{
  "ticker": {
    "uuid": "a92e2e6b-d0db-4386-b466-678293ee146c",
    "symbol": "EXC",
    "name": "Exelon Corporation",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 63.308,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": -9.108,
    "architecture_energy": 7.163,
    "architecture_maturity": 24.619,
    "architecture_confidence": 45.404,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 60.12,
        "rotation_up": 26.42,
        "upward_expansion": 26.42,
        "deceleration": 61.84,
        "rotation_down": 41.27,
        "downward_expansion": 28.75
      },
      "activity_lines": [
        46.216,
        46.508,
        46.220878,
        46.373944
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 45.61,
    "trend_reference": 46.290559,
    "distance_from_trend": -0.014702,
    "trend_direction": "Improving",
    "fair_value": 39.520626,
    "distance_from_fair_value": 0.154081,
    "fair_value_direction": "Improving",
    "relative_strength": -12.080122,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.047428,
    "excess_performance": -0.140026,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.014702,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.019484,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.154081,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.029402,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.120801,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.063684,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.047428,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.853947,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 37448185,
      "relative_activity": 0.919969,
      "balance": 0.853947,
      "dry_up": 1.057219,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.046298,
      "annualized_volatility": 0.243908,
      "from_high_reference": -0.091032,
      "from_low_reference": 0.100071
    },
    "levels": {
      "trend_reference": 46.290559,
      "fair_value_reference": 39.520626,
      "structural_low": 42.861642,
      "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": 17,
        "median_return": -0.000475,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.411765,
        "median_excess_return": 0.007589,
        "regime_survival": 0.529412,
        "best_return": 0.085062,
        "worst_return": -0.150181,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.00021,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.034625,
        "regime_survival": 0.375,
        "best_return": 0.074008,
        "worst_return": -0.163463,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.058773,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.132902,
        "regime_survival": 0.25,
        "best_return": 0.168457,
        "worst_return": -0.119534,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.034288,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.223826,
        "regime_survival": 0.5,
        "best_return": 0.009496,
        "worst_return": -0.078072,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-09",
        "end": "2024-11-01",
        "tenure": "Established",
        "return": 0.028358,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-08",
        "end": "2025-01-31",
        "tenure": "Established",
        "return": 0.05976,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": 0.076669,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-30",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.026445,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.03403,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.085062,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.034061,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.067912,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-09",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.033025,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": 0.084657,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": -0.052007,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.01207,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-22",
        "end": "2026-06-12",
        "tenure": "New",
        "return": 0.008974,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.004366,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 35.720621,
        "volume": 22698099,
        "typical_volume": 29033816.9,
        "trend": 36.309389,
        "fair_value": 32.204048,
        "relative_strength": -14.763113,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.295552,
        "energy": 23.153104,
        "activity_lines": [
          35.9599,
          36.22962,
          36.188786,
          36.274518
        ]
      },
      {
        "date": "2023-08-25",
        "close": 35.97953,
        "volume": 20638201,
        "typical_volume": 28791439.8,
        "trend": 36.30011,
        "fair_value": 32.297846,
        "relative_strength": -15.152083,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.450941,
        "energy": 26.680669,
        "activity_lines": [
          35.857288,
          36.177662,
          36.149756,
          36.253236
        ]
      },
      {
        "date": "2023-09-01",
        "close": 35.702765,
        "volume": 21419704,
        "typical_volume": 28061182.35,
        "trend": 36.304507,
        "fair_value": 32.389685,
        "relative_strength": -18.35748,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.664021,
        "energy": 36.80234,
        "activity_lines": [
          35.773794,
          36.084199,
          36.092921,
          36.214698
        ]
      },
      {
        "date": "2023-09-08",
        "close": 36.229512,
        "volume": 18655176,
        "typical_volume": 27887474.8,
        "trend": 36.331971,
        "fair_value": 32.489556,
        "relative_strength": -15.585322,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.730402,
        "energy": 27.735147,
        "activity_lines": [
          35.945567,
          36.0788,
          36.092238,
          36.20986
        ]
      },
      {
        "date": "2023-09-15",
        "close": 37.1848,
        "volume": 27158679,
        "typical_volume": 27684684.65,
        "trend": 36.323441,
        "fair_value": 32.598358,
        "relative_strength": -12.516719,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.513028,
        "energy": 8.677415,
        "activity_lines": [
          36.375335,
          36.243799,
          36.190566,
          36.264881
        ]
      },
      {
        "date": "2023-09-22",
        "close": 35.899179,
        "volume": 23156013,
        "typical_volume": 27308330.15,
        "trend": 36.311773,
        "fair_value": 32.697256,
        "relative_strength": -12.168576,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.501398,
        "energy": 14.110958,
        "activity_lines": [
          36.287246,
          36.157929,
          36.166677,
          36.237509
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.738622,
        "volume": 27730355,
        "typical_volume": 27171530.85,
        "trend": 36.226332,
        "fair_value": 32.780753,
        "relative_strength": -17.154172,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.777696,
        "energy": 34.61138,
        "activity_lines": [
          35.467068,
          35.70254,
          35.94508,
          36.071499
        ]
      },
      {
        "date": "2023-10-06",
        "close": 33.997531,
        "volume": 35938430,
        "typical_volume": 26923044.05,
        "trend": 36.184613,
        "fair_value": 32.853866,
        "relative_strength": -17.628119,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.221297,
        "energy": 54.558767,
        "activity_lines": [
          34.882586,
          35.365344,
          35.763396,
          35.927706
        ]
      },
      {
        "date": "2023-10-13",
        "close": 35.667053,
        "volume": 27840189,
        "typical_volume": 26449721.4,
        "trend": 36.141228,
        "fair_value": 32.927004,
        "relative_strength": -13.364674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.123719,
        "energy": 50.045932,
        "activity_lines": [
          34.968294,
          35.384434,
          35.746815,
          35.894315
        ]
      },
      {
        "date": "2023-10-20",
        "close": 35.086738,
        "volume": 26908467,
        "typical_volume": 26263520.3,
        "trend": 36.134061,
        "fair_value": 32.996016,
        "relative_strength": -11.955476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.05323,
        "energy": 52.768989,
        "activity_lines": [
          34.898061,
          35.291756,
          35.671095,
          35.826283
        ]
      },
      {
        "date": "2023-10-27",
        "close": 34.310009,
        "volume": 29891477,
        "typical_volume": 26110592.25,
        "trend": 36.052753,
        "fair_value": 33.068583,
        "relative_strength": -11.280631,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.663556,
        "energy": 45.548929,
        "activity_lines": [
          34.708789,
          35.071642,
          35.521556,
          35.708602
        ]
      },
      {
        "date": "2023-11-03",
        "close": 36.211656,
        "volume": 31242041,
        "typical_volume": 26095866.25,
