{
  "ticker": {
    "uuid": "ac73e29b-b72d-409b-bd4e-0ce201e3b53c",
    "symbol": "HAFC",
    "name": "Hanmi Financial 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 47.457,
    "architecture_energy": 36.23,
    "architecture_maturity": 73.504,
    "architecture_confidence": 55.157,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 24.93,
        "rotation_up": 40.95,
        "upward_expansion": 66.6,
        "deceleration": 64.6,
        "rotation_down": 26.0,
        "downward_expansion": 16.6
      },
      "activity_lines": [
        31.778401,
        31.839942,
        31.160039,
        30.145744
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 31.91,
    "trend_reference": 28.990334,
    "distance_from_trend": 0.100712,
    "trend_direction": "Improving",
    "fair_value": 21.301629,
    "distance_from_fair_value": 0.498007,
    "fair_value_direction": "Weakening",
    "relative_strength": 1.844575,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.158513,
    "excess_performance": -0.028941,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.100712,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.055726,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.498007,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.029699,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.018446,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.023553,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.158513,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.29947,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1200129,
      "relative_activity": 0.968439,
      "balance": 1.29947,
      "dry_up": 1.198191,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.047485,
      "annualized_volatility": 0.209245,
      "from_high_reference": -0.039131,
      "from_low_reference": 0.455877
    },
    "levels": {
      "trend_reference": 28.990334,
      "fair_value_reference": 21.301629,
      "structural_low": 24.309113,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 28,
        "median_return": -0.001255,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.018486,
        "regime_survival": 0.821429,
        "best_return": 0.223624,
        "worst_return": -0.144191,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.033487,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.009809,
        "regime_survival": 0.5,
        "best_return": 0.232121,
        "worst_return": -0.214842,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.037824,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.013013,
        "regime_survival": 0.333333,
        "best_return": 0.305666,
        "worst_return": -0.432703,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.207874,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.029644,
        "regime_survival": 0.75,
        "best_return": 0.270014,
        "worst_return": -0.37461,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-12",
        "end": "2024-05-03",
        "tenure": "New",
        "return": 0.082266,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-10",
        "end": "2024-07-12",
        "tenure": "Developing",
        "return": 0.076828,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-19",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.051256,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": -0.008712,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-04",
        "end": "2024-10-18",
        "tenure": "New",
        "return": 0.098404,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": 0.077527,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": -0.094824,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.148655,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.13576,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2026-02-20",
        "tenure": "Extended",
        "return": 0.096412,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-27",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.027576,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.044594,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.076071,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.067719,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 15.603211,
        "volume": 970088,
        "typical_volume": 898797.3,
        "trend": 15.693266,
        "fair_value": 16.342018,
        "relative_strength": -26.689232,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.506583,
        "energy": 62.123661,
        "activity_lines": [
          16.147219,
          15.347746,
          14.529864,
          14.78608
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.992005,
        "volume": 508110,
        "typical_volume": 895898.3,
        "trend": 15.5462,
        "fair_value": 16.389533,
        "relative_strength": -30.061781,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.231546,
        "energy": 48.465213,
        "activity_lines": [
          15.807717,
          15.397218,
          14.603212,
          14.740837
        ]
      },
      {
        "date": "2023-09-01",
        "close": 15.673063,
        "volume": 597404,
        "typical_volume": 897204.0,
        "trend": 15.387455,
        "fair_value": 16.441564,
        "relative_strength": -28.881356,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.058724,
        "energy": 25.209766,
        "activity_lines": [
          15.675974,
          15.551634,
          14.743903,
          14.749022
        ]
      },
      {
        "date": "2023-09-08",
        "close": 14.642745,
        "volume": 624480,
        "typical_volume": 892093.2,
        "trend": 15.207922,
        "fair_value": 16.490644,
        "relative_strength": -32.039459,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 8.035335,
        "energy": 12.100951,
        "activity_lines": [
          15.25104,
          15.472095,
          14.783609,
          14.700976
        ]
      },
      {
        "date": "2023-09-15",
        "close": 14.738791,
        "volume": 946314,
        "typical_volume": 893747.5,
        "trend": 15.024813,
        "fair_value": 16.54214,
        "relative_strength": -30.542926,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 3.811506,
        "energy": 14.645441,
        "activity_lines": [
          14.991423,
          15.377739,
          14.835838,
          14.670709
        ]
      },
      {
        "date": "2023-09-22",
        "close": 14.162512,
        "volume": 509327,
        "typical_volume": 857968.7,
        "trend": 14.819952,
        "fair_value": 16.594196,
        "relative_strength": -30.185914,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.694626,
        "energy": 19.656747,
        "activity_lines": [
          14.668939,
          15.15069,
          14.828197,
          14.615077
        ]
      },
      {
        "date": "2023-09-29",
        "close": 14.171243,
        "volume": 837925,
        "typical_volume": 852944.15,
        "trend": 14.630351,
        "fair_value": 16.643105,
        "relative_strength": -29.385421,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.750581,
        "energy": 24.575728,
        "activity_lines": [
          14.445413,
          14.922522,
          14.813455,
          14.573225
        ]
      },
      {
        "date": "2023-10-06",
        "close": 13.961687,
        "volume": 1033812,
        "typical_volume": 860804.15,
        "trend": 14.489964,
        "fair_value": 16.688619,
        "relative_strength": -30.814573,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.48644,
        "energy": 27.5681,
        "activity_lines": [
          14.206751,
          14.665923,
          14.767786,
          14.530085
        ]
      },
      {
        "date": "2023-10-13",
        "close": 13.621158,
        "volume": 647079,
        "typical_volume": 845610.0,
        "trend": 14.399793,
        "fair_value": 16.733102,
        "relative_strength": -31.586989,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.589354,
        "energy": 36.719638,
        "activity_lines": [
          13.968672,
          14.39223,
          14.68353,
          14.474033
        ]
      },
      {
        "date": "2023-10-20",
        "close": 12.957563,
        "volume": 982392,
        "typical_volume": 865712.9,
        "trend": 14.303035,
        "fair_value": 16.769827,
        "relative_strength": -32.018436,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.851741,
        "energy": 55.981683,
        "activity_lines": [
          13.5775,
          14.052812,
          14.532568,
          14.380986
        ]
      },
      {
        "date": "2023-10-27",
        "close": 12.398746,
        "volume": 1211010,
        "typical_volume": 873167.65,
        "trend": 14.191885,
        "fair_value": 16.804322,
        "relative_strength": -32.121527,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.342049,
        "energy": 68.335926,
        "activity_lines": [
          13.118805,
          13.679421,
          14.331854,
          14.258129
        ]
      },
      {
        "date": "2023-11-03",
        "close": 14.503041,
        "volume": 820848,
