{
  "ticker": {
    "uuid": "b1c2308d-411a-4a7f-a1d8-8929be0e1ab0",
    "symbol": "3116",
    "name": "Global X ETF Series II - Global X Asia Pacific High Dividend Yield ETF",
    "exchange": "HKG",
    "country": "HK",
    "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": "^HSI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 91.38,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 60.97,
    "architecture_energy": 52.989,
    "architecture_maturity": 5.493,
    "architecture_confidence": 86.236,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 27.27,
        "rotation_up": 63.83,
        "upward_expansion": 82.09,
        "deceleration": 51.3,
        "rotation_down": 14.16,
        "downward_expansion": 8.76
      },
      "activity_lines": [
        103.436331,
        102.511727,
        102.060919,
        101.054382
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 103.75,
    "trend_reference": 99.41,
    "distance_from_trend": 0.043658,
    "trend_direction": "Improving",
    "fair_value": 77.856499,
    "distance_from_fair_value": 0.33258,
    "fair_value_direction": "Weakening",
    "relative_strength": 10.895479,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.097811,
    "excess_performance": 0.131392,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.043658,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.047237,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.33258,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.064262,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.108955,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.010762,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.097811,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.755366,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6150,
      "relative_activity": 0.850611,
      "balance": 1.755366,
      "dry_up": 1.06845,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.0242,
      "annualized_volatility": 0.148256,
      "from_high_reference": -0.014252,
      "from_low_reference": 8.062626
    },
    "levels": {
      "trend_reference": 99.41,
      "fair_value_reference": 77.856499,
      "structural_low": 92.903463,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.003811,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.018408,
        "regime_survival": 0.75,
        "best_return": 0.075433,
        "worst_return": -0.037828,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.033458,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.040077,
        "regime_survival": 0.285714,
        "best_return": 0.116842,
        "worst_return": -0.011389,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.087446,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.007512,
        "regime_survival": 0.0,
        "best_return": 0.119687,
        "worst_return": -0.027736,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.19326,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.001615,
        "regime_survival": 0.5,
        "best_return": 0.314788,
        "worst_return": 0.071733,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-27",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": -0.011603,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": 0.059883,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.104287,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.115804,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-10-10",
        "tenure": "Established",
        "return": 0.108601,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-10-17",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-24",
        "end": "2025-10-31",
        "tenure": "New",
        "return": 6.851614,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2025-11-14",
        "tenure": "New",
        "return": 0.012812,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.077919,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-04-03",
        "tenure": "Developing",
        "return": 0.010727,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.014089,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.002812,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": 0.039206,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 52.467979,
        "volume": 1300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 53.437374,
        "volume": 2600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 54.75296,
        "volume": 104,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 54.527927,
        "volume": 1000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 56.639809,
        "volume": 4500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 55.26746,
        "volume": 3400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 55.672146,
        "volume": 400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 54.158932,
        "volume": 1500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 54.809971,
        "volume": 12550,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 54.211723,
        "volume": 15100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 53.859818,
        "volume": 2400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 56.076843,
        "volume": 11350,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 55.76012,
        "volume": 26550,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 57.889183,
        "volume": 25150,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 59.226433,
        "volume": 16150,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 59.103279,
        "volume": 28100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 58.874523,
        "volume": 250,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 61.848167,
        "volume": 4950,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 62.28537,
