{
  "ticker": {
    "uuid": "af4d10d9-79aa-4ed6-b7da-abc8793eb6a0",
    "symbol": "NSGE",
    "name": "NBI Sustainable Global Equity ETF",
    "exchange": "TOR",
    "country": "CA",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GSPTSE",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 50.647,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 56.492,
    "architecture_energy": 36.037,
    "architecture_maturity": 61.528,
    "architecture_confidence": 76.676,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 23.52,
        "rotation_up": 36.15,
        "upward_expansion": 63.95,
        "deceleration": 85.43,
        "rotation_down": 27.82,
        "downward_expansion": 22.95
      },
      "activity_lines": [
        44.168667,
        44.302546,
        43.866524,
        43.084882
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 44.740002,
    "trend_reference": 42.343333,
    "distance_from_trend": 0.056601,
    "trend_direction": "Improving",
    "fair_value": 40.163355,
    "distance_from_fair_value": 0.113951,
    "fair_value_direction": "Improving",
    "relative_strength": -7.010047,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.074964,
    "excess_performance": -0.045457,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.056601,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.012886,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.113951,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.00832,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.0701,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.013425,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.074964,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.546568,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5800,
      "relative_activity": 1.409272,
      "balance": 4.546568,
      "dry_up": 0.906368,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.018672,
      "annualized_volatility": 0.156288,
      "from_high_reference": -0.013233,
      "from_low_reference": 0.167232
    },
    "levels": {
      "trend_reference": 42.343333,
      "fair_value_reference": 40.163355,
      "structural_low": 38.330002,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.003735,
        "positive_rate": 0.533333,
        "directional_follow_through": 0.533333,
        "median_excess_return": 0.007974,
        "regime_survival": 0.466667,
        "best_return": 0.080753,
        "worst_return": -0.088598,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.005917,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.011799,
        "regime_survival": 0.142857,
        "best_return": 0.065017,
        "worst_return": -0.122982,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.024597,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.057674,
        "regime_survival": 0.166667,
        "best_return": 0.13277,
        "worst_return": -0.115331,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.005375,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.099047,
        "regime_survival": 0.0,
        "best_return": 0.207614,
        "worst_return": -0.223363,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-02-14",
        "tenure": "New",
        "return": -0.034166,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.036938,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.015853,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.026149,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": -0.005252,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-11-14",
        "tenure": "Established",
        "return": 0.026905,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-21",
        "end": "2025-11-28",
        "tenure": "New",
        "return": 0.034937,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.024571,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-26",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.021108,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.011401,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-13",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.022439,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.00092,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-19",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.025812,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 34.740868,
        "volume": 1997,
        "typical_volume": 1240.75,
        "trend": 33.666795,
        "fair_value": 34.058641,
        "relative_strength": 6.84076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.258404,
        "energy": 76.507111,
        "activity_lines": [
          34.962568,
          34.825123,
          34.30599,
          33.966837
        ]
      },
      {
        "date": "2023-08-25",
        "close": 34.740868,
        "volume": 0,
        "typical_volume": 1072.65,
        "trend": 33.717957,
        "fair_value": 34.089029,
        "relative_strength": 6.566039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.557955,
        "energy": 59.133303,
        "activity_lines": [
          34.853029,
          34.839434,
          34.392057,
          34.036132
        ]
      },
      {
        "date": "2023-09-01",
        "close": 34.740868,
        "volume": 0,
        "typical_volume": 1052.6,
        "trend": 33.739602,
        "fair_value": 34.124439,
        "relative_strength": 2.768406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.174533,
        "energy": 57.932095,
        "activity_lines": [
          34.78547,
          34.844801,
          34.468003,
          34.102126
        ]
      },
      {
        "date": "2023-09-08",
        "close": 34.917965,
        "volume": 202,
        "typical_volume": 922.7,
        "trend": 33.764527,
        "fair_value": 34.160985,
        "relative_strength": 5.534021,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 50.999531,
        "energy": 56.423708,
        "activity_lines": [
          34.818922,
          34.873423,
          34.552102,
          34.178149
        ]
      },
      {
        "date": "2023-09-15",
        "close": 34.514576,
        "volume": 2000,
        "typical_volume": 1012.7,
        "trend": 33.78978,
        "fair_value": 34.190048,
        "relative_strength": 1.43296,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 45.058798,
        "energy": 45.062647,
        "activity_lines": [
          34.712663,
          34.812422,
          34.58874,
          34.22654
        ]
      },
      {
        "date": "2023-09-22",
        "close": 33.589725,
        "volume": 200,
        "typical_volume": 937.4,
        "trend": 33.813066,
        "fair_value": 34.213936,
        "relative_strength": 2.876156,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -0.389614,
        "energy": 19.472547,
        "activity_lines": [
          34.332229,
          34.580763,
          34.529004,
          34.213633
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.589725,
        "volume": 0,
        "typical_volume": 936.65,
        "trend": 33.810114,
        "fair_value": 34.235877,
        "relative_strength": 3.979246,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": -23.784238,
        "energy": 40.022929,
        "activity_lines": [
          34.028537,
          34.363414,
          34.465614,
          34.199224
        ]
      },
      {
        "date": "2023-10-06",
        "close": 33.589725,
        "volume": 0,
        "typical_volume": 925.85,
        "trend": 33.814705,
        "fair_value": 34.249406,
        "relative_strength": 5.448096,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.950582,
        "energy": 57.921517,
        "activity_lines": [
          33.801588,
          34.178444,
          34.39857,
          34.185005
        ]
      },
      {
        "date": "2023-10-13",
        "close": 33.589725,
        "volume": 0,
        "typical_volume": 916.8,
        "trend": 33.857996,
        "fair_value": 34.258539,
        "relative_strength": 4.131899,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.436292,
        "energy": 66.489093,
        "activity_lines": [
          33.651382,
          34.025853,
          34.32848,
          34.17049
        ]
      },
      {
        "date": "2023-10-20",
        "close": 32.674713,
        "volume": 400,
        "typical_volume": 936.6,
        "trend": 33.870787,
        "fair_value": 34.264506,
        "relative_strength": 2.941847,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -60.745611,
        "energy": 85.972626,
        "activity_lines": [
          33.284721,
          33.729615,
          34.169559,
          34.094149
        ]
      },
      {
        "date": "2023-10-27",
        "close": 32.389389,
        "volume": 100,
        "typical_volume": 861.6,
        "trend": 33.836023,
        "fair_value": 34.271219,
        "relative_strength": 3.919171,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -70.011692,
        "energy": 89.287764,
        "activity_lines": [
          32.94561,
          33.424254,
          33.986136,
          33.998575
        ]
      },
      {
        "date": "2023-11-03",
