{
  "ticker": {
    "uuid": "9ffc28f9-5dfe-41b8-a124-13186e43de54",
    "symbol": "EXPD",
    "name": "Expeditors International of Washington, Inc.",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 74.204,
    "architecture_energy": 66.741,
    "architecture_maturity": 35.068,
    "architecture_confidence": 80.783,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 6.1,
        "rotation_up": 72.27,
        "upward_expansion": 87.73,
        "deceleration": 48.78,
        "rotation_down": 14.5,
        "downward_expansion": 12.07
      },
      "activity_lines": [
        175.242,
        172.193455,
        165.625196,
        160.93681
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 178.71,
    "trend_reference": 156.990426,
    "distance_from_trend": 0.13835,
    "trend_direction": "Improving",
    "fair_value": 125.757291,
    "distance_from_fair_value": 0.421071,
    "fair_value_direction": "Improving",
    "relative_strength": 9.208745,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.088309,
    "excess_performance": -0.037316,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.13835,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.048715,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.421071,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.137511,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.092087,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047596,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.088309,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.417358,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8481435,
      "relative_activity": 1.464011,
      "balance": 1.417358,
      "dry_up": 1.202512,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.050115,
      "annualized_volatility": 0.315726,
      "from_high_reference": -0.048073,
      "from_low_reference": 0.598645
    },
    "levels": {
      "trend_reference": 156.990426,
      "fair_value_reference": 125.757291,
      "structural_low": 128.937377,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.002292,
        "positive_rate": 0.55,
        "directional_follow_through": 0.55,
        "median_excess_return": -0.010646,
        "regime_survival": 0.6,
        "best_return": 0.133152,
        "worst_return": -0.111502,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.01385,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.044812,
        "regime_survival": 0.444444,
        "best_return": 0.193218,
        "worst_return": -0.212986,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.027899,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.064322,
        "regime_survival": 0.5,
        "best_return": 0.30913,
        "worst_return": -0.236292,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.113485,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.139524,
        "regime_survival": 0.0,
        "best_return": 0.160369,
        "worst_return": -0.234383,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-04-26",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.0406,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-24",
        "end": "2024-06-14",
        "tenure": "New",
        "return": 0.052332,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-06-21",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": -0.049201,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": -0.096876,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.135164,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.053582,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": -0.031321,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.038221,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.06675,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.057407,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-11-07",
        "tenure": "New",
        "return": 0.146014,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2026-02-20",
        "tenure": "Established",
        "return": 0.135109,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-27",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": 0.071847,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-22",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.133358,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 111.856544,
        "volume": 4379702,
        "typical_volume": 5376086.7,
        "trend": 109.969021,
        "fair_value": 103.104122,
        "relative_strength": -1.167118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.069388,
        "energy": 24.79273,
        "activity_lines": [
          115.725121,
          116.498205,
          114.65454,
          112.467985
        ]
      },
      {
        "date": "2023-08-25",
        "close": 110.398343,
        "volume": 3427932,
        "typical_volume": 5307603.3,
        "trend": 110.203029,
        "fair_value": 103.279621,
        "relative_strength": -3.223945,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.719514,
        "energy": 19.194431,
        "activity_lines": [
          113.346291,
          115.440153,
          114.454375,
          112.495683
        ]
      },
      {
        "date": "2023-09-01",
        "close": 112.37802,
        "volume": 4717923,
        "typical_volume": 5302658.7,
        "trend": 110.205201,
        "fair_value": 103.474276,
        "relative_strength": -3.92148,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.243849,
        "energy": 24.811043,
        "activity_lines": [
          112.298833,
          114.82123,
          114.39849,
          112.636005
        ]
      },
      {
        "date": "2023-09-08",
        "close": 110.794279,
        "volume": 4634426,
        "typical_volume": 5361856.85,
        "trend": 110.31677,
        "fair_value": 103.643451,
        "relative_strength": -4.083774,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.567053,
        "energy": 19.182932,
        "activity_lines": [
          111.423269,
          113.880642,
          114.166966,
          112.674011
        ]
      },
      {
        "date": "2023-09-15",
        "close": 114.37701,
        "volume": 7119549,
        "typical_volume": 5394768.45,
        "trend": 110.565678,
        "fair_value": 103.829844,
        "relative_strength": -1.036182,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.402443,
        "energy": 15.908941,
        "activity_lines": [
          112.323297,
          113.703832,
          114.257427,
          112.935961
        ]
      },
      {
        "date": "2023-09-22",
        "close": 110.002408,
        "volume": 4800821,
        "typical_volume": 5198374.6,
        "trend": 110.803442,
        "fair_value": 103.994182,
        "relative_strength": -2.135472,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.547519,
        "energy": 11.33612,
        "activity_lines": [
          111.670487,
          112.739717,
          113.906851,
          112.899621
        ]
      },
      {
        "date": "2023-09-29",
        "close": 110.697709,
        "volume": 4300313,
        "typical_volume": 5078216.4,
        "trend": 110.993686,
        "fair_value": 104.166989,
        "relative_strength": -0.980215,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.635805,
        "energy": 11.495627,
        "activity_lines": [
          111.373052,
          112.037041,
          113.636421,
          112.8928
        ]
      },
      {
        "date": "2023-10-06",
        "close": 110.668738,
        "volume": 5538376,
        "typical_volume": 5092874.85,
        "trend": 111.247264,
        "fair_value": 104.322784,
        "relative_strength": -1.620556,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.482961,
        "energy": 15.521477,
        "activity_lines": [
          111.046003,
          111.506787,
          113.352324,
          112.871836
        ]
      },
      {
        "date": "2023-10-13",
        "close": 112.455276,
        "volume": 4868905,
        "typical_volume": 5010988.5,
        "trend": 111.591103,
        "fair_value": 104.485063,
        "relative_strength": -0.60874,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -13.447539,
        "energy": 15.613399,
        "activity_lines": [
          111.428419,
          111.523291,
          113.23496,
          112.949772
        ]
      },
      {
        "date": "2023-10-20",
        "close": 111.248156,
        "volume": 8860309,
        "typical_volume": 5105432.45,
        "trend": 111.956764,
        "fair_value": 104.628167,
        "relative_strength": 0.5586,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -12.226064,
        "energy": 11.79289,
        "activity_lines": [
          111.297728,
          111.448669,
          112.995007,
          112.927646
        ]
      },
      {
        "date": "2023-10-27",
        "close": 104.053722,
        "volume": 6206650,
        "typical_volume": 5108725.75,
        "trend": 111.902509,
        "fair_value": 104.766048,
        "relative_strength": -3.604352,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -49.412271,
        "energy": 42.535816,
        "activity_lines": [
          108.977483,
          110.097046,
          112.064169,
          112.417773
        ]
      },
      {
        "date": "2023-11-03",
        "close": 109.07534,
        "volume": 6493605,
        "typical_volume": 5015378.15,
        "trend": 112.168233,