        "trend": 36.000619,
        "fair_value": 33.142442,
        "relative_strength": -11.712065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.138832,
        "energy": 13.03512,
        "activity_lines": [
          35.259344,
          35.222929,
          35.558625,
          35.718854
        ]
      },
      {
        "date": "2023-11-10",
        "close": 35.202801,
        "volume": 26266130,
        "typical_volume": 26398310.95,
        "trend": 35.942052,
        "fair_value": 33.208235,
        "relative_strength": -16.235412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.661268,
        "energy": 15.50843,
        "activity_lines": [
          35.308746,
          35.186568,
          35.500815,
          35.667382
        ]
      },
      {
        "date": "2023-11-17",
        "close": 35.09047,
        "volume": 39885545,
        "typical_volume": 27070202.75,
        "trend": 35.847866,
        "fair_value": 33.277111,
        "relative_strength": -17.762774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.975891,
        "energy": 15.104026,
        "activity_lines": [
          35.240352,
          35.138874,
          35.43267,
          35.612441
        ]
      },
      {
        "date": "2023-11-24",
        "close": 35.306689,
        "volume": 21507745,
        "typical_volume": 27194543.05,
        "trend": 35.783697,
        "fair_value": 33.347857,
        "relative_strength": -17.539206,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.311991,
        "energy": 14.577283,
        "activity_lines": [
          35.28247,
          35.151202,
          35.389679,
          35.577527
        ]
      },
      {
        "date": "2023-12-01",
        "close": 35.126507,
        "volume": 36761234,
        "typical_volume": 27814283.1,
        "trend": 35.701532,
        "fair_value": 33.420467,
        "relative_strength": -17.560389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.593214,
        "energy": 15.76034,
        "activity_lines": [
          35.249864,
          35.164917,
          35.333987,
          35.535127
        ]
      },
      {
        "date": "2023-12-08",
        "close": 35.324707,
        "volume": 38209595,
        "typical_volume": 27723009.4,
        "trend": 35.647614,
        "fair_value": 33.493379,
        "relative_strength": -17.004011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.054256,
        "energy": 14.042805,
        "activity_lines": [
          35.228891,
          35.228717,
          35.306956,
          35.510816
        ]
      },
      {
        "date": "2023-12-15",
        "close": 31.973319,
        "volume": 86728833,
        "typical_volume": 30734438.05,
        "trend": 35.537433,
        "fair_value": 33.539663,
        "relative_strength": -26.603726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.521277,
        "energy": 49.794994,
        "activity_lines": [
          34.149919,
          34.654335,
          34.971818,
          35.273765
        ]
      },
      {
        "date": "2023-12-22",
        "close": 31.76611,
        "volume": 64243304,
        "typical_volume": 32530715.7,
        "trend": 35.434502,
        "fair_value": 33.587378,
        "relative_strength": -26.942209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.481026,
        "energy": 66.408231,
        "activity_lines": [
          33.217177,
          34.079083,
          34.640398,
          35.030454
        ]
      },
      {
        "date": "2023-12-29",
        "close": 32.342693,
        "volume": 21230691,
        "typical_volume": 32405495.4,
        "trend": 35.341942,
        "fair_value": 33.637335,
        "relative_strength": -25.006604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.328275,
        "energy": 70.608164,
        "activity_lines": [
          32.698252,
          33.679591,
          34.380827,
          34.830982
        ]
      },
      {
        "date": "2024-01-05",
        "close": 32.712066,
        "volume": 24791418,
        "typical_volume": 32510161.35,
        "trend": 35.250192,
        "fair_value": 33.689697,
        "relative_strength": -20.844139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.140345,
        "energy": 72.392557,
        "activity_lines": [
          32.500052,
          33.397149,
          34.173113,
          34.661313
        ]
      },
      {
        "date": "2024-01-12",
        "close": 32.495847,
        "volume": 28448333,
        "typical_volume": 32900667.95,
        "trend": 35.117905,
        "fair_value": 33.736386,
        "relative_strength": -23.033006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.340635,
        "energy": 68.990248,
        "activity_lines": [
          32.390741,
          33.104448,
          33.959133,
          34.483613
        ]
      },
      {
        "date": "2024-01-19",
        "close": 31.56791,
        "volume": 30022651,
        "typical_volume": 33330815.3,
        "trend": 34.994211,
        "fair_value": 33.780184,
        "relative_strength": -26.52316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.153335,
        "energy": 64.184054,
        "activity_lines": [
          32.160709,
          32.710592,
          33.673367,
          34.254581
        ]
      },
      {
        "date": "2024-01-26",
        "close": 31.540882,
        "volume": 36343503,
        "typical_volume": 34215231.65,
        "trend": 34.843954,
        "fair_value": 33.827461,
        "relative_strength": -26.364091,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.582968,
        "energy": 55.701388,
        "activity_lines": [
          31.948694,
          32.37791,
          33.404716,
          34.031786
        ]
      },
      {
        "date": "2024-02-02",
        "close": 30.946281,
        "volume": 36721314,
        "typical_volume": 34693363.4,
        "trend": 34.667389,
        "fair_value": 33.863024,
        "relative_strength": -28.013733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.802482,
        "energy": 66.189327,
        "activity_lines": [
          31.553495,
          32.001657,
          33.101764,
          33.780323
        ]
      },
      {
        "date": "2024-02-09",
        "close": 30.486817,
        "volume": 32183536,
        "typical_volume": 35144739.55,
        "trend": 34.444244,
        "fair_value": 33.901122,
        "relative_strength": -29.723622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.336428,
        "energy": 73.313473,
        "activity_lines": [
          31.098235,
          31.621145,
          32.784761,
          33.510608
        ]
      },
      {
        "date": "2024-02-16",
        "close": 31.450791,
        "volume": 36736992,
        "typical_volume": 35595071.4,
        "trend": 34.237599,
        "fair_value": 33.948493,
        "relative_strength": -25.659545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.610931,
        "energy": 64.151324,
        "activity_lines": [
          31.112649,
          31.500259,
          32.585337,
          33.317482
        ]
      },
      {
        "date": "2024-02-23",
        "close": 32.549902,
        "volume": 30872888,
        "typical_volume": 35341794.3,
        "trend": 34.092662,
        "fair_value": 34.013271,
        "relative_strength": -23.397741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.711255,
        "energy": 43.31481,
        "activity_lines": [
          31.563105,
          31.649647,
          32.501486,
          33.208599
        ]
      },
      {
        "date": "2024-03-01",
        "close": 32.315665,
        "volume": 35077924,
        "typical_volume": 35703681.05,
        "trend": 33.992418,
        "fair_value": 34.071245,
        "relative_strength": -24.720102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.701609,
        "energy": 30.043169,
        "activity_lines": [
          31.870015,
          31.745962,
          32.402219,
          33.093954
        ]
      },
      {
        "date": "2024-03-08",
        "close": 33.654184,
        "volume": 33329948,
        "typical_volume": 36024755.1,
        "trend": 33.919389,
        "fair_value": 34.126698,
        "relative_strength": -19.682119,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.475007,
        "energy": 19.136117,
        "activity_lines": [
          32.571446,
          32.075653,
          32.44639,
          33.072132
        ]
      },
      {
        "date": "2024-03-15",
        "close": 33.217117,
        "volume": 51780626,
        "typical_volume": 37119212.55,
        "trend": 33.835938,
        "fair_value": 34.177919,
        "relative_strength": -19.053821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.298351,
        "energy": 24.534973,
        "activity_lines": [
          32.946661,
          32.302031,
          32.455757,
          33.026824
        ]
      },
      {
        "date": "2024-03-22",
        "close": 33.417439,
        "volume": 31746807,
        "typical_volume": 37144450.85,
        "trend": 33.750535,
        "fair_value": 34.228317,
        "relative_strength": -20.304002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.477764,
        "energy": 19.916238,
        "activity_lines": [
          33.20663,
          32.555649,
          32.489406,
          32.999824