        "close": 32.389389,
        "volume": 0,
        "typical_volume": 375.1,
        "trend": 33.82848,
        "fair_value": 34.270209,
        "relative_strength": -1.869302,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -64.774608,
        "energy": 87.624015,
        "activity_lines": [
          32.686521,
          33.161647,
          33.809131,
          33.905244
        ]
      },
      {
        "date": "2023-11-10",
        "close": 32.389389,
        "volume": 0,
        "typical_volume": 375.1,
        "trend": 33.811098,
        "fair_value": 34.270518,
        "relative_strength": -1.197201,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.585592,
        "energy": 84.094474,
        "activity_lines": [
          32.507455,
          32.941794,
          33.640981,
          33.8124
        ]
      },
      {
        "date": "2023-11-17",
        "close": 34.721188,
        "volume": 100,
        "typical_volume": 375.1,
        "trend": 33.867835,
        "fair_value": 34.283388,
        "relative_strength": 3.036524,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -8.850269,
        "energy": 38.228297,
        "activity_lines": [
          33.185677,
          33.188659,
          33.703761,
          33.871115
        ]
      },
      {
        "date": "2023-11-24",
        "close": 34.947483,
        "volume": 13979,
        "typical_volume": 1039.05,
        "trend": 33.940315,
        "fair_value": 34.29953,
        "relative_strength": 3.907699,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 24.553169,
        "energy": 30.953317,
        "activity_lines": [
          33.8639,
          33.480246,
          33.784768,
          33.94077
        ]
      },
      {
        "date": "2023-12-01",
        "close": 34.878613,
        "volume": 100,
        "typical_volume": 1044.05,
        "trend": 34.008858,
        "fair_value": 34.314979,
        "relative_strength": 1.829787,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.834754,
        "energy": 47.756571,
        "activity_lines": [
          34.367649,
          33.75144,
          33.856498,
          34.001305
        ]
      },
      {
        "date": "2023-12-08",
        "close": 35.12458,
        "volume": 300,
        "typical_volume": 1025.55,
        "trend": 34.085601,
        "fair_value": 34.333261,
        "relative_strength": 3.062859,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.131291,
        "energy": 58.447017,
        "activity_lines": [
          34.787438,
          34.043921,
          33.949264,
          34.073287
        ]
      },
      {
        "date": "2023-12-15",
        "close": 36.069103,
        "volume": 1530,
        "typical_volume": 1102.05,
        "trend": 34.189565,
        "fair_value": 34.350816,
        "relative_strength": 4.771573,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 65.852176,
        "energy": 87.134346,
        "activity_lines": [
          35.339722,
          34.480227,
          34.133155,
          34.201255
        ]
      },
      {
        "date": "2023-12-22",
        "close": 35.734585,
        "volume": 200,
        "typical_volume": 1107.05,
        "trend": 34.272867,
        "fair_value": 34.365976,
        "relative_strength": 1.955796,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.206416,
        "energy": 90.11193,
        "activity_lines": [
          35.535186,
          34.810632,
          34.281862,
          34.300934
        ]
      },
      {
        "date": "2023-12-29",
        "close": 35.980221,
        "volume": 158,
        "typical_volume": 1063.3,
        "trend": 34.364357,
        "fair_value": 34.381078,
        "relative_strength": 2.200392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.508816,
        "energy": 93.625834,
        "activity_lines": [
          35.744968,
          35.146701,
          34.449699,
          34.411086
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.140022,
        "volume": 16694,
        "typical_volume": 1798.15,
        "trend": 34.411114,
        "fair_value": 34.385269,
        "relative_strength": -0.151699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.942973,
        "energy": 79.16172,
        "activity_lines": [
          35.605836,
          35.269906,
          34.532974,
          34.461129
        ]
      },
      {
        "date": "2024-01-12",
        "close": 35.980221,
        "volume": 1450,
        "typical_volume": 1870.65,
        "trend": 34.468824,
        "fair_value": 34.395285,
        "relative_strength": 1.868426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.236856,
        "energy": 67.116232,
        "activity_lines": [
          35.729342,
          35.495863,
          34.694367,
          34.562361
        ]
      },
      {
        "date": "2024-01-19",
        "close": 36.227337,
        "volume": 5531,
        "typical_volume": 2147.2,
        "trend": 34.534771,
        "fair_value": 34.406886,
        "relative_strength": 2.823598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.154716,
        "energy": 70.439305,
        "activity_lines": [
          35.878177,
          35.701462,
          34.873393,
          34.675814
        ]
      },
      {
        "date": "2024-01-26",
        "close": 36.662266,
        "volume": 161,
        "typical_volume": 2145.15,
        "trend": 34.622758,
        "fair_value": 34.424665,
        "relative_strength": 2.824898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.588885,
        "energy": 71.903734,
        "activity_lines": [
          36.16144,
          35.916359,
          35.086763,
          34.813072
        ]
      },
      {
        "date": "2024-02-02",
        "close": 36.52388,
        "volume": 700,
        "typical_volume": 2080.15,
        "trend": 34.694327,
        "fair_value": 34.43283,
        "relative_strength": 2.527054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.911831,
        "energy": 80.572323,
        "activity_lines": [
          36.336729,
          36.070802,
          35.278647,
          34.935725
        ]
      },
      {
        "date": "2024-02-09",
        "close": 37.057652,
        "volume": 225,
        "typical_volume": 2081.4,
        "trend": 34.783688,
        "fair_value": 34.439519,
        "relative_strength": 4.273351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.208249,
        "energy": 89.868787,
        "activity_lines": [
          36.653698,
          36.293633,
          35.511798,
          35.088197
        ]
      },
      {
        "date": "2024-02-16",
        "close": 37.057652,
        "volume": 0,
        "typical_volume": 2081.4,
        "trend": 34.839924,
        "fair_value": 34.44941,
        "relative_strength": 2.951888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.212061,
        "energy": 93.357066,
        "activity_lines": [
          36.842825,
          36.476844,
          35.728436,
          35.234904
        ]
      },
      {
        "date": "2024-02-23",
        "close": 38.204273,
        "volume": 3581,
        "typical_volume": 2260.45,
        "trend": 34.934381,
        "fair_value": 34.476509,
        "relative_strength": 5.168213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.969733,
        "energy": 98.469506,
        "activity_lines": [
          37.34233,
          36.833386,
          36.037761,
          35.451959
        ]
      },
      {
        "date": "2024-03-01",
        "close": 38.204273,
        "volume": 0,
        "typical_volume": 2260.45,
        "trend": 35.046549,
        "fair_value": 34.506244,
        "relative_strength": 4.327775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.975321,
        "energy": 96.640367,
        "activity_lines": [
          37.71004,
          37.151106,
          36.325112,
          35.66292
        ]
      },
      {
        "date": "2024-03-08",
        "close": 38.925854,
        "volume": 800,
        "typical_volume": 2280.45,
        "trend": 35.176538,
        "fair_value": 34.537152,
        "relative_strength": 5.275043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.591032,
        "energy": 97.958337,
        "activity_lines": [
          38.215476,
          37.55512,
          36.659212,
          35.913198
        ]
      },
      {
        "date": "2024-03-15",
        "close": 38.688622,
        "volume": 200,
        "typical_volume": 2285.45,
        "trend": 35.308129,
        "fair_value": 34.563525,
        "relative_strength": 3.974905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.810315,
        "energy": 93.033212,
        "activity_lines": [
          38.481703,
          37.862443,
          36.94095,
          36.139784
        ]
      },
      {
        "date": "2024-03-22",
        "close": 38.995049,
        "volume": 300,
        "typical_volume": 2300.45,
        "trend": 35.449935,
        "fair_value": 34.595693,
        "relative_strength": 4.016794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.013388,
        "energy": 93.836843,
        "activity_lines": [
          38.741341,
          38.160961,
