{
  "ticker": {
    "uuid": "a3286de9-eadb-423a-a162-470f8a2949f1",
    "symbol": "RHTX",
    "name": "STARBOARD INVESTMENT TRUST RH TACTICAL OUTLOOK ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 61.756,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 51.563,
    "architecture_energy": 22.693,
    "architecture_maturity": 31.544,
    "architecture_confidence": 76.649,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 40.6,
        "rotation_up": 34.12,
        "upward_expansion": 57.7,
        "deceleration": 85.67,
        "rotation_down": 30.14,
        "downward_expansion": 19.37
      },
      "activity_lines": [
        19.89248,
        19.847615,
        19.888223,
        19.751548
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 20.4458,
    "trend_reference": 19.644623,
    "distance_from_trend": 0.040784,
    "trend_direction": "Improving",
    "fair_value": 16.455941,
    "distance_from_fair_value": 0.242457,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.97975,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.043132,
    "excess_performance": -0.082493,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.040784,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.023337,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.242457,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.037471,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.039798,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.037727,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.043132,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.701618,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1032,
      "relative_activity": 0.37608,
      "balance": 0.701618,
      "dry_up": 1.875752,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.020117,
      "annualized_volatility": 0.151966,
      "from_high_reference": -0.0075,
      "from_low_reference": 0.308113
    },
    "levels": {
      "trend_reference": 19.644623,
      "fair_value_reference": 16.455941,
      "structural_low": 17.95,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.015325,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.003225,
        "regime_survival": 0.3,
        "best_return": 0.043059,
        "worst_return": -0.051805,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.042263,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.010536,
        "regime_survival": 0.0,
        "best_return": 0.084812,
        "worst_return": -0.126503,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.081387,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.023722,
        "regime_survival": 0.0,
        "best_return": 0.11108,
        "worst_return": 0.038752,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.153425,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.063827,
        "regime_survival": 0.0,
        "best_return": 0.159668,
        "worst_return": 0.147181,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.018355,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-02-21",
        "tenure": "New",
        "return": -0.01693,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.02991,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.077732,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.096216,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.046373,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.024354,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.004841,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": 0.03586,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.043784,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.073676,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.026908,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.001121,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.041532,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 13.2108,
        "volume": 22836,
        "typical_volume": 29717.15,
        "trend": 13.212363,
        "fair_value": 13.617855,
        "relative_strength": -6.862842,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.049628,
        "energy": 26.73766,
        "activity_lines": [
          13.50118,
          13.540936,
          13.38985,
          13.284795
        ]
      },
      {
        "date": "2023-08-25",
        "close": 13.3247,
        "volume": 10691,
        "typical_volume": 28578.5,
        "trend": 13.209813,
        "fair_value": 13.614736,
        "relative_strength": -6.626953,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.895671,
        "energy": 23.580212,
        "activity_lines": [
          13.408193,
          13.506387,
          13.396462,
          13.292043
        ]
      },
      {
        "date": "2023-09-01",
        "close": 13.6821,
        "volume": 10640,
        "typical_volume": 28558.4,
        "trend": 13.21221,
        "fair_value": 13.615445,
        "relative_strength": -6.325102,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.251852,
        "energy": 26.200221,
        "activity_lines": [
          13.464993,
          13.538456,
          13.435288,
          13.322513
        ]
      },
      {
        "date": "2023-09-08",
        "close": 13.4162,
        "volume": 5137,
        "typical_volume": 27928.75,
        "trend": 13.213653,
        "fair_value": 13.61337,
        "relative_strength": -6.78326,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.7324,
        "energy": 20.199791,
        "activity_lines": [
          13.448033,
          13.513027,
          13.445553,
          13.335674
        ]
      },
      {
        "date": "2023-09-15",
        "close": 13.4128,
        "volume": 6697,
        "typical_volume": 27985.25,
        "trend": 13.215037,
        "fair_value": 13.611302,
        "relative_strength": -6.48923,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.96318,
        "energy": 15.33336,
        "activity_lines": [
          13.442353,
          13.488285,
          13.453584,
          13.348522
        ]
      },
      {
        "date": "2023-09-22",
        "close": 13.0539,
        "volume": 15699,
        "typical_volume": 28450.2,
        "trend": 13.214953,
        "fair_value": 13.605614,
        "relative_strength": -6.035521,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.091288,
        "energy": 7.181682,
        "activity_lines": [
          13.32388,
          13.396807,
          13.425587,
          13.338126
        ]
      },
      {
        "date": "2023-09-29",
        "close": 12.9733,
        "volume": 13964,
        "typical_volume": 28871.6,
        "trend": 13.203277,
        "fair_value": 13.599227,
        "relative_strength": -5.714332,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.431065,
        "energy": 29.009224,
        "activity_lines": [
          13.189,
          13.302716,
          13.389656,
          13.322535
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.9582,
        "volume": 6137,
        "typical_volume": 28871.45,
        "trend": 13.212467,
        "fair_value": 13.592817,
        "relative_strength": -6.047538,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.279882,
        "energy": 49.079945,
        "activity_lines": [
          13.072513,
          13.220629,
          13.35188,
          13.306724
        ]
      },
      {
        "date": "2023-10-13",
        "close": 12.9951,
        "volume": 10096,
        "typical_volume": 28346.2,
        "trend": 13.221603,
        "fair_value": 13.586899,
        "relative_strength": -5.973319,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.3589,
        "energy": 47.327658,
        "activity_lines": [
          13.016587,
          13.162469,
          13.317452,
          13.2927
        ]
      },
      {
        "date": "2023-10-20",
        "close": 12.8895,
        "volume": 13493,
        "typical_volume": 28015.75,
        "trend": 13.22621,
        "fair_value": 13.580062,
        "relative_strength": -4.240246,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.996669,
        "energy": 53.680355,
        "activity_lines": [
          12.953533,
          13.096151,
          13.272466,
          13.271274
        ]
      },
      {
        "date": "2023-10-27",
        "close": 12.8037,
        "volume": 527185,
        "typical_volume": 53865.9,
        "trend": 13.220503,
        "fair_value": 13.572524,
        "relative_strength": -2.289844,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.370187,
        "energy": 53.547378,
        "activity_lines": [
          12.896767,
          13.025613,
          13.220263,
          13.244016
        ]
      },
      {
        "date": "2023-11-03",
        "close": 13.1304,
        "volume": 3724,
        "typical_volume": 52774.35,
        "trend": 13.226793,
        "fair_value": 13.568273,
        "relative_strength": -5.119589,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.979057,
        "energy": 29.344237,