        "typical_volume": 853800.25,
        "trend": 14.158221,
        "fair_value": 16.852106,
        "relative_strength": -24.216101,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.730882,
        "energy": 39.740855,
        "activity_lines": [
          13.479125,
          13.746892,
          14.339198,
          14.278203
        ]
      },
      {
        "date": "2023-11-10",
        "close": 13.80271,
        "volume": 781118,
        "typical_volume": 844384.35,
        "trend": 14.115899,
        "fair_value": 16.889345,
        "relative_strength": -28.841427,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.980319,
        "energy": 24.498645,
        "activity_lines": [
          13.583882,
          13.69592,
          14.277226,
          14.255267
        ]
      },
      {
        "date": "2023-11-17",
        "close": 14.955152,
        "volume": 556231,
        "typical_volume": 820325.55,
        "trend": 14.102672,
        "fair_value": 16.933367,
        "relative_strength": -23.318547,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 16.089061,
        "energy": 9.71831,
        "activity_lines": [
          14.083385,
          13.888489,
          14.321706,
          14.309412
        ]
      },
      {
        "date": "2023-11-24",
        "close": 14.636015,
        "volume": 478622,
        "typical_volume": 789460.75,
        "trend": 14.134159,
        "fair_value": 16.973729,
        "relative_strength": -24.433398,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.480988,
        "energy": 18.585906,
        "activity_lines": [
          14.387576,
          14.017354,
          14.325849,
          14.343822
        ]
      },
      {
        "date": "2023-12-01",
        "close": 15.664348,
        "volume": 788672,
        "typical_volume": 780531.75,
        "trend": 14.239745,
        "fair_value": 17.01907,
        "relative_strength": -18.031246,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.236253,
        "energy": 35.508901,
        "activity_lines": [
          14.922648,
          14.335057,
          14.421108,
          14.442544
        ]
      },
      {
        "date": "2023-12-08",
        "close": 16.355813,
        "volume": 753315,
        "typical_volume": 780543.1,
        "trend": 14.389351,
        "fair_value": 17.067985,
        "relative_strength": -13.760248,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 68.435923,
        "energy": 56.941444,
        "activity_lines": [
          15.470501,
          14.751174,
          14.57436,
          14.579064
        ]
      },
      {
        "date": "2023-12-15",
        "close": 17.109333,
        "volume": 2066321,
        "typical_volume": 833391.6,
        "trend": 14.537357,
        "fair_value": 17.120067,
        "relative_strength": -11.622474,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 80.622713,
        "energy": 77.516331,
        "activity_lines": [
          16.14601,
          15.264576,
          14.791506,
          14.754547
        ]
      },
      {
        "date": "2023-12-22",
        "close": 17.455065,
        "volume": 829262,
        "typical_volume": 837139.45,
        "trend": 14.689706,
        "fair_value": 17.174011,
        "relative_strength": -9.400545,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.581166,
        "energy": 82.826413,
        "activity_lines": [
          16.71632,
          15.783608,
          15.038328,
          14.942786
        ]
      },
      {
        "date": "2023-12-29",
        "close": 17.197982,
        "volume": 356499,
        "typical_volume": 814941.45,
        "trend": 14.806768,
        "fair_value": 17.227065,
        "relative_strength": -9.687699,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.405017,
        "energy": 79.898073,
        "activity_lines": [
          17.034276,
          16.186191,
          15.256796,
          15.10461
        ]
      },
      {
        "date": "2024-01-05",
        "close": 16.754735,
        "volume": 960181,
        "typical_volume": 814446.1,
        "trend": 14.898425,
        "fair_value": 17.271628,
        "relative_strength": -7.841885,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.051227,
        "energy": 73.271432,
        "activity_lines": [
          17.033685,
          16.431084,
          15.43057,
          15.230286
        ]
      },
      {
        "date": "2024-01-12",
        "close": 16.320353,
        "volume": 1004144,
        "typical_volume": 839247.8,
        "trend": 14.977327,
        "fair_value": 17.311642,
        "relative_strength": -11.694782,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.29808,
        "energy": 49.663889,
        "activity_lines": [
          16.815608,
          16.517799,
          15.557491,
          15.322023
        ]
      },
      {
        "date": "2024-01-19",
        "close": 16.213974,
        "volume": 818202,
        "typical_volume": 850287.7,
        "trend": 15.080836,
        "fair_value": 17.352714,
        "relative_strength": -13.405369,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.206822,
        "energy": 38.567992,
        "activity_lines": [
          16.564434,
          16.552131,
          15.667955,
          15.401807
        ]
      },
      {
        "date": "2024-01-26",
        "close": 15.088127,
        "volume": 1321397,
        "typical_volume": 885133.55,
        "trend": 15.154862,
        "fair_value": 17.379735,
        "relative_strength": -18.853022,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.857328,
        "energy": 18.012498,
        "activity_lines": [
          15.997669,
          16.337922,
          15.668619,
          15.402277
        ]
      },
      {
        "date": "2024-02-02",
        "close": 14.290282,
        "volume": 1675492,
        "typical_volume": 921592.45,
        "trend": 15.191088,
        "fair_value": 17.396447,
        "relative_strength": -22.930558,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.868171,
        "energy": 17.716393,
        "activity_lines": [
          15.322752,
          15.976232,
          15.591178,
          15.346498
        ]
      },
      {
        "date": "2024-02-09",
        "close": 13.930098,
        "volume": 1942036,
        "typical_volume": 993227.9,
        "trend": 15.188303,
        "fair_value": 17.408007,
        "relative_strength": -25.074386,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.122542,
        "energy": 30.208682,
        "activity_lines": [
          14.72162,
          15.555341,
          15.481569,
          15.265143
        ]
      },
      {
        "date": "2024-02-16",
        "close": 13.876071,
        "volume": 1418563,
        "typical_volume": 1022259.8,
        "trend": 15.160736,
        "fair_value": 17.413382,
        "relative_strength": -23.009051,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.10497,
        "energy": 39.133476,
        "activity_lines": [
          14.290788,
          15.156158,
          15.367921,
          15.180483
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.67797,
        "volume": 1296363,
        "typical_volume": 1035387.35,
        "trend": 15.069108,
        "fair_value": 17.414136,
        "relative_strength": -23.831227,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.180426,
        "energy": 54.51975,
        "activity_lines": [
          13.956875,
          14.766043,
          15.236813,
          15.084821
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.515887,
        "volume": 1695364,
        "typical_volume": 1087801.6,
        "trend": 14.964896,
        "fair_value": 17.405422,
        "relative_strength": -24.947609,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.996225,
        "energy": 61.08733,
        "activity_lines": [
          13.738,
          14.408847,
          15.091618,
          14.984613
        ]
      },
      {
        "date": "2024-03-08",
        "close": 14.200236,
        "volume": 1888330,
        "typical_volume": 1133098.5,
        "trend": 14.882331,
        "fair_value": 17.386574,
        "relative_strength": -18.762763,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.158847,
        "energy": 49.403248,
        "activity_lines": [
          13.852059,
          14.247699,
          15.012101,
          14.93528
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.371814,
        "volume": 2783171,
        "typical_volume": 1211706.55,
        "trend": 14.807951,
        "fair_value": 17.369117,
        "relative_strength": -21.732776,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.137301,
        "energy": 46.752792,
        "activity_lines": [
          13.695979,
          13.990434,
          14.84777,
          14.837828
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.704984,
        "volume": 1209078,
        "typical_volume": 1231118.05,
        "trend": 14.76505,
        "fair_value": 17.356843,
        "relative_strength": -21.331366,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.722524,
        "energy": 34.531886,
        "activity_lines": [
          13.688175,
          13.855253,