          37.221876,
          36.37765
        ]
      },
      {
        "date": "2024-03-29",
        "close": 38.945625,
        "volume": 1200,
        "typical_volume": 2360.45,
        "trend": 35.590094,
        "fair_value": 34.62384,
        "relative_strength": 2.919152,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.051822,
        "energy": 90.06641,
        "activity_lines": [
          38.855345,
          38.395677,
          37.466639,
          36.603178
        ]
      },
      {
        "date": "2024-04-05",
        "close": 38.678738,
        "volume": 728,
        "typical_volume": 2391.85,
        "trend": 35.715453,
        "fair_value": 34.64475,
        "relative_strength": 1.626644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.568212,
        "energy": 86.36601,
        "activity_lines": [
          38.830962,
          38.532445,
          37.654764,
          36.802445
        ]
      },
      {
        "date": "2024-04-12",
        "close": 38.401966,
        "volume": 200,
        "typical_volume": 1702.9,
        "trend": 35.845033,
        "fair_value": 34.660559,
        "relative_strength": 2.400536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.052349,
        "energy": 67.889817,
        "activity_lines": [
          38.682692,
          38.582228,
          37.797684,
          36.975769
        ]
      },
      {
        "date": "2024-04-19",
        "close": 36.830303,
        "volume": 920,
        "typical_volume": 1743.9,
        "trend": 35.953052,
        "fair_value": 34.667674,
        "relative_strength": -1.476517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.710602,
        "energy": 43.619117,
        "activity_lines": [
          38.045459,
          38.312106,
          37.774472,
          37.039335
        ]
      },
      {
        "date": "2024-04-26",
        "close": 37.551888,
        "volume": 700,
        "typical_volume": 1763.9,
        "trend": 36.085124,
        "fair_value": 34.676716,
        "relative_strength": -0.421429,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.424978,
        "energy": 38.129877,
        "activity_lines": [
          37.772643,
          38.177316,
          37.810689,
          37.142485
        ]
      },
      {
        "date": "2024-05-03",
        "close": 37.897846,
        "volume": 500,
        "typical_volume": 1712.4,
        "trend": 36.228728,
        "fair_value": 34.698836,
        "relative_strength": 0.450674,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.956953,
        "energy": 37.032291,
        "activity_lines": [
          37.711357,
          38.096441,
          37.868296,
          37.259435
        ]
      },
      {
        "date": "2024-05-10",
        "close": 38.184505,
        "volume": 100,
        "typical_volume": 1707.4,
        "trend": 36.381887,
        "fair_value": 34.726499,
        "relative_strength": -0.545535,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.500047,
        "energy": 36.105515,
        "activity_lines": [
          37.815476,
          38.073257,
          37.944495,
          37.385614
        ]
      },
      {
        "date": "2024-05-17",
        "close": 39.331127,
        "volume": 1245,
        "typical_volume": 1761.75,
        "trend": 36.603768,
        "fair_value": 34.761951,
        "relative_strength": 1.577865,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.504531,
        "energy": 52.521408,
        "activity_lines": [
          38.334751,
          38.258909,
          38.11823,
          37.575888
        ]
      },
      {
        "date": "2024-05-24",
        "close": 39.27182,
        "volume": 505,
        "typical_volume": 952.3,
        "trend": 36.833182,
        "fair_value": 34.792251,
        "relative_strength": 1.977759,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 80.516567,
        "energy": 66.517686,
        "activity_lines": [
          38.772314,
          38.42641,
          38.27036,
          37.74802
        ]
      },
      {
        "date": "2024-05-31",
        "close": 38.787472,
        "volume": 7900,
        "typical_volume": 1274.8,
        "trend": 37.046452,
        "fair_value": 34.819446,
        "relative_strength": 0.862113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.248132,
        "energy": 60.5248,
        "activity_lines": [
          38.885658,
          38.495243,
          38.356686,
          37.874103
        ]
      },
      {
        "date": "2024-06-07",
        "close": 38.787472,
        "volume": 0,
        "typical_volume": 998.25,
        "trend": 37.259721,
        "fair_value": 34.84683,
        "relative_strength": 1.987847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.688033,
        "energy": 70.903409,
        "activity_lines": [
          38.916631,
          38.567851,
          38.429645,
          37.986427
        ]
      },
      {
        "date": "2024-06-14",
        "close": 39.341011,
        "volume": 800,
        "typical_volume": 1030.2,
        "trend": 37.413715,
        "fair_value": 34.87387,
        "relative_strength": 5.081008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.894536,
        "energy": 73.677911,
        "activity_lines": [
          39.072808,
          38.743978,
          38.54313,
          38.120704
        ]
      },
      {
        "date": "2024-06-21",
        "close": 39.766052,
        "volume": 6600,
        "typical_volume": 1325.2,
        "trend": 37.574334,
        "fair_value": 34.899427,
        "relative_strength": 6.535157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.038872,
        "energy": 62.406686,
        "activity_lines": [
          39.293566,
          38.985343,
          38.68434,
          38.272468
        ]
      },
      {
        "date": "2024-06-28",
        "close": 39.182858,
        "volume": 5617,
        "typical_volume": 1594.8,
        "trend": 37.717809,
        "fair_value": 34.919112,
        "relative_strength": 3.314567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.546383,
        "energy": 51.700338,
        "activity_lines": [
          39.29093,
          39.095872,
          38.754568,
          38.376243
        ]
      },
      {
        "date": "2024-07-05",
        "close": 39.617783,
        "volume": 400,
        "typical_volume": 1614.8,
        "trend": 37.867583,
        "fair_value": 34.937377,
        "relative_strength": 3.522027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.725736,
        "energy": 55.338113,
        "activity_lines": [
          39.4392,
          39.242705,
          38.856098,
          38.498822
        ]
      },
      {
        "date": "2024-07-12",
        "close": 40.072479,
        "volume": 1245,
        "typical_volume": 1498.0,
        "trend": 38.001028,
        "fair_value": 34.958558,
        "relative_strength": 1.792443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.873797,
        "energy": 60.70329,
        "activity_lines": [
          39.683681,
          39.434647,
          38.988741,
          38.641074
        ]
      },
      {
        "date": "2024-07-19",
        "close": 39.864899,
        "volume": 4389,
        "typical_volume": 1717.45,
        "trend": 38.138706,
        "fair_value": 34.977278,
        "relative_strength": 1.149948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.824965,
        "energy": 61.446197,
        "activity_lines": [
          39.773302,
          39.549309,
          39.092718,
          38.761323
        ]
      },
      {
        "date": "2024-07-26",
        "close": 39.993397,
        "volume": 1000,
        "typical_volume": 1727.45,
        "trend": 38.272478,
        "fair_value": 34.994812,
        "relative_strength": 0.890065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.757642,
        "energy": 73.464524,
        "activity_lines": [
          39.870829,
          39.656782,
          39.201026,
          38.880981
        ]
      },
      {
        "date": "2024-08-02",
        "close": 40.270172,
        "volume": 446,
        "typical_volume": 1739.75,
        "trend": 38.443483,
        "fair_value": 35.009412,
        "relative_strength": 4.168153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.089806,
        "energy": 77.260665,
        "activity_lines": [
          40.045459,
          39.802536,
          39.330609,
          39.009864
        ]
      },
      {
        "date": "2024-08-09",
        "close": 39.657322,
        "volume": 362,
        "typical_volume": 1742.85,
        "trend": 38.566053,
        "fair_value": 35.017258,
        "relative_strength": 2.129009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.020483,
        "energy": 48.72967,
        "activity_lines": [
          39.943318,
          39.818711,
          39.394295,
          39.088177
        ]
      },
      {
        "date": "2024-08-16",
        "close": 40.853367,
        "volume": 300,
        "typical_volume": 1697.85,
        "trend": 38.720254,
        "fair_value": 35.027434,
        "relative_strength": 1.795695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.468006,