        "fair_value": 104.936419,
        "relative_strength": -4.579716,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.263133,
        "energy": 33.11774,
        "activity_lines": [
          108.72769,
          109.800314,
          111.646344,
          112.235375
        ]
      },
      {
        "date": "2023-11-10",
        "close": 111.39301,
        "volume": 7582983,
        "typical_volume": 5154673.6,
        "trend": 112.309036,
        "fair_value": 105.116437,
        "relative_strength": -3.724902,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.815715,
        "energy": 39.927192,
        "activity_lines": [
          109.358611,
          109.949032,
          111.47629,
          112.18536
        ]
      },
      {
        "date": "2023-11-17",
        "close": 114.898486,
        "volume": 6917133,
        "typical_volume": 5282584.65,
        "trend": 112.580445,
        "fair_value": 105.320124,
        "relative_strength": -2.787213,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.324196,
        "energy": 15.005205,
        "activity_lines": [
          111.109739,
          110.753017,
          111.635952,
          112.352421
        ]
      },
      {
        "date": "2023-11-24",
        "close": 114.077644,
        "volume": 4118209,
        "typical_volume": 5299677.05,
        "trend": 112.741319,
        "fair_value": 105.518728,
        "relative_strength": -4.289309,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.655462,
        "energy": 14.509392,
        "activity_lines": [
          112.424373,
          111.333137,
          111.727325,
          112.449015
        ]
      },
      {
        "date": "2023-12-01",
        "close": 116.635354,
        "volume": 10636051,
        "typical_volume": 5643897.9,
        "trend": 112.864929,
        "fair_value": 105.724005,
        "relative_strength": -2.791028,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.844971,
        "energy": 24.852576,
        "activity_lines": [
          114.402944,
          112.383738,
          112.06583,
          112.700243
        ]
      },
      {
        "date": "2023-12-08",
        "close": 116.907299,
        "volume": 7311193,
        "typical_volume": 5829058.35,
        "trend": 113.148275,
        "fair_value": 105.928434,
        "relative_strength": -2.700786,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.753845,
        "energy": 31.654414,
        "activity_lines": [
          115.633388,
          113.363184,
          112.434013,
          112.961041
        ]
      },
      {
        "date": "2023-12-15",
        "close": 120.869929,
        "volume": 8537885,
        "typical_volume": 6034958.3,
        "trend": 113.512206,
        "fair_value": 106.128695,
        "relative_strength": -1.6259,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.605701,
        "energy": 54.012993,
        "activity_lines": [
          117.662578,
          114.950207,
          113.196556,
          113.459212
        ]
      },
      {
        "date": "2023-12-22",
        "close": 125.201628,
        "volume": 6238102,
        "typical_volume": 6144561.35,
        "trend": 113.990456,
        "fair_value": 106.3613,
        "relative_strength": 1.035049,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 84.373946,
        "energy": 80.217375,
        "activity_lines": [
          120.503874,
          117.139336,
          114.381191,
          114.213369
        ]
      },
      {
        "date": "2023-12-29",
        "close": 123.54082,
        "volume": 2626007,
        "typical_volume": 5965803.7,
        "trend": 114.440127,
        "fair_value": 106.580428,
        "relative_strength": -0.61787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.290644,
        "energy": 78.90374,
        "activity_lines": [
          122.10469,
          118.794747,
          115.380573,
          114.829521
        ]
      },
      {
        "date": "2024-01-05",
        "close": 124.822847,
        "volume": 4293146,
        "typical_volume": 5961475.9,
        "trend": 114.889076,
        "fair_value": 106.81193,
        "relative_strength": 2.035743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.471332,
        "energy": 80.78041,
        "activity_lines": [
          123.50197,
          120.459752,
          116.451655,
          115.499374
        ]
      },
      {
        "date": "2024-01-12",
        "close": 123.016354,
        "volume": 5619957,
        "typical_volume": 6071077.15,
        "trend": 115.1645,
        "fair_value": 107.03926,
        "relative_strength": -1.228975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.028377,
        "energy": 73.663211,
        "activity_lines": [
          123.751254,
          121.418682,
          117.288945,
          116.023714
        ]
      },
      {
        "date": "2024-01-19",
        "close": 123.764203,
        "volume": 4867170,
        "typical_volume": 6078539.5,
        "trend": 115.605844,
        "fair_value": 107.26789,
        "relative_strength": -1.768427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.572665,
        "energy": 61.567689,
        "activity_lines": [
          123.842549,
          122.260112,
          118.137374,
          116.578534
        ]
      },
      {
        "date": "2024-01-26",
        "close": 126.192285,
        "volume": 4739100,
        "typical_volume": 6083773.2,
        "trend": 115.913096,
        "fair_value": 107.537681,
        "relative_strength": -0.865892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.888144,
        "energy": 60.069024,
        "activity_lines": [
          124.550254,
          123.318081,
          119.162829,
          117.26153
        ]
      },
      {
        "date": "2024-02-02",
        "close": 120.753381,
        "volume": 6681939,
        "typical_volume": 6061892.7,
        "trend": 116.110834,
        "fair_value": 107.752191,
        "relative_strength": -6.247499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.401863,
        "energy": 42.145123,
        "activity_lines": [
          123.378947,
          123.181817,
          119.596969,
          117.573807
        ]
      },
      {
        "date": "2024-02-09",
        "close": 123.696217,
        "volume": 4492075,
        "typical_volume": 6046455.4,
        "trend": 116.319755,
        "fair_value": 107.963462,
        "relative_strength": -5.131311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.950802,
        "energy": 37.994381,
        "activity_lines": [
          123.374415,
          123.459236,
          120.281015,
          118.063186
        ]
      },
      {
        "date": "2024-02-16",
        "close": 120.588272,
        "volume": 4543620,
        "typical_volume": 6058620.75,
        "trend": 116.323679,
        "fair_value": 108.173722,
        "relative_strength": -7.029431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.918359,
        "energy": 30.408469,
        "activity_lines": [
          122.40901,
          123.043195,
          120.603858,
          118.338574
        ]
      },
      {
        "date": "2024-02-23",
        "close": 116.693628,
        "volume": 6738119,
        "typical_volume": 6118607.9,
        "trend": 116.117628,
        "fair_value": 108.368651,
        "relative_strength": -11.288062,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.690755,
        "energy": 19.363352,
        "activity_lines": [
          120.307262,
          121.852111,
          120.508685,
          118.362442
        ]
      },
      {
        "date": "2024-03-01",
        "close": 117.169532,
        "volume": 7686869,
        "typical_volume": 6259506.1,
        "trend": 116.039462,
        "fair_value": 108.538266,
        "relative_strength": -11.563147,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.440953,
        "energy": 18.75259,
        "activity_lines": [
          118.83552,
          120.823487,
          120.430146,
          118.430307
        ]
      },
      {
        "date": "2024-03-08",
        "close": 117.771696,
        "volume": 6158299,
        "typical_volume": 6124405.6,
        "trend": 116.199938,
        "fair_value": 108.688312,
        "relative_strength": -10.63962,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.474711,
        "energy": 17.896126,
        "activity_lines": [
          118.166017,
          120.050385,
          120.386507,
          118.542064
        ]
      },
      {
        "date": "2024-03-15",
        "close": 116.41197,
        "volume": 7548403,
        "typical_volume": 6191493.25,
        "trend": 116.351785,
        "fair_value": 108.812419,
        "relative_strength": -11.373741,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.007471,
        "energy": 19.180798,
        "activity_lines": [
          117.242051,
          119.134954,
          120.182306,
          118.555743
        ]
      },
      {
        "date": "2024-03-22",
        "close": 118.189327,
        "volume": 4969641,
        "typical_volume": 6115295.05,
        "trend": 116.611485,
        "fair_value": 108.920817,
        "relative_strength": -11.785563,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.411229,
        "energy": 15.373731,
        "activity_lines": [
          117.396153,
          118.695604,
          120.088528,
          118.674295
        ]
      },
      {