          14.710535,
          14.766668
        ]
      },
      {
        "date": "2024-03-29",
        "close": 14.335305,
        "volume": 696795,
        "typical_volume": 1226901.9,
        "trend": 14.720458,
        "fair_value": 17.347593,
        "relative_strength": -16.572502,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.591457,
        "energy": 21.883864,
        "activity_lines": [
          13.901884,
          13.882227,
          14.637131,
          14.738943
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.659961,
        "volume": 1176965,
        "typical_volume": 1257938.6,
        "trend": 14.687699,
        "fair_value": 17.333202,
        "relative_strength": -19.137078,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -49.683232,
        "energy": 33.800622,
        "activity_lines": [
          13.846656,
          13.82057,
          14.496872,
          14.670524
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.353805,
        "volume": 979946,
        "typical_volume": 1283004.8,
        "trend": 14.641532,
        "fair_value": 17.315377,
        "relative_strength": -19.863128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.878711,
        "energy": 37.259069,
        "activity_lines": [
          13.679771,
          13.729214,
          14.333623,
          14.584466
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.695979,
        "volume": 966811,
        "typical_volume": 1291911.75,
        "trend": 14.625981,
        "fair_value": 17.299186,
        "relative_strength": -12.428862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.828651,
        "energy": 32.345489,
        "activity_lines": [
          13.683373,
          13.717099,
          14.209068,
          14.523463
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.245259,
        "volume": 1387193,
        "typical_volume": 1323605.65,
        "trend": 14.628448,
        "fair_value": 17.28743,
        "relative_strength": -11.937548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.194253,
        "energy": 27.653164,
        "activity_lines": [
          13.848457,
          13.80911,
          14.146199,
          14.4989
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.452365,
        "volume": 1040176,
        "typical_volume": 1272298.4,
        "trend": 14.644804,
        "fair_value": 17.270299,
        "relative_strength": -11.313995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.552297,
        "energy": 20.362126,
        "activity_lines": [
          14.046558,
          13.932063,
          14.113104,
          14.48754
        ]
      },
      {
        "date": "2024-05-10",
        "close": 14.763365,
        "volume": 878919,
        "typical_volume": 1274781.25,
        "trend": 14.682878,
        "fair_value": 17.254651,
        "relative_strength": -10.599725,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.928487,
        "energy": 17.162914,
        "activity_lines": [
          14.340522,
          14.097482,
          14.12228,
          14.495189
        ]
      },
      {
        "date": "2024-05-17",
        "close": 15.229865,
        "volume": 646119,
        "typical_volume": 1289262.25,
        "trend": 14.758621,
        "fair_value": 17.24322,
        "relative_strength": -9.560081,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.765402,
        "energy": 21.082455,
        "activity_lines": [
          14.716425,
          14.325038,
          14.188703,
          14.530478
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.232835,
        "volume": 659471,
        "typical_volume": 1274226.75,
        "trend": 14.819758,
        "fair_value": 17.227337,
        "relative_strength": -16.357848,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.857847,
        "energy": 17.953488,
        "activity_lines": [
          14.634915,
          14.352596,
          14.169542,
          14.496557
        ]
      },
      {
        "date": "2024-05-31",
        "close": 14.415776,
        "volume": 572938,
        "typical_volume": 1252666.45,
        "trend": 14.816849,
        "fair_value": 17.210942,
        "relative_strength": -13.615061,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.918198,
        "energy": 15.368344,
        "activity_lines": [
          14.578594,
          14.39776,
          14.179814,
          14.470493
        ]
      },
      {
        "date": "2024-06-07",
        "close": 14.241982,
        "volume": 883707,
        "typical_volume": 1255941.7,
        "trend": 14.831491,
        "fair_value": 17.196292,
        "relative_strength": -16.524201,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.132369,
        "energy": 10.301756,
        "activity_lines": [
          14.452974,
          14.398402,
          14.182603,
          14.433405
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.876099,
        "volume": 945953,
        "typical_volume": 1237169.5,
        "trend": 14.795523,
        "fair_value": 17.189202,
        "relative_strength": -21.043547,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.276683,
        "energy": 20.88127,
        "activity_lines": [
          14.219419,
          14.334216,
          14.159936,
          14.371767
        ]
      },
      {
        "date": "2024-06-21",
        "close": 14.049894,
        "volume": 1054443,
        "typical_volume": 1206117.05,
        "trend": 14.775985,
        "fair_value": 17.178426,
        "relative_strength": -19.921784,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.201358,
        "energy": 21.3741,
        "activity_lines": [
          14.102947,
          14.2977,
          14.159593,
          14.323662
        ]
      },
      {
        "date": "2024-06-28",
        "close": 15.293895,
        "volume": 880185,
        "typical_volume": 1153024.5,
        "trend": 14.763637,
        "fair_value": 17.180833,
        "relative_strength": -12.632372,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.272705,
        "energy": 3.545742,
        "activity_lines": [
          14.479806,
          14.47471,
          14.278871,
          14.357075
        ]
      },
      {
        "date": "2024-07-05",
        "close": 14.43407,
        "volume": 576072,
        "typical_volume": 1110899.95,
        "trend": 14.699579,
        "fair_value": 17.180077,
        "relative_strength": -20.074445,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.425236,
        "energy": 8.604114,
        "activity_lines": [
          14.499319,
          14.466335,
          14.309766,
          14.335813
        ]
      },
      {
        "date": "2024-07-12",
        "close": 15.897601,
        "volume": 1069550,
        "typical_volume": 1099559.3,
        "trend": 14.659188,
        "fair_value": 17.191664,
        "relative_strength": -11.493796,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.687524,
        "energy": 45.756948,
        "activity_lines": [
          15.005457,
          14.720623,
          14.477388,
          14.413105
        ]
      },
      {
        "date": "2024-07-19",
        "close": 17.845926,
        "volume": 1490721,
        "typical_volume": 1089327.15,
        "trend": 14.672216,
        "fair_value": 17.217373,
        "relative_strength": 3.54852,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 58.028157,
        "energy": 72.171018,
        "activity_lines": [
          16.050662,
          15.302875,
          14.819996,
          14.618701
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.760633,
        "volume": 1552629,
        "typical_volume": 1072542.1,
        "trend": 14.724305,
        "fair_value": 17.244556,
        "relative_strength": 11.895799,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 89.680277,
        "energy": 93.108314,
        "activity_lines": [
          17.136114,
          15.995391,
          15.229099,
          14.88247
        ]
      },
      {
        "date": "2024-08-02",
        "close": 17.251367,
        "volume": 1702475,
        "typical_volume": 1018507.3,
        "trend": 14.740859,
        "fair_value": 17.256804,
        "relative_strength": 6.527687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.633661,
        "energy": 83.335347,
        "activity_lines": [
          17.404428,
          16.3493,
          15.472746,
          15.045506
        ]
      },
      {
        "date": "2024-08-09",
        "close": 16.971232,
        "volume": 1299524,
        "typical_volume": 1023029.6,
        "trend": 14.762555,
        "fair_value": 17.267822,
        "relative_strength": 4.868228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.87373,
        "energy": 80.608659,
        "activity_lines": [
          17.448865,
          16.597392,
          15.67124,
          15.189401
        ]
      },
      {
        "date": "2024-08-16",
        "close": 17.555488,
        "volume": 744886,
        "typical_volume": 1025434.15,
        "trend": 14.807272,
        "fair_value": 17.283665,
        "relative_strength": 3.238153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.706661,
        "energy": 69.41875,
        "activity_lines": [