        "energy": 60.949031,
        "activity_lines": [
          40.237222,
          40.036533,
          39.568736,
          39.235745
        ]
      },
      {
        "date": "2024-08-23",
        "close": 41.120251,
        "volume": 400,
        "typical_volume": 1681.45,
        "trend": 38.868854,
        "fair_value": 35.040074,
        "relative_strength": 1.42589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.961887,
        "energy": 70.617924,
        "activity_lines": [
          40.568029,
          40.265318,
          39.75951,
          39.390584
        ]
      },
      {
        "date": "2024-08-30",
        "close": 41.120251,
        "volume": 0,
        "typical_volume": 1671.45,
        "trend": 39.022066,
        "fair_value": 35.048822,
        "relative_strength": 1.086194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.232108,
        "energy": 84.466958,
        "activity_lines": [
          40.815145,
          40.461753,
          39.938658,
          39.535835
        ]
      },
      {
        "date": "2024-09-06",
        "close": 40.200977,
        "volume": 300,
        "typical_volume": 1640.45,
        "trend": 39.126843,
        "fair_value": 35.051237,
        "relative_strength": 1.248246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.225219,
        "energy": 71.536,
        "activity_lines": [
          40.680713,
          40.466426,
          40.017311,
          39.611894
        ]
      },
      {
        "date": "2024-09-13",
        "close": 41.021404,
        "volume": 2279,
        "typical_volume": 1719.4,
        "trend": 39.258969,
        "fair_value": 35.060795,
        "relative_strength": -0.210236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.463485,
        "energy": 62.624435,
        "activity_lines": [
          40.82437,
          40.601756,
          40.15805,
          39.734124
        ]
      },
      {
        "date": "2024-09-20",
        "close": 41.614487,
        "volume": 545,
        "typical_volume": 1721.65,
        "trend": 39.372642,
        "fair_value": 35.072585,
        "relative_strength": -0.084433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.788144,
        "energy": 63.016478,
        "activity_lines": [
          41.074782,
          40.819398,
          40.338751,
          39.886093
        ]
      },
      {
        "date": "2024-09-27",
        "close": 41.822063,
        "volume": 300,
        "typical_volume": 1731.65,
        "trend": 39.493235,
        "fair_value": 35.098075,
        "relative_strength": 0.009677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.278253,
        "energy": 65.47925,
        "activity_lines": [
          41.343645,
          41.046746,
          40.521524,
          40.04412
        ]
      },
      {
        "date": "2024-10-04",
        "close": 41.762756,
        "volume": 350,
        "typical_volume": 1686.9,
        "trend": 39.587799,
        "fair_value": 35.123184,
        "relative_strength": -0.965147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.138758,
        "energy": 78.315093,
        "activity_lines": [
          41.545952,
          41.227725,
          40.681326,
          40.19054
        ]
      },
      {
        "date": "2024-10-11",
        "close": 42.53376,
        "volume": 485,
        "typical_volume": 1685.9,
        "trend": 39.71597,
        "fair_value": 35.152482,
        "relative_strength": -0.421418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.958527,
        "energy": 87.873943,
        "activity_lines": [
          41.962426,
          41.516717,
          40.902978,
          40.380602
        ]
      },
      {
        "date": "2024-10-18",
        "close": 42.998341,
        "volume": 602,
        "typical_volume": 1321.0,
        "trend": 39.849413,
        "fair_value": 35.178857,
        "relative_strength": -0.783481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.184096,
        "energy": 92.244032,
        "activity_lines": [
          42.378242,
          41.849022,
          41.153342,
          40.592368
        ]
      },
      {
        "date": "2024-10-25",
        "close": 42.256992,
        "volume": 100,
        "typical_volume": 1326.0,
        "trend": 39.959792,
        "fair_value": 35.197591,
        "relative_strength": -1.062647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.115337,
        "energy": 78.467962,
        "activity_lines": [
          42.415145,
          41.98579,
          41.313051,
          40.747696
        ]
      },
      {
        "date": "2024-11-01",
        "close": 42.296528,
        "volume": 242,
        "typical_volume": 1298.1,
        "trend": 40.080385,
        "fair_value": 35.210175,
        "relative_strength": -0.239727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.695263,
        "energy": 74.51747,
        "activity_lines": [
          42.422394,
          42.104227,
          41.460003,
          40.898453
        ]
      },
      {
        "date": "2024-11-08",
        "close": 42.237217,
        "volume": 1800,
        "typical_volume": 1058.1,
        "trend": 40.208227,
        "fair_value": 35.21792,
        "relative_strength": -2.470489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.206861,
        "energy": 60.752565,
        "activity_lines": [
          42.378241,
          42.190492,
          41.587232,
          41.037604
        ]
      },
      {
        "date": "2024-11-15",
        "close": 42.079063,
        "volume": 100,
        "typical_volume": 782.25,
        "trend": 40.383185,
        "fair_value": 35.222203,
        "relative_strength": -3.315931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.389765,
        "energy": 53.095479,
        "activity_lines": [
          42.249739,
          42.227694,
          41.687632,
          41.158303
        ]
      },
      {
        "date": "2024-11-22",
        "close": 42.039528,
        "volume": 300,
        "typical_volume": 777.25,
        "trend": 40.532773,
        "fair_value": 35.231947,
        "relative_strength": -5.418724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.91532,
        "energy": 40.669803,
        "activity_lines": [
          42.138373,
          42.223561,
          41.770475,
          41.265164
        ]
      },
      {
        "date": "2024-11-29",
        "close": 42.602951,
        "volume": 2600,
        "typical_volume": 845.0,
        "trend": 40.68961,
        "fair_value": 35.251329,
        "relative_strength": -4.866024,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.033558,
        "energy": 42.494093,
        "activity_lines": [
          42.278735,
          42.303357,
          41.895445,
          41.398723
        ]
      },
      {
        "date": "2024-12-06",
        "close": 42.780876,
        "volume": 17676,
        "typical_volume": 1509.35,
        "trend": 40.842823,
        "fair_value": 35.265699,
        "relative_strength": -4.565949,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.103953,
        "energy": 50.381223,
        "activity_lines": [
          42.455341,
          42.397531,
          42.025311,
          41.533644
        ]
      },
      {
        "date": "2024-12-13",
        "close": 42.256992,
        "volume": 200,
        "typical_volume": 1469.35,
        "trend": 40.940351,
        "fair_value": 35.282612,
        "relative_strength": -4.087577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.849375,
        "energy": 45.488464,
        "activity_lines": [
          42.425029,
          42.37902,
          42.091397,
          41.624881
        ]
      },
      {
        "date": "2024-12-20",
        "close": 41.51564,
        "volume": 375,
        "typical_volume": 1465.8,
        "trend": 41.015145,
        "fair_value": 35.288369,
        "relative_strength": -3.160109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.807321,
        "energy": 28.855403,
        "activity_lines": [
          42.146282,
          42.216732,
          42.0761,
          41.661996
        ]
      },
      {
        "date": "2024-12-27",
        "close": 41.960449,
        "volume": 100,
        "typical_volume": 1452.7,
        "trend": 41.120911,
        "fair_value": 35.294888,
        "relative_strength": -2.873449,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.717024,
        "energy": 20.313347,
        "activity_lines": [
          42.053366,
          42.153829,
          42.097234,
          41.722983
        ]
      },
      {
        "date": "2025-01-03",
        "close": 41.54097,
        "volume": 1820,
        "typical_volume": 1528.7,
        "trend": 41.212695,
        "fair_value": 35.309599,
        "relative_strength": -4.884458,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.969067,
        "energy": 15.822902,
        "activity_lines": [
          41.825895,
          42.033529,
          42.067451,
          41.750084
        ]
      },
      {
        "date": "2025-01-10",
        "close": 41.411556,
        "volume": 729,
        "typical_volume": 1545.15,
        "trend": 41.281713,
        "fair_value": 35.32958,
