": [
          17.123467,
          16.995346,
          16.800572,
          16.653729
        ]
      },
      {
        "date": "2026-02-06",
        "close": 17.332001,
        "volume": 39,
        "typical_volume": 6958.8,
        "trend": 16.4974,
        "fair_value": 14.423744,
        "relative_strength": -3.590134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.929966,
        "energy": 80.686641,
        "activity_lines": [
          17.198001,
          17.078619,
          16.864105,
          16.710108
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.516001,
        "volume": 6,
        "typical_volume": 6548.45,
        "trend": 16.548334,
        "fair_value": 14.452654,
        "relative_strength": -1.477774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.516452,
        "energy": 83.465879,
        "activity_lines": [
          17.307468,
          17.180873,
          16.939667,
          16.775824
        ]
      },
      {
        "date": "2026-02-20",
        "close": 17.868,
        "volume": 31,
        "typical_volume": 4846.15,
        "trend": 16.607134,
        "fair_value": 14.485244,
        "relative_strength": -1.647922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.670319,
        "energy": 96.712049,
        "activity_lines": [
          17.507734,
          17.329964,
          17.042086,
          16.860964
        ]
      },
      {
        "date": "2026-02-27",
        "close": 18.098,
        "volume": 5575,
        "typical_volume": 4090.0,
        "trend": 16.6874,
        "fair_value": 14.517833,
        "relative_strength": -1.822922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.624351,
        "energy": 97.986091,
        "activity_lines": [
          17.749734,
          17.497637,
          17.160077,
          16.957149
        ]
      },
      {
        "date": "2026-03-06",
        "close": 17.077999,
        "volume": 12567,
        "typical_volume": 4326.25,
        "trend": 16.722667,
        "fair_value": 14.545718,
        "relative_strength": -0.856057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.395979,
        "energy": 82.900225,
        "activity_lines": [
          17.583333,
          17.455673,
          17.173829,
          16.982349
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.875999,
        "volume": 7856,
        "typical_volume": 4520.5,
        "trend": 16.7512,
        "fair_value": 14.575218,
        "relative_strength": -2.312771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.848438,
        "energy": 42.428793,
        "activity_lines": [
          17.349199,
          17.370691,
          17.166286,
          16.992241
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.156,
        "volume": 41,
        "typical_volume": 4095.1,
        "trend": 16.743533,
        "fair_value": 14.599269,
        "relative_strength": -3.156052,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -6.488244,
        "energy": 23.001406,
        "activity_lines": [
          16.905466,
          17.155891,
          17.089648,
          16.953841
        ]
      },
      {
        "date": "2026-03-27",
        "close": 16.516001,
        "volume": 303,
        "typical_volume": 4041.3,
        "trend": 16.757734,
        "fair_value": 14.622423,
        "relative_strength": -2.147533,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.111807,
        "energy": 43.100961,
        "activity_lines": [
          16.6724,
          17.024036,
          17.049562,
          16.939162
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16.872,
        "volume": 223,
        "typical_volume": 3836.45,
        "trend": 16.790133,
        "fair_value": 14.64818,
        "relative_strength": -4.610197,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.320742,
        "energy": 39.033556,
        "activity_lines": [
          16.648133,
          16.971964,
          17.043067,
          16.946534
        ]
      },
      {
        "date": "2026-04-10",
        "close": 17.332001,
        "volume": 4068,
        "typical_volume": 3914.9,
        "trend": 16.8314,
        "fair_value": 14.675974,
        "relative_strength": -5.842074,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.968441,
        "energy": 27.652954,
        "activity_lines": [
          16.858934,
          17.007164,
          17.078943,
          16.981493
        ]
      },
      {
        "date": "2026-04-17",
        "close": 17.52,
        "volume": 4325,
        "typical_volume": 3722.8,
        "trend": 16.876134,
        "fair_value": 14.704013,
        "relative_strength": -7.032543,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.664872,
        "energy": 24.533035,
        "activity_lines": [
          17.115467,
          17.071818,
          17.126638,
          17.025919
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17.42,
        "volume": 3506,
        "typical_volume": 3449.45,
        "trend": 16.9196,
        "fair_value": 14.73191,
        "relative_strength": -5.029539,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.228243,
        "energy": 38.401946,
        "activity_lines": [
          17.295734,
          17.114873,
          17.160124,
          17.061007
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.228001,
        "volume": 7584,
        "typical_volume": 3813.4,
        "trend": 16.9426,
        "fair_value": 14.758731,
        "relative_strength": -6.991164,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.961388,
        "energy": 36.69552,
        "activity_lines": [
          17.327734,
          17.124764,
          17.171286,
          17.080904
        ]
      },
      {
        "date": "2026-05-08",
        "close": 17.406,
        "volume": 17108,
        "typical_volume": 4492.95,
        "trend": 16.9692,
        "fair_value": 14.787038,
        "relative_strength": -7.809534,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.631833,