          17.518911,
          16.90525,
          15.909823,
          15.36959
        ]
      },
      {
        "date": "2024-08-23",
        "close": 18.826012,
        "volume": 633643,
        "typical_volume": 998268.05,
        "trend": 14.931869,
        "fair_value": 17.303541,
        "relative_strength": 9.695853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.013173,
        "energy": 60.003574,
        "activity_lines": [
          17.901938,
          17.383867,
          16.254075,
          15.628864
        ]
      },
      {
        "date": "2024-08-30",
        "close": 18.371591,
        "volume": 716030,
        "typical_volume": 985072.25,
        "trend": 15.067912,
        "fair_value": 17.325745,
        "relative_strength": 8.073601,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.202232,
        "energy": 53.952943,
        "activity_lines": [
          18.068153,
          17.689863,
          16.530448,
          15.850781
        ]
      },
      {
        "date": "2024-09-06",
        "close": 17.249449,
        "volume": 745795,
        "typical_volume": 974021.45,
        "trend": 15.178557,
        "fair_value": 17.343633,
        "relative_strength": 7.775231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.164033,
        "energy": 46.933594,
        "activity_lines": [
          17.886257,
          17.713257,
          16.676056,
          15.991525
        ]
      },
      {
        "date": "2024-09-13",
        "close": 17.555488,
        "volume": 802725,
        "typical_volume": 944798.05,
        "trend": 15.301204,
        "fair_value": 17.359629,
        "relative_strength": 3.710469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.637217,
        "energy": 43.16995,
        "activity_lines": [
          17.806501,
          17.756739,
          16.83389,
          16.144876
        ]
      },
      {
        "date": "2024-09-20",
        "close": 17.907896,
        "volume": 1326562,
        "typical_volume": 959117.35,
        "trend": 15.442202,
        "fair_value": 17.375675,
        "relative_strength": 4.385689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.434899,
        "energy": 33.984655,
        "activity_lines": [
          17.805265,
          17.807542,
          17.009523,
          16.313049
        ]
      },
      {
        "date": "2024-09-27",
        "close": 17.101067,
        "volume": 827945,
        "typical_volume": 956568.65,
        "trend": 15.561708,
        "fair_value": 17.380384,
        "relative_strength": -1.087599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.846044,
        "energy": 24.276914,
        "activity_lines": [
          17.511591,
          17.675098,
          17.091861,
          16.420073
        ]
      },
      {
        "date": "2024-10-04",
        "close": 17.434927,
        "volume": 765888,
        "typical_volume": 962557.1,
        "trend": 15.669531,
        "fair_value": 17.387695,
        "relative_strength": 0.876648,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.039538,
        "energy": 22.135492,
        "activity_lines": [
          17.444201,
          17.616899,
          17.194863,
          16.540926
        ]
      },
      {
        "date": "2024-10-11",
        "close": 18.455056,
        "volume": 740817,
        "typical_volume": 966624.4,
        "trend": 15.838972,
        "fair_value": 17.403704,
        "relative_strength": 5.479653,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.436696,
        "energy": 32.495441,
        "activity_lines": [
          17.779298,
          17.768282,
          17.384519,
          16.720637
        ]
      },
      {
        "date": "2024-10-18",
        "close": 19.150598,
        "volume": 1081640,
        "typical_volume": 992059.5,
        "trend": 16.020493,
        "fair_value": 17.420318,
        "relative_strength": 9.094658,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.873924,
        "energy": 41.736677,
        "activity_lines": [
          18.265868,
          18.024241,
          17.620312,
          16.93429
        ]
      },
      {
        "date": "2024-10-25",
        "close": 20.346931,
        "volume": 1426595,
        "typical_volume": 1019203.9,
        "trend": 16.22088,
        "fair_value": 17.43674,
        "relative_strength": 15.402899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.727162,
        "energy": 67.639893,
        "activity_lines": [
          19.044876,
          18.458091,
          17.947495,
          17.213415
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.255773,
        "volume": 1117186,
        "typical_volume": 1027765.55,
        "trend": 16.474074,
        "fair_value": 17.448763,
        "relative_strength": 22.251753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.637126,
        "energy": 84.666021,
        "activity_lines": [
          19.964228,
          19.006431,
          18.332163,
          17.538247
        ]
      },
      {
        "date": "2024-11-08",
        "close": 23.34035,
        "volume": 1307572,
        "typical_volume": 1040422.0,
        "trend": 16.806959,
        "fair_value": 17.475807,
        "relative_strength": 26.6751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.684616,
        "energy": 92.004014,
        "activity_lines": [
          21.301459,
          19.889608,
          18.88022,
          17.981233
        ]
      },
      {
        "date": "2024-11-15",
        "close": 24.053033,
        "volume": 1180774,
        "typical_volume": 1055451.45,
        "trend": 17.152194,
        "fair_value": 17.5083,
        "relative_strength": 34.481271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.447313,
        "energy": 94.798228,
        "activity_lines": [
          22.482556,
          20.812023,
          19.451912,
          18.448721
        ]
      },
      {
        "date": "2024-11-22",
        "close": 24.896999,
        "volume": 646328,
        "typical_volume": 1058964.25,
        "trend": 17.507252,
        "fair_value": 17.549053,
        "relative_strength": 35.836304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.790501,
        "energy": 94.699629,
        "activity_lines": [
          23.571777,
          21.764184,
          20.062272,
          18.948386
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24.803225,
        "volume": 600061,
        "typical_volume": 1035489.8,
        "trend": 17.852281,
        "fair_value": 17.592572,
        "relative_strength": 33.693384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.037187,
        "energy": 91.731636,
        "activity_lines": [
          24.246646,
          22.565813,
          20.613877,
          19.419094
        ]
      },
      {
        "date": "2024-12-06",
        "close": 24.06241,
        "volume": 994768,
        "typical_volume": 1010692.15,
        "trend": 18.162249,
        "fair_value": 17.630875,
        "relative_strength": 25.330439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.022822,
        "energy": 86.428745,
        "activity_lines": [
          24.377491,
          23.107379,
          21.05252,
          19.819748
        ]
      },
      {
        "date": "2024-12-13",
        "close": 24.381242,
        "volume": 852693,
        "typical_volume": 975695.35,
        "trend": 18.467295,
        "fair_value": 17.669151,
        "relative_strength": 25.792299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.169747,
        "energy": 71.738156,
        "activity_lines": [
          24.427504,
          23.580345,
          21.491927,
          20.220973
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.168175,
        "volume": 1672557,
        "typical_volume": 974199.45,
        "trend": 18.731806,
        "fair_value": 17.693136,
        "relative_strength": 17.004615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.514016,
        "energy": 54.428639,
        "activity_lines": [
          23.670435,
          23.524639,
          21.6938,
          20.45974
        ]
      },
      {
        "date": "2024-12-27",
        "close": 21.924363,
        "volume": 684147,
        "typical_volume": 943430.6,
        "trend": 18.982092,
        "fair_value": 17.711,
        "relative_strength": 14.688488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.929874,
        "energy": 37.603799,
        "activity_lines": [
          22.957752,
          23.357091,
          21.849039,
          20.665711
        ]
      },
      {
        "date": "2025-01-03",
        "close": 21.389851,
        "volume": 602623,
        "typical_volume": 936317.45,
        "trend": 19.220355,
        "fair_value": 17.715645,
        "relative_strength": 12.824305,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.851099,
        "energy": 25.322293,
        "activity_lines": [
          22.265075,
          23.041928,
          21.929787,
          20.82105
        ]
      },
      {
        "date": "2025-01-10",
        "close": 20.05826,
        "volume": 893807,
        "typical_volume": 949325.65,
        "trend": 19.426427,
        "fair_value": 17.705798,