        "activity_lines": [
          12.96558,
          13.021876,
          13.200983,
          13.238203
        ]
      },
      {
        "date": "2023-11-10",
        "close": 13.11,
        "volume": 24590,
        "typical_volume": 53108.6,
        "trend": 13.23038,
        "fair_value": 13.563909,
        "relative_strength": -6.318581,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.979499,
        "energy": 23.027806,
        "activity_lines": [
          13.01712,
          13.017964,
          13.181115,
          13.230668
        ]
      },
      {
        "date": "2023-11-17",
        "close": 13.2005,
        "volume": 4560,
        "typical_volume": 51554.35,
        "trend": 13.236563,
        "fair_value": 13.56048,
        "relative_strength": -7.553944,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.998499,
        "energy": 20.690251,
        "activity_lines": [
          13.088707,
          13.040907,
          13.170192,
          13.22874
        ]
      },
      {
        "date": "2023-11-24",
        "close": 13.265,
        "volume": 600,
        "typical_volume": 51404.15,
        "trend": 13.244563,
        "fair_value": 13.557719,
        "relative_strength": -7.769107,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.849198,
        "energy": 20.318715,
        "activity_lines": [
          13.1681,
          13.0795,
          13.166782,
          13.230574
        ]
      },
      {
        "date": "2023-12-01",
        "close": 13.3878,
        "volume": 10972,
        "typical_volume": 48367.55,
        "trend": 13.257503,
        "fair_value": 13.556145,
        "relative_strength": -7.418738,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 6.926424,
        "energy": 16.014046,
        "activity_lines": [
          13.263393,
          13.143107,
          13.175382,
          13.239815
        ]
      },
      {
        "date": "2023-12-08",
        "close": 13.3485,
        "volume": 42312,
        "typical_volume": 39305.1,
        "trend": 13.27285,
        "fair_value": 13.55424,
        "relative_strength": -7.631858,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.244024,
        "energy": 20.658258,
        "activity_lines": [
          13.306647,
          13.193498,
          13.181804,
          13.245686
        ]
      },
      {
        "date": "2023-12-15",
        "close": 13.6946,
        "volume": 194152,
        "typical_volume": 48184.25,
        "trend": 13.29857,
        "fair_value": 13.555516,
        "relative_strength": -7.178995,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.703121,
        "energy": 40.282631,
        "activity_lines": [
          13.450727,
          13.299995,
          13.223263,
          13.272896
        ]
      },
      {
        "date": "2023-12-22",
        "close": 13.7452,
        "volume": 18409,
        "typical_volume": 48161.65,
        "trend": 13.327077,
        "fair_value": 13.557225,
        "relative_strength": -7.405286,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.533795,
        "energy": 58.705785,
        "activity_lines": [
          13.5727,
          13.402302,
          13.270545,
          13.301711
        ]
      },
      {
        "date": "2023-12-29",
        "close": 13.7041,
        "volume": 3806,
        "typical_volume": 47285.0,
        "trend": 13.347547,
        "fair_value": 13.558537,
        "relative_strength": -7.712133,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.793354,
        "energy": 60.276683,
        "activity_lines": [
          13.64466,
          13.483498,
          13.313232,
          13.326035
        ]
      },
      {
        "date": "2024-01-05",
        "close": 13.4538,
        "volume": 3935,
        "typical_volume": 46339.95,
        "trend": 13.356553,
        "fair_value": 13.55761,
        "relative_strength": -7.67118,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.839061,
        "energy": 51.290346,
        "activity_lines": [
          13.603913,
          13.504375,
          13.331182,
          13.33289
        ]
      },
      {
        "date": "2024-01-12",
        "close": 13.5901,
        "volume": 710,
        "typical_volume": 45840.9,
        "trend": 13.3624,
        "fair_value": 13.557895,
        "relative_strength": -8.148392,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.701068,
        "energy": 54.761843,
        "activity_lines": [
          13.6042,
          13.538213,
          13.360957,
          13.347957
        ]
      },
      {
        "date": "2024-01-19",
        "close": 13.6651,
        "volume": 3978,
        "typical_volume": 45507.8,
        "trend": 13.378613,
        "fair_value": 13.558827,
        "relative_strength": -8.430602,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.34812,
        "energy": 39.750989,
        "activity_lines": [
          13.61338,
          13.577329,
          13.39661,
          13.367486
        ]
      },
      {
        "date": "2024-01-26",
        "close": 13.8053,
        "volume": 5334,
        "typical_volume": 45517.65,
        "trend": 13.38919,
        "fair_value": 13.560952,
        "relative_strength": -8.138444,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.779001,
        "energy": 54.350616,
        "activity_lines": [
          13.67126,
          13.631844,
          13.445697,
          13.395015
        ]
      },
      {
        "date": "2024-02-02",
        "close": 13.9091,
        "volume": 4179,
        "typical_volume": 45391.75,
        "trend": 13.40845,
        "fair_value": 13.563927,
        "relative_strength": -8.440078,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.475973,
        "energy": 76.893943,
        "activity_lines": [
          13.759733,
          13.694235,
          13.502816,
          13.428557
        ]
      },
      {
        "date": "2024-02-09",
        "close": 14.125,
        "volume": 6249,
        "typical_volume": 44919.25,
        "trend": 13.422077,
        "fair_value": 13.568682,
        "relative_strength": -7.996428,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.153791,
        "energy": 85.267197,
        "activity_lines": [
          13.906507,
          13.784169,
          13.578134,
          13.474786
        ]
      },
      {
        "date": "2024-02-16",
        "close": 14.18,
        "volume": 3097,
        "typical_volume": 44375.9,
        "trend": 13.43526,
        "fair_value": 13.573819,
        "relative_strength": -7.036966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.655598,
        "energy": 87.662863,
        "activity_lines": [
          14.026867,
          13.8707,
          13.65359,
          13.523685
        ]
      },
      {
        "date": "2024-02-23",
        "close": 14.3361,
        "volume": 955,
        "typical_volume": 44116.8,
        "trend": 13.449623,
        "fair_value": 13.580172,
        "relative_strength": -7.252483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.2178,
        "energy": 90.401276,
        "activity_lines": [
          14.159933,
          13.970495,
          13.738166,
          13.581803
        ]
      },
      {
        "date": "2024-03-01",
        "close": 14.535,
        "volume": 1802,
        "typical_volume": 43702.1,
        "trend": 13.48071,
        "fair_value": 13.588063,
        "relative_strength": -6.579868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.737104,
        "energy": 93.199733,
        "activity_lines": [
          14.314567,
          14.094789,
          13.835124,
          13.651828
        ]
      },
      {
        "date": "2024-03-08",
        "close": 14.6476,
        "volume": 2404,
        "typical_volume": 43147.65,
        "trend": 13.51845,
        "fair_value": 13.596748,
        "relative_strength": -5.363755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.799855,
        "energy": 93.564399,
        "activity_lines": [
          14.458087,
          14.225196,
          13.935472,
          13.727111
        ]
      },
      {
        "date": "2024-03-15",
        "close": 14.5648,
        "volume": 3552,
        "typical_volume": 16966.0,
        "trend": 13.563583,
        "fair_value": 13.604618,
        "relative_strength": -5.573547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.624846,
        "energy": 89.533179,
        "activity_lines": [
          14.524773,
          14.323395,
          14.019563,
          13.794617
        ]
      },
      {
        "date": "2024-03-22",
        "close": 14.8602,
        "volume": 2197,
        "typical_volume": 16889.65,
        "trend": 13.614767,
        "fair_value": 13.614744,
        "relative_strength": -5.510921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.192995,
        "energy": 93.239221,
        "activity_lines": [
          14.660607,
          14.455102,
          14.123401,
          13.87827
        ]
      },
      {
        "date": "2024-03-29",