        ]
      },
      {
        "date": "2024-03-29",
        "close": 34.209624,
        "volume": 25108270,
        "typical_volume": 37086557.85,
        "trend": 33.700764,
        "fair_value": 34.282363,
        "relative_strength": -17.332357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 14.368275,
        "energy": 29.642036,
        "activity_lines": [
          33.599551,
          32.936545,
          32.611807,
          33.029443
        ]
      },
      {
        "date": "2024-04-05",
        "close": 34.000196,
        "volume": 23249986,
        "typical_volume": 36254779.9,
        "trend": 33.626453,
        "fair_value": 34.331605,
        "relative_strength": -16.447598,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.628091,
        "energy": 44.188547,
        "activity_lines": [
          33.812014,
          33.231331,
          32.718993,
          33.048761
        ]
      },
      {
        "date": "2024-04-12",
        "close": 33.217117,
        "volume": 23894019,
        "typical_volume": 36374093.6,
        "trend": 33.494197,
        "fair_value": 34.370821,
        "relative_strength": -17.256025,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.346775,
        "energy": 30.599632,
        "activity_lines": [
          33.651149,
          33.339025,
          32.756791,
          33.022352
        ]
      },
      {
        "date": "2024-04-19",
        "close": 34.191413,
        "volume": 24105851,
        "typical_volume": 35741324.45,
        "trend": 33.437272,
        "fair_value": 34.420987,
        "relative_strength": -9.251573,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.998137,
        "energy": 33.218325,
        "activity_lines": [
          33.844187,
          33.582576,
          32.897329,
          33.067334
        ]
      },
      {
        "date": "2024-04-26",
        "close": 33.981985,
        "volume": 25334090,
        "typical_volume": 35097549.2,
        "trend": 33.445384,
        "fair_value": 34.469697,
        "relative_strength": -12.537494,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.755897,
        "energy": 23.017927,
        "activity_lines": [
          33.902463,
          33.720692,
          33.022375,
          33.102477
        ]
      },
      {
        "date": "2024-05-03",
        "close": 34.063935,
        "volume": 29340716,
        "typical_volume": 32228143.35,
        "trend": 33.447597,
        "fair_value": 34.519912,
        "relative_strength": -12.500983,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.438721,
        "energy": 23.815139,
        "activity_lines": [
          33.950419,
          33.827687,
          33.161619,
          33.142383
        ]
      },
      {
        "date": "2024-05-10",
        "close": 34.646691,
        "volume": 36968846,
        "typical_volume": 30864420.45,
        "trend": 33.413585,
        "fair_value": 34.570857,
        "relative_strength": -11.643759,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.771533,
        "energy": 32.557774,
        "activity_lines": [
          34.20234,
          34.013109,
          33.346409,
          33.219744
        ]
      },
      {
        "date": "2024-05-17",
        "close": 35.483657,
        "volume": 36104964,
        "typical_volume": 31608134.1,
        "trend": 33.426816,
        "fair_value": 34.624321,
        "relative_strength": -10.931115,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.290791,
        "energy": 51.095757,
        "activity_lines": [
          34.690149,
          34.308325,
          33.597193,
          33.353297
        ]
      },
      {
        "date": "2024-05-24",
        "close": 33.745344,
        "volume": 28630615,
        "typical_volume": 31800093.95,
        "trend": 33.407994,
        "fair_value": 34.669375,
        "relative_strength": -15.944194,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.502555,
        "energy": 34.334583,
        "activity_lines": [
          34.447418,
          34.254221,
          33.667466,
          33.373847
        ]
      },
      {
        "date": "2024-05-31",
        "close": 34.536322,
        "volume": 28746521,
        "typical_volume": 31815003.35,
        "trend": 33.352149,
        "fair_value": 34.717677,
        "relative_strength": -12.147681,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.694672,
        "energy": 44.581327,
        "activity_lines": [
          34.498085,
          34.334327,
          33.80815,
          33.446643
        ]
      },
      {
        "date": "2024-06-07",
        "close": 33.267078,
        "volume": 21264524,
        "typical_volume": 31377097.0,
        "trend": 33.287625,
        "fair_value": 34.75287,
        "relative_strength": -17.088095,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.273428,
        "energy": 21.988955,
        "activity_lines": [
          34.088714,
          34.163317,
          33.818237,
          33.441154
        ]
      },
      {
        "date": "2024-06-14",
        "close": 32.68764,
        "volume": 48041328,
        "typical_volume": 31961988.25,
        "trend": 33.207531,
        "fair_value": 34.793308,
        "relative_strength": -20.736563,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 14.32063,
        "energy": 15.783463,
        "activity_lines": [
          33.539322,
          33.904093,
          33.765048,
          33.402446
        ]
      },
      {
        "date": "2024-06-21",
        "close": 31.988636,
        "volume": 52894750,
        "typical_volume": 32770660.05,
        "trend": 33.096929,
        "fair_value": 34.82896,
        "relative_strength": -22.047906,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -25.692744,
        "energy": 26.21647,
        "activity_lines": [
          32.887531,
          33.541642,
          33.639827,
          33.323807
        ]
      },
      {
        "date": "2024-06-28",
        "close": 31.83228,
        "volume": 55393601,
        "typical_volume": 33931163.3,
        "trend": 32.987122,
        "fair_value": 34.861713,
        "relative_strength": -21.821609,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -29.857612,
        "energy": 35.862306,
        "activity_lines": [
          32.416623,
          33.173098,
          33.494751,
          33.242217
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.556357,
        "volume": 19568916,
        "typical_volume": 33072759.5,
        "trend": 32.86151,
        "fair_value": 34.893532,
        "relative_strength": -24.547122,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.093288,
        "energy": 55.064203,
        "activity_lines": [
          31.981278,
          32.79728,
          33.31699,
          33.14991
        ]
      },
      {
        "date": "2024-07-12",
        "close": 32.411717,
        "volume": 32095119,
        "typical_volume": 33133871.05,
        "trend": 32.876123,
        "fair_value": 34.926734,
        "relative_strength": -21.697884,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.792448,
        "energy": 51.079847,
        "activity_lines": [
          32.029718,
          32.621084,
          33.220189,
          33.120891
        ]
      },
      {
        "date": "2024-07-19",
        "close": 33.230288,
        "volume": 32275466,
        "typical_volume": 32993748.15,
        "trend": 32.924929,
        "fair_value": 34.963172,
        "relative_strength": -15.812823,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.878022,
        "energy": 24.64106,
        "activity_lines": [
          32.408038,
          32.62376,
          33.202005,
          33.14374
        ]
      },
      {
        "date": "2024-07-26",
        "close": 33.800528,
        "volume": 25433113,
        "typical_volume": 32598906.4,
        "trend": 32.973524,
        "fair_value": 35.002203,
        "relative_strength": -11.610056,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 12.350937,
        "energy": 8.707836,
        "activity_lines": [
          32.940262,
          32.755868,
          33.233774,
          33.20023
        ]
      },
      {
        "date": "2024-08-02",
        "close": 35.658408,
        "volume": 35629805,
        "typical_volume": 31791365.35,
        "trend": 33.071735,
        "fair_value": 35.050107,
        "relative_strength": -3.433937,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 60.545562,
        "energy": 39.644565,
        "activity_lines": [
          33.970987,
          33.256375,
          33.441787,
          33.373449
        ]
      },
      {
        "date": "2024-08-09",
        "close": 34.47194,
        "volume": 33539285,
        "typical_volume": 31880989.25,
        "trend": 33.137605,
        "fair_value": 35.086096,
        "relative_strength": -6.510074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.052111,
        "energy": 38.004852,
        "activity_lines": [
          34.351147,
          33.506378,
          33.525178,
          33.463784
        ]
      },
      {
        "date": "2024-08-16",
        "close": 34.947733,
        "volume": 35229476,
        "typical_volume": 32387049.55,
        "trend": 33.250266,
        "fair_value": 35.121272,
        "relative_strength": -9.561341,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.985541,