        "relative_strength": 8.20714,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.797192,
        "energy": 24.542656,
        "activity_lines": [
          21.356092,
          22.465695,
          21.865457,
          20.875109
        ]
      },
      {
        "date": "2025-01-17",
        "close": 21.324209,
        "volume": 763017,
        "typical_volume": 951675.0,
        "trend": 19.668904,
        "fair_value": 17.712665,
        "relative_strength": 11.702243,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.81513,
        "energy": 24.553139,
        "activity_lines": [
          21.136036,
          22.141407,
          21.915826,
          20.997546
        ]
      },
      {
        "date": "2025-01-24",
        "close": 21.549267,
        "volume": 892701,
        "typical_volume": 959020.3,
        "trend": 19.877416,
        "fair_value": 17.712996,
        "relative_strength": 10.915348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.517071,
        "energy": 19.022201,
        "activity_lines": [
          21.194801,
          21.894696,
          21.973569,
          21.11886
        ]
      },
      {
        "date": "2025-01-31",
        "close": 22.524517,
        "volume": 1009154,
        "typical_volume": 969341.75,
        "trend": 20.147098,
        "fair_value": 17.718647,
        "relative_strength": 16.974444,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.707926,
        "energy": 16.362681,
        "activity_lines": [
          21.61991,
          21.870826,
          22.103718,
          21.289641
        ]
      },
      {
        "date": "2025-02-07",
        "close": 23.049651,
        "volume": 793186,
        "typical_volume": 942672.95,
        "trend": 20.3855,
        "fair_value": 17.727298,
        "relative_strength": 18.812637,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.663427,
        "energy": 25.884731,
        "activity_lines": [
          22.180053,
          21.985572,
          22.260217,
          21.476902
        ]
      },
      {
        "date": "2025-02-14",
        "close": 23.031,
        "volume": 682187,
        "typical_volume": 935385.05,
        "trend": 20.558335,
        "fair_value": 17.734942,
        "relative_strength": 14.739478,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 44.51043,
        "energy": 31.667608,
        "activity_lines": [
          22.623327,
          22.128809,
          22.390456,
          21.64758
        ]
      },
      {
        "date": "2025-02-21",
        "close": 22.481063,
        "volume": 912173,
        "typical_volume": 942699.3,
        "trend": 20.68235,
        "fair_value": 17.741725,
        "relative_strength": 13.909695,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 40.287402,
        "energy": 33.410482,
        "activity_lines": [
          22.685105,
          22.190811,
          22.440082,
          21.771627
        ]
      },
      {
        "date": "2025-02-28",
        "close": 22.765513,
        "volume": 1158202,
        "typical_volume": 963568.55,
        "trend": 20.866155,
        "fair_value": 17.758949,
        "relative_strength": 18.548146,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 41.132901,
        "energy": 31.75486,
        "activity_lines": [
          22.764576,
          22.339079,
          22.492769,
          21.906024
        ]
      },
      {
        "date": "2025-03-07",
        "close": 21.27689,
        "volume": 795027,
        "typical_volume": 949237.9,
        "trend": 21.009676,
        "fair_value": 17.766109,
        "relative_strength": 13.865058,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.754463,
        "energy": 14.808787,
        "activity_lines": [
          22.266756,
          22.205829,
          22.383156,
          21.932523
        ]
      },
      {
        "date": "2025-03-14",
        "close": 20.717471,
        "volume": 995860,
        "typical_volume": 927701.15,
        "trend": 21.115076,
        "fair_value": 17.767124,
        "relative_strength": 12.977868,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.352863,
        "energy": 7.972965,
        "activity_lines": [
          21.665639,
          21.982638,
          22.21014,
          21.913671
        ]
      },
      {
        "date": "2025-03-21",
        "close": 21.295853,
        "volume": 1369942,
        "typical_volume": 940338.95,
        "trend": 21.197404,
        "fair_value": 17.765682,
        "relative_strength": 15.068735,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.740482,
        "energy": 14.544291,
        "activity_lines": [
          21.412794,
          21.876832,
          22.090444,
          21.925334
        ]
      },
      {
        "date": "2025-03-28",
        "close": 21.409633,
        "volume": 839783,
        "typical_volume": 916949.5,
        "trend": 21.298672,
        "fair_value": 17.773275,
        "relative_strength": 17.673,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.352196,
        "energy": 16.762929,
        "activity_lines": [
          21.313552,
          21.769212,
          21.981393,
          21.939026
        ]
      },
      {
        "date": "2025-04-04",
        "close": 19.36159,
        "volume": 1636384,
        "typical_volume": 939730.0,
        "trend": 21.369077,
        "fair_value": 17.774687,
        "relative_strength": 17.21723,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -43.010734,
        "energy": 49.838303,
        "activity_lines": [
          20.603058,
          21.287667,
          21.686485,
          21.814053
        ]
      },
      {
        "date": "2025-04-11",
        "close": 19.390035,
        "volume": 1968702,
        "typical_volume": 1005848.7,
        "trend": 21.430228,
        "fair_value": 17.773878,
        "relative_strength": 8.550405,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.541697,
        "energy": 53.52399,
        "activity_lines": [
          20.128974,
          20.85107,
          21.416625,
          21.686373
        ]
      },
      {
        "date": "2025-04-18",
        "close": 20.37613,
        "volume": 792281,
        "typical_volume": 1015459.7,
        "trend": 21.512503,
        "fair_value": 17.77657,
        "relative_strength": 15.998562,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.523174,
        "energy": 47.698478,
        "activity_lines": [
          20.109379,
          20.650754,
          21.266903,
          21.618367
        ]
      },
      {
        "date": "2025-04-25",
        "close": 21.56134,
        "volume": 941709,
        "typical_volume": 1012806.75,
        "trend": 21.661179,
        "fair_value": 17.793859,
        "relative_strength": 14.663575,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -52.93042,
        "energy": 43.419881,
        "activity_lines": [
          20.507609,
          20.71454,
          21.25114,
          21.621518
        ]
      },
      {
        "date": "2025-05-02",
        "close": 22.272466,
        "volume": 854046,
        "typical_volume": 1012874.4,
        "trend": 21.82243,
        "fair_value": 17.814505,
        "relative_strength": 13.833336,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -25.282151,
        "energy": 14.234704,
        "activity_lines": [
          21.125183,
          20.934342,
          21.315013,
          21.660956
        ]
      },
      {
        "date": "2025-05-09",
        "close": 22.396498,
        "volume": 670349,
        "typical_volume": 962764.0,
        "trend": 21.953811,
        "fair_value": 17.839742,
        "relative_strength": 13.995454,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.636266,
        "energy": 16.369675,
        "activity_lines": [
          21.726578,
          21.180489,
          21.40074,
          21.697992
        ]
      },
      {
        "date": "2025-05-16",
        "close": 22.885672,
        "volume": 612605,
        "typical_volume": 959186.9,
        "trend": 22.078314,
        "fair_value": 17.871754,
        "relative_strength": 8.477361,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.949061,
        "energy": 22.494586,
        "activity_lines": [
          22.288704,
          21.522285,
          21.531967,
          21.758112
        ]
      },
      {
        "date": "2025-05-23",
        "close": 21.878549,
        "volume": 541795,
        "typical_volume": 956145.5,
        "trend": 22.129368,
        "fair_value": 17.888926,
        "relative_strength": 5.615183,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.565021,
        "energy": 21.525339,
        "activity_lines": [
          22.28208,
          21.651718,
          21.562701,
          21.745224
        ]
      },
      {
        "date": "2025-05-30",
        "close": 21.984057,
        "volume": 414666,
        "typical_volume": 932188.45,
        "trend": 22.153644,
        "fair_value": 17.904348,
        "relative_strength": 3.608569,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.676981,
        "energy": 18.27194,
        "activity_lines": [
          22.210464,
          21.779224,
          21.601156,
          21.735849
        ]
      },
      {