        "close": 15.0408,
        "volume": 560,
        "typical_volume": 15688.15,
        "trend": 13.660057,
        "fair_value": 13.626152,
        "relative_strength": -4.495693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.76485,
        "energy": 92.785163,
        "activity_lines": [
          14.811293,
          14.596553,
          14.236202,
          13.970272
        ]
      },
      {
        "date": "2024-04-05",
        "close": 14.9105,
        "volume": 4197,
        "typical_volume": 15670.0,
        "trend": 13.709867,
        "fair_value": 13.636345,
        "relative_strength": -4.272238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.835829,
        "energy": 75.789486,
        "activity_lines": [
          14.871567,
          14.6893,
          14.3274,
          14.050946
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.6203,
        "volume": 1280,
        "typical_volume": 15704.0,
        "trend": 13.750117,
        "fair_value": 13.644093,
        "relative_strength": -4.537069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.194318,
        "energy": 65.95685,
        "activity_lines": [
          14.810073,
          14.709189,
          14.382816,
          14.109683
        ]
      },
      {
        "date": "2024-04-19",
        "close": 14.2843,
        "volume": 17,
        "typical_volume": 15156.25,
        "trend": 13.79113,
        "fair_value": 13.649095,
        "relative_strength": -3.578492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.158922,
        "energy": 50.509213,
        "activity_lines": [
          14.6384,
          14.655056,
          14.399778,
          14.144147
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.5625,
        "volume": 792,
        "typical_volume": 13080.25,
        "trend": 13.844103,
        "fair_value": 13.656175,
        "relative_strength": -4.041752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.021388,
        "energy": 35.840273,
        "activity_lines": [
          14.57816,
          14.648609,
          14.438967,
          14.193913
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.65,
        "volume": 2114,
        "typical_volume": 3478.35,
        "trend": 13.900497,
        "fair_value": 13.66382,
        "relative_strength": -3.832237,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.777538,
        "energy": 26.424295,
        "activity_lines": [
          14.566933,
          14.651116,
          14.480708,
          14.245906
        ]
      },
      {
        "date": "2024-05-10",
        "close": 14.9626,
        "volume": 6009,
        "typical_volume": 2858.35,
        "trend": 13.96608,
        "fair_value": 13.673734,
        "relative_strength": -3.391516,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.418066,
        "energy": 39.659946,
        "activity_lines": [
          14.68596,
          14.704753,
          14.54767,
          14.314429
        ]
      },
      {
        "date": "2024-05-17",
        "close": 15.2185,
        "volume": 22,
        "typical_volume": 2669.15,
        "trend": 14.043713,
        "fair_value": 13.685437,
        "relative_strength": -3.175874,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 82.00664,
        "energy": 62.022584,
        "activity_lines": [
          14.886813,
          14.797142,
          14.633208,
          14.39523
        ]
      },
      {
        "date": "2024-05-24",
        "close": 15.0893,
        "volume": 423,
        "typical_volume": 2493.55,
        "trend": 14.1199,
        "fair_value": 13.695992,
        "relative_strength": -3.831878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.212154,
        "energy": 76.259911,
        "activity_lines": [
          15.00472,
          14.85566,
          14.699229,
          14.462687
        ]
      },
      {
        "date": "2024-05-31",
        "close": 15.0549,
        "volume": 624,
        "typical_volume": 2489.25,
        "trend": 14.18405,
        "fair_value": 13.706134,
        "relative_strength": -3.518721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.567712,
        "energy": 78.591738,
        "activity_lines": [
          15.057493,
          14.898387,
          14.754185,
          14.52301
        ]
      },
      {
        "date": "2024-06-07",
        "close": 15.0082,
        "volume": 683,
        "typical_volume": 2324.5,
        "trend": 14.247323,
        "fair_value": 13.715779,
        "relative_strength": -4.827846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.706841,
        "energy": 73.765867,
        "activity_lines": [
          15.061873,
          14.929084,
          14.797719,
          14.576181
        ]
      },
      {
        "date": "2024-06-14",
        "close": 15.0412,
        "volume": 3659,
        "typical_volume": 2240.75,
        "trend": 14.30868,
        "fair_value": 13.725524,
        "relative_strength": -5.967208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.469626,
        "energy": 52.344591,
        "activity_lines": [
          15.053373,
          14.966373,
          14.838,
          14.627399
        ]
      },
      {
        "date": "2024-06-21",
        "close": 15.166,
        "volume": 1764,
        "typical_volume": 2120.0,
        "trend": 14.372047,
        "fair_value": 13.736039,
        "relative_strength": -5.608604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.017026,
        "energy": 53.910842,
        "activity_lines": [
          15.081233,
          15.023976,
          14.884281,
          14.68271
        ]
      },
      {
        "date": "2024-06-28",
        "close": 15.1821,
        "volume": 2651,
        "typical_volume": 1940.1,
        "trend": 14.431857,
        "fair_value": 13.746517,
        "relative_strength": -5.275395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.736978,
        "energy": 51.880026,
        "activity_lines": [
          15.11796,
          15.074585,
          14.926111,
          14.734971
        ]
      },
      {
        "date": "2024-07-05",
        "close": 15.3256,
        "volume": 228,
        "typical_volume": 1796.65,
        "trend": 14.49776,
        "fair_value": 13.757878,
        "relative_strength": -5.980353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.582036,
        "energy": 58.605051,
        "activity_lines": [
          15.196333,
          15.134962,
          14.976573,
          14.792632
        ]
      },
      {
        "date": "2024-07-12",
        "close": 15.6732,
        "volume": 3204,
        "typical_volume": 1909.1,
        "trend": 14.563713,
        "fair_value": 13.771559,
        "relative_strength": -4.581048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.586292,
        "energy": 85.655223,
        "activity_lines": [
          15.372527,
          15.244664,
          15.054685,
          14.868467
        ]
      },
      {
        "date": "2024-07-19",
        "close": 15.488,
        "volume": 1338,
        "typical_volume": 1885.9,
        "trend": 14.621807,
        "fair_value": 13.783732,
        "relative_strength": -3.648601,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.340747,
        "energy": 77.443523,
        "activity_lines": [
          15.442653,
          15.302089,
          15.108792,
          14.928098
        ]
      },
      {
        "date": "2024-07-26",
        "close": 15.5095,
        "volume": 8728,
        "typical_volume": 2202.1,
        "trend": 14.681987,
        "fair_value": 13.795885,
        "relative_strength": -2.556606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.089289,
        "energy": 75.692581,
        "activity_lines": [
          15.49016,
          15.353871,
          15.160408,
          14.985369
        ]
      },
      {
        "date": "2024-08-02",
        "close": 15.0977,
        "volume": 7481,
        "typical_volume": 2398.55,
        "trend": 14.736783,
        "fair_value": 13.804989,
        "relative_strength": -2.927539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.841897,
        "energy": 48.726276,
        "activity_lines": [
          15.3775,
          15.325489,
          15.168701,
          15.012189
        ]
      },
      {
        "date": "2024-08-09",
        "close": 15.0278,
        "volume": 1828,
        "typical_volume": 2380.1,
        "trend": 14.784707,
        "fair_value": 13.813481,
        "relative_strength": -3.230139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.306417,
        "energy": 26.170761,
        "activity_lines": [
          15.247167,
          15.284245,
          15.167799,
          15.030964
        ]
      },
      {
        "date": "2024-08-16",
        "close": 15.554,
        "volume": 1924,
        "typical_volume": 2448.3,
        "trend": 14.84767,
        "fair_value": 13.825484,
        "relative_strength": -3.526524,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.579265,
        "energy": 30.08668,