        "energy": 35.085694,
        "activity_lines": [
          17.3716,
          17.178655,
          17.196362,
          17.1108
        ]
      },
      {
        "date": "2026-05-15",
        "close": 17.294001,
        "volume": 3037,
        "typical_volume": 4450.7,
        "trend": 16.9908,
        "fair_value": 14.814154,
        "relative_strength": -7.890243,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.143806,
        "energy": 38.826717,
        "activity_lines": [
          17.342534,
          17.224764,
          17.207734,
          17.131755
        ]
      },
      {
        "date": "2026-05-22",
        "close": 17.91,
        "volume": 11933,
        "typical_volume": 4950.55,
        "trend": 17.028934,
        "fair_value": 14.846859,
        "relative_strength": -5.173606,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.976727,
        "energy": 44.25333,
        "activity_lines": [
          17.521334,
          17.378946,
          17.275096,
          17.191058
        ]
      },
      {
        "date": "2026-05-29",
        "close": 18.063999,
        "volume": 12026,
        "typical_volume": 5550.5,
        "trend": 17.076667,
        "fair_value": 14.88268,
        "relative_strength": -5.192431,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.828124,
        "energy": 62.688704,
        "activity_lines": [
          17.725467,
          17.542327,
          17.352486,
          17.257837
        ]
      },
      {
        "date": "2026-06-05",
        "close": 18.063999,
        "volume": 9105,
        "typical_volume": 5375.0,
        "trend": 17.130467,
        "fair_value": 14.917218,
        "relative_strength": -4.758413,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.908042,
        "energy": 74.261291,
        "activity_lines": [
          17.886666,
          17.671018,
          17.425371,
          17.321536
        ]
      },
      {
        "date": "2026-06-12",
        "close": 18.562,
        "volume": 7262,
        "typical_volume": 5329.75,
        "trend": 17.196867,
        "fair_value": 14.953269,
        "relative_strength": -4.949357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.62453,
        "energy": 87.571885,
        "activity_lines": [
          18.158133,
          17.862109,
          17.542257,
          17.413893
        ]
      },
      {
        "date": "2026-06-19",
        "close": 18.962,
        "volume": 0,
        "typical_volume": 5329.75,
        "trend": 17.2938,
        "fair_value": 14.994744,
        "relative_strength": -5.185303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.839928,
        "energy": 95.122082,
        "activity_lines": [
          18.485866,
          18.0952,
          17.690143,
          17.527772
        ]
      },
      {
        "date": "2026-06-26",
        "close": 18.806,
        "volume": 0,
        "typical_volume": 5327.8,
        "trend": 17.369467,
        "fair_value": 15.032782,
        "relative_strength": -2.898034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.645488,
        "energy": 91.460459,
        "activity_lines": [
          18.6504,
          18.270291,
          17.814171,
          17.625333
        ]
      },
      {
        "date": "2026-07-03",
        "close": 19.08,
        "volume": 0,
        "typical_volume": 5327.5,
        "trend": 17.453067,
        "fair_value": 15.075538,
        "relative_strength": -4.18959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.642752,
        "energy": 93.644668,
        "activity_lines": [
          18.846533,
          18.471818,
          17.957276,
          17.73569
        ]
      },
      {
        "date": "2026-07-10",
        "close": 18.898001,
        "volume": 4284,
        "typical_volume": 5540.15,
        "trend": 17.53,
        "fair_value": 15.114256,
        "relative_strength": -4.520047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.180378,
        "energy": 87.848071,
        "activity_lines": [
          18.914267,
          18.610073,
          18.0756,
          17.828912
        ]
      },
      {
        "date": "2026-07-17",
        "close": 19.018,
        "volume": 3403,
        "typical_volume": 5431.55,
        "trend": 17.605,
        "fair_value": 15.153333,
        "relative_strength": -2.408204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.247718,
        "energy": 84.549646,
        "activity_lines": [
          18.9664,
          18.739782,
          18.200448,
          17.924912
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.02,
        "volume": 7750,
        "typical_volume": 5190.7,
        "trend": 17.681267,
        "fair_value": 15.190731,
        "relative_strength": -2.105589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.667397,
        "energy": 72.853751,
        "activity_lines": [
          18.9888,
          18.840546,
          18.321105,
          18.016202
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.011999,
        "volume": 9201,
        "typical_volume": 5257.95,
        "trend": 17.750467,
        "fair_value": 15.230385,
        "relative_strength": -2.700883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.434243,
        "energy": 65.19415,
        "activity_lines": [
          19.004666,
          18.908473,
          18.431752,
          18.102056
        ]
      },
      {
        "date": "2026-08-07",
        "close": 19.469999,
        "volume": 60235,
        "typical_volume": 8267.65,
        "trend": 17.828867,
        "fair_value": 15.273756,
        "relative_strength": -3.109468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.473862,
        "energy": 75.559896,
        "activity_lines": [
          19.159466,
          19.039636,
          18.575847,
          18.212994
        ]
      }
    ],
    "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."
    }
  }
}