        "energy": 53.470417,
        "activity_lines": [
          34.695533,
          33.844059,
          33.648862,
          33.580567
        ]
      },
      {
        "date": "2024-08-23",
        "close": 35.114992,
        "volume": 21653579,
        "typical_volume": 32307229.2,
        "trend": 33.369403,
        "fair_value": 35.158552,
        "relative_strength": -9.505367,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.616416,
        "energy": 66.449475,
        "activity_lines": [
          34.926604,
          34.181593,
          33.78496,
          33.700872
        ]
      },
      {
        "date": "2024-08-30",
        "close": 35.393756,
        "volume": 22535097,
        "typical_volume": 32239283.1,
        "trend": 33.517652,
        "fair_value": 35.194827,
        "relative_strength": -7.613456,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.088143,
        "energy": 63.985097,
        "activity_lines": [
          35.124949,
          34.525678,
          33.942298,
          33.831475
        ]
      },
      {
        "date": "2024-09-06",
        "close": 35.49597,
        "volume": 25075151,
        "typical_volume": 32287748.1,
        "trend": 33.684624,
        "fair_value": 35.231413,
        "relative_strength": -1.207415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.079691,
        "energy": 62.387262,
        "activity_lines": [
          35.25115,
          34.826437,
          34.099006,
          33.959109
        ]
      },
      {
        "date": "2024-09-13",
        "close": 37.382274,
        "volume": 51736701,
        "typical_volume": 33607878.65,
        "trend": 33.88234,
        "fair_value": 35.280281,
        "relative_strength": -1.261137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.169131,
        "energy": 78.943025,
        "activity_lines": [
          36.016949,
          35.403547,
          34.42915,
          34.197667
        ]
      },
      {
        "date": "2024-09-20",
        "close": 37.419442,
        "volume": 46970556,
        "typical_volume": 34489370.65,
        "trend": 34.044658,
        "fair_value": 35.33176,
        "relative_strength": -2.066948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.080723,
        "energy": 80.412238,
        "activity_lines": [
          36.601115,
          35.881489,
          34.746642,
          34.425867
        ]
      },
      {
        "date": "2024-09-27",
        "close": 37.521656,
        "volume": 30050490,
        "typical_volume": 34143452.85,
        "trend": 34.218191,
        "fair_value": 35.389442,
        "relative_strength": -2.385522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.444339,
        "energy": 81.830554,
        "activity_lines": [
          37.054571,
          36.286966,
          35.05789,
          34.650189
        ]
      },
      {
        "date": "2024-10-04",
        "close": 37.36369,
        "volume": 32081277,
        "typical_volume": 33942268.5,
        "trend": 34.341841,
        "fair_value": 35.443968,
        "relative_strength": -2.502107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.640673,
        "energy": 79.517785,
        "activity_lines": [
          37.294928,
          36.585697,
          35.340403,
          34.853125
        ]
      },
      {
        "date": "2024-10-11",
        "close": 36.926959,
        "volume": 21608964,
        "typical_volume": 33591185.95,
        "trend": 34.465502,
        "fair_value": 35.49011,
        "relative_strength": -4.272123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.906793,
        "energy": 67.092091,
        "activity_lines": [
          37.258379,
          36.740237,
          35.57237,
          35.019907
        ]
      },
      {
        "date": "2024-10-18",
        "close": 38.051308,
        "volume": 32015255,
        "typical_volume": 33754622.65,
        "trend": 34.619965,
        "fair_value": 35.537719,
        "relative_strength": -1.026963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.48658,
        "energy": 65.223123,
        "activity_lines": [
          37.501213,
          37.07614,
          35.896268,
          35.251249
        ]
      },
      {
        "date": "2024-10-25",
        "close": 37.2336,
        "volume": 27653774,
        "typical_volume": 34074085.15,
        "trend": 34.720764,
        "fair_value": 35.572894,
        "relative_strength": -2.721683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.710335,
        "energy": 51.216744,
        "activity_lines": [
          37.426876,
          37.19829,
          36.125551,
          35.419871
        ]
      },
      {
        "date": "2024-11-01",
        "close": 35.449509,
        "volume": 38181199,
        "typical_volume": 33581078.7,
        "trend": 34.769074,
        "fair_value": 35.592998,
        "relative_strength": -5.260651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.862049,
        "energy": 32.979993,
        "activity_lines": [
          36.770232,
          36.954498,
          36.166032,
          35.466886
        ]
      },
      {
        "date": "2024-11-08",
        "close": 35.765442,
        "volume": 34468767,
        "typical_volume": 32659779.55,
        "trend": 34.854018,
        "fair_value": 35.612669,
        "relative_strength": -8.831403,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.295906,
        "energy": 24.757414,
        "activity_lines": [
          36.357041,
          36.762066,
          36.22345,
          35.531168
        ]
      },
      {
        "date": "2024-11-15",
        "close": 36.703921,
        "volume": 30226243,
        "typical_volume": 31401411.65,
        "trend": 34.937769,
        "fair_value": 35.6414,
        "relative_strength": -2.696952,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.624076,
        "energy": 23.556924,
        "activity_lines": [
          36.363227,
          36.733509,
          36.352262,
          35.650517
        ]
      },
      {
        "date": "2024-11-22",
        "close": 36.680424,
        "volume": 30527640,
        "typical_volume": 31949347.85,
        "trend": 35.027717,
        "fair_value": 35.670673,
        "relative_strength": -4.076676,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.583891,
        "energy": 23.228603,
        "activity_lines": [
          36.37645,
          36.678717,
          36.455638,
          35.762946
        ]
      },
      {
        "date": "2024-11-29",
        "close": 37.485858,
        "volume": 19239760,
        "typical_volume": 31306579.9,
        "trend": 35.141781,
        "fair_value": 35.707768,
        "relative_strength": -2.303594,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.858418,
        "energy": 27.81188,
        "activity_lines": [
          36.749543,
          36.783128,
          36.611322,
          35.921536
        ]
      },
      {
        "date": "2024-12-06",
        "close": 35.865514,
        "volume": 28124460,
        "typical_volume": 31099029.6,
        "trend": 35.182408,
        "fair_value": 35.729969,
        "relative_strength": -8.973818,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.464793,
        "energy": 20.065061,
        "activity_lines": [
          36.565704,
          36.591724,
          36.588525,
          35.968228
        ]
      },
      {
        "date": "2024-12-13",
        "close": 34.936896,
        "volume": 33042438,
        "typical_volume": 31479495.85,
        "trend": 35.164183,
        "fair_value": 35.747719,
        "relative_strength": -11.699685,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.096699,
        "energy": 6.240594,
        "activity_lines": [
          36.044592,
          36.261592,
          36.464739,
          35.952389
        ]
      },
      {
        "date": "2024-12-20",
        "close": 35.079031,
        "volume": 57509442,
        "typical_volume": 32573477.7,
        "trend": 35.208639,
        "fair_value": 35.762643,
        "relative_strength": -9.064503,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.934268,
        "energy": 13.652155,
        "activity_lines": [
          35.626095,
          36.001426,
          36.349079,
          35.946895
        ]
      },
      {
        "date": "2024-12-27",
        "close": 35.467535,
        "volume": 15739022,
        "typical_volume": 31683464.55,
        "trend": 35.239679,
        "fair_value": 35.767459,
        "relative_strength": -8.616008,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.707936,
        "energy": 20.885689,
        "activity_lines": [
          35.445425,
          35.845496,
          36.273178,
          35.963598
        ]
      },
      {
        "date": "2025-01-03",
        "close": 36.055028,
        "volume": 18340278,
        "typical_volume": 30839004.65,
        "trend": 35.332611,
        "fair_value": 35.780356,
        "relative_strength": -6.063106,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 3.844502,
        "energy": 21.485672,
        "activity_lines": [
          35.541445,
          35.843361,
          36.248487,
          36.016201
        ]
      },
      {
        "date": "2025-01-10",
        "close": 35.344351,
        "volume": 25299266,
        "typical_volume": 31021289.0,