        "relative_strength": -3.96538,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.334179,
        "energy": 21.854229,
        "activity_lines": [
          41.626085,
          41.902717,
          42.022068,
          41.762914
        ]
      },
      {
        "date": "2025-01-17",
        "close": 42.546398,
        "volume": 594,
        "typical_volume": 1574.85,
        "trend": 41.374391,
        "fair_value": 35.365013,
        "relative_strength": -2.476901,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.882926,
        "energy": 16.668334,
        "activity_lines": [
          41.895844,
          41.99433,
          42.083378,
          41.844506
        ]
      },
      {
        "date": "2025-01-24",
        "close": 43.432365,
        "volume": 765,
        "typical_volume": 1598.1,
        "trend": 41.516041,
        "fair_value": 35.423232,
        "relative_strength": -1.979394,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.872933,
        "energy": 39.585685,
        "activity_lines": [
          42.441632,
          42.241407,
          42.222275,
          41.977279
        ]
      },
      {
        "date": "2025-01-31",
        "close": 43.412453,
        "volume": 1896,
        "typical_volume": 1578.95,
        "trend": 41.64253,
        "fair_value": 35.471072,
        "relative_strength": -2.237666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.587775,
        "energy": 65.94453,
        "activity_lines": [
          42.853,
          42.460258,
          42.343888,
          42.099628
        ]
      },
      {
        "date": "2025-02-07",
        "close": 42.168118,
        "volume": 833,
        "typical_volume": 1593.35,
        "trend": 41.712385,
        "fair_value": 35.508796,
        "relative_strength": -4.590851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.583336,
        "energy": 48.735844,
        "activity_lines": [
          42.75279,
          42.427904,
          42.335607,
          42.133537
        ]
      },
      {
        "date": "2025-02-14",
        "close": 41.929203,
        "volume": 600,
        "typical_volume": 1608.35,
        "trend": 41.781195,
        "fair_value": 35.548826,
        "relative_strength": -5.178502,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.88435,
        "energy": 36.791749,
        "activity_lines": [
          42.531132,
          42.360017,
          42.301936,
          42.147525
        ]
      },
      {
        "date": "2025-02-21",
        "close": 40.9636,
        "volume": 2751,
        "typical_volume": 1728.4,
        "trend": 41.813535,
        "fair_value": 35.584993,
        "relative_strength": -5.961947,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -7.247493,
        "energy": 9.619403,
        "activity_lines": [
          41.953096,
          42.132051,
          42.175792,
          42.094777
        ]
      },
      {
        "date": "2025-02-28",
        "close": 41.142784,
        "volume": 1418,
        "typical_volume": 1775.05,
        "trend": 41.842622,
        "fair_value": 35.632875,
        "relative_strength": -6.308914,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.814859,
        "energy": 30.403417,
        "activity_lines": [
          41.540308,
          41.96018,
          42.07052,
          42.051503
        ]
      },
      {
        "date": "2025-03-07",
        "close": 40.117447,
        "volume": 1107,
        "typical_volume": 1800.3,
        "trend": 41.85796,
        "fair_value": 35.678399,
        "relative_strength": -6.124006,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -50.192969,
        "energy": 56.025692,
        "activity_lines": [
          40.93838,
          41.608663,
          41.874219,
          41.940201
        ]
      },
      {
        "date": "2025-03-14",
        "close": 39.450485,
        "volume": 500,
        "typical_volume": 1820.3,
        "trend": 41.811197,
        "fair_value": 35.708954,
        "relative_strength": -6.742065,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -83.260642,
        "energy": 83.039385,
        "activity_lines": [
          40.333798,
          41.169389,
          41.628117,
          41.78488
        ]
      },
      {
        "date": "2025-03-21",
        "close": 39.559986,
        "volume": 800,
        "typical_volume": 1848.2,
        "trend": 41.759188,
        "fair_value": 35.742413,
        "relative_strength": -7.843108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.640378,
        "energy": 84.171557,
        "activity_lines": [
          39.946892,
          40.788034,
          41.405808,
          41.639641
        ]
      },
      {
        "date": "2025-03-28",
        "close": 39.181705,
        "volume": 500,
        "typical_volume": 1783.2,
        "trend": 41.69457,
        "fair_value": 35.770995,
        "relative_strength": -7.772814,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.010074,
        "energy": 87.04858,
        "activity_lines": [
          39.59184,
          40.371565,
          41.160503,
          41.473352
        ]
      },
      {
        "date": "2025-04-04",
        "close": 36.483982,
        "volume": 3800,
        "typical_volume": 1968.2,
        "trend": 41.57067,
        "fair_value": 35.78461,
        "relative_strength": -8.156544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.422376,
        "energy": 96.745276,
        "activity_lines": [
          38.45634,
          39.525777,
          40.672823,
          41.137185
        ]
      },
      {
        "date": "2025-04-11",
        "close": 35.67765,
        "volume": 5995,
        "typical_volume": 2252.95,
        "trend": 41.392545,
        "fair_value": 35.798025,
        "relative_strength": -11.448139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.592034,
        "energy": 93.946776,
        "activity_lines": [
          37.36265,
          38.659718,
          40.134992,
          40.75699
        ]
      },
      {
        "date": "2025-04-18",
        "close": 35.687603,
        "volume": 3500,
        "typical_volume": 2297.95,
        "trend": 41.194982,
        "fair_value": 35.815781,
        "relative_strength": -13.430169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.772303,
        "energy": 93.096152,
        "activity_lines": [
          36.568264,
          37.936101,
          39.628403,
          40.388929
        ]
      },
      {
        "date": "2025-04-25",
        "close": 37.35004,
        "volume": 4234,
        "typical_volume": 1625.85,
        "trend": 41.045915,
        "fair_value": 35.847338,
        "relative_strength": -11.097205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.945115,
        "energy": 85.020413,
        "activity_lines": [
          36.578882,
          37.632573,
          39.313073,
          40.140868
        ]
      },
      {
        "date": "2025-05-02",
        "close": 38.624241,
        "volume": 5488,
        "typical_volume": 1890.25,
        "trend": 40.941297,
        "fair_value": 35.887818,
        "relative_strength": -9.054241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.931799,
        "energy": 61.271421,
        "activity_lines": [
          37.161564,
          37.643975,
          39.144956,
          39.984631
        ]
      },
      {
        "date": "2025-05-09",
        "close": 39.470394,
        "volume": 10788,
        "typical_volume": 2410.9,
        "trend": 40.839185,
        "fair_value": 35.942213,
        "relative_strength": -8.095865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.09585,
        "energy": 39.286662,
        "activity_lines": [
          38.063461,
          37.851757,
          39.074723,
          39.889734
        ]
      },
      {
        "date": "2025-05-16",
        "close": 41.321964,
        "volume": 9762,
        "typical_volume": 2894.0,
        "trend": 40.783306,
        "fair_value": 36.011936,
        "relative_strength": -5.889306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.288227,
        "energy": 23.425836,
        "activity_lines": [
          39.383453,
          38.426596,
          39.19057,
          39.920881
        ]
      },
      {
        "date": "2025-05-23",
        "close": 39.739166,
        "volume": 5160,
        "typical_volume": 3061.0,
        "trend": 40.699378,
        "fair_value": 36.071512,
        "relative_strength": -8.940815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.378029,
        "energy": 30.268033,
        "activity_lines": [
          39.799559,
          38.691752,
          39.158715,
          39.853517
        ]
      },
      {
        "date": "2025-05-30",
        "close": 40.18713,
        "volume": 9501,
        "typical_volume": 3499.6,
        "trend": 40.629065,
        "fair_value": 36.133961,
        "relative_strength": -8.737659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.088442,
        "energy": 27.727406,
        "activity_lines": [
          40.094882,
          39.033108,
          39.178103,
          39.820469
        ]
      },
      {
        "date": "2025-06-06",