        "activity_lines": [
          15.312087,
          15.339167,
          15.216213,
          15.080596
        ]
      },
      {
        "date": "2024-08-23",
        "close": 15.8765,
        "volume": 3866,
        "typical_volume": 2431.75,
        "trend": 14.91671,
        "fair_value": 13.839532,
        "relative_strength": -2.737421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.283307,
        "energy": 44.16788,
        "activity_lines": [
          15.492453,
          15.442802,
          15.292898,
          15.146972
        ]
      },
      {
        "date": "2024-08-30",
        "close": 15.8667,
        "volume": 5092,
        "typical_volume": 2622.35,
        "trend": 14.981963,
        "fair_value": 13.853322,
        "relative_strength": -2.897383,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.038041,
        "energy": 57.390104,
        "activity_lines": [
          15.643653,
          15.529467,
          15.36405,
          15.208262
        ]
      },
      {
        "date": "2024-09-06",
        "close": 15.1742,
        "volume": 30984,
        "typical_volume": 4170.7,
        "trend": 15.016937,
        "fair_value": 13.862247,
        "relative_strength": -2.969655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.08116,
        "energy": 39.351681,
        "activity_lines": [
          15.540207,
          15.477484,
          15.363313,
          15.220664
        ]
      },
      {
        "date": "2024-09-13",
        "close": 15.7848,
        "volume": 4319,
        "typical_volume": 4347.05,
        "trend": 15.07043,
        "fair_value": 13.87515,
        "relative_strength": -2.793159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.263408,
        "energy": 46.049279,
        "activity_lines": [
          15.635193,
          15.536662,
          15.416492,
          15.270204
        ]
      },
      {
        "date": "2024-09-20",
        "close": 16.0555,
        "volume": 768,
        "typical_volume": 4279.75,
        "trend": 15.127743,
        "fair_value": 13.889686,
        "relative_strength": -2.350294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.422679,
        "energy": 46.6181,
        "activity_lines": [
          15.769947,
          15.636709,
          15.489631,
          15.333757
        ]
      },
      {
        "date": "2024-09-27",
        "close": 16.1238,
        "volume": 2194,
        "typical_volume": 4089.0,
        "trend": 15.180703,
        "fair_value": 13.904481,
        "relative_strength": -2.322212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.368286,
        "energy": 47.872738,
        "activity_lines": [
          15.894033,
          15.742224,
          15.562582,
          15.398018
        ]
      },
      {
        "date": "2024-10-04",
        "close": 16.1614,
        "volume": 2969,
        "typical_volume": 4236.35,
        "trend": 15.231163,
        "fair_value": 13.91933,
        "relative_strength": -2.198076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.433459,
        "energy": 68.777227,
        "activity_lines": [
          16.014167,
          15.843015,
          15.633584,
          15.461289
        ]
      },
      {
        "date": "2024-10-11",
        "close": 16.2319,
        "volume": 5983,
        "typical_volume": 4514.35,
        "trend": 15.286733,
        "fair_value": 13.934444,
        "relative_strength": -2.726687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.009623,
        "energy": 73.152981,
        "activity_lines": [
          16.138153,
          15.944771,
          15.706811,
          15.525853
        ]
      },
      {
        "date": "2024-10-18",
        "close": 16.5099,
        "volume": 22,
        "typical_volume": 4484.25,
        "trend": 15.341723,
        "fair_value": 13.951168,
        "relative_strength": -1.726432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.150292,
        "energy": 80.995651,
        "activity_lines": [
          16.284293,
          16.076451,
          15.801073,
          15.604767
        ]
      },
      {
        "date": "2024-10-25",
        "close": 16.2567,
        "volume": 1504,
        "typical_volume": 4525.3,
        "trend": 15.382253,
        "fair_value": 13.966043,
        "relative_strength": -2.075145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.596148,
        "energy": 71.266097,
        "activity_lines": [
          16.297693,
          16.135147,
          15.864292,
          15.663798
        ]
      },
      {
        "date": "2024-11-01",
        "close": 16.1214,
        "volume": 10903,
        "typical_volume": 4887.5,
        "trend": 15.422617,
        "fair_value": 13.979859,
        "relative_strength": -1.371949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.298122,
        "energy": 61.617779,
        "activity_lines": [
          16.25258,
          16.156467,
          15.90868,
          15.711485
        ]
      },
      {
        "date": "2024-11-08",
        "close": 16.898,
        "volume": 1966,
        "typical_volume": 4897.6,
        "trend": 15.49854,
        "fair_value": 13.986171,
        "relative_strength": -1.186161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.615516,
        "energy": 72.915966,
        "activity_lines": [
          16.466493,
          16.314535,
          16.021886,
          15.806671
        ]
      },
      {
        "date": "2024-11-15",
        "close": 16.3934,
        "volume": 19648,
        "typical_volume": 5747.45,
        "trend": 15.568843,
        "fair_value": 13.989298,
        "relative_strength": -1.98935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.269518,
        "energy": 50.5944,
        "activity_lines": [
          16.4631,
          16.362105,
          16.078788,
          15.864403
        ]
      },
      {
        "date": "2024-11-22",
        "close": 16.8909,
        "volume": 4577,
        "typical_volume": 5964.9,
        "trend": 15.646457,
        "fair_value": 13.998154,
        "relative_strength": -0.591983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.45942,
        "energy": 60.871954,
        "activity_lines": [
          16.614773,
          16.477964,
          16.177302,
          15.949697
        ]
      },
      {
        "date": "2024-11-29",
        "close": 17.046,
        "volume": 4684,
        "typical_volume": 6038.9,
        "trend": 15.726323,
        "fair_value": 14.009733,
        "relative_strength": -0.766574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.946885,
        "energy": 76.530536,
        "activity_lines": [
          16.792747,
          16.601911,
          16.283134,
          16.039991
        ]
      },
      {
        "date": "2024-12-06",
        "close": 17.0272,
        "volume": 8666,
        "typical_volume": 6405.3,
        "trend": 15.795143,
        "fair_value": 14.018086,
        "relative_strength": -1.641935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.895432,
        "energy": 83.120598,
        "activity_lines": [
          16.911833,
          16.704431,
          16.380638,
          16.123918
        ]
      },
      {
        "date": "2024-12-13",
        "close": 16.8344,
        "volume": 977,
        "typical_volume": 6017.75,
        "trend": 15.849007,
        "fair_value": 14.026925,
        "relative_strength": -2.0709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.693761,
        "energy": 83.803668,
        "activity_lines": [
          16.906267,
          16.755471,
          16.452451,
          16.190967
        ]
      },
      {
        "date": "2024-12-20",
        "close": 16.3142,
        "volume": 1840,
        "typical_volume": 5735.7,
        "trend": 15.889837,
        "fair_value": 14.030011,
        "relative_strength": -3.204808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.327052,
        "energy": 50.771705,
        "activity_lines": [
          16.73154,
          16.699693,
          16.468412,
          16.220979
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.3948,
        "volume": 1533,
        "typical_volume": 5720.95,
        "trend": 15.9345,
        "fair_value": 14.032863,
        "relative_strength": -3.250113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.884098,
        "energy": 31.020935,
        "activity_lines": [
          16.58896,
          16.657073,
          16.486256,
          16.253558
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.4043,
        "volume": 876,
        "typical_volume": 5668.55,
        "trend": 15.981037,
        "fair_value": 14.038322,
        "relative_strength": -2.600987,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.545674,
        "energy": 25.255878,
        "activity_lines": [
          16.48262,
          16.618273,
          16.498496,
          16.283867
        ]
      },
      {
        "date": "2025-01-10",
        "close": 16.1049,
        "volume": 2873,
        "typical_volume": 5618.9,