        "trend": 35.421168,
        "fair_value": 35.790239,
        "relative_strength": -5.598324,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.055034,
        "energy": 16.621055,
        "activity_lines": [
          35.495962,
          35.73344,
          36.150841,
          36.016959
        ]
      },
      {
        "date": "2025-01-17",
        "close": 37.353199,
        "volume": 30061934,
        "typical_volume": 31397630.85,
        "trend": 35.599987,
        "fair_value": 35.810956,
        "relative_strength": -2.918964,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.762049,
        "energy": 19.63991,
        "activity_lines": [
          36.154839,
          35.990676,
          36.243421,
          36.141606
        ]
      },
      {
        "date": "2025-01-24",
        "close": 37.315296,
        "volume": 24579305,
        "typical_volume": 31372838.55,
        "trend": 35.782754,
        "fair_value": 35.829274,
        "relative_strength": -4.352297,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.478862,
        "energy": 27.920609,
        "activity_lines": [
          36.639995,
          36.212152,
          36.32306,
          36.252271
        ]
      },
      {
        "date": "2025-01-31",
        "close": 37.902789,
        "volume": 40327855,
        "typical_volume": 30802396.25,
        "trend": 35.994302,
        "fair_value": 35.837159,
        "relative_strength": -1.481291,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.369646,
        "energy": 42.305368,
        "activity_lines": [
          37.171897,
          36.52933,
          36.449988,
          36.389048
        ]
      },
      {
        "date": "2025-02-07",
        "close": 39.144105,
        "volume": 29947916,
        "typical_volume": 29951264.25,
        "trend": 36.218715,
        "fair_value": 35.86051,
        "relative_strength": 1.49841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.364928,
        "energy": 69.843608,
        "activity_lines": [
          37.955221,
          37.049976,
          36.692658,
          36.592261
        ]
      },
      {
        "date": "2025-02-14",
        "close": 40.603363,
        "volume": 42678790,
        "typical_volume": 30582679.25,
        "trend": 36.464484,
        "fair_value": 35.895915,
        "relative_strength": 2.250041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.181675,
        "energy": 83.151697,
        "activity_lines": [
          39.019026,
          37.805792,
          37.066092,
          36.875141
        ]
      },
      {
        "date": "2025-02-21",
        "close": 41.11505,
        "volume": 39606671,
        "typical_volume": 30958948.95,
        "trend": 36.708301,
        "fair_value": 35.927481,
        "relative_strength": 5.826156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.017761,
        "energy": 88.39315,
        "activity_lines": [
          39.902793,
          38.5685,
          37.473583,
          37.175178
        ]
      },
      {
        "date": "2025-02-28",
        "close": 42.269042,
        "volume": 47255876,
        "typical_volume": 32241294.55,
        "trend": 36.928656,
        "fair_value": 35.957295,
        "relative_strength": 12.331644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.283334,
        "energy": 93.75921,
        "activity_lines": [
          40.920433,
          39.428694,
          37.973115,
          37.533935
        ]
      },
      {
        "date": "2025-03-07",
        "close": 41.22666,
        "volume": 37377579,
        "typical_volume": 32509410.75,
        "trend": 37.153813,
        "fair_value": 35.983967,
        "relative_strength": 13.013453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.538797,
        "energy": 86.303714,
        "activity_lines": [
          41.260363,
          39.968636,
          38.347934,
          37.811226
        ]
      },
      {
        "date": "2025-03-14",
        "close": 42.259479,
        "volume": 38999503,
        "typical_volume": 33076697.2,
        "trend": 37.397538,
        "fair_value": 36.019329,
        "relative_strength": 18.4335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.318073,
        "energy": 87.991661,
        "activity_lines": [
          41.722975,
          40.591653,
          38.805996,
          38.140624
        ]
      },
      {
        "date": "2025-03-21",
        "close": 41.886517,
        "volume": 41865619,
        "typical_volume": 33260918.2,
        "trend": 37.623255,
        "fair_value": 36.039993,
        "relative_strength": 16.740976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.546017,
        "energy": 79.125394,
        "activity_lines": [
          41.853574,
          41.03405,
          39.204604,
          38.430235
        ]
      },
      {
        "date": "2025-03-28",
        "close": 42.756761,
        "volume": 36691638,
        "typical_volume": 33372061.75,
        "trend": 37.868689,
        "fair_value": 36.054527,
        "relative_strength": 21.584968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.026496,
        "energy": 64.363035,
        "activity_lines": [
          42.188711,
          41.515725,
          39.655441,
          38.761429
        ]
      },
      {
        "date": "2025-04-04",
        "close": 43.368802,
        "volume": 58855151,
        "typical_volume": 34803507.15,
        "trend": 38.131117,
        "fair_value": 36.059533,
        "relative_strength": 35.956145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.138418,
        "energy": 62.943038,
        "activity_lines": [
          42.618415,
          42.010433,
          40.131276,
          39.116275
        ]
      },
      {
        "date": "2025-04-11",
        "close": 43.990405,
        "volume": 82494779,
        "typical_volume": 37401864.1,
        "trend": 38.351388,
        "fair_value": 36.074514,
        "relative_strength": 27.606681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.671897,
        "energy": 61.658443,
        "activity_lines": [
          43.182002,
          42.508096,
          40.634573,
          39.494294
        ]
      },
      {
        "date": "2025-04-18",
        "close": 45.19536,
        "volume": 31387091,
        "typical_volume": 38009230.65,
        "trend": 38.610585,
        "fair_value": 36.099288,
        "relative_strength": 33.506117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.495247,
        "energy": 67.443286,
        "activity_lines": [
          43.962991,
          43.114158,
          41.217818,
          39.93584
        ]
      },
      {
        "date": "2025-04-25",
        "close": 44.200794,
        "volume": 35152855,
        "typical_volume": 38360650.4,
        "trend": 38.833223,
        "fair_value": 36.127871,
        "relative_strength": 22.266351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.869705,
        "energy": 61.209612,
        "activity_lines": [
          44.216733,
          43.429368,
          41.669631,
          40.296499
        ]
      },
      {
        "date": "2025-05-02",
        "close": 44.449436,
        "volume": 30530464,
        "typical_volume": 38235051.7,
        "trend": 39.069414,
        "fair_value": 36.156522,
        "relative_strength": 18.497379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.04855,
        "energy": 59.859105,
        "activity_lines": [
          44.39907,
          43.724376,
          42.105432,
          40.658835
        ]
      },
      {
        "date": "2025-05-09",
        "close": 43.234918,
        "volume": 27505165,
        "typical_volume": 36734837.85,
        "trend": 39.27968,
        "fair_value": 36.177312,
        "relative_strength": 15.181307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.014396,
        "energy": 52.569972,
        "activity_lines": [
          44.063723,
          43.737939,
          42.380267,
          40.927577
        ]
      },
      {
        "date": "2025-05-16",
        "close": 42.550583,
        "volume": 48096397,
        "typical_volume": 38352706.6,
        "trend": 39.429656,
        "fair_value": 36.191412,
        "relative_strength": 5.999687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.696032,
        "energy": 36.500679,
        "activity_lines": [
          43.50919,
          43.609515,
          42.55109,
          41.138603
        ]
      },
      {
        "date": "2025-05-23",
        "close": 42.145247,
        "volume": 35818487,
        "typical_volume": 39226617.05,
        "trend": 39.593377,
        "fair_value": 36.188101,
        "relative_strength": 7.288437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.720347,
        "energy": 25.389502,
        "activity_lines": [
          42.915532,
          43.383323,
          42.64958,
          41.313803
        ]
      },
      {
        "date": "2025-05-30",
        "close": 42.29001,
        "volume": 39009327,
        "typical_volume": 39912120.1,
        "trend": 39.821394,
        "fair_value": 36.191862,
        "relative_strength": 5.495,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.145686,
        "energy": 22.540998,
        "activity_lines": [
          42.573471,
          43.185528,
          42.732857,
          41.487779
        ]
      },
      {