        "date": "2024-03-29",
        "close": 118.072779,
        "volume": 4029683,
        "typical_volume": 5937630.05,
        "trend": 116.80131,
        "fair_value": 109.022687,
        "relative_strength": -11.947638,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.99278,
        "energy": 11.735691,
        "activity_lines": [
          117.671336,
          118.322827,
          119.94025,
          118.768572
        ]
      },
      {
        "date": "2024-04-05",
        "close": 113.974176,
        "volume": 4263122,
        "typical_volume": 5804929.5,
        "trend": 116.907307,
        "fair_value": 109.09732,
        "relative_strength": -14.044602,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.47117,
        "energy": 27.416787,
        "activity_lines": [
          116.488374,
          117.30833,
          119.369821,
          118.586176
        ]
      },
      {
        "date": "2024-04-12",
        "close": 114.265546,
        "volume": 5043367,
        "typical_volume": 5851187.4,
        "trend": 116.903591,
        "fair_value": 109.159908,
        "relative_strength": -12.282799,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.222809,
        "energy": 24.410881,
        "activity_lines": [
          115.61556,
          116.568957,
          118.831543,
          118.41574
        ]
      },
      {
        "date": "2024-04-19",
        "close": 111.312998,
        "volume": 7702437,
        "typical_volume": 5704506.7,
        "trend": 116.947277,
        "fair_value": 109.205919,
        "relative_strength": -11.588589,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -42.776844,
        "energy": 45.50269,
        "activity_lines": [
          113.992306,
          115.410718,
          118.011175,
          118.055056
        ]
      },
      {
        "date": "2024-04-26",
        "close": 110.040683,
        "volume": 6441190,
        "typical_volume": 5661006.55,
        "trend": 116.925377,
        "fair_value": 109.249677,
        "relative_strength": -14.528676,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.292871,
        "energy": 59.615958,
        "activity_lines": [
          112.284878,
          114.246298,
          117.094978,
          117.609469
        ]
      },
      {
        "date": "2024-05-03",
        "close": 111.652929,
        "volume": 8254706,
        "typical_volume": 5646847.6,
        "trend": 116.958183,
        "fair_value": 109.25071,
        "relative_strength": -13.400553,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.559503,
        "energy": 58.091665,
        "activity_lines": [
          111.658109,
          113.566788,
          116.365028,
          117.269312
        ]
      },
      {
        "date": "2024-05-10",
        "close": 114.925984,
        "volume": 7726583,
        "typical_volume": 5721271.65,
        "trend": 117.04054,
        "fair_value": 109.267064,
        "relative_strength": -12.184483,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.254718,
        "energy": 47.461881,
        "activity_lines": [
          112.550348,
          113.574028,
          115.990687,
          117.138202
        ]
      },
      {
        "date": "2024-05-17",
        "close": 114.508354,
        "volume": 4515811,
        "typical_volume": 5815761.85,
        "trend": 117.149213,
        "fair_value": 109.265805,
        "relative_strength": -13.594495,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -55.486373,
        "energy": 36.399714,
        "activity_lines": [
          113.239924,
          113.546127,
          115.625503,
          116.974835
        ]
      },
      {
        "date": "2024-05-24",
        "close": 114.566628,
        "volume": 5149163,
        "typical_volume": 5858562.7,
        "trend": 117.499643,
        "fair_value": 109.239745,
        "relative_strength": -13.206284,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.296499,
        "energy": 24.586777,
        "activity_lines": [
          113.932737,
          113.588155,
          115.308881,
          116.808217
        ]
      },
      {
        "date": "2024-05-31",
        "close": 117.422053,
        "volume": 10632200,
        "typical_volume": 6109174.85,
        "trend": 117.777867,
        "fair_value": 109.24161,
        "relative_strength": -10.429517,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.621858,
        "energy": 20.484149,
        "activity_lines": [
          115.360449,
          114.182903,
          115.313044,
          116.803211
        ]
      },
      {
        "date": "2024-06-07",
        "close": 122.594505,
        "volume": 7508581,
        "typical_volume": 6241245.4,
        "trend": 118.15125,
        "fair_value": 109.267192,
        "relative_strength": -7.408746,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 2.629448,
        "energy": 17.616941,
        "activity_lines": [
          118.020221,
          115.732047,
          115.83646,
          117.113962
        ]
      },
      {
        "date": "2024-06-14",
        "close": 120.562174,
        "volume": 5764909,
        "typical_volume": 6292535.85,
        "trend": 118.34004,
        "fair_value": 109.310362,
        "relative_strength": -10.123386,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 23.356001,
        "energy": 29.410997,
        "activity_lines": [
          119.273111,
          116.829463,
          116.171891,
          117.269505
        ]
      },
      {
        "date": "2024-06-21",
        "close": 123.522733,
        "volume": 9144371,
        "typical_volume": 6415657.45,
        "trend": 118.654876,
        "fair_value": 109.34135,
        "relative_strength": -8.277796,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 35.70304,
        "energy": 47.505728,
        "activity_lines": [
          121.137107,
          118.345381,
          116.81609,
          117.603873
        ]
      },
      {
        "date": "2024-06-28",
        "close": 121.930089,
        "volume": 7119191,
        "typical_volume": 6547013.25,
        "trend": 118.831367,
        "fair_value": 109.348516,
        "relative_strength": -9.104376,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.975878,
        "energy": 50.155137,
        "activity_lines": [
          121.869264,
          119.403414,
          117.295422,
          117.815177
        ]
      },
      {
        "date": "2024-07-05",
        "close": 120.620799,
        "volume": 3765223,
        "typical_volume": 6508093.4,
        "trend": 118.955151,
        "fair_value": 109.344869,
        "relative_strength": -11.437889,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.976198,
        "energy": 44.892845,
        "activity_lines": [
          121.674094,
          120.030357,
          117.658469,
          117.930624
        ]
      },
      {
        "date": "2024-07-12",
        "close": 117.142386,
        "volume": 6178105,
        "typical_volume": 6480092.7,
        "trend": 118.830899,
        "fair_value": 109.328604,
        "relative_strength": -14.439216,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 13.390138,
        "energy": 18.712047,
        "activity_lines": [
          120.106202,
          119.832495,
          117.690084,
          117.813671
        ]
      },
      {
        "date": "2024-07-19",
        "close": 117.445282,
        "volume": 10390170,
        "typical_volume": 6615257.75,
        "trend": 118.572354,
        "fair_value": 109.292743,
        "relative_strength": -12.110396,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 5.809602,
        "energy": 5.921455,
        "activity_lines": [
          119.002751,
          119.589898,
          117.748409,
          117.724277
        ]
      },
      {
        "date": "2024-07-26",
        "close": 121.334069,
        "volume": 5320183,
        "typical_volume": 6573351.95,
        "trend": 118.498796,
        "fair_value": 109.294575,
        "relative_strength": -8.079438,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.125764,
        "energy": 9.864231,
        "activity_lines": [
          119.403355,
          120.008546,
          118.175782,
          117.902452
        ]
      },
      {
        "date": "2024-08-02",
        "close": 120.308133,
        "volume": 4459734,
        "typical_volume": 6418918.5,
        "trend": 118.348305,
        "fair_value": 109.314093,
        "relative_strength": -6.545788,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.01753,
        "energy": 7.778629,
        "activity_lines": [
          119.607891,
          120.116558,
          118.488483,
          118.019183
        ]
      },
      {
        "date": "2024-08-09",
        "close": 116.35095,
        "volume": 7667859,
        "typical_volume": 6553829.4,
        "trend": 118.126125,
        "fair_value": 109.310241,
        "relative_strength": -9.35546,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.02652,
        "energy": 6.1363,
        "activity_lines": [
          118.601496,
          119.40069,
          118.405756,
          117.890322
        ]
      },
      {
        "date": "2024-08-16",
        "close": 117.30849,
        "volume": 4889440,
        "typical_volume": 6596817.25,
        "trend": 117.910935,
        "fair_value": 109.317851,
        "relative_strength": -11.784805,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.125683,