        "trend": 16.016493,
        "fair_value": 14.042401,
        "relative_strength": -2.416255,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.888519,
        "energy": 22.23745,
        "activity_lines": [
          16.31926,
          16.522353,
          16.478172,
          16.291858
        ]
      },
      {
        "date": "2025-01-17",
        "close": 16.5879,
        "volume": 2474,
        "typical_volume": 5488.0,
        "trend": 16.06389,
        "fair_value": 14.054962,
        "relative_strength": -2.30263,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.400181,
        "energy": 22.113994,
        "activity_lines": [
          16.378387,
          16.514551,
          16.50276,
          16.328723
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.834,
        "volume": 3205,
        "typical_volume": 4099.05,
        "trend": 16.118953,
        "fair_value": 14.069131,
        "relative_strength": -2.481698,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.271153,
        "energy": 21.662065,
        "activity_lines": [
          16.53598,
          16.557133,
          16.547353,
          16.378408
        ]
      },
      {
        "date": "2025-01-31",
        "close": 16.7537,
        "volume": 3066,
        "typical_volume": 4036.4,
        "trend": 16.166557,
        "fair_value": 14.082426,
        "relative_strength": -1.911346,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.089468,
        "energy": 30.10854,
        "activity_lines": [
          16.632153,
          16.577104,
          16.576394,
          16.419359
        ]
      },
      {
        "date": "2025-02-07",
        "close": 16.7054,
        "volume": 7104,
        "typical_volume": 4353.2,
        "trend": 16.200963,
        "fair_value": 14.096399,
        "relative_strength": -1.974242,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 44.751346,
        "energy": 38.620776,
        "activity_lines": [
          16.6883,
          16.590787,
          16.596221,
          16.454123
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.7982,
        "volume": 5864,
        "typical_volume": 4536.7,
        "trend": 16.244637,
        "fair_value": 14.112113,
        "relative_strength": -2.794331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.395091,
        "energy": 57.188004,
        "activity_lines": [
          16.755307,
          16.627536,
          16.621791,
          16.492655
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.5138,
        "volume": 5657,
        "typical_volume": 4671.1,
        "trend": 16.278113,
        "fair_value": 14.12516,
        "relative_strength": -2.815235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.18586,
        "energy": 33.934722,
        "activity_lines": [
          16.681293,
          16.61674,
          16.617065,
          16.51002
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.329,
        "volume": 5250,
        "typical_volume": 4634.45,
        "trend": 16.319157,
        "fair_value": 14.137405,
        "relative_strength": -2.890567,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.512118,
        "energy": 6.431443,
        "activity_lines": [
          16.55062,
          16.578173,
          16.59306,
          16.513303
        ]
      },
      {
        "date": "2025-03-07",
        "close": 15.8406,
        "volume": 2700,
        "typical_volume": 4768.35,
        "trend": 16.34625,
        "fair_value": 14.147962,
        "relative_strength": -2.710007,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.656348,
        "energy": 28.055651,
        "activity_lines": [
          16.290813,
          16.450536,
          16.522079,
          16.482429
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.5368,
        "volume": 5898,
        "typical_volume": 4988.05,
        "trend": 16.345677,
        "fair_value": 14.153867,
        "relative_strength": -2.27079,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.052457,
        "energy": 58.037755,
        "activity_lines": [
          15.990613,
          16.27774,
          16.425351,
          16.430206
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.6357,
        "volume": 397,
        "typical_volume": 4462.75,
        "trend": 16.33765,
        "fair_value": 14.159206,
        "relative_strength": -2.070531,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.828483,
        "energy": 72.671568,
        "activity_lines": [
          15.801287,
          16.138698,
          16.34147,
          16.384401
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.4928,
        "volume": 1084,
        "typical_volume": 4418.65,
        "trend": 16.325187,
        "fair_value": 14.163362,
        "relative_strength": -1.42973,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.0043,
        "energy": 76.332486,
        "activity_lines": [
          15.641827,
          15.982205,
          16.246293,
          16.329895
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.3291,
        "volume": 1255,
        "typical_volume": 3499.0,
        "trend": 16.297017,
        "fair_value": 14.161831,
        "relative_strength": 0.308691,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.559922,
        "energy": 96.419541,
        "activity_lines": [
          15.162533,
          15.634042,
          16.046979,
          16.201115
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.9102,
        "volume": 6754,
        "typical_volume": 3607.85,
        "trend": 16.267863,
        "fair_value": 14.164741,
        "relative_strength": -1.154837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.827903,
        "energy": 85.815993,
        "activity_lines": [
          15.010267,
          15.437076,
          15.912838,
          16.111643
        ]
      },
      {
        "date": "2025-04-18",
        "close": 14.7759,
        "volume": 2236,
        "typical_volume": 3485.45,
        "trend": 16.22521,
        "fair_value": 14.169647,
        "relative_strength": -0.566482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.218661,
        "energy": 84.952711,
        "activity_lines": [
          14.87526,
          15.249211,
          15.775338,
          16.015387
        ]
      },
      {
        "date": "2025-04-25",
        "close": 15.2064,
        "volume": 1851,
        "typical_volume": 3144.7,
        "trend": 16.19463,
        "fair_value": 14.180621,
        "relative_strength": -2.078987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.359449,
        "energy": 61.558157,
        "activity_lines": [
          14.93448,
          15.1747,
          15.689648,
          15.949657
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.5898,
        "volume": 1424,
        "typical_volume": 3167.05,
        "trend": 16.175577,
        "fair_value": 14.193907,
        "relative_strength": -2.364906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.260522,
        "energy": 46.676266,
        "activity_lines": [
          15.15012,
          15.19884,
          15.649142,
          15.910636
        ]
      },
      {
        "date": "2025-05-09",
        "close": 15.705,
        "volume": 413,
        "typical_volume": 3095.7,
        "trend": 16.158013,
        "fair_value": 14.208443,
        "relative_strength": -1.136398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.546462,
        "energy": 29.178955,
        "activity_lines": [
          15.397693,
          15.260725,
          15.625535,
          15.880276
        ]
      },
      {
        "date": "2025-05-16",
        "close": 16.2499,
        "volume": 9590,
        "typical_volume": 3498.55,
        "trend": 16.149347,
        "fair_value": 14.228735,
        "relative_strength": -2.729697,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.16555,
        "energy": 21.967842,
        "activity_lines": [
          15.735173,
          15.433029,
          15.656724,
          15.886205
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.9322,
        "volume": 5442,
        "typical_volume": 3726.85,
        "trend": 16.13853,
        "fair_value": 14.242007,
        "relative_strength": -2.055886,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.495836,
        "energy": 25.413113,
        "activity_lines": [
          15.87744,
          15.540127,
          15.658346,
          15.872195
        ]
      },
      {
        "date": "2025-05-30",
        "close": 16.0552,
        "volume": 10503,
        "typical_volume": 4108.35,
        "trend": 16.136323,
        "fair_value": 14.257356,
        "relative_strength": -2.910294,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -10.834295,
        "energy": 24.139117,
        "activity_lines": [
          15.98362,
          15.6624,
          15.67393,
          15.866819
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.3448,
        "volume": 15388,
        "typical_volume": 4754.05,