        "date": "2025-06-06",
        "close": 41.131908,
        "volume": 30368365,
        "typical_volume": 39927441.65,
        "trend": 40.000276,
        "fair_value": 36.203121,
        "relative_strength": 0.379838,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.948344,
        "energy": 20.556976,
        "activity_lines": [
          41.97276,
          42.769832,
          42.672763,
          41.572328
        ]
      },
      {
        "date": "2025-06-13",
        "close": 41.739912,
        "volume": 33810582,
        "typical_volume": 40389005.5,
        "trend": 40.168142,
        "fair_value": 36.246256,
        "relative_strength": 2.166989,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.453261,
        "energy": 17.136211,
        "activity_lines": [
          41.795887,
          42.494226,
          42.652581,
          41.684563
        ]
      },
      {
        "date": "2025-06-20",
        "close": 41.112607,
        "volume": 25451139,
        "typical_volume": 39645169.7,
        "trend": 40.315882,
        "fair_value": 36.272313,
        "relative_strength": 0.382098,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.129223,
        "energy": 14.646955,
        "activity_lines": [
          41.509578,
          42.134181,
          42.551586,
          41.745496
        ]
      },
      {
        "date": "2025-06-27",
        "close": 41.411783,
        "volume": 26440653,
        "typical_volume": 39469806.55,
        "trend": 40.446746,
        "fair_value": 36.285037,
        "relative_strength": -3.126782,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.708031,
        "energy": 16.128295,
        "activity_lines": [
          41.41886,
          41.880854,
          42.463799,
          41.816199
        ]
      },
      {
        "date": "2025-07-04",
        "close": 41.624102,
        "volume": 23040035,
        "typical_volume": 38487868.8,
        "trend": 40.638699,
        "fair_value": 36.308887,
        "relative_strength": -4.309967,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.277151,
        "energy": 13.380725,
        "activity_lines": [
          41.447813,
          41.734924,
          42.385434,
          41.892158
        ]
      },
      {
        "date": "2025-07-11",
        "close": 41.990834,
        "volume": 24532255,
        "typical_volume": 37734148.0,
        "trend": 40.87383,
        "fair_value": 36.335417,
        "relative_strength": -3.35034,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.379266,
        "energy": 10.847025,
        "activity_lines": [
          41.643404,
          41.702521,
          42.337135,
          41.979392
        ]
      },
      {
        "date": "2025-07-18",
        "close": 41.884675,
        "volume": 24589055,
        "typical_volume": 36600806.95,
        "trend": 41.100685,
        "fair_value": 36.362419,
        "relative_strength": -4.907956,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.792559,
        "energy": 10.931215,
        "activity_lines": [
          41.746346,
          41.695518,
          42.274556,
          42.044608
        ]
      },
      {
        "date": "2025-07-25",
        "close": 42.454074,
        "volume": 25568270,
        "typical_volume": 36010341.5,
        "trend": 41.33357,
        "fair_value": 36.37952,
        "relative_strength": -4.520948,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.03079,
        "energy": 15.636786,
        "activity_lines": [
          42.029437,
          41.816592,
          42.268035,
          42.131924
        ]
      },
      {
        "date": "2025-08-01",
        "close": 43.110332,
        "volume": 38552009,
        "typical_volume": 35987966.8,
        "trend": 41.568746,
        "fair_value": 36.410264,
        "relative_strength": -0.808354,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.917302,
        "energy": 24.643343,
        "activity_lines": [
          42.44185,
          42.058741,
          42.318171,
          42.246553
        ]
      },
      {
        "date": "2025-08-08",
        "close": 43.737637,
        "volume": 31666542,
        "typical_volume": 35478012.95,
        "trend": 41.848523,
        "fair_value": 36.435498,
        "relative_strength": -2.96555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 52.152706,
        "energy": 33.463665,
        "activity_lines": [
          42.950128,
          42.397398,
          42.423998,
          42.386482
        ]
      },
      {
        "date": "2025-08-15",
        "close": 43.408386,
        "volume": 28176129,
        "typical_volume": 35052237.5,
        "trend": 42.050362,
        "fair_value": 36.458786,
        "relative_strength": -4.189745,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 57.823812,
        "energy": 46.304742,
        "activity_lines": [
          43.207753,
          42.64987,
          42.489653,
          42.487118
        ]
      },
      {
        "date": "2025-08-22",
        "close": 43.778399,
        "volume": 27167592,
        "typical_volume": 33467859.55,
        "trend": 42.265799,
        "fair_value": 36.492349,
        "relative_strength": -2.536928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.004134,
        "energy": 54.207925,
        "activity_lines": [
          43.494213,
          42.928228,
          42.587444,
          42.598604
        ]
      },
      {
        "date": "2025-08-29",
        "close": 42.532039,
        "volume": 28744321,
        "typical_volume": 30780336.65,
        "trend": 42.420107,
        "fair_value": 36.521403,
        "relative_strength": -5.047242,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.635689,
        "energy": 41.127412,
        "activity_lines": [
          43.23897,
          42.942911,
          42.564584,
          42.615781
        ]
      },
      {
        "date": "2025-09-05",
        "close": 42.288609,
        "volume": 22624007,
        "typical_volume": 30342182.45,
        "trend": 42.524924,
        "fair_value": 36.539172,
        "relative_strength": -6.377498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.736273,
        "energy": 17.880491,
        "activity_lines": [
          42.897387,
          42.887526,
          42.525485,
          42.607297
        ]
      },
      {
        "date": "2025-09-12",
        "close": 42.239923,
        "volume": 21368299,
        "typical_volume": 29652954.65,
        "trend": 42.579476,
        "fair_value": 36.571161,
        "relative_strength": -8.015189,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.586388,
        "energy": 5.48558,
        "activity_lines": [
          42.594357,
          42.807346,
          42.49559,
          42.58891
        ]
      },
      {
        "date": "2025-09-19",
        "close": 42.269135,
        "volume": 33851591,
        "typical_volume": 29819011.0,
        "trend": 42.617946,
        "fair_value": 36.611848,
        "relative_strength": -9.734835,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.664994,
        "energy": 16.775428,
        "activity_lines": [
          42.400911,
          42.721282,
          42.477815,
          42.568888
        ]
      },
      {
        "date": "2025-09-26",
        "close": 42.931264,
        "volume": 26534981,
        "typical_volume": 29770501.8,
        "trend": 42.64002,
        "fair_value": 36.680044,
        "relative_strength": -7.78323,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.080819,
        "energy": 10.92543,
        "activity_lines": [
          42.504126,
          42.750544,
          42.533483,
          42.589102
        ]
      },
      {
        "date": "2025-10-03",
        "close": 44.148412,
        "volume": 36693496,
        "typical_volume": 29200356.75,
        "trend": 42.737411,
        "fair_value": 36.758805,
        "relative_strength": -6.21257,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 29.343331,
        "energy": 16.0985,
        "activity_lines": [
          43.069532,
          42.982077,
          42.706515,
          42.686418
        ]
      },
      {
        "date": "2025-10-10",
        "close": 45.832946,
        "volume": 28840403,
        "typical_volume": 28851452.55,
        "trend": 42.856527,
        "fair_value": 36.850409,
        "relative_strength": -0.435902,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.797758,
        "energy": 65.379809,
        "activity_lines": [
          44.088691,
          43.489083,
          43.032371,
          42.88613
        ]
      },
      {
        "date": "2025-10-17",
        "close": 46.524286,
        "volume": 29171558,
        "typical_volume": 28359564.1,
        "trend": 43.011119,
        "fair_value": 36.945726,
        "relative_strength": -1.340936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.362935,
        "energy": 80.812423,
        "activity_lines": [
          45.102008,
          44.072285,
          43.406507,
          43.12276
        ]
      },
      {
        "date": "2025-10-24",
        "close": 46.772584,
        "volume": 34273635,
        "typical_volume": 28554827.6,
        "trend": 43.14498,
        "fair_value": 37.031362,
        "relative_strength": -2.936517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.024821,
        "energy": 86.683382,