        "energy": 4.09714,
        "activity_lines": [
          118.198938,
          118.878395,
          118.422978,
          117.837571
        ]
      },
      {
        "date": "2024-08-23",
        "close": 120.229966,
        "volume": 3771234,
        "typical_volume": 6572222.85,
        "trend": 117.712191,
        "fair_value": 109.334871,
        "relative_strength": -10.554753,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.229741,
        "energy": 14.555064,
        "activity_lines": [
          118.759132,
          118.983387,
          118.722075,
          117.987186
        ]
      },
      {
        "date": "2024-08-30",
        "close": 120.581716,
        "volume": 3698907,
        "typical_volume": 6504999.85,
        "trend": 117.706469,
        "fair_value": 109.360197,
        "relative_strength": -10.260772,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.97108,
        "energy": 18.660113,
        "activity_lines": [
          119.25093,
          119.158373,
          119.024882,
          118.172316
        ]
      },
      {
        "date": "2024-09-06",
        "close": 118.226948,
        "volume": 3250248,
        "typical_volume": 6282390.4,
        "trend": 117.52416,
        "fair_value": 109.357177,
        "relative_strength": -7.968138,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.132535,
        "energy": 13.309397,
        "activity_lines": [
          119.007962,
          118.958693,
          119.073349,
          118.205896
        ]
      },
      {
        "date": "2024-09-13",
        "close": 118.011989,
        "volume": 4663666,
        "typical_volume": 6193514.2,
        "trend": 117.438284,
        "fair_value": 109.365001,
        "relative_strength": -11.310675,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.265231,
        "energy": 12.886285,
        "activity_lines": [
          118.832087,
          118.78726,
          119.06842,
          118.237369
        ]
      },
      {
        "date": "2024-09-20",
        "close": 120.356987,
        "volume": 5010716,
        "typical_volume": 6031314.7,
        "trend": 117.560396,
        "fair_value": 109.38211,
        "relative_strength": -10.473142,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.435014,
        "energy": 16.262391,
        "activity_lines": [
          119.327142,
          119.089622,
          119.248866,
          118.425672
        ]
      },
      {
        "date": "2024-09-27",
        "close": 125.975209,
        "volume": 4373194,
        "typical_volume": 5863645.25,
        "trend": 117.853918,
        "fair_value": 109.486841,
        "relative_strength": -6.502663,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.758403,
        "energy": 44.789924,
        "activity_lines": [
          121.491705,
          120.355033,
          119.922932,
          118.968563
        ]
      },
      {
        "date": "2024-10-04",
        "close": 117.679782,
        "volume": 5741448,
        "typical_volume": 5924927.1,
        "trend": 117.850854,
        "fair_value": 109.549711,
        "relative_strength": -12.491636,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.184784,
        "energy": 24.585722,
        "activity_lines": [
          120.508109,
          119.957094,
          119.754342,
          118.957329
        ]
      },
      {
        "date": "2024-10-11",
        "close": 120.200654,
        "volume": 5735809,
        "typical_volume": 5954259.4,
        "trend": 117.977144,
        "fair_value": 109.618031,
        "relative_strength": -11.222075,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.450184,
        "energy": 26.328557,
        "activity_lines": [
          120.558266,
          120.083937,
          119.810734,
          119.108929
        ]
      },
      {
        "date": "2024-10-18",
        "close": 117.738406,
        "volume": 4924495,
        "typical_volume": 5668874.15,
        "trend": 117.962113,
        "fair_value": 109.628397,
        "relative_strength": -13.312724,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.454304,
        "energy": 11.527361,
        "activity_lines": [
          119.656093,
          119.765053,
          119.605797,
          119.093526
        ]
      },
      {
        "date": "2024-10-25",
        "close": 117.093532,
        "volume": 4495007,
        "typical_volume": 5518195.45,
        "trend": 117.929472,
        "fair_value": 109.633238,
        "relative_strength": -12.566157,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.44266,
        "energy": 9.66096,
        "activity_lines": [
          118.557201,
          119.303692,
          119.337937,
          119.037489
        ]
      },
      {
        "date": "2024-11-01",
        "close": 116.331408,
        "volume": 5799349,
        "typical_volume": 5519917.45,
        "trend": 118.008046,
        "fair_value": 109.621637,
        "relative_strength": -11.546071,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.908342,
        "energy": 18.016852,
        "activity_lines": [
          117.421832,
          118.707672,
          119.023688,
          118.934388
        ]
      },
      {
        "date": "2024-11-08",
        "close": 117.30849,
        "volume": 9412479,
        "typical_volume": 5533322.85,
        "trend": 118.109478,
        "fair_value": 109.598088,
        "relative_strength": -14.421777,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.172535,
        "energy": 22.411029,
        "activity_lines": [
          117.255076,
          118.360186,
          118.822642,
          118.889255
        ]
      },
      {
        "date": "2024-11-15",
        "close": 117.406199,
        "volume": 5686222,
        "typical_volume": 5461674.4,
        "trend": 118.312584,
        "fair_value": 109.571475,
        "relative_strength": -12.1044,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.566536,
        "energy": 26.397952,
        "activity_lines": [
          117.145643,
          118.089978,
          118.660493,
          118.843882
        ]
      },
      {
        "date": "2024-11-22",
        "close": 118.539614,
        "volume": 5763997,
        "typical_volume": 5561613.1,
        "trend": 118.595882,
        "fair_value": 109.581774,
        "relative_strength": -12.304344,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.414873,
        "energy": 17.583952,
        "activity_lines": [
          117.600312,
          118.040769,
          118.62783,
          118.858529
        ]
      },
      {
        "date": "2024-11-29",
        "close": 118.85228,
        "volume": 3866110,
        "typical_volume": 5446013.35,
        "trend": 118.83586,
        "fair_value": 109.578891,
        "relative_strength": -12.654498,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.380152,
        "energy": 3.976194,
        "activity_lines": [
          118.105789,
          118.038815,
          118.634856,
          118.875071
        ]
      },
      {
        "date": "2024-12-06",
        "close": 117.246777,
        "volume": 4518658,
        "typical_volume": 5152437.75,
        "trend": 118.91322,
        "fair_value": 109.534044,
        "relative_strength": -14.10771,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.218674,
        "energy": 14.626152,
        "activity_lines": [
          117.958849,
          117.772309,
          118.480834,
          118.77255
        ]
      },
      {
        "date": "2024-12-13",
        "close": 116.489902,
        "volume": 4694588,
        "typical_volume": 5121158.0,
        "trend": 118.979272,
        "fair_value": 109.490911,
        "relative_strength": -13.657057,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.421865,
        "energy": 19.849438,
        "activity_lines": [
          117.498592,
          117.526889,
          118.255675,
          118.616207
        ]
      },
      {
        "date": "2024-12-20",
        "close": 109.579734,
        "volume": 6851390,
        "typical_volume": 5240740.8,
        "trend": 118.813042,
        "fair_value": 109.398436,
        "relative_strength": -16.670569,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -72.143127,
        "energy": 53.904462,
        "activity_lines": [
          114.789519,
          116.046708,
          117.395471,
          118.009785
        ]
      },
      {
        "date": "2024-12-27",
        "close": 109.520757,
        "volume": 2670090,
        "typical_volume": 4990852.35,
        "trend": 118.549665,
        "fair_value": 109.284124,
        "relative_strength": -16.685399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.32997,
        "energy": 69.73101,
        "activity_lines": [
          112.582551,
          114.748913,
          116.580738,
          117.410282
        ]
      },
      {
        "date": "2025-01-03",
        "close": 109.383143,
        "volume": 3139393,
        "typical_volume": 4903350.0,
        "trend": 118.109287,
        "fair_value": 109.206499,
        "relative_strength": -15.733565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.390153,
        "energy": 78.735045,
        "activity_lines": [
          110.930968,
          113.575508,
          115.785424,
          116.818894
        ]
      },
      {
        "date": "2025-01-10",
        "close": 107.230473,
        "volume": 5145372,
        "typical_volume": 4972056.9,