        "date": "2025-06-06",
        "close": 22.377314,
        "volume": 498612,
        "typical_volume": 918968.2,
        "trend": 22.121543,
        "fair_value": 17.931361,
        "relative_strength": 2.765319,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.045071,
        "energy": 19.693712,
        "activity_lines": [
          22.241752,
          21.965718,
          21.667894,
          21.75028
        ]
      },
      {
        "date": "2025-06-13",
        "close": 22.041607,
        "volume": 500439,
        "typical_volume": 899355.1,
        "trend": 22.054495,
        "fair_value": 17.957329,
        "relative_strength": 1.19103,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.045546,
        "energy": 9.168552,
        "activity_lines": [
          22.154149,
          22.07358,
          21.697644,
          21.745123
        ]
      },
      {
        "date": "2025-06-20",
        "close": 21.868957,
        "volume": 921180,
        "typical_volume": 894956.4,
        "trend": 21.95356,
        "fair_value": 17.978289,
        "relative_strength": -0.137723,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.452539,
        "energy": 4.513941,
        "activity_lines": [
          22.032655,
          22.101324,
          21.708607,
          21.733152
        ]
      },
      {
        "date": "2025-06-27",
        "close": 23.796878,
        "volume": 974646,
        "typical_volume": 904029.4,
        "trend": 21.920015,
        "fair_value": 18.010816,
        "relative_strength": 3.791974,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.111709,
        "energy": 28.98891,
        "activity_lines": [
          22.621582,
          22.434527,
          21.906304,
          21.852076
        ]
      },
      {
        "date": "2025-07-04",
        "close": 25.43705,
        "volume": 519041,
        "typical_volume": 895872.1,
        "trend": 21.965837,
        "fair_value": 18.054437,
        "relative_strength": 8.502139,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.788739,
        "energy": 68.930073,
        "activity_lines": [
          23.629344,
          23.003748,
          22.256649,
          22.078982
        ]
      },
      {
        "date": "2025-07-11",
        "close": 24.746451,
        "volume": 630836,
        "typical_volume": 881805.25,
        "trend": 21.97801,
        "fair_value": 18.094685,
        "relative_strength": 5.34773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.633665,
        "energy": 75.362881,
        "activity_lines": [
          24.176707,
          23.376938,
          22.529766,
          22.258376
        ]
      },
      {
        "date": "2025-07-18",
        "close": 24.871143,
        "volume": 729634,
        "typical_volume": 860376.85,
        "trend": 22.068109,
        "fair_value": 18.130355,
        "relative_strength": 4.236855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.213918,
        "energy": 78.048555,
        "activity_lines": [
          24.607692,
          23.727818,
          22.80397,
          22.44503
        ]
      },
      {
        "date": "2025-07-25",
        "close": 22.444456,
        "volume": 1239732,
        "typical_volume": 882612.1,
        "trend": 22.085446,
        "fair_value": 18.140977,
        "relative_strength": -6.735032,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.052212,
        "energy": 61.969318,
        "activity_lines": [
          24.041146,
          23.592489,
          22.837034,
          22.46931
        ]
      },
      {
        "date": "2025-08-01",
        "close": 21.514066,
        "volume": 1078208,
        "typical_volume": 886729.5,
        "trend": 22.089586,
        "fair_value": 18.142524,
        "relative_strength": -8.592845,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 24.575534,
        "energy": 16.395784,
        "activity_lines": [
          23.126102,
          23.29602,
          22.77593,
          22.432447
        ]
      },
      {
        "date": "2025-08-08",
        "close": 22.092791,
        "volume": 789346,
        "typical_volume": 857699.7,
        "trend": 22.157404,
        "fair_value": 18.141497,
        "relative_strength": -9.53396,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 21.261637,
        "energy": 17.97347,
        "activity_lines": [
          22.556155,
          23.1114,
          22.76615,
          22.432654
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.908166,
        "volume": 888820,
        "typical_volume": 860151.55,
        "trend": 22.210202,
        "fair_value": 18.14788,
        "relative_strength": -6.754603,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 21.455023,
        "energy": 22.210382,
        "activity_lines": [
          22.48095,
          23.073054,
          22.830229,
          22.48109
        ]
      },
      {
        "date": "2025-08-22",
        "close": 24.218591,
        "volume": 609818,
        "typical_volume": 808823.25,
        "trend": 22.29918,
        "fair_value": 18.167296,
        "relative_strength": -0.625487,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.838112,
        "energy": 22.489934,
        "activity_lines": [
          22.965105,
          23.263315,
          23.011975,
          22.610664
        ]
      },
      {
        "date": "2025-08-29",
        "close": 24.422435,
        "volume": 922744,
        "typical_volume": 756525.35,
        "trend": 22.362444,
        "fair_value": 18.194835,
        "relative_strength": 0.304444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.924177,
        "energy": 29.441858,
        "activity_lines": [
          23.560712,
          23.451057,
          23.190006,
          22.747648
        ]
      },
      {
        "date": "2025-09-05",
        "close": 24.208884,
        "volume": 697943,
        "typical_volume": 751808.45,
        "trend": 22.401085,
        "fair_value": 18.218768,
        "relative_strength": -1.698618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.267299,
        "energy": 45.257627,
        "activity_lines": [
          23.95327,
          23.553544,
          23.323734,
          22.866773
        ]
      },
      {
        "date": "2025-09-12",
        "close": 24.111815,
        "volume": 583819,
        "typical_volume": 733913.95,
        "trend": 22.437112,
        "fair_value": 18.242398,
        "relative_strength": -4.032815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.043236,
        "energy": 50.679797,
        "activity_lines": [
          24.133818,
          23.630892,
          23.429967,
          22.977143
        ]
      },
      {
        "date": "2025-09-19",
        "close": 24.451555,
        "volume": 967153,
        "typical_volume": 739569.3,
        "trend": 22.502795,
        "fair_value": 18.272252,
        "relative_strength": -4.889363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.691129,
        "energy": 50.508275,
        "activity_lines": [
          24.29301,
          23.794105,
          23.556412,
          23.107107
        ]
      },
      {
        "date": "2025-09-26",
        "close": 24.3739,
        "volume": 641785,
        "typical_volume": 738141.1,
        "trend": 22.556408,
        "fair_value": 18.302408,
        "relative_strength": -5.000746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.777988,
        "energy": 45.260611,
        "activity_lines": [
          24.323425,
          23.948562,
          23.665083,
          23.227823
        ]
      },
      {
        "date": "2025-10-03",
        "close": 24.034161,
        "volume": 603486,
        "typical_volume": 737685.15,
        "trend": 22.648317,
        "fair_value": 18.330173,
        "relative_strength": -7.604687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.464884,
        "energy": 32.408411,
        "activity_lines": [
          24.230239,
          24.050288,
          23.731983,
          23.323162
        ]
      },
      {
        "date": "2025-10-10",
        "close": 23.131424,
        "volume": 667175,
        "typical_volume": 743954.15,
        "trend": 22.728782,
        "fair_value": 18.345176,
        "relative_strength": -9.07771,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.321158,
        "energy": 18.759469,
        "activity_lines": [
          23.862026,
          23.958977,
          23.707438,
          23.35433
        ]
      },
      {
        "date": "2025-10-17",
        "close": 22.626667,
        "volume": 624356,
        "typical_volume": 754438.65,
        "trend": 22.773143,
        "fair_value": 18.357315,
        "relative_strength": -13.129882,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 15.16037,
        "energy": 10.933026,
        "activity_lines": [
          23.397391,
          23.746485,
          23.628856,
          23.347742
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.257029,
        "volume": 1177161,
        "typical_volume": 788366.1,
        "trend": 22.934723,
        "fair_value": 18.381811,
        "relative_strength": -1.398363,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.546762,
        "energy": 31.61829,