        "trend": 16.117883,
        "fair_value": 14.277905,
        "relative_strength": -2.68871,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 28.57399,
        "energy": 33.402236,
        "activity_lines": [
          16.129747,
          15.8297,
          15.717332,
          15.880269
        ]
      },
      {
        "date": "2025-06-13",
        "close": 16.3026,
        "volume": 1646,
        "typical_volume": 4676.1,
        "trend": 16.114857,
        "fair_value": 14.302896,
        "relative_strength": -2.541517,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.472146,
        "energy": 37.215302,
        "activity_lines": [
          16.211473,
          15.973836,
          15.757873,
          15.892186
        ]
      },
      {
        "date": "2025-06-20",
        "close": 16.2756,
        "volume": 174,
        "typical_volume": 4531.5,
        "trend": 16.094347,
        "fair_value": 14.32344,
        "relative_strength": -2.492251,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.929203,
        "energy": 43.794809,
        "activity_lines": [
          16.24436,
          16.077182,
          15.798372,
          15.902557
        ]
      },
      {
        "date": "2025-06-27",
        "close": 16.6641,
        "volume": 3231,
        "typical_volume": 4337.85,
        "trend": 16.081617,
        "fair_value": 14.348808,
        "relative_strength": -3.438565,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.270832,
        "energy": 55.715408,
        "activity_lines": [
          16.405033,
          16.226338,
          15.878149,
          15.939315
        ]
      },
      {
        "date": "2025-07-04",
        "close": 17.04,
        "volume": 2265,
        "typical_volume": 4157.9,
        "trend": 16.082043,
        "fair_value": 14.375133,
        "relative_strength": -2.858947,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.527388,
        "energy": 70.776173,
        "activity_lines": [
          16.642213,
          16.409509,
          15.993921,
          16.001146
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.0745,
        "volume": 1433,
        "typical_volume": 3946.7,
        "trend": 16.090047,
        "fair_value": 14.402957,
        "relative_strength": -2.329763,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.861332,
        "energy": 83.024374,
        "activity_lines": [
          16.82524,
          16.565615,
          16.111829,
          16.065176
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.0586,
        "volume": 3559,
        "typical_volume": 3862.15,
        "trend": 16.11486,
        "fair_value": 14.428851,
        "relative_strength": -2.944503,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 76.754241,
        "energy": 90.557031,
        "activity_lines": [
          16.95432,
          16.691835,
          16.225551,
          16.127663
        ]
      },
      {
        "date": "2025-07-25",
        "close": 17.2211,
        "volume": 4370,
        "typical_volume": 3945.65,
        "trend": 16.142403,
        "fair_value": 14.451769,
        "relative_strength": -3.3639,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.298412,
        "energy": 92.364081,
        "activity_lines": [
          17.087167,
          16.822989,
          16.351276,
          16.199033
        ]
      },
      {
        "date": "2025-08-01",
        "close": 16.7524,
        "volume": 2406,
        "typical_volume": 3771.05,
        "trend": 16.154007,
        "fair_value": 14.47154,
        "relative_strength": -3.553263,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.381789,
        "energy": 85.644882,
        "activity_lines": [
          17.000747,
          16.851267,
          16.425789,
          16.238388
        ]
      },
      {
        "date": "2025-08-08",
        "close": 17.0646,
        "volume": 5918,
        "typical_volume": 4047.1,
        "trend": 16.185997,
        "fair_value": 14.490362,
        "relative_strength": -4.023035,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.498274,
        "energy": 69.152162,
        "activity_lines": [
          17.012507,
          16.921396,
          16.524247,
          16.297136
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17.1678,
        "volume": 4475,
        "typical_volume": 4216.65,
        "trend": 16.205327,
        "fair_value": 14.51189,
        "relative_strength": -4.268036,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.908935,
        "energy": 66.055663,
        "activity_lines": [
          17.057027,
          16.991936,
          16.625729,
          16.360478
        ]
      },
      {
        "date": "2025-08-22",
        "close": 17.3897,
        "volume": 3309,
        "typical_volume": 4319.35,
        "trend": 16.22385,
        "fair_value": 14.537914,
        "relative_strength": -3.201694,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.201476,
        "energy": 68.060226,
        "activity_lines": [
          17.169293,
          17.087858,
          16.740368,
          16.436889
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17.3722,
        "volume": 2055,
        "typical_volume": 4084.4,
        "trend": 16.244467,
        "fair_value": 14.566176,
        "relative_strength": -3.155327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.790126,
        "energy": 71.6479,
        "activity_lines": [
          17.253653,
          17.160833,
          16.838766,
          16.510976
        ]
      },
      {
        "date": "2025-09-05",
        "close": 17.5227,
        "volume": 822,
        "typical_volume": 4013.7,
        "trend": 16.27171,
        "fair_value": 14.592333,
        "relative_strength": -2.555377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.941245,
        "energy": 63.051226,
        "activity_lines": [
          17.378107,
          17.241233,
          16.939773,
          16.593443
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17.7515,
        "volume": 2554,
        "typical_volume": 4048.85,
        "trend": 16.303487,
        "fair_value": 14.623801,
        "relative_strength": -2.713636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.433705,
        "energy": 66.205441,
        "activity_lines": [
          17.527473,
          17.347622,
          17.049491,
          16.688913
        ]
      },
      {
        "date": "2025-09-19",
        "close": 17.8927,
        "volume": 8097,
        "typical_volume": 4382.5,
        "trend": 16.34945,
        "fair_value": 14.659034,
        "relative_strength": -3.026658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.594707,
        "energy": 66.257214,
        "activity_lines": [
          17.678113,
          17.466747,
          17.160538,
          16.791443
        ]
      },
      {
        "date": "2025-09-26",
        "close": 17.8594,
        "volume": 4868,
        "typical_volume": 4605.25,
        "trend": 16.400463,
        "fair_value": 14.694724,
        "relative_strength": -2.826582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.103092,
        "energy": 63.748607,
        "activity_lines": [
          17.769327,
          17.564942,
          17.257446,
          16.888859
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17.96,
        "volume": 1242,
        "typical_volume": 4187.85,
        "trend": 16.47111,
        "fair_value": 14.731487,
        "relative_strength": -3.243772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.219468,
        "energy": 63.074718,
        "activity_lines": [
          17.86276,
          17.666867,
          17.353677,
          16.989475
        ]
      },
      {
        "date": "2025-10-10",
        "close": 17.7911,
        "volume": 453,
        "typical_volume": 3938.4,
        "trend": 16.546253,
        "fair_value": 14.768169,
        "relative_strength": -1.70238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.154895,
        "energy": 55.577199,
        "activity_lines": [
          17.860707,
          17.724649,
          17.425678,
          17.074635
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18.1199,
        "volume": 4718,
        "typical_volume": 3649.15,
        "trend": 16.62906,
        "fair_value": 14.803247,
        "relative_strength": -1.509449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.611888,
        "energy": 56.292162,
        "activity_lines": [
          17.95036,
          17.823327,
          17.520142,
          17.176161
        ]
      },
      {
        "date": "2025-10-24",
        "close": 18.2642,
        "volume": 4638,
        "typical_volume": 3111.65,
        "trend": 16.72144,
        "fair_value": 14.837388,
        "relative_strength": -2.512227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.834997,
        "energy": 56.638561,
        "activity_lines": [
          18.063553,
          17.929055,
          17.618517,
          17.281654
        ]
      },
      {