        "trend": 117.664897,
        "fair_value": 109.154102,
        "relative_strength": -15.190988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.257286,
        "energy": 84.26365,
        "activity_lines": [
          109.193105,
          112.150897,
          114.822833,
          116.117035
        ]
      },
      {
        "date": "2025-01-17",
        "close": 108.468996,
        "volume": 5896758,
        "typical_volume": 5081949.45,
        "trend": 117.163105,
        "fair_value": 109.143141,
        "relative_strength": -16.084624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.150773,
        "energy": 78.527589,
        "activity_lines": [
          108.535837,
          111.116945,
          114.0401,
          115.523751
        ]
      },
      {
        "date": "2025-01-24",
        "close": 111.063995,
        "volume": 3382770,
        "typical_volume": 5088575.55,
        "trend": 116.800902,
        "fair_value": 109.167539,
        "relative_strength": -14.943944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.083907,
        "energy": 63.571516,
        "activity_lines": [
          109.278295,
          110.715528,
          113.562188,
          115.13026
        ]
      },
      {
        "date": "2025-01-31",
        "close": 111.643938,
        "volume": 4479205,
        "typical_volume": 5079352.5,
        "trend": 116.501673,
        "fair_value": 109.21608,
        "relative_strength": -13.144789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.390265,
        "energy": 42.347418,
        "activity_lines": [
          110.115116,
          110.534868,
          113.173619,
          114.797553
        ]
      },
      {
        "date": "2025-02-07",
        "close": 108.508314,
        "volume": 4978420,
        "typical_volume": 5077737.7,
        "trend": 116.213871,
        "fair_value": 109.25984,
        "relative_strength": -14.905336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.611064,
        "energy": 43.71835,
        "activity_lines": [
          109.765185,
          109.909471,
          112.516743,
          114.281852
        ]
      },
      {
        "date": "2025-02-14",
        "close": 111.712744,
        "volume": 5009783,
        "typical_volume": 5109567.15,
        "trend": 116.022786,
        "fair_value": 109.330221,
        "relative_strength": -13.193524,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.480834,
        "energy": 28.783652,
        "activity_lines": [
          110.541718,
          110.054769,
          112.221473,
          113.991457
        ]
      },
      {
        "date": "2025-02-21",
        "close": 114.415868,
        "volume": 7625416,
        "typical_volume": 5203765.55,
        "trend": 115.79218,
        "fair_value": 109.423218,
        "relative_strength": -9.299518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.943711,
        "energy": 18.041183,
        "activity_lines": [
          111.920475,
          110.792163,
          112.251559,
          113.887785
        ]
      },
      {
        "date": "2025-02-28",
        "close": 115.359504,
        "volume": 9288890,
        "typical_volume": 5381419.6,
        "trend": 115.627225,
        "fair_value": 109.557705,
        "relative_strength": -7.349349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.1052,
        "energy": 15.002014,
        "activity_lines": [
          113.217319,
          111.738837,
          112.387059,
          113.85987
        ]
      },
      {
        "date": "2025-03-07",
        "close": 124.324047,
        "volume": 8598285,
        "typical_volume": 5565109.1,
        "trend": 115.892995,
        "fair_value": 109.749415,
        "relative_strength": 3.179469,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 41.088602,
        "energy": 37.357453,
        "activity_lines": [
          117.215977,
          114.210342,
          113.399377,
          114.420955
        ]
      },
      {
        "date": "2025-03-14",
        "close": 113.187176,
        "volume": 10618072,
        "typical_volume": 5871262.35,
        "trend": 115.755618,
        "fair_value": 109.825842,
        "relative_strength": -3.614409,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 12.597086,
        "energy": 23.30366,
        "activity_lines": [
          116.657004,
          114.38781,
          113.319681,
          114.246386
        ]
      },
      {
        "date": "2025-03-21",
        "close": 114.317573,
        "volume": 8572183,
        "typical_volume": 6009904.05,
        "trend": 115.558538,
        "fair_value": 109.933043,
        "relative_strength": -2.904581,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 13.593115,
        "energy": 21.144588,
        "activity_lines": [
          116.162906,
          114.70164,
          113.366243,
          114.153609
        ]
      },
      {
        "date": "2025-03-28",
        "close": 117.689106,
        "volume": 6267692,
        "typical_volume": 5852664.7,
        "trend": 115.462118,
        "fair_value": 110.079424,
        "relative_strength": 1.612938,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 19.828456,
        "energy": 23.234253,
        "activity_lines": [
          116.618997,
          115.49962,
          113.743494,
          114.291065
        ]
      },
      {
        "date": "2025-04-04",
        "close": 107.122348,
        "volume": 9610386,
        "typical_volume": 6048872.9,
        "trend": 115.091965,
        "fair_value": 110.171322,
        "relative_strength": 1.811298,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -46.00946,
        "energy": 22.983161,
        "activity_lines": [
          113.334619,
          114.208733,
          113.112574,
          113.753016
        ]
      },
      {
        "date": "2025-04-11",
        "close": 108.272405,
        "volume": 10088994,
        "typical_volume": 6265122.75,
        "trend": 114.767312,
        "fair_value": 110.277583,
        "relative_strength": -2.405265,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.77723,
        "energy": 26.938748,
        "activity_lines": [
          110.982737,
          113.198614,
          112.640154,
          113.313044
        ]
      },
      {
        "date": "2025-04-18",
        "close": 104.881213,
        "volume": 4833741,
        "typical_volume": 6313504.3,
        "trend": 114.251453,
        "fair_value": 110.34545,
        "relative_strength": -3.856842,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.999926,
        "energy": 42.485209,
        "activity_lines": [
          108.570568,
          111.633215,
          111.893655,
          112.675231
        ]
      },
      {
        "date": "2025-04-25",
        "close": 106.729167,
        "volume": 6813252,
        "typical_volume": 6428234.0,
        "trend": 113.609918,
        "fair_value": 110.42735,
        "relative_strength": -6.246804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.057413,
        "energy": 47.394654,
        "activity_lines": [
          107.328114,
          110.469754,
          111.38968,
          112.189922
        ]
      },
      {
        "date": "2025-05-02",
        "close": 110.670813,
        "volume": 5689178,
        "typical_volume": 6477963.5,
        "trend": 113.376286,
        "fair_value": 110.479927,
        "relative_strength": -5.321521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.568385,
        "energy": 47.874113,
        "activity_lines": [
          107.905435,
          110.113567,
          111.311184,
          112.000303
        ]
      },
      {
        "date": "2025-05-09",
        "close": 107.240303,
        "volume": 9142767,
        "typical_volume": 6592532.35,
        "trend": 112.944274,
        "fair_value": 110.488993,
        "relative_strength": -7.574813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.995768,
        "energy": 39.494315,
        "activity_lines": [
          107.80714,
          109.201743,
          110.933683,
          111.604433
        ]
      },
      {
        "date": "2025-05-16",
        "close": 116.31297,
        "volume": 8515342,
        "typical_volume": 6884794.95,
        "trend": 112.89676,
        "fair_value": 110.593604,
        "relative_strength": -4.585326,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.594229,
        "energy": 10.047047,
        "activity_lines": [
          110.725203,
          110.087117,
          111.431386,
          111.821768
        ]
      },
      {
        "date": "2025-05-23",
        "close": 110.543029,
        "volume": 6208578,
        "typical_volume": 7038254.2,
        "trend": 112.67841,
        "fair_value": 110.629556,
        "relative_strength": -6.708573,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.317162,
        "energy": 14.951655,
        "activity_lines": [
          111.183915,
          110.069066,
          111.347226,
          111.669914
        ]
      },
      {
        "date": "2025-05-30",
        "close": 110.808427,
        "volume": 7096604,
        "typical_volume": 7135815.8,
        "trend": 112.49431,
        "fair_value": 110.667411,
        "relative_strength": -7.790874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.472348,
        "energy": 14.275234,
        "activity_lines": [
          111.353639,
          110.147345,
          111.282819,
          111.54927