        "activity_lines": [
          24.241887,
          24.184352,
          23.892962,
          23.572509
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.626084,
        "volume": 1105477,
        "typical_volume": 818618.0,
        "trend": 23.143539,
        "fair_value": 18.404872,
        "relative_strength": -5.468077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.424442,
        "energy": 38.603711,
        "activity_lines": [
          24.755703,
          24.446613,
          24.078503,
          23.746145
        ]
      },
      {
        "date": "2025-11-07",
        "close": 26.073093,
        "volume": 811312,
        "typical_volume": 813124.6,
        "trend": 23.366308,
        "fair_value": 18.430529,
        "relative_strength": -0.642376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.662513,
        "energy": 62.907208,
        "activity_lines": [
          25.335043,
          24.764558,
          24.289547,
          23.935149
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.504539,
        "volume": 653008,
        "typical_volume": 797042.7,
        "trend": 23.570588,
        "fair_value": 18.460242,
        "relative_strength": 1.381716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.486722,
        "energy": 75.739785,
        "activity_lines": [
          25.92227,
          25.130936,
          24.521662,
          24.137615
        ]
      },
      {
        "date": "2025-11-21",
        "close": 26.730068,
        "volume": 695298,
        "typical_volume": 805855.55,
        "trend": 23.742879,
        "fair_value": 18.487369,
        "relative_strength": 5.698403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.999822,
        "energy": 75.966902,
        "activity_lines": [
          26.359798,
          25.49658,
          24.762363,
          24.341453
        ]
      },
      {
        "date": "2025-11-28",
        "close": 27.08307,
        "volume": 783259,
        "typical_volume": 813476.7,
        "trend": 23.903232,
        "fair_value": 18.516705,
        "relative_strength": 2.285698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.932712,
        "energy": 76.638689,
        "activity_lines": [
          26.641434,
          25.878802,
          25.030525,
          24.556949
        ]
      },
      {
        "date": "2025-12-05",
        "close": 27.563544,
        "volume": 1052439,
        "typical_volume": 829616.95,
        "trend": 24.075467,
        "fair_value": 18.558044,
        "relative_strength": 3.15067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.854314,
        "energy": 77.109749,
        "activity_lines": [
          27.028158,
          26.300536,
          25.33332,
          24.793098
        ]
      },
      {
        "date": "2025-12-12",
        "close": 28.475465,
        "volume": 1224799,
        "typical_volume": 828870.3,
        "trend": 24.261794,
        "fair_value": 18.612432,
        "relative_strength": 8.612995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.213509,
        "energy": 78.398928,
        "activity_lines": [
          27.589692,
          26.830081,
          25.710144,
          25.076969
        ]
      },
      {
        "date": "2025-12-19",
        "close": 27.965574,
        "volume": 3407932,
        "typical_volume": 945356.5,
        "trend": 24.464694,
        "fair_value": 18.658821,
        "relative_strength": 5.963005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.946683,
        "energy": 69.956422,
        "activity_lines": [
          27.821105,
          27.186168,
          26.009687,
          25.315922
        ]
      },
      {
        "date": "2025-12-26",
        "close": 27.210543,
        "volume": 1215227,
        "typical_volume": 966650.55,
        "trend": 24.638911,
        "fair_value": 18.700209,
        "relative_strength": 1.775007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.977867,
        "energy": 55.030135,
        "activity_lines": [
          27.703438,
          27.317082,
          26.206601,
          25.493074
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.328038,
        "volume": 1110315,
        "typical_volume": 977725.3,
        "trend": 24.770601,
        "fair_value": 18.736477,
        "relative_strength": 0.137145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.693507,
        "energy": 43.07694,
        "activity_lines": [
          27.259571,
          27.204198,
          26.295097,
          25.60205
        ]
      },
      {
        "date": "2026-01-09",
        "close": 27.475294,
        "volume": 1503361,
        "typical_volume": 1022402.45,
        "trend": 24.951724,
        "fair_value": 18.776444,
        "relative_strength": 2.056809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.38049,
        "energy": 33.837955,
        "activity_lines": [
          27.248458,
          27.298615,
          26.476571,
          25.776546
        ]
      },
      {
        "date": "2026-01-16",
        "close": 28.083241,
        "volume": 956342,
        "typical_volume": 1024082.35,
        "trend": 25.158867,
        "fair_value": 18.824501,
        "relative_strength": 5.026011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.77541,
        "energy": 34.889701,
        "activity_lines": [
          27.445877,
          27.469945,
          26.700436,
          25.978579
        ]
      },
      {
        "date": "2026-01-23",
        "close": 28.406826,
        "volume": 1148029,
        "typical_volume": 1046586.65,
        "trend": 25.312532,
        "fair_value": 18.882212,
        "relative_strength": 5.763755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.257933,
        "energy": 44.240404,
        "activity_lines": [
          27.777306,
          27.663561,
          26.937686,
          26.188125
        ]
      },
      {
        "date": "2026-01-30",
        "close": 26.053482,
        "volume": 2250147,
        "typical_volume": 1129903.05,
        "trend": 25.33308,
        "fair_value": 18.918225,
        "relative_strength": -2.802861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.06741,
        "energy": 26.964119,
        "activity_lines": [
          27.294871,
          27.39471,
          26.930818,
          26.235928
        ]
      },
      {
        "date": "2026-02-06",
        "close": 27.543933,
        "volume": 1438202,
        "typical_volume": 1153455.5,
        "trend": 25.426329,
        "fair_value": 18.966399,
        "relative_strength": 4.776089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.268667,
        "energy": 27.492594,
        "activity_lines": [
          27.38639,
          27.409151,
          27.056651,
          26.378564
        ]
      },
      {
        "date": "2026-02-13",
        "close": 26.597379,
        "volume": 1152656,
        "typical_volume": 1178999.05,
        "trend": 25.48387,
        "fair_value": 19.007203,
        "relative_strength": 2.42102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.829119,
        "energy": 18.002424,
        "activity_lines": [
          27.081331,
          27.243112,
          27.077611,
          26.454116
        ]
      },
      {
        "date": "2026-02-20",
        "close": 27.132298,
        "volume": 1399531,
        "typical_volume": 1218801.3,
        "trend": 25.640132,
        "fair_value": 19.050946,
        "relative_strength": 3.223979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.985288,
        "energy": 17.417686,
        "activity_lines": [
          27.013106,
          27.191897,
          27.138928,
          26.560466
        ]
      },
      {
        "date": "2026-02-27",
        "close": 25.864341,
        "volume": 1512382,
        "typical_volume": 1261061.65,
        "trend": 25.785141,
        "fair_value": 19.08944,
        "relative_strength": -1.246577,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.693308,
        "energy": 7.833812,
        "activity_lines": [
          26.585625,
          26.934566,
          27.064734,
          26.574931
        ]
      },
      {
        "date": "2026-03-06",
        "close": 25.517634,
        "volume": 1113337,
        "typical_volume": 1285510.7,
        "trend": 25.899302,
        "fair_value": 19.136519,
        "relative_strength": -1.304368,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.357238,
        "energy": 12.255408,
        "activity_lines": [
          26.212075,
          26.652402,
          26.944506,
          26.557672
        ]
      },
      {
        "date": "2026-03-13",
        "close": 25.151116,
        "volume": 1307568,
        "typical_volume": 1292031.05,
        "trend": 25.974067,
        "fair_value": 19.193088,
        "relative_strength": -1.688077,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.684726,
        "energy": 27.698292,
        "activity_lines": [
          25.752074,
          26.334378,
          26.775605,
          26.509402
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.101586,
        "volume": 3009856,
        "typical_volume": 1387250.0,
        "trend": 26.003501,
        "fair_value": 19.252327,