        "close": 40.734638,
        "volume": 7560,
        "typical_volume": 3847.9,
        "trend": 40.578979,
        "fair_value": 36.190359,
        "relative_strength": -8.151067,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.31472,
        "energy": 25.194722,
        "activity_lines": [
          40.383569,
          39.462608,
          39.255465,
          39.82728
        ]
      },
      {
        "date": "2025-06-13",
        "close": 39.908398,
        "volume": 6601,
        "typical_volume": 4139.7,
        "trend": 40.506624,
        "fair_value": 36.260266,
        "relative_strength": -9.947415,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.747194,
        "energy": 17.408578,
        "activity_lines": [
          40.256149,
          39.713648,
          39.262765,
          39.784017
        ]
      },
      {
        "date": "2025-06-20",
        "close": 40.475819,
        "volume": 7215,
        "typical_volume": 4405.65,
        "trend": 40.4545,
        "fair_value": 36.327458,
        "relative_strength": -8.308938,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.354296,
        "energy": 15.324393,
        "activity_lines": [
          40.288668,
          40.005592,
          39.340886,
          39.78203
        ]
      },
      {
        "date": "2025-06-27",
        "close": 41.799793,
        "volume": 6617,
        "typical_volume": 4694.85,
        "trend": 40.427728,
        "fair_value": 36.406848,
        "relative_strength": -5.755441,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.84196,
        "energy": 35.657556,
        "activity_lines": [
          40.818923,
          40.45102,
          39.559083,
          39.868823
        ]
      },
      {
        "date": "2025-07-04",
        "close": 41.700245,
        "volume": 8862,
        "typical_volume": 5107.95,
        "trend": 40.391707,
        "fair_value": 36.486291,
        "relative_strength": -6.952256,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.64148,
        "energy": 43.300711,
        "activity_lines": [
          41.178619,
          40.767218,
          39.769554,
          39.95092
        ]
      },
      {
        "date": "2025-07-11",
        "close": 41.640518,
        "volume": 4657,
        "typical_volume": 5203.25,
        "trend": 40.371158,
        "fair_value": 36.562081,
        "relative_strength": -6.745497,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.461431,
        "energy": 60.861633,
        "activity_lines": [
          41.417532,
          40.993461,
          39.975427,
          40.031489
        ]
      },
      {
        "date": "2025-07-18",
        "close": 42.347301,
        "volume": 3928,
        "typical_volume": 5328.75,
        "trend": 40.39888,
        "fair_value": 36.642402,
        "relative_strength": -5.945928,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.239154,
        "energy": 70.200563,
        "activity_lines": [
          41.831648,
          41.29337,
          40.245389,
          40.158982
        ]
      },
      {
        "date": "2025-07-25",
        "close": 42.486668,
        "volume": 6150,
        "typical_volume": 5580.9,
        "trend": 40.416421,
        "fair_value": 36.715817,
        "relative_strength": -6.027869,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.364709,
        "energy": 72.680106,
        "activity_lines": [
          42.129625,
          41.56631,
          40.522888,
          40.293678
        ]
      },
      {
        "date": "2025-08-01",
        "close": 41.481239,
        "volume": 14644,
        "typical_volume": 6288.1,
        "trend": 40.41443,
        "fair_value": 36.774045,
        "relative_strength": -6.339304,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.031109,
        "energy": 60.80618,
        "activity_lines": [
          41.958403,
          41.635268,
          40.693351,
          40.362376
        ]
      },
      {
        "date": "2025-08-08",
        "close": 41.809746,
        "volume": 4960,
        "typical_volume": 6496.1,
        "trend": 40.427703,
        "fair_value": 36.829599,
        "relative_strength": -7.814994,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.082012,
        "energy": 57.217743,
        "activity_lines": [
          41.917921,
          41.732281,
          40.885429,
          40.452396
        ]
      },
      {
        "date": "2025-08-15",
        "close": 42.387123,
        "volume": 4363,
        "typical_volume": 6689.25,
        "trend": 40.422393,
        "fair_value": 36.887973,
        "relative_strength": -6.755856,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.269682,
        "energy": 60.053758,
        "activity_lines": [
          42.062597,
          41.90477,
          41.121782,
          40.578811
        ]
      },
      {
        "date": "2025-08-22",
        "close": 42.924671,
        "volume": 6815,
        "typical_volume": 6840.0,
        "trend": 40.40547,
        "fair_value": 36.958473,
        "relative_strength": -6.722172,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.815244,
        "energy": 64.833112,
        "activity_lines": [
          42.336682,
          42.144949,
          41.394067,
          40.740248
        ]
      },
      {
        "date": "2025-08-29",
        "close": 42.655895,
        "volume": 1826,
        "typical_volume": 6631.55,
        "trend": 40.380252,
        "fair_value": 37.035048,
        "relative_strength": -7.764459,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.929196,
        "energy": 75.60039,
        "activity_lines": [
          42.482684,
          42.281418,
          41.610084,
          40.885437
        ]
      },
      {
        "date": "2025-09-05",
        "close": 42.95454,
        "volume": 6241,
        "typical_volume": 6768.6,
        "trend": 40.406466,
        "fair_value": 37.108444,
        "relative_strength": -8.361527,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.243169,
        "energy": 79.503606,
        "activity_lines": [
          42.716952,
          42.432549,
          41.821313,
          41.05152
        ]
      },
      {
        "date": "2025-09-12",
        "close": 43.402496,
        "volume": 1124,
        "typical_volume": 6613.1,
        "trend": 40.455576,
        "fair_value": 37.190434,
        "relative_strength": -7.859502,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.103618,
        "energy": 85.62232,
        "activity_lines": [
          43.002319,
          42.644131,
          42.040601,
          41.244812
        ]
      },
      {
        "date": "2025-09-19",
        "close": 43.571728,
        "volume": 100,
        "typical_volume": 6343.7,
        "trend": 40.542513,
        "fair_value": 37.272755,
        "relative_strength": -8.700546,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.574315,
        "energy": 85.490107,
        "activity_lines": [
          43.237914,
          42.855533,
          42.247185,
          41.445854
        ]
      },
      {
        "date": "2025-09-26",
        "close": 43.482136,
        "volume": 2300,
        "typical_volume": 5919.3,
        "trend": 40.620492,
        "fair_value": 37.363243,
        "relative_strength": -8.554245,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.670019,
        "energy": 84.928525,
        "activity_lines": [
          43.36467,
          43.015532,
          42.421676,
          41.635507
        ]
      },
      {
        "date": "2025-10-03",
        "close": 44.029644,
        "volume": 3666,
        "typical_volume": 5614.5,
        "trend": 40.750898,
        "fair_value": 37.44982,
        "relative_strength": -9.251939,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.578482,
        "energy": 87.967778,
        "activity_lines": [
          43.636765,
          43.254445,
          42.629208,
          41.855452
        ]
      },
      {
        "date": "2025-10-10",
        "close": 44.159058,
        "volume": 2105,
        "typical_volume": 5461.75,
        "trend": 40.907851,
        "fair_value": 37.543893,
        "relative_strength": -6.801098,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.112631,
        "energy": 85.167667,
        "activity_lines": [
          43.860415,
          43.488833,
          42.836171,
          42.075334
        ]
      },
      {
        "date": "2025-10-17",
        "close": 43.930099,
        "volume": 2411,
        "typical_volume": 5107.25,
        "trend": 41.053521,
        "fair_value": 37.638448,
        "relative_strength": -7.772329,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.40311,
        "energy": 68.640755,
        "activity_lines": [
          43.927444,
          43.632905,
          43.000282,
          42.270317
        ]
      },
      {
        "date": "2025-10-24",
        "close": 44.407925,
        "volume": 3050,
        "typical_volume": 4881.75,
        "trend": 41.227728,
        "fair_value": 37.726381,
        "relative_strength": -7.222407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.959082,
        "energy": 70.237845,
        "activity_lines": [