        "activity_lines": [
          45.912466,
          44.649966,
          43.784128,
          43.365435
        ]
      },
      {
        "date": "2025-10-31",
        "close": 44.907913,
        "volume": 42600129,
        "typical_volume": 28994304.95,
        "trend": 43.196284,
        "fair_value": 37.113776,
        "relative_strength": -8.54052,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.026394,
        "energy": 80.075226,
        "activity_lines": [
          45.801138,
          44.827448,
          43.957301,
          43.479172
        ]
      },
      {
        "date": "2025-11-07",
        "close": 44.995548,
        "volume": 46415889,
        "typical_volume": 30042542.45,
        "trend": 43.229789,
        "fair_value": 37.186087,
        "relative_strength": -5.546766,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.168053,
        "energy": 67.633081,
        "activity_lines": [
          45.587244,
          45.000328,
          44.123735,
          43.595254
        ]
      },
      {
        "date": "2025-11-14",
        "close": 45.126243,
        "volume": 39204042,
        "typical_volume": 30680711.9,
        "trend": 43.227485,
        "fair_value": 37.260274,
        "relative_strength": -5.130999,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.303839,
        "energy": 42.598583,
        "activity_lines": [
          45.36044,
          45.152179,
          44.284125,
          43.717606
        ]
      },
      {
        "date": "2025-11-21",
        "close": 44.939609,
        "volume": 36414717,
        "typical_volume": 31349446.0,
        "trend": 43.252112,
        "fair_value": 37.324957,
        "relative_strength": -2.592856,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.808045,
        "energy": 27.130297,
        "activity_lines": [
          45.118538,
          45.218503,
          44.409053,
          43.828065
        ]
      },
      {
        "date": "2025-11-28",
        "close": 46.285342,
        "volume": 32895233,
        "typical_volume": 31767594.9,
        "trend": 43.313309,
        "fair_value": 37.390573,
        "relative_strength": -4.422498,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.518511,
        "energy": 35.097652,
        "activity_lines": [
          45.430859,
          45.480421,
          44.646358,
          44.023758
        ]
      },
      {
        "date": "2025-12-05",
        "close": 43.033973,
        "volume": 50684260,
        "typical_volume": 33072355.15,
        "trend": 43.306611,
        "fair_value": 37.435515,
        "relative_strength": -12.028385,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.155285,
        "energy": 12.688364,
        "activity_lines": [
          44.691873,
          45.078159,
          44.553558,
          44.005736
        ]
      },
      {
        "date": "2025-12-12",
        "close": 42.798224,
        "volume": 31944901,
        "typical_volume": 33391186.7,
        "trend": 43.314865,
        "fair_value": 37.476102,
        "relative_strength": -10.89695,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.716042,
        "energy": 12.80177,
        "activity_lines": [
          43.999233,
          44.631166,
          44.432834,
          43.972937
        ]
      },
      {
        "date": "2025-12-19",
        "close": 42.88663,
        "volume": 44082521,
        "typical_volume": 33667712.3,
        "trend": 43.339578,
        "fair_value": 37.511068,
        "relative_strength": -11.242104,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.821108,
        "energy": 15.235645,
        "activity_lines": [
          43.482551,
          44.224795,
          44.31889,
          43.945309
        ]
      },
      {
        "date": "2025-12-26",
        "close": 42.788402,
        "volume": 16869680,
        "typical_volume": 32927869.2,
        "trend": 43.356191,
        "fair_value": 37.544344,
        "relative_strength": -12.536378,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.377961,
        "energy": 30.725299,
        "activity_lines": [
          43.082433,
          43.854135,
          44.196656,
          43.909749
        ]
      },
      {
        "date": "2026-01-02",
        "close": 43.142025,
        "volume": 14985926,
        "typical_volume": 32268359.05,
        "trend": 43.423195,
        "fair_value": 37.577435,
        "relative_strength": -10.275239,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -18.911154,
        "energy": 33.538948,
        "activity_lines": [
          42.943603,
          43.615695,
          44.112621,
          43.895932
        ]
      },
      {
        "date": "2026-01-09",
        "close": 42.533007,
        "volume": 27345251,
        "typical_volume": 32277242.0,
        "trend": 43.449631,
        "fair_value": 37.608238,
        "relative_strength": -13.405828,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.386139,
        "energy": 43.608972,
        "activity_lines": [
          42.811322,
          43.332534,
          43.971853,
          43.8385
        ]
      },
      {
        "date": "2026-01-16",
        "close": 43.937677,
        "volume": 45705293,
        "typical_volume": 33125290.6,
        "trend": 43.5438,
        "fair_value": 37.653843,
        "relative_strength": -9.742708,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.029319,
        "energy": 19.074739,
        "activity_lines": [
          43.180661,
          43.347948,
          43.970793,
          43.869987
        ]
      },
      {
        "date": "2026-01-23",
        "close": 43.279545,
        "volume": 37261346,
        "typical_volume": 33857157.55,
        "trend": 43.606059,
        "fair_value": 37.698854,
        "relative_strength": -11.274614,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -12.243549,
        "energy": 11.511823,
        "activity_lines": [
          43.25466,
          43.262935,
          43.90036,
          43.852939
        ]
      },
      {
        "date": "2026-01-30",
        "close": 43.986791,
        "volume": 36105085,
        "typical_volume": 34593996.85,
        "trend": 43.684815,
        "fair_value": 37.752802,
        "relative_strength": -9.652642,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.287017,
        "energy": 5.111757,
        "activity_lines": [
          43.538214,
          43.340089,
          43.892565,
          43.877502
        ]
      },
      {
        "date": "2026-02-06",
        "close": 43.544762,
        "volume": 43931232,
        "typical_volume": 35097978.9,
        "trend": 43.736613,
        "fair_value": 37.804976,
        "relative_strength": -8.682426,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.793013,
        "energy": 7.701564,
        "activity_lines": [
          43.594531,
          43.354199,
          43.834354,
          43.868466
        ]
      },
      {
        "date": "2026-02-13",
        "close": 47.621251,
        "volume": 61908611,
        "typical_volume": 36866660.4,
        "trend": 43.927832,
        "fair_value": 37.870236,
        "relative_strength": 1.067186,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 72.781779,
        "energy": 42.02704,
        "activity_lines": [
          44.98283,
          44.159316,
          44.158306,
          44.119088
        ]
      },
      {
        "date": "2026-02-20",
        "close": 46.943474,
        "volume": 36660301,
        "typical_volume": 36865000.65,
        "trend": 44.077479,
        "fair_value": 37.938789,
        "relative_strength": -1.463959,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.785882,
        "energy": 64.11497,
        "activity_lines": [
          45.805986,
          44.757797,
          44.395374,
          44.313645
        ]
      },
      {
        "date": "2026-02-27",
        "close": 48.593715,
        "volume": 44711381,
        "typical_volume": 37658549.55,
        "trend": 44.260258,
        "fair_value": 38.017583,
        "relative_strength": 2.345265,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.390013,
        "energy": 80.459941,
        "activity_lines": [
          46.978836,
          45.580953,
          44.776298,
          44.605016
        ]
      },
      {
        "date": "2026-03-06",
        "close": 48.899818,
        "volume": 59417603,
        "typical_volume": 39170851.8,
        "trend": 44.432331,
        "fair_value": 38.105088,
        "relative_strength": 4.354469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.295829,
        "energy": 87.262464,
        "activity_lines": [
          47.899442,
          46.355999,
          45.173229,
          44.904342
        ]
      },
      {
        "date": "2026-03-13",
        "close": 49.355529,
        "volume": 43414328,
        "typical_volume": 39627886.45,
        "trend": 44.630569,
        "fair_value": 38.184491,
        "relative_strength": 6.538719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.49038,
        "energy": 86.918296,
        "activity_lines": [
          48.644417,
          47.102785,
          45.602248,
          45.221968
        ]
      },
      {
        "date": "2026-03-20",
        "close": 46.007041,
        "volume": 50891477,
        "typical_volume": 40042453.85,
        "trend": 44.704857,