        ]
      },
      {
        "date": "2025-06-06",
        "close": 111.209435,
        "volume": 5015758,
        "typical_volume": 7091765.8,
        "trend": 112.291008,
        "fair_value": 110.778054,
        "relative_strength": -8.558897,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.803173,
        "energy": 15.235284,
        "activity_lines": [
          111.385081,
          110.362338,
          111.239566,
          111.466375
        ]
      },
      {
        "date": "2025-06-13",
        "close": 113.089979,
        "volume": 5397700,
        "typical_volume": 7192512.3,
        "trend": 112.147134,
        "fair_value": 110.926687,
        "relative_strength": -6.364318,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.478952,
        "energy": 10.584539,
        "activity_lines": [
          112.007463,
          111.037059,
          111.362362,
          111.517922
        ]
      },
      {
        "date": "2025-06-20",
        "close": 112.46643,
        "volume": 5876623,
        "typical_volume": 7262383.2,
        "trend": 111.944695,
        "fair_value": 111.032972,
        "relative_strength": -6.372105,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.67152,
        "energy": 6.114454,
        "activity_lines": [
          112.032017,
          111.489905,
          111.416125,
          111.538521
        ]
      },
      {
        "date": "2025-06-27",
        "close": 113.812504,
        "volume": 5832385,
        "typical_volume": 7305081.45,
        "trend": 111.776702,
        "fair_value": 111.165685,
        "relative_strength": -8.065179,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.343071,
        "energy": 10.766788,
        "activity_lines": [
          112.761698,
          112.111238,
          111.594169,
          111.659025
        ]
      },
      {
        "date": "2025-07-04",
        "close": 117.16779,
        "volume": 3958670,
        "typical_volume": 7252525.8,
        "trend": 111.774069,
        "fair_value": 111.321985,
        "relative_strength": -6.640842,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 61.870352,
        "energy": 44.499342,
        "activity_lines": [
          114.391843,
          113.180235,
          112.066506,
          112.006837
        ]
      },
      {
        "date": "2025-07-11",
        "close": 114.574619,
        "volume": 5307209,
        "typical_volume": 7136615.45,
        "trend": 111.710227,
        "fair_value": 111.464171,
        "relative_strength": -8.208476,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.699715,
        "energy": 43.259395,
        "activity_lines": [
          114.73364,
          113.587953,
          112.265898,
          112.187518
        ]
      },
      {
        "date": "2025-07-18",
        "close": 110.5265,
        "volume": 6159341,
        "typical_volume": 6980138.0,
        "trend": 111.741786,
        "fair_value": 111.553861,
        "relative_strength": -11.666877,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 31.129866,
        "energy": 26.700675,
        "activity_lines": [
          113.501719,
          113.188672,
          112.078998,
          112.111148
        ]
      },
      {
        "date": "2025-07-25",
        "close": 115.504993,
        "volume": 5082284,
        "typical_volume": 6804337.95,
        "trend": 111.94126,
        "fair_value": 111.644392,
        "relative_strength": -8.676949,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.542305,
        "energy": 34.8702,
        "activity_lines": [
          114.100194,
          113.634822,
          112.389256,
          112.353936
        ]
      },
      {
        "date": "2025-08-01",
        "close": 113.475985,
        "volume": 8003291,
        "typical_volume": 6673598.9,
        "trend": 112.077688,
        "fair_value": 111.738554,
        "relative_strength": -7.649792,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.638158,
        "energy": 18.945438,
        "activity_lines": [
          113.819762,
          113.726752,
          112.54827,
          112.452951
        ]
      },
      {
        "date": "2025-08-08",
        "close": 115.920693,
        "volume": 7585001,
        "typical_volume": 6624239.8,
        "trend": 112.367362,
        "fair_value": 111.826185,
        "relative_strength": -7.597801,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.920486,
        "energy": 23.229541,
        "activity_lines": [
          114.376667,
          114.209847,
          112.938738,
          112.700886
        ]
      },
      {
        "date": "2025-08-15",
        "close": 118.632635,
        "volume": 6054936,
        "typical_volume": 6613602.0,
        "trend": 112.70615,
        "fair_value": 111.931015,
        "relative_strength": -6.081917,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 63.153948,
        "energy": 48.471989,
        "activity_lines": [
          115.920693,
          115.093073,
          113.579852,
          113.105098
        ]
      },
      {
        "date": "2025-08-22",
        "close": 118.790997,
        "volume": 4741222,
        "typical_volume": 6370143.8,
        "trend": 112.963717,
        "fair_value": 112.050807,
        "relative_strength": -5.929978,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.629979,
        "energy": 56.604247,
        "activity_lines": [
          117.246971,
          115.870125,
          114.231555,
          113.497668
        ]
      },
      {
        "date": "2025-08-29",
        "close": 119.305672,
        "volume": 6340861,
        "typical_volume": 6182737.15,
        "trend": 113.219108,
        "fair_value": 112.193654,
        "relative_strength": -5.18971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.170004,
        "energy": 63.754165,
        "activity_lines": [
          118.193842,
          116.637099,
          114.87671,
          113.906827
        ]
      },
      {
        "date": "2025-09-05",
        "close": 119.671883,
        "volume": 4320697,
        "typical_volume": 6157084.95,
        "trend": 113.591227,
        "fair_value": 112.328084,
        "relative_strength": -4.877124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.575355,
        "energy": 64.560568,
        "activity_lines": [
          119.009404,
          117.346307,
          115.504203,
          114.323135
        ]
      },
      {
        "date": "2025-09-12",
        "close": 122.245259,
        "volume": 6273531,
        "typical_volume": 6130098.9,
        "trend": 113.942311,
        "fair_value": 112.544029,
        "relative_strength": -4.081999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.857843,
        "energy": 67.356841,
        "activity_lines": [
          120.269698,
          118.416867,
          116.306348,
          114.881459
        ]
      },
      {
        "date": "2025-09-19",
        "close": 118.919665,
        "volume": 7502356,
        "typical_volume": 6220757.8,
        "trend": 114.092437,
        "fair_value": 112.770156,
        "relative_strength": -7.507988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.463708,
        "energy": 45.948219,
        "activity_lines": [
          119.999823,
          118.790457,
          116.717883,
          115.202579
        ]
      },
      {
        "date": "2025-09-26",
        "close": 120.59236,
        "volume": 5185186,
        "typical_volume": 6022878.75,
        "trend": 114.266866,
        "fair_value": 113.00303,
        "relative_strength": -5.557165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.391741,
        "energy": 40.39732,
        "activity_lines": [
          120.268378,
          119.389172,
          117.249442,
          115.621929
        ]
      },
      {
        "date": "2025-10-03",
        "close": 122.255157,
        "volume": 5295868,
        "typical_volume": 5861905.05,
        "trend": 114.197903,
        "fair_value": 113.24112,
        "relative_strength": -5.073958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.568041,
        "energy": 43.14619,
        "activity_lines": [
          120.971108,
          120.107198,
          117.875782,
          116.137303
        ]
      },
      {
        "date": "2025-10-10",
        "close": 111.97155,
        "volume": 6147136,
        "typical_volume": 5858832.95,
        "trend": 114.157382,
        "fair_value": 113.408578,
        "relative_strength": -10.559737,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 20.634345,
        "energy": 12.512177,
        "activity_lines": [
          118.049336,
          118.832747,
          117.494434,
          115.993667
        ]
      },
      {
        "date": "2025-10-17",
        "close": 118.692021,
        "volume": 5153543,
        "typical_volume": 5761679.9,
        "trend": 114.303197,
        "fair_value": 113.60089,
        "relative_strength": -6.577981,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.825494,
        "energy": 15.810954,
        "activity_lines": [
          117.881077,
          118.807553,
          117.746329,
          116.286224
        ]
      },
      {
        "date": "2025-10-24",
        "close": 116.603627,
        "volume": 3563454,
        "typical_volume": 5689064.7,
        "trend": 114.267014,
        "fair_value": 113.749659,
        "relative_strength": -9.669283,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.838841,