          44.118575,
          43.825302,
          43.192076,
          42.486731
        ]
      },
      {
        "date": "2025-10-31",
        "close": 44.686657,
        "volume": 2550,
        "typical_volume": 4679.2,
        "trend": 41.501151,
        "fair_value": 37.818804,
        "relative_strength": -6.048989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.331116,
        "energy": 81.693644,
        "activity_lines": [
          44.346869,
          44.031637,
          43.392924,
          42.709887
        ]
      },
      {
        "date": "2025-11-07",
        "close": 43.721046,
        "volume": 4719,
        "typical_volume": 4554.4,
        "trend": 41.769264,
        "fair_value": 37.906799,
        "relative_strength": -6.729442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.075902,
        "energy": 63.352145,
        "activity_lines": [
          44.172993,
          44.030369,
          43.479055,
          42.853106
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.934628,
        "volume": 1401,
        "typical_volume": 4293.6,
        "trend": 42.010832,
        "fair_value": 37.976985,
        "relative_strength": -9.352707,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.116911,
        "energy": 45.644402,
        "activity_lines": [
          43.75755,
          43.86675,
          43.474836,
          42.928291
        ]
      },
      {
        "date": "2025-11-21",
        "close": 41.6007,
        "volume": 1132,
        "typical_volume": 3907.1,
        "trend": 42.15252,
        "fair_value": 38.035664,
        "relative_strength": -11.388408,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -0.453315,
        "energy": 18.428561,
        "activity_lines": [
          42.979093,
          43.460961,
          43.338173,
          42.901831
        ]
      },
      {
        "date": "2025-11-28",
        "close": 43.054085,
        "volume": 2109,
        "typical_volume": 3779.7,
        "trend": 42.300182,
        "fair_value": 38.09888,
        "relative_strength": -11.547878,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 18.663785,
        "energy": 30.185429,
        "activity_lines": [
          42.840391,
          43.352183,
          43.340401,
          42.959997
        ]
      },
      {
        "date": "2025-12-05",
        "close": 42.944584,
        "volume": 101,
        "typical_volume": 3588.35,
        "trend": 42.415988,
        "fair_value": 38.163784,
        "relative_strength": -11.248544,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.066289,
        "energy": 28.704425,
        "activity_lines": [
          42.755444,
          43.232908,
          43.325469,
          43.001571
        ]
      },
      {
        "date": "2025-12-12",
        "close": 42.347301,
        "volume": 500,
        "typical_volume": 3305.85,
        "trend": 42.450166,
        "fair_value": 38.220771,
        "relative_strength": -12.725479,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.547109,
        "energy": 33.269456,
        "activity_lines": [
          42.587542,
          43.014809,
          43.250809,
          42.997139
        ]
      },
      {
        "date": "2025-12-19",
        "close": 41.889385,
        "volume": 3001,
        "typical_volume": 2723.7,
        "trend": 42.52184,
        "fair_value": 38.285389,
        "relative_strength": -13.893599,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.096559,
        "energy": 49.238469,
        "activity_lines": [
          42.358583,
          42.744041,
          43.133201,
          42.96096
        ]
      },
      {
        "date": "2025-12-26",
        "close": 42.277618,
        "volume": 3200,
        "typical_volume": 2635.7,
        "trend": 42.591523,
        "fair_value": 38.351361,
        "relative_strength": -13.354669,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.789331,
        "energy": 47.949769,
        "activity_lines": [
          42.328719,
          42.585128,
          43.050624,
          42.945204
        ]
      },
      {
        "date": "2026-01-02",
        "close": 42.200001,
        "volume": 9325,
        "typical_volume": 2883.8,
        "trend": 42.640368,
        "fair_value": 38.415889,
        "relative_strength": -12.831696,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.644757,
        "energy": 48.026564,
        "activity_lines": [
          42.227855,
          42.442148,
          42.958428,
          42.919944
        ]
      },
      {
        "date": "2026-01-09",
        "close": 43.349998,
        "volume": 4100,
        "typical_volume": 2748.05,
        "trend": 42.755088,
        "fair_value": 38.482491,
        "relative_strength": -12.077528,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 4.242029,
        "energy": 15.457445,
        "activity_lines": [
          42.567261,
          42.548402,
          42.976646,
          42.965727
        ]
      },
      {
        "date": "2026-01-16",
        "close": 43.169998,
        "volume": 300,
        "typical_volume": 2671.75,
        "trend": 42.844894,
        "fair_value": 38.548823,
        "relative_strength": -13.144384,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -1.235364,
        "energy": 8.089299,
        "activity_lines": [
          42.81964,
          42.646231,
          42.975695,
          42.992495
        ]
      },
      {
        "date": "2026-01-23",
        "close": 42.099998,
        "volume": 240,
        "typical_volume": 2371.7,
        "trend": 42.854901,
        "fair_value": 38.605835,
        "relative_strength": -15.091611,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -24.028915,
        "energy": 14.76971,
        "activity_lines": [
          42.660506,
          42.559535,
          42.870392,
          42.944437
        ]
      },
      {
        "date": "2026-01-30",
        "close": 41.790001,
        "volume": 10030,
        "typical_volume": 2817.0,
        "trend": 42.857893,
        "fair_value": 38.655185,
        "relative_strength": -12.04959,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -38.382846,
        "energy": 20.695951,
        "activity_lines": [
          42.383999,
          42.43165,
          42.739635,
          42.875734
        ]
      },
      {
        "date": "2026-02-06",
        "close": 41.619999,
        "volume": 6868,
        "typical_volume": 3155.4,
        "trend": 42.857209,
        "fair_value": 38.70294,
        "relative_strength": -13.464339,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -68.21019,
        "energy": 56.121399,
        "activity_lines": [
          42.083332,
          42.269414,
          42.600365,
          42.79587
        ]
      },
      {
        "date": "2026-02-13",
        "close": 41.0,
        "volume": 6216,
        "typical_volume": 3351.2,
        "trend": 42.812299,
        "fair_value": 38.749369,
        "relative_strength": -15.863687,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.068045,
        "energy": 77.922482,
        "activity_lines": [
          41.614666,
          42.020525,
          42.411342,
          42.67605
        ]
      },
      {
        "date": "2026-02-20",
        "close": 41.599998,
        "volume": 1895,
        "typical_volume": 3262.65,
        "trend": 42.782743,
        "fair_value": 38.805195,
        "relative_strength": -16.07316,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.011743,
        "energy": 75.114707,
        "activity_lines": [
          41.502666,
          41.916083,
          42.291281,
          42.597837
        ]
      },
      {
        "date": "2026-02-27",
        "close": 41.32,
        "volume": 16515,
        "typical_volume": 3983.15,
        "trend": 42.777369,
        "fair_value": 38.854181,
        "relative_strength": -17.454878,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.362736,
        "energy": 79.276863,
        "activity_lines": [
          41.401999,
          41.77432,
          42.156124,
          42.503467
        ]
      },
      {
        "date": "2026-03-06",
        "close": 39.299999,
        "volume": 15627,
        "typical_volume": 4643.95,
        "trend": 42.69371,
        "fair_value": 38.891668,
        "relative_strength": -18.041393,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.588418,
        "energy": 90.997342,
        "activity_lines": [
          40.679999,
          41.275636,
          41.842104,
          42.27912
        ]
      },
      {
        "date": "2026-03-13",
        "close": 38.959999,
        "volume": 6661,
        "typical_volume": 4824.5,
        "trend": 42.579473,
        "fair_value": 38.934418,
        "relative_strength": -16.94645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.027682,
        "energy": 93.836224,
        "activity_lines": [
          40.010666,
          40.769272,
          41.517752,
          42.038236
        ]
      },
      {
        "date": "2026-03-20",
        "close": 38.0,
        "volume": 630,
        "typical_volume": 4728.5,
        "trend": 42.415317,
        "fair_value": 38.971014,