        "relative_strength": 0.145779,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.073215,
        "energy": 39.180518,
        "activity_lines": [
          25.435085,
          26.028748,
          26.607254,
          26.453113
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.666223,
        "volume": 1220686,
        "typical_volume": 1407718.7,
        "trend": 26.04496,
        "fair_value": 19.316,
        "relative_strength": 5.824167,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.801426,
        "energy": 36.470811,
        "activity_lines": [
          25.406028,
          25.868937,
          26.495175,
          26.431353
        ]
      },
      {
        "date": "2026-04-03",
        "close": 26.220954,
        "volume": 982838,
        "typical_volume": 1424210.2,
        "trend": 26.112029,
        "fair_value": 19.384641,
        "relative_strength": 4.027457,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.16412,
        "energy": 22.956239,
        "activity_lines": [
          25.659619,
          25.853932,
          26.437865,
          26.442708
        ]
      },
      {
        "date": "2026-04-10",
        "close": 27.736559,
        "volume": 1006081,
        "typical_volume": 1439749.35,
        "trend": 26.232854,
        "fair_value": 19.465822,
        "relative_strength": 5.224096,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.30558,
        "energy": 6.715965,
        "activity_lines": [
          26.394638,
          26.154234,
          26.526248,
          26.547516
        ]
      },
      {
        "date": "2026-04-17",
        "close": 27.835618,
        "volume": 1190805,
        "typical_volume": 1460126.65,
        "trend": 26.345656,
        "fair_value": 19.545845,
        "relative_strength": -0.406595,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.488883,
        "energy": 24.282803,
        "activity_lines": [
          27.014748,
          26.441946,
          26.619273,
          26.65092
        ]
      },
      {
        "date": "2026-04-24",
        "close": 29.846519,
        "volume": 1656886,
        "typical_volume": 1490349.0,
        "trend": 26.528077,
        "fair_value": 19.649404,
        "relative_strength": 4.524768,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.606382,
        "energy": 52.769078,
        "activity_lines": [
          28.126192,
          27.089973,
          26.900229,
          26.876782
        ]
      },
      {
        "date": "2026-05-01",
        "close": 29.886142,
        "volume": 1510437,
        "typical_volume": 1504630.9,
        "trend": 26.723143,
        "fair_value": 19.760874,
        "relative_strength": 3.133624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.057283,
        "energy": 76.928291,
        "activity_lines": [
          28.934514,
          27.686129,
          27.174087,
          27.093432
        ]
      },
      {
        "date": "2026-05-08",
        "close": 30.37,
        "volume": 1367123,
        "typical_volume": 1402590.45,
        "trend": 26.964429,
        "fair_value": 19.879479,
        "relative_strength": -0.510734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.920852,
        "energy": 82.411674,
        "activity_lines": [
          29.622795,
          28.320189,
          27.48731,
          27.328713
        ]
      },
      {
        "date": "2026-05-15",
        "close": 29.09,
        "volume": 987657,
        "typical_volume": 1391211.95,
        "trend": 27.179873,
        "fair_value": 19.984741,
        "relative_strength": -4.265524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.229431,
        "energy": 76.554163,
        "activity_lines": [
          29.607805,
          28.639601,
          27.667178,
          27.465847
        ]
      },
      {
        "date": "2026-05-22",
        "close": 30.17,
        "volume": 1312511,
        "typical_volume": 1401321.75,
        "trend": 27.310305,
        "fair_value": 20.095545,
        "relative_strength": -1.855312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.463567,
        "energy": 75.120259,
        "activity_lines": [
          29.862587,
          29.090424,
          27.940953,
          27.658758
        ]
      },
      {
        "date": "2026-05-29",
        "close": 30.12,
        "volume": 725436,
        "typical_volume": 1362425.5,
        "trend": 27.460103,
        "fair_value": 20.20089,
        "relative_strength": -4.701221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.620413,
        "energy": 61.695684,
        "activity_lines": [
          29.945076,
          29.440904,
          28.191671,
          27.840029
        ]
      },
      {
        "date": "2026-06-05",
        "close": 30.43,
        "volume": 957238,
        "typical_volume": 1362470.3,
        "trend": 27.605333,
        "fair_value": 20.306179,
        "relative_strength": 0.78495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.91508,
        "energy": 51.792277,
        "activity_lines": [
          30.112667,
          29.756504,
          28.45932,
          28.031635
        ]
      },
      {
        "date": "2026-06-12",
        "close": 31.75,
        "volume": 1015952,
        "typical_volume": 1355866.45,
        "trend": 27.780182,
        "fair_value": 20.42026,
        "relative_strength": 2.689781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.338521,
        "energy": 69.301727,
        "activity_lines": [
          30.684,
          30.225489,
          28.841507,
          28.299033
        ]
      },
      {
        "date": "2026-06-19",
        "close": 31.21,
        "volume": 1379993,
        "typical_volume": 1312358.75,
        "trend": 27.929513,
        "fair_value": 20.536294,
        "relative_strength": -1.705548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.856633,
        "energy": 63.574699,
        "activity_lines": [
          30.983333,
          30.495765,
          29.156346,
          28.520311
        ]
      },
      {
        "date": "2026-06-26",
        "close": 32.67,
        "volume": 1714583,
        "typical_volume": 1326177.8,
        "trend": 28.115744,
        "fair_value": 20.663234,
        "relative_strength": 7.611574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.543853,
        "energy": 78.435629,
        "activity_lines": [
          31.628,
          30.968342,
          29.585678,
          28.826149
        ]
      },
      {
        "date": "2026-07-03",
        "close": 32.208266,
        "volume": 893604,
        "typical_volume": 1313225.2,
        "trend": 28.270568,
        "fair_value": 20.785059,
        "relative_strength": 5.218562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.721647,
        "energy": 74.917337,
        "activity_lines": [
          31.952089,
          31.269069,
          29.946626,
          29.090183
        ]
      },
      {
        "date": "2026-07-10",
        "close": 31.772081,
        "volume": 923592,
        "typical_volume": 1289428.25,
        "trend": 28.380455,
        "fair_value": 20.898896,
        "relative_strength": 1.993455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.641076,
        "energy": 61.963357,
        "activity_lines": [
          31.991565,
          31.447549,
          30.239313,
          29.316087
        ]
      },
      {
        "date": "2026-07-17",
        "close": 32.347052,
        "volume": 1412821,
        "typical_volume": 1284450.2,
        "trend": 28.526504,
        "fair_value": 21.011998,
        "relative_strength": 8.247124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.509883,
        "energy": 57.557772,
        "activity_lines": [
          32.133225,
          31.69628,
          30.564666,
          29.571997
        ]
      },
      {
        "date": "2026-07-24",
        "close": 31.415203,
        "volume": 1982590,
        "typical_volume": 1327912.85,
        "trend": 28.666659,
        "fair_value": 21.108077,
        "relative_strength": 6.541567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.931623,
        "energy": 46.81892,
        "activity_lines": [
          31.924467,
          31.739637,
          30.7704,
          29.758364
        ]
      },
      {
        "date": "2026-07-31",
        "close": 31.603555,
        "volume": 1343847,
        "typical_volume": 1329726.8,
        "trend": 28.84251,
        "fair_value": 21.203983,
        "relative_strength": 6.264987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.343436,
        "energy": 37.686074,
        "activity_lines": [
          31.764811,
          31.774963,
          30.96599,
          29.947841
        ]
      },
      {
        "date": "2026-08-07",
        "close": 31.91,
        "volume": 1200129,
        "typical_volume": 1239240.45,
        "trend": 28.990334,
        "fair_value": 21.301629,
        "relative_strength": 1.844575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.457327,
        "energy": 36.229573,
        "activity_lines": [
          31.778401,
          31.839942,
          31.160039,
          30.145744
        ]
      }
    ],
    "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."
    }
  }
}