        "date": "2025-10-31",
        "close": 18.1711,
        "volume": 3939,
        "typical_volume": 3226.3,
        "trend": 16.849507,
        "fair_value": 14.873342,
        "relative_strength": -3.563636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.646921,
        "energy": 53.421704,
        "activity_lines": [
          18.120947,
          17.99792,
          17.698885,
          17.37518
        ]
      },
      {
        "date": "2025-11-07",
        "close": 17.9669,
        "volume": 198,
        "typical_volume": 3227.5,
        "trend": 16.951397,
        "fair_value": 14.903865,
        "relative_strength": -2.948844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.78024,
        "energy": 49.073771,
        "activity_lines": [
          18.089493,
          18.015451,
          17.750908,
          17.44727
        ]
      },
      {
        "date": "2025-11-14",
        "close": 17.8991,
        "volume": 1863,
        "typical_volume": 3159.1,
        "trend": 17.055503,
        "fair_value": 14.93435,
        "relative_strength": -3.339519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.585346,
        "energy": 41.756483,
        "activity_lines": [
          18.03498,
          18.009842,
          17.78842,
          17.508412
        ]
      },
      {
        "date": "2025-11-21",
        "close": 17.6405,
        "volume": 678,
        "typical_volume": 3079.75,
        "trend": 17.13664,
        "fair_value": 14.961981,
        "relative_strength": -2.739664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.134117,
        "energy": 26.033293,
        "activity_lines": [
          17.887067,
          17.950371,
          17.795422,
          17.546154
        ]
      },
      {
        "date": "2025-11-28",
        "close": 18.3841,
        "volume": 7467,
        "typical_volume": 3381.45,
        "trend": 17.229783,
        "fair_value": 14.992792,
        "relative_strength": -2.134543,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.19287,
        "energy": 31.168788,
        "activity_lines": [
          18.01898,
          18.028118,
          17.870384,
          17.626635
        ]
      },
      {
        "date": "2025-12-05",
        "close": 18.4731,
        "volume": 1494,
        "typical_volume": 3278.2,
        "trend": 17.322053,
        "fair_value": 15.026939,
        "relative_strength": -1.893685,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.087262,
        "energy": 46.417077,
        "activity_lines": [
          18.172567,
          18.113113,
          17.947586,
          17.706849
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.5833,
        "volume": 807,
        "typical_volume": 3100.05,
        "trend": 17.399833,
        "fair_value": 15.063605,
        "relative_strength": -0.674053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.726588,
        "energy": 64.772898,
        "activity_lines": [
          18.342753,
          18.206985,
          18.028547,
          17.78822
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18.6899,
        "volume": 1565,
        "typical_volume": 3058.0,
        "trend": 17.491757,
        "fair_value": 15.101286,
        "relative_strength": -0.192763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.476469,
        "energy": 80.121161,
        "activity_lines": [
          18.50738,
          18.308907,
          18.113174,
          17.87145
        ]
      },
      {
        "date": "2025-12-26",
        "close": 19.1757,
        "volume": 377,
        "typical_volume": 2780.95,
        "trend": 17.595773,
        "fair_value": 15.142123,
        "relative_strength": 0.966534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.620438,
        "energy": 90.543617,
        "activity_lines": [
          18.78122,
          18.482815,
          18.234842,
          17.980092
        ]
      },
      {
        "date": "2026-01-02",
        "close": 18.8187,
        "volume": 5125,
        "typical_volume": 2813.45,
        "trend": 17.678237,
        "fair_value": 15.179562,
        "relative_strength": 0.15674,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.477007,
        "energy": 81.975725,
        "activity_lines": [
          18.833713,
          18.572616,
          18.312457,
          18.05899
        ]
      },
      {
        "date": "2026-01-09",
        "close": 19.3982,
        "volume": 1278,
        "typical_volume": 2711.9,
        "trend": 17.781423,
        "fair_value": 15.218813,
        "relative_strength": 1.628133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.696946,
        "energy": 92.002469,
        "activity_lines": [
          19.0504,
          18.7577,
          18.4374,
          18.169955
        ]
      },
      {
        "date": "2026-01-16",
        "close": 19.7186,
        "volume": 1417,
        "typical_volume": 2680.0,
        "trend": 17.89619,
        "fair_value": 15.260685,
        "relative_strength": 3.635839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.714493,
        "energy": 94.456025,
        "activity_lines": [
          19.312213,
          18.978727,
          18.583294,
          18.294935
        ]
      },
      {
        "date": "2026-01-23",
        "close": 20.0892,
        "volume": 3953,
        "typical_volume": 2836.55,
        "trend": 18.01036,
        "fair_value": 15.303556,
        "relative_strength": 5.871922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.413623,
        "energy": 95.140458,
        "activity_lines": [
          19.621873,
          19.235287,
          18.75331,
          18.436419
        ]
      },
      {
        "date": "2026-01-30",
        "close": 19.4664,
        "volume": 22460,
        "typical_volume": 3831.85,
        "trend": 18.09124,
        "fair_value": 15.341096,
        "relative_strength": 2.185802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.127549,
        "energy": 79.065639,
        "activity_lines": [
          19.630647,
          19.338791,
          18.85179,
          18.530357
        ]
      },
      {
        "date": "2026-02-06",
        "close": 19.6004,
        "volume": 375,
        "typical_volume": 3445.75,
        "trend": 18.175437,
        "fair_value": 15.381016,
        "relative_strength": 3.072436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.088607,
        "energy": 63.068284,
        "activity_lines": [
          19.664707,
          19.43346,
          18.954866,
          18.627722
        ]
      },
      {
        "date": "2026-02-13",
        "close": 19.4173,
        "volume": 1393,
        "typical_volume": 3272.0,
        "trend": 18.25406,
        "fair_value": 15.419772,
        "relative_strength": 3.39422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.066268,
        "energy": 55.74579,
        "activity_lines": [
          19.58562,
          19.472724,
          19.032371,
          18.707843
        ]
      },
      {
        "date": "2026-02-20",
        "close": 19.7735,
        "volume": 400,
        "typical_volume": 3229.9,
        "trend": 18.33914,
        "fair_value": 15.462831,
        "relative_strength": 4.057523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.614847,
        "energy": 51.604737,
        "activity_lines": [
          19.623993,
          19.559584,
          19.136382,
          18.805871
        ]
      },
      {
        "date": "2026-02-27",
        "close": 19.9433,
        "volume": 1222,
        "typical_volume": 3268.35,
        "trend": 18.445503,
        "fair_value": 15.505265,
        "relative_strength": 5.384082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.865834,
        "energy": 56.205241,
        "activity_lines": [
          19.715307,
          19.655676,
          19.247929,
          18.909365
        ]
      },
      {
        "date": "2026-03-06",
        "close": 19.2497,
        "volume": 1148,
        "typical_volume": 3089.85,
        "trend": 18.51834,
        "fair_value": 15.547362,
        "relative_strength": 3.719911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.279873,
        "energy": 37.617139,
        "activity_lines": [
          19.585147,
          19.602871,
          19.28317,
          18.961249
        ]
      },
      {
        "date": "2026-03-13",
        "close": 18.8859,
        "volume": 233,
        "typical_volume": 2869.6,
        "trend": 18.57561,
        "fair_value": 15.586881,
        "relative_strength": 3.267782,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.249311,
        "energy": 24.494871,
        "activity_lines": [
          19.348167,
          19.482575,
          19.278383,
          18.984962
        ]
      },
      {
        "date": "2026-03-20",
        "close": 18.1695,
        "volume": 516,
        "typical_volume": 2698.45,
        "trend": 18.601603,
        "fair_value": 15.621613,
        "relative_strength": 1.173794,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.424225,