        "fair_value": 38.253115,
        "relative_strength": 1.51292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.000831,
        "energy": 68.161661,
        "activity_lines": [
          47.885845,
          47.127782,
          45.700064,
          45.310772
        ]
      },
      {
        "date": "2026-03-27",
        "close": 47.869514,
        "volume": 32965818,
        "typical_volume": 39369950.3,
        "trend": 44.882773,
        "fair_value": 38.324399,
        "relative_strength": 9.319659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.417041,
        "energy": 46.042851,
        "activity_lines": [
          47.855711,
          47.428246,
          45.970024,
          45.514944
        ]
      },
      {
        "date": "2026-04-03",
        "close": 48.870098,
        "volume": 28294211,
        "typical_volume": 38824458.75,
        "trend": 45.102156,
        "fair_value": 38.395517,
        "relative_strength": 7.852299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.345148,
        "energy": 45.403531,
        "activity_lines": [
          48.09737,
          47.839147,
          46.321593,
          45.77219
        ]
      },
      {
        "date": "2026-04-10",
        "close": 48.117183,
        "volume": 29828266,
        "typical_volume": 38495136.2,
        "trend": 45.298065,
        "fair_value": 38.467038,
        "relative_strength": 2.126686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.423179,
        "energy": 35.496644,
        "activity_lines": [
          48.069631,
          48.011508,
          46.583627,
          45.966708
        ]
      },
      {
        "date": "2026-04-17",
        "close": 46.581634,
        "volume": 48240444,
        "typical_volume": 39262396.75,
        "trend": 45.441815,
        "fair_value": 38.522587,
        "relative_strength": -6.176179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.707528,
        "energy": 29.552593,
        "activity_lines": [
          47.582218,
          47.82958,
          46.684287,
          46.049519
        ]
      },
      {
        "date": "2026-04-24",
        "close": 46.482566,
        "volume": 38590032,
        "typical_volume": 38657685.35,
        "trend": 45.560191,
        "fair_value": 38.581887,
        "relative_strength": -7.841123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.574677,
        "energy": 22.724366,
        "activity_lines": [
          47.246708,
          47.574423,
          46.774102,
          46.116664
        ]
      },
      {
        "date": "2026-05-01",
        "close": 46.066482,
        "volume": 46498865,
        "typical_volume": 39385383.55,
        "trend": 45.624127,
        "fair_value": 38.636214,
        "relative_strength": -9.532286,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.116345,
        "energy": 18.608431,
        "activity_lines": [
          46.740803,
          47.264319,
          46.807867,
          46.149328
        ]
      },
      {
        "date": "2026-05-08",
        "close": 43.500628,
        "volume": 43385726,
        "typical_volume": 39350543.8,
        "trend": 45.546383,
        "fair_value": 38.678255,
        "relative_strength": -18.448554,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.414125,
        "energy": 24.578075,
        "activity_lines": [
          45.499814,
          46.50364,
          46.581703,
          46.012328
        ]
      },
      {
        "date": "2026-05-15",
        "close": 42.975569,
        "volume": 39908237,
        "typical_volume": 40502471.65,
        "trend": 45.428093,
        "fair_value": 38.727593,
        "relative_strength": -18.728207,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.992943,
        "energy": 38.712185,
        "activity_lines": [
          44.441771,
          45.740099,
          46.302609,
          45.846469
        ]
      },
      {
        "date": "2026-05-22",
        "close": 45.798999,
        "volume": 35030279,
        "typical_volume": 41504689.3,
        "trend": 45.39564,
        "fair_value": 38.797754,
        "relative_strength": -14.001476,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.37281,
        "energy": 31.565199,
        "activity_lines": [
          44.667646,
          45.597621,
          46.291521,
          45.870399
        ]
      },
      {
        "date": "2026-05-29",
        "close": 45.214499,
        "volume": 41144909,
        "typical_volume": 42194672.2,
        "trend": 45.405859,
        "fair_value": 38.862465,
        "relative_strength": -17.046232,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.11637,
        "energy": 34.492662,
        "activity_lines": [
          44.750862,
          45.413535,
          46.212115,
          45.858712
        ]
      },
      {
        "date": "2026-06-05",
        "close": 45.75,
        "volume": 42896183,
        "typical_volume": 42054216.7,
        "trend": 45.431008,
        "fair_value": 38.928397,
        "relative_strength": -11.806338,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -13.637416,
        "energy": 18.028788,
        "activity_lines": [
          45.097117,
          45.341223,
          46.17094,
          45.880915
        ]
      },
      {
        "date": "2026-06-12",
        "close": 46.21,
        "volume": 36209659,
        "typical_volume": 42001632.35,
        "trend": 45.467133,
        "fair_value": 38.990869,
        "relative_strength": -12.577232,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 5.082776,
        "energy": 7.606807,
        "activity_lines": [
          45.617804,
          45.391084,
          46.164944,
          45.931173
        ]
      },
      {
        "date": "2026-06-19",
        "close": 45.81,
        "volume": 36950473,
        "typical_volume": 42043901.75,
        "trend": 45.496146,
        "fair_value": 39.058377,
        "relative_strength": -15.223599,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.936335,
        "energy": 8.8336,
        "activity_lines": [
          45.824533,
          45.416583,
          46.106899,
          45.953293
        ]
      },
      {
        "date": "2026-06-26",
        "close": 47.4,
        "volume": 52644847,
        "typical_volume": 42479582.5,
        "trend": 45.533301,
        "fair_value": 39.131142,
        "relative_strength": -7.936671,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 45.191892,
        "energy": 26.770167,
        "activity_lines": [
          46.3723,
          45.773121,
          46.1916,
          46.076122
        ]
      },
      {
        "date": "2026-07-03",
        "close": 47.88,
        "volume": 40360319,
        "typical_volume": 41402167.9,
        "trend": 45.694835,
        "fair_value": 39.205737,
        "relative_strength": -7.604747,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.922679,
        "energy": 32.251838,
        "activity_lines": [
          46.973333,
          46.202053,
          46.303657,
          46.227522
        ]
      },
      {
        "date": "2026-07-10",
        "close": 46.8,
        "volume": 49030107,
        "typical_volume": 42020658.2,
        "trend": 45.828228,
        "fair_value": 39.267396,
        "relative_strength": -11.024323,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.574873,
        "energy": 30.753958,
        "activity_lines": [
          47.036667,
          46.409214,
          46.311625,
          46.298823
        ]
      },
      {
        "date": "2026-07-17",
        "close": 46.26,
        "volume": 36821170,
        "typical_volume": 41626147.65,
        "trend": 45.940674,
        "fair_value": 39.322588,
        "relative_strength": -8.029407,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.574989,
        "energy": 25.353557,
        "activity_lines": [
          46.85,
          46.504856,
          46.268847,
          46.32668
        ]
      },
      {
        "date": "2026-07-24",
        "close": 47.53,
        "volume": 44497217,
        "typical_volume": 40880128.35,
        "trend": 46.098727,
        "fair_value": 39.390741,
        "relative_strength": -3.82401,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.452107,
        "energy": 28.475576,
        "activity_lines": [
          47.083333,
          46.781236,
          46.358135,
          46.429217
        ]
      },
      {
        "date": "2026-07-31",
        "close": 45.82,
        "volume": 53373769,
        "typical_volume": 41378100.4,
        "trend": 46.187993,
        "fair_value": 39.45803,
        "relative_strength": -7.507162,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 17.051533,
        "energy": 8.5127,
        "activity_lines": [
          46.632,
          46.6639,
          46.291089,
          46.411234
        ]
      },
      {
        "date": "2026-08-07",
        "close": 45.61,
        "volume": 37448185,
        "typical_volume": 40705935.8,
        "trend": 46.290559,
        "fair_value": 39.520626,
        "relative_strength": -12.080122,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -9.107919,
        "energy": 7.162604,
        "activity_lines": [
          46.216,
          46.508,
          46.220878,
          46.373944
        ]
      }
    ],
    "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."
    }
  }
}