        "energy": 16.847962,
        "activity_lines": [
          117.25357,
          118.352263,
          117.761788,
          116.434639
        ]
      },
      {
        "date": "2025-10-31",
        "close": 120.651745,
        "volume": 5493283,
        "typical_volume": 5693843.85,
        "trend": 114.717994,
        "fair_value": 113.94285,
        "relative_strength": -6.917324,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.012552,
        "energy": 21.140852,
        "activity_lines": [
          118.129837,
          118.669886,
          118.137095,
          116.846557
        ]
      },
      {
        "date": "2025-11-07",
        "close": 136.022718,
        "volume": 14533763,
        "typical_volume": 6126700.85,
        "trend": 115.643005,
        "fair_value": 114.130286,
        "relative_strength": 6.630059,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 81.535735,
        "energy": 64.346218,
        "activity_lines": [
          124.125803,
          121.748399,
          119.940296,
          118.221055
        ]
      },
      {
        "date": "2025-11-14",
        "close": 137.002581,
        "volume": 7440225,
        "typical_volume": 6207092.85,
        "trend": 116.713717,
        "fair_value": 114.318742,
        "relative_strength": 7.233574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.934,
        "energy": 83.214982,
        "activity_lines": [
          129.530552,
          124.701124,
          121.724645,
          119.599093
        ]
      },
      {
        "date": "2025-11-21",
        "close": 141.743531,
        "volume": 7751926,
        "typical_volume": 6396755.65,
        "trend": 117.880862,
        "fair_value": 114.537589,
        "relative_strength": 12.960495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.870567,
        "energy": 92.644614,
        "activity_lines": [
          134.846883,
          128.200735,
          123.850084,
          121.213919
        ]
      },
      {
        "date": "2025-11-28",
        "close": 145.395746,
        "volume": 5621003,
        "typical_volume": 6412445.35,
        "trend": 119.03836,
        "fair_value": 114.758949,
        "relative_strength": 11.592887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.79694,
        "energy": 94.485613,
        "activity_lines": [
          139.843852,
          132.009871,
          126.206326,
          122.989073
        ]
      },
      {
        "date": "2025-12-05",
        "close": 150.707188,
        "volume": 6684048,
        "typical_volume": 6438680.7,
        "trend": 120.487256,
        "fair_value": 115.061171,
        "relative_strength": 14.99669,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.934482,
        "energy": 95.230314,
        "activity_lines": [
          144.691826,
          136.303341,
          128.921652,
          125.032223
        ]
      },
      {
        "date": "2025-12-12",
        "close": 150.995727,
        "volume": 6794953,
        "typical_volume": 6524314.15,
        "trend": 121.643348,
        "fair_value": 115.361368,
        "relative_strength": 15.574629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.606436,
        "energy": 92.471144,
        "activity_lines": [
          147.632285,
          140.10173,
          131.473121,
          127.000512
        ]
      },
      {
        "date": "2025-12-19",
        "close": 152.100137,
        "volume": 8376306,
        "typical_volume": 6542964.9,
        "trend": 123.028585,
        "fair_value": 115.676211,
        "relative_strength": 15.862813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.993076,
        "energy": 90.52835,
        "activity_lines": [
          149.942679,
          143.578366,
          133.960768,
          128.965466
        ]
      },
      {
        "date": "2025-12-26",
        "close": 151.47331,
        "volume": 3025257,
        "typical_volume": 6314977.7,
        "trend": 124.384081,
        "fair_value": 116.007891,
        "relative_strength": 13.385233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.965878,
        "energy": 83.34725,
        "activity_lines": [
          151.037627,
          146.211422,
          136.204794,
          130.800609
        ]
      },
      {
        "date": "2026-01-02",
        "close": 151.095224,
        "volume": 2984247,
        "typical_volume": 6161443.25,
        "trend": 125.713608,
        "fair_value": 116.31094,
        "relative_strength": 13.896977,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.590307,
        "energy": 66.649199,
        "activity_lines": [
          151.357894,
          148.179711,
          138.243513,
          132.523909
        ]
      },
      {
        "date": "2026-01-09",
        "close": 158.08982,
        "volume": 6371002,
        "typical_volume": 6242932.25,
        "trend": 127.213602,
        "fair_value": 116.654273,
        "relative_strength": 16.825042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.374327,
        "energy": 71.617967,
        "activity_lines": [
          153.629728,
          150.792626,
          140.7938,
          134.612697
        ]
      },
      {
        "date": "2026-01-16",
        "close": 161.592093,
        "volume": 9016545,
        "typical_volume": 6376716.45,
        "trend": 128.851124,
        "fair_value": 117.03353,
        "relative_strength": 19.241272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.91329,
        "energy": 72.205528,
        "activity_lines": [
          156.576812,
          153.361625,
          143.4905,
          136.830664
        ]
      },
      {
        "date": "2026-01-23",
        "close": 158.408209,
        "volume": 4419842,
        "typical_volume": 6381673.7,
        "trend": 130.337648,
        "fair_value": 117.386287,
        "relative_strength": 16.787961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.755694,
        "energy": 67.000511,
        "activity_lines": [
          157.756176,
          154.886838,
          145.682608,
          138.737573
        ]
      },
      {
        "date": "2026-01-30",
        "close": 159.731511,
        "volume": 7665288,
        "typical_volume": 6451261.55,
        "trend": 131.756439,
        "fair_value": 117.690253,
        "relative_strength": 16.804713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.151746,
        "energy": 67.188103,
        "activity_lines": [
          158.956102,
          156.263459,
          147.816287,
          140.633951
        ]
      },
      {
        "date": "2026-02-06",
        "close": 164.208849,
        "volume": 8022144,
        "typical_volume": 6477250.95,
        "trend": 133.410913,
        "fair_value": 118.05411,
        "relative_strength": 19.672567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.118937,
        "energy": 83.315246,
        "activity_lines": [
          161.097928,
          158.127086,
          150.197873,
          142.727655
        ]
      },
      {
        "date": "2026-02-13",
        "close": 145.762217,
        "volume": 13684911,
        "typical_volume": 6902237.2,
        "trend": 134.585437,
        "fair_value": 118.303164,
        "relative_strength": 7.31573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.823561,
        "energy": 46.086832,
        "activity_lines": [
          156.216635,
          156.294724,
          150.606974,
          143.524513
        ]
      },
      {
        "date": "2026-02-20",
        "close": 155.512864,
        "volume": 6586677,
        "typical_volume": 6966777.65,
        "trend": 135.919032,
        "fair_value": 118.640622,
        "relative_strength": 12.863711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.42936,
        "energy": 38.578003,
        "activity_lines": [
          155.407398,
          156.325116,
          151.824852,
          144.87467
        ]
      },
      {
        "date": "2026-02-27",
        "close": 144.29962,
        "volume": 10938782,
        "typical_volume": 7206359.95,
        "trend": 136.946487,
        "fair_value": 118.892604,
        "relative_strength": 5.109957,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.584878,
        "energy": 20.606758,
        "activity_lines": [
          151.265694,
          154.234606,
          151.816432,
          145.415353
        ]
      },
      {
        "date": "2026-03-06",
        "close": 146.120404,
        "volume": 7372611,
        "typical_volume": 7317313.35,
        "trend": 137.953144,
        "fair_value": 119.168623,
        "relative_strength": 8.601942,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.852062,
        "energy": 25.283755,
        "activity_lines": [
          148.671492,
          152.616976,
          151.827476,
          146.007218
        ]
      },
      {
        "date": "2026-03-13",
        "close": 141.83211,
        "volume": 8384091,
        "typical_volume": 7558345.2,
        "trend": 138.72646,
        "fair_value": 119.423059,
        "relative_strength": 6.910904,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.298464,
        "energy": 15.53939,
        "activity_lines": [
          145.555265,
          150.316981,
          151.2995,
          146.257474
        ]
      },
      {
        "date": "2026-03-20",
        "close": 145.612973,
        "volume": 5610757,
        "typical_volume": 7564218.9,
        "trend": 139.620526,