        "energy": 15.290419,
        "activity_lines": [
          18.92002,
          19.230802,
          19.202408,
          18.958762
        ]
      },
      {
        "date": "2026-03-27",
        "close": 18.059,
        "volume": 1374,
        "typical_volume": 2757.25,
        "trend": 18.624497,
        "fair_value": 15.654203,
        "relative_strength": 2.83494,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.374588,
        "energy": 40.450624,
        "activity_lines": [
          18.538227,
          18.981278,
          19.115916,
          18.923755
        ]
      },
      {
        "date": "2026-04-03",
        "close": 18.5827,
        "volume": 1338,
        "typical_volume": 2731.0,
        "trend": 18.65983,
        "fair_value": 15.690363,
        "relative_strength": 2.334205,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.083366,
        "energy": 36.500566,
        "activity_lines": [
          18.4453,
          18.857147,
          19.078861,
          18.921058
        ]
      },
      {
        "date": "2026-04-10",
        "close": 19.1845,
        "volume": 2480,
        "typical_volume": 2821.1,
        "trend": 18.707597,
        "fair_value": 15.729992,
        "relative_strength": 1.974826,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.116785,
        "energy": 27.628192,
        "activity_lines": [
          18.64368,
          18.869825,
          19.095866,
          18.954908
        ]
      },
      {
        "date": "2026-04-17",
        "close": 19.9518,
        "volume": 7132,
        "typical_volume": 2804.35,
        "trend": 18.776233,
        "fair_value": 15.774459,
        "relative_strength": 1.492431,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 47.31228,
        "energy": 19.038192,
        "activity_lines": [
          19.102173,
          19.027138,
          19.178595,
          19.035179
        ]
      },
      {
        "date": "2026-04-24",
        "close": 19.8303,
        "volume": 5922,
        "typical_volume": 3025.75,
        "trend": 18.84193,
        "fair_value": 15.818083,
        "relative_strength": 0.348393,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 52.601988,
        "energy": 37.870859,
        "activity_lines": [
          19.449107,
          19.155971,
          19.242287,
          19.103184
        ]
      },
      {
        "date": "2026-05-01",
        "close": 19.8935,
        "volume": 805,
        "typical_volume": 3025.65,
        "trend": 18.90638,
        "fair_value": 15.862274,
        "relative_strength": -0.254047,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.374475,
        "energy": 48.849682,
        "activity_lines": [
          19.706387,
          19.288785,
          19.305535,
          19.171027
        ]
      },
      {
        "date": "2026-05-08",
        "close": 20.3639,
        "volume": 388,
        "typical_volume": 2966.8,
        "trend": 18.99214,
        "fair_value": 15.910196,
        "relative_strength": -0.207035,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 78.10254,
        "energy": 77.585558,
        "activity_lines": [
          19.998167,
          19.504945,
          19.407344,
          19.26506
        ]
      },
      {
        "date": "2026-05-15",
        "close": 20.0648,
        "volume": 724,
        "typical_volume": 2984.15,
        "trend": 19.05697,
        "fair_value": 15.955977,
        "relative_strength": -1.843736,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.762465,
        "energy": 74.527508,
        "activity_lines": [
          20.0715,
          19.659076,
          19.472696,
          19.334264
        ]
      },
      {
        "date": "2026-05-22",
        "close": 20.1992,
        "volume": 4189,
        "typical_volume": 2937.35,
        "trend": 19.12147,
        "fair_value": 16.002831,
        "relative_strength": -1.993421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.808039,
        "energy": 73.522314,
        "activity_lines": [
          20.130947,
          19.822824,
          19.546614,
          19.407957
        ]
      },
      {
        "date": "2026-05-29",
        "close": 20.4262,
        "volume": 1444,
        "typical_volume": 2945.65,
        "trend": 19.19664,
        "fair_value": 16.049858,
        "relative_strength": -2.27471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.909702,
        "energy": 71.486995,
        "activity_lines": [
          20.249567,
          20.003965,
          19.635577,
          19.492133
        ]
      },
      {
        "date": "2026-06-05",
        "close": 19.8426,
        "volume": 236,
        "typical_volume": 2886.6,
        "trend": 19.259163,
        "fair_value": 16.092544,
        "relative_strength": -2.583492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.875462,
        "energy": 45.378543,
        "activity_lines": [
          20.133927,
          20.037967,
          19.664064,
          19.533808
        ]
      },
      {
        "date": "2026-06-12",
        "close": 20.0093,
        "volume": 2853,
        "typical_volume": 2831.6,
        "trend": 19.329503,
        "fair_value": 16.134817,
        "relative_strength": -2.277429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.464328,
        "energy": 39.596059,
        "activity_lines": [
          20.077247,
          20.069849,
          19.707837,
          19.582203
        ]
      },
      {
        "date": "2026-06-19",
        "close": 20.0423,
        "volume": 325,
        "typical_volume": 1724.85,
        "trend": 19.409563,
        "fair_value": 16.178814,
        "relative_strength": -2.960254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.468489,
        "energy": 32.48871,
        "activity_lines": [
          20.055207,
          20.081793,
          19.755133,
          19.62819
        ]
      },
      {
        "date": "2026-06-26",
        "close": 19.6305,
        "volume": 312,
        "typical_volume": 1721.7,
        "trend": 19.45111,
        "fair_value": 16.218189,
        "relative_strength": -2.607925,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.151099,
        "energy": 19.8688,
        "activity_lines": [
          19.8974,
          20.003267,
          19.760468,
          19.642444
        ]
      },
      {
        "date": "2026-07-03",
        "close": 19.8353,
        "volume": 177,
        "typical_volume": 1660.9,
        "trend": 19.496517,
        "fair_value": 16.259881,
        "relative_strength": -3.616663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.71339,
        "energy": 18.88407,
        "activity_lines": [
          19.845773,
          19.96782,
          19.785164,
          19.667231
        ]
      },
      {
        "date": "2026-07-10",
        "close": 19.8892,
        "volume": 4594,
        "typical_volume": 1870.6,
        "trend": 19.540047,
        "fair_value": 16.299452,
        "relative_strength": -4.567854,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.160504,
        "energy": 17.993462,
        "activity_lines": [
          19.851507,
          19.942082,
          19.813003,
          19.692565
        ]
      },
      {
        "date": "2026-07-17",
        "close": 19.613,
        "volume": 3832,
        "typical_volume": 2001.1,
        "trend": 19.570817,
        "fair_value": 16.336814,
        "relative_strength": -4.343876,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.511661,
        "energy": 17.240242,
        "activity_lines": [
          19.762067,
          19.866204,
          19.813987,
          19.697272
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.601,
        "volume": 73,
        "typical_volume": 1947.35,
        "trend": 19.584993,
        "fair_value": 16.373326,
        "relative_strength": -3.784471,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.079294,
        "energy": 10.131021,
        "activity_lines": [
          19.695047,
          19.801796,
          19.8154,
          19.699219
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.56,
        "volume": 15652,
        "typical_volume": 2718.3,
        "trend": 19.609703,
        "fair_value": 16.411515,
        "relative_strength": -4.956571,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.910404,
        "energy": 11.47411,
        "activity_lines": [
          19.64378,
          19.738367,
          19.811236,
          19.697607
        ]
      },
      {
        "date": "2026-08-07",
        "close": 20.4458,
        "volume": 1032,
        "typical_volume": 2744.1,
        "trend": 19.644623,
        "fair_value": 16.455941,
        "relative_strength": -3.97975,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.56302,
        "energy": 22.693089,
        "activity_lines": [
          19.89248,
          19.847615,
          19.888223,
          19.751548
        ]
      }
    ],
    "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."
    }
  }
}