        "relative_strength": -15.406893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.545331,
        "energy": 96.644768,
        "activity_lines": [
          39.198666,
          40.147272,
          41.127914,
          41.742786
        ]
      },
      {
        "date": "2026-03-27",
        "close": 38.080002,
        "volume": 4722,
        "typical_volume": 4728.65,
        "trend": 42.262787,
        "fair_value": 39.000807,
        "relative_strength": -16.497268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.498472,
        "energy": 93.040658,
        "activity_lines": [
          38.613334,
          39.637091,
          40.777537,
          41.463088
        ]
      },
      {
        "date": "2026-04-03",
        "close": 39.619999,
        "volume": 4602,
        "typical_volume": 4888.7,
        "trend": 42.151636,
        "fair_value": 39.045706,
        "relative_strength": -15.703925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.656572,
        "energy": 82.947324,
        "activity_lines": [
          38.776,
          39.499454,
          40.600687,
          41.292586
        ]
      },
      {
        "date": "2026-04-10",
        "close": 41.18,
        "volume": 3195,
        "typical_volume": 4991.85,
        "trend": 42.077553,
        "fair_value": 39.098714,
        "relative_strength": -13.572677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.713902,
        "energy": 53.448038,
        "activity_lines": [
          39.572,
          39.690545,
          40.588194,
          41.229899
        ]
      },
      {
        "date": "2026-04-17",
        "close": 42.169998,
        "volume": 2153,
        "typical_volume": 4994.05,
        "trend": 42.030829,
        "fair_value": 39.157374,
        "relative_strength": -12.87807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.905393,
        "energy": 18.049546,
        "activity_lines": [
          40.572666,
          40.072727,
          40.671989,
          41.235864
        ]
      },
      {
        "date": "2026-04-24",
        "close": 42.119999,
        "volume": 4703,
        "typical_volume": 5224.15,
        "trend": 41.985424,
        "fair_value": 39.21729,
        "relative_strength": -11.521418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -5.059048,
        "energy": 26.573695,
        "activity_lines": [
          41.342666,
          40.435818,
          40.755232,
          41.241616
        ]
      },
      {
        "date": "2026-05-01",
        "close": 41.919998,
        "volume": 5023,
        "typical_volume": 5450.3,
        "trend": 41.915102,
        "fair_value": 39.275608,
        "relative_strength": -11.53712,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.258655,
        "energy": 31.917299,
        "activity_lines": [
          41.771332,
          40.742181,
          40.823355,
          41.237395
        ]
      },
      {
        "date": "2026-05-08",
        "close": 43.5,
        "volume": 7651,
        "typical_volume": 5682.8,
        "trend": 41.893134,
        "fair_value": 39.344055,
        "relative_strength": -8.352525,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.60119,
        "energy": 49.141562,
        "activity_lines": [
          42.470666,
          41.329999,
          41.043988,
          41.339647
        ]
      },
      {
        "date": "2026-05-15",
        "close": 42.919998,
        "volume": 3178,
        "typical_volume": 5681.7,
        "trend": 41.859464,
        "fair_value": 39.407964,
        "relative_strength": -8.513978,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.509986,
        "energy": 58.017954,
        "activity_lines": [
          42.717999,
          41.772726,
          41.201713,
          41.405896
        ]
      },
      {
        "date": "2026-05-22",
        "close": 43.490002,
        "volume": 26525,
        "typical_volume": 6541.7,
        "trend": 41.828866,
        "fair_value": 39.473698,
        "relative_strength": -8.667779,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.341013,
        "energy": 64.34006,
        "activity_lines": [
          43.039333,
          42.253272,
          41.410666,
          41.511092
        ]
      },
      {
        "date": "2026-05-29",
        "close": 43.959999,
        "volume": 2973,
        "typical_volume": 6485.35,
        "trend": 41.804644,
        "fair_value": 39.542444,
        "relative_strength": -8.124619,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.967947,
        "energy": 70.297138,
        "activity_lines": [
          43.429333,
          42.736908,
          41.658238,
          41.648585
        ]
      },
      {
        "date": "2026-06-05",
        "close": 43.330002,
        "volume": 200,
        "typical_volume": 6480.35,
        "trend": 41.79161,
        "fair_value": 39.603936,
        "relative_strength": -8.143319,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.833663,
        "energy": 63.591141,
        "activity_lines": [
          43.486667,
          42.997636,
          41.842904,
          41.746995
        ]
      },
      {
        "date": "2026-06-12",
        "close": 43.540001,
        "volume": 682,
        "typical_volume": 6502.45,
        "trend": 41.811789,
        "fair_value": 39.663494,
        "relative_strength": -8.751305,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.003215,
        "energy": 69.247497,
        "activity_lines": [
          43.520001,
          43.201091,
          42.046809,
          41.859794
        ]
      },
      {
        "date": "2026-06-19",
        "close": 44.939999,
        "volume": 100,
        "typical_volume": 6005.95,
        "trend": 41.923099,
        "fair_value": 39.732027,
        "relative_strength": -5.578498,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.344224,
        "energy": 81.645862,
        "activity_lines": [
          44.017334,
          43.587818,
          42.37719,
          42.061614
        ]
      },
      {
        "date": "2026-06-26",
        "close": 44.470001,
        "volume": 200,
        "typical_volume": 5672.55,
        "trend": 41.970296,
        "fair_value": 39.798997,
        "relative_strength": -6.205109,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.724233,
        "energy": 78.414161,
        "activity_lines": [
          44.223334,
          43.820728,
          42.647809,
          42.225931
        ]
      },
      {
        "date": "2026-07-03",
        "close": 45.34,
        "volume": 0,
        "typical_volume": 5361.75,
        "trend": 42.050143,
        "fair_value": 39.869274,
        "relative_strength": -4.750455,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.280424,
        "energy": 89.393973,
        "activity_lines": [
          44.654,
          44.17,
          42.987714,
          42.443331
        ]
      },
      {
        "date": "2026-07-10",
        "close": 44.869999,
        "volume": 1484,
        "typical_volume": 5341.2,
        "trend": 42.134233,
        "fair_value": 39.936538,
        "relative_strength": -5.529468,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.421508,
        "energy": 85.952047,
        "activity_lines": [
          44.836,
          44.375273,
          43.26219,
          42.625257
        ]
      },
      {
        "date": "2026-07-17",
        "close": 43.57,
        "volume": 400,
        "typical_volume": 4535.45,
        "trend": 42.190254,
        "fair_value": 39.989098,
        "relative_strength": -7.743606,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.114326,
        "energy": 63.679585,
        "activity_lines": [
          44.482,
          44.290546,
          43.397286,
          42.717887
        ]
      },
      {
        "date": "2026-07-24",
        "close": 43.900002,
        "volume": 5121,
        "typical_volume": 4010.15,
        "trend": 42.244333,
        "fair_value": 40.043774,
        "relative_strength": -6.914881,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.134753,
        "energy": 47.144595,
        "activity_lines": [
          44.236001,
          44.264546,
          43.553095,
          42.828193
        ]
      },
      {
        "date": "2026-07-31",
        "close": 43.779999,
        "volume": 3600,
        "typical_volume": 3857.1,
        "trend": 42.297,
        "fair_value": 40.101087,
        "relative_strength": -6.397822,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.080514,
        "energy": 33.702463,
        "activity_lines": [
          44.019333,
          44.198909,
          43.675571,
          42.927269
        ]
      },
      {
        "date": "2026-08-07",
        "close": 44.740002,
        "volume": 5800,
        "typical_volume": 4115.6,
        "trend": 42.343333,
        "fair_value": 40.163355,
        "relative_strength": -7.010047,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.491639,
        "energy": 36.037447,
        "activity_lines": [
          44.168667,
          44.302546,
          43.866524,
          43.084882
        ]
      }
    ],
    "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."
    }
  }
}