        "fair_value": 119.713666,
        "relative_strength": 11.564893,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.255456,
        "energy": 19.433665,
        "activity_lines": [
          145.191108,
          148.872836,
          151.011471,
          146.701766
        ]
      },
      {
        "date": "2026-03-27",
        "close": 140.508808,
        "volume": 5578950,
        "typical_volume": 7116478.25,
        "trend": 140.327297,
        "fair_value": 119.936918,
        "relative_strength": 10.035189,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.62052,
        "energy": 18.672119,
        "activity_lines": [
          143.135513,
          146.727513,
          150.118468,
          146.759074
        ]
      },
      {
        "date": "2026-04-03",
        "close": 145.075692,
        "volume": 3730839,
        "typical_volume": 6931008.95,
        "trend": 141.174091,
        "fair_value": 120.218791,
        "relative_strength": 9.774529,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.49518,
        "energy": 15.693084,
        "activity_lines": [
          143.602482,
          145.795865,
          149.639044,
          147.065422
        ]
      },
      {
        "date": "2026-04-10",
        "close": 142.339541,
        "volume": 5073690,
        "typical_volume": 6797097.15,
        "trend": 141.8439,
        "fair_value": 120.444243,
        "relative_strength": 3.915004,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.685042,
        "energy": 13.003337,
        "activity_lines": [
          143.105664,
          144.609145,
          148.86059,
          147.140612
        ]
      },
      {
        "date": "2026-04-17",
        "close": 146.558188,
        "volume": 5410359,
        "typical_volume": 6786564.95,
        "trend": 142.765184,
        "fair_value": 120.699384,
        "relative_strength": 2.324965,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.24002,
        "energy": 11.032484,
        "activity_lines": [
          144.267118,
          144.505668,
          148.481075,
          147.44476
        ]
      },
      {
        "date": "2026-04-24",
        "close": 146.816879,
        "volume": 4291343,
        "typical_volume": 6666929.7,
        "trend": 143.639335,
        "fair_value": 120.940188,
        "relative_strength": 1.866818,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.861236,
        "energy": 10.32017,
        "activity_lines": [
          145.199731,
          144.770148,
          148.120661,
          147.70616
        ]
      },
      {
        "date": "2026-05-01",
        "close": 146.488541,
        "volume": 4988146,
        "typical_volume": 6576589.35,
        "trend": 144.447114,
        "fair_value": 121.155326,
        "relative_strength": 0.637386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.218409,
        "energy": 6.928855,
        "activity_lines": [
          145.942637,
          144.955754,
          147.747502,
          147.88998
        ]
      },
      {
        "date": "2026-05-08",
        "close": 155.9009,
        "volume": 8062279,
        "typical_volume": 6560888.0,
        "trend": 145.911426,
        "fair_value": 121.459775,
        "relative_strength": 4.449162,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.315583,
        "energy": 20.610342,
        "activity_lines": [
          149.424348,
          147.016776,
          148.292221,
          148.628933
        ]
      },
      {
        "date": "2026-05-15",
        "close": 154.667144,
        "volume": 4629218,
        "typical_volume": 6641086.05,
        "trend": 147.110597,
        "fair_value": 121.74641,
        "relative_strength": 3.294835,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.194202,
        "energy": 26.611174,
        "activity_lines": [
          151.773126,
          148.642547,
          148.701341,
          149.193818
        ]
      },
      {
        "date": "2026-05-22",
        "close": 157.681885,
        "volume": 4689140,
        "typical_volume": 6726330.7,
        "trend": 148.479872,
        "fair_value": 122.046588,
        "relative_strength": 4.21245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.407249,
        "energy": 48.541813,
        "activity_lines": [
          154.304977,
          150.661058,
          149.38237,
          149.875837
        ]
      },
      {
        "date": "2026-05-29",
        "close": 157.194353,
        "volume": 4506517,
        "typical_volume": 6633106.45,
        "trend": 149.697959,
        "fair_value": 122.348791,
        "relative_strength": 2.230686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.889147,
        "energy": 60.804383,
        "activity_lines": [
          155.932739,
          152.302748,
          149.985602,
          150.438062
        ]
      },
      {
        "date": "2026-06-05",
        "close": 160.44,
        "volume": 7090093,
        "typical_volume": 6536783.85,
        "trend": 150.511868,
        "fair_value": 122.663443,
        "relative_strength": 6.718766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.495565,
        "energy": 66.013959,
        "activity_lines": [
          157.95055,
          154.323986,
          150.902208,
          151.131097
        ]
      },
      {
        "date": "2026-06-12",
        "close": 166.62,
        "volume": 7695384,
        "typical_volume": 6700560.95,
        "trend": 151.499115,
        "fair_value": 122.995919,
        "relative_strength": 9.859607,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.63513,
        "energy": 78.021387,
        "activity_lines": [
          161.098265,
          157.106475,
          152.412871,
          152.170331
        ]
      },
      {
        "date": "2026-06-19",
        "close": 161.32,
        "volume": 6864678,
        "typical_volume": 6660530.45,
        "trend": 152.151664,
        "fair_value": 123.321535,
        "relative_strength": 5.142127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.454694,
        "energy": 69.381241,
        "activity_lines": [
          161.764706,
          158.533612,
          153.379669,
          152.803936
        ]
      },
      {
        "date": "2026-06-26",
        "close": 160.73,
        "volume": 5588294,
        "typical_volume": 6538837.95,
        "trend": 152.662806,
        "fair_value": 123.602018,
        "relative_strength": 6.974401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.540276,
        "energy": 62.252982,
        "activity_lines": [
          161.790957,
          159.508378,
          154.282712,
          153.357377
        ]
      },
      {
        "date": "2026-07-03",
        "close": 167.57,
        "volume": 4495264,
        "typical_volume": 6079355.6,
        "trend": 153.2249,
        "fair_value": 123.940151,
        "relative_strength": 8.801377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.638362,
        "energy": 67.363704,
        "activity_lines": [
          163.894,
          161.469111,
          155.85375,
          154.319132
        ]
      },
      {
        "date": "2026-07-10",
        "close": 172.02,
        "volume": 5305575,
        "typical_volume": 6015300.5,
        "trend": 153.925709,
        "fair_value": 124.290096,
        "relative_strength": 9.756405,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.409609,
        "energy": 66.988483,
        "activity_lines": [
          166.788667,
          163.861605,
          157.74475,
          155.531719
        ]
      },
      {
        "date": "2026-07-17",
        "close": 182.8,
        "volume": 8404585,
        "typical_volume": 5888590.65,
        "trend": 154.949038,
        "fair_value": 124.689644,
        "relative_strength": 17.724023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.970012,
        "energy": 85.981225,
        "activity_lines": [
          172.504667,
          167.74989,
          160.583812,
          157.394576
        ]
      },
      {
        "date": "2026-07-24",
        "close": 175.3,
        "volume": 5780368,
        "typical_volume": 5808978.5,
        "trend": 155.743261,
        "fair_value": 125.025701,
        "relative_strength": 12.999098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.150603,
        "energy": 81.378696,
        "activity_lines": [
          174.642,
          169.785465,
          162.525253,
          158.707542
        ]
      },
      {
        "date": "2026-07-31",
        "close": 167.89,
        "volume": 5199610,
        "typical_volume": 5649754.45,
        "trend": 156.303087,
        "fair_value": 125.3358,
        "relative_strength": 6.656328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.617846,
        "energy": 67.51766,
        "activity_lines": [
          173.377333,
          170.098625,
          163.622029,
          159.491202
        ]
      },
      {
        "date": "2026-08-07",
        "close": 178.71,
        "volume": 8481435,
        "typical_volume": 5793288.35,
        "trend": 156.990426,
        "fair_value": 125.757291,
        "relative_strength": 9.208745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.204454,
        "energy": 66.741159,
        "activity_lines": [
          175.242,
          172.193455,
          165.625196,
          160.93681
        ]
      }
    ],
    "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."
    }
  }
}