        "volume": 950,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 64.535339,
        "volume": 4150,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 62.481792,
        "volume": 3650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 62.28537,
        "volume": 1700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 60.892513,
        "volume": 1450,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 62.231785,
        "volume": 5450,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 65.946053,
        "volume": 16450,
        "typical_volume": 9082.5,
        "trend": 57.324534,
        "fair_value": 51.2866,
        "relative_strength": 42.234635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.852915,
        "energy": 61.862839,
        "activity_lines": [
          63.225832,
          62.759819,
          60.719351,
          59.178126
        ]
      },
      {
        "date": "2024-02-09",
        "close": 65.499634,
        "volume": 18550,
        "typical_volume": 9840.0,
        "trend": 57.695451,
        "fair_value": 51.46207,
        "relative_strength": 37.799735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.534905,
        "energy": 63.661964,
        "activity_lines": [
          64.136542,
          63.387313,
          61.350665,
          59.705552
        ]
      },
      {
        "date": "2024-02-16",
        "close": 65.678192,
        "volume": 8600,
        "typical_volume": 10250.0,
        "trend": 58.080974,
        "fair_value": 51.635437,
        "relative_strength": 31.824734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.192637,
        "energy": 84.748819,
        "activity_lines": [
          64.905583,
          63.930974,
          61.950259,
          60.220567
        ]
      },
      {
        "date": "2024-02-23",
        "close": 65.999619,
        "volume": 3600,
        "typical_volume": 10355.0,
        "trend": 58.437398,
        "fair_value": 51.808499,
        "relative_strength": 28.271821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.377615,
        "energy": 88.496639,
        "activity_lines": [
          65.555577,
          64.409373,
          62.532818,
          60.731448
        ]
      },
      {
        "date": "2024-03-01",
        "close": 66.463921,
        "volume": 2750,
        "typical_volume": 9865.0,
        "trend": 58.870463,
        "fair_value": 51.982969,
        "relative_strength": 28.991666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.363913,
        "energy": 89.25249,
        "activity_lines": [
          66.019865,
          64.896711,
          63.103212,
          61.249288
        ]
      },
      {
        "date": "2024-03-08",
        "close": 68.767471,
        "volume": 11100,
        "typical_volume": 9665.0,
        "trend": 59.38839,
        "fair_value": 52.180434,
        "relative_strength": 34.024133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.794052,
        "energy": 92.67205,
        "activity_lines": [
          66.969861,
          65.726901,
          63.837496,
          61.887804
        ]
      },
      {
        "date": "2024-03-15",
        "close": 69.69603,
        "volume": 14150,
        "typical_volume": 10252.5,
        "trend": 59.962659,
        "fair_value": 52.384103,
        "relative_strength": 31.526541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.3394,
        "energy": 92.36937,
        "activity_lines": [
          68.041282,
          66.648973,
          64.590902,
          62.552813
        ]
      },
      {
        "date": "2024-03-22",
        "close": 69.654137,
        "volume": 6850,
        "typical_volume": 10027.5,
        "trend": 60.503217,
        "fair_value": 52.582609,
        "relative_strength": 31.846371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.665561,
        "energy": 86.120458,
        "activity_lines": [
          68.818979,
          67.43226,
          65.264907,
          63.17807
        ]
      },
      {
        "date": "2024-03-29",
        "close": 68.496246,
        "volume": 3000,
        "typical_volume": 8850.0,
        "trend": 60.961327,
        "fair_value": 52.763446,
        "relative_strength": 28.041373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.885701,
        "energy": 67.901649,
        "activity_lines": [
          68.945649,
          67.871044,
          65.763983,
          63.693749
        ]
      },
      {
        "date": "2024-04-05",
        "close": 67.265999,
        "volume": 8250,
        "typical_volume": 8005.0,
        "trend": 61.385929,
        "fair_value": 52.926396,
        "relative_strength": 23.222854,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.732004,
        "energy": 65.241209,
        "activity_lines": [
          68.495795,
          67.947897,
          66.085245,
          64.100502
        ]
      },
      {
        "date": "2024-04-12",
        "close": 67.338364,
        "volume": 200,
        "typical_volume": 7207.5,
        "trend": 61.742548,
        "fair_value": 53.086529,
        "relative_strength": 22.274904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.75827,
        "energy": 56.902653,
        "activity_lines": [
          68.016591,
          67.946375,
          66.368747,
          64.48453
        ]
      },
      {
        "date": "2024-04-19",
        "close": 64.425552,
        "volume": 9000,
        "typical_volume": 6252.5,
        "trend": 62.047817,
        "fair_value": 53.211134,
        "relative_strength": 19.539203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.916998,
        "energy": 26.880958,
        "activity_lines": [
          66.661723,
          67.389937,
          66.33621,
          64.657627
        ]
      },
      {
        "date": "2024-04-26",
        "close": 67.971565,
        "volume": 2650,
        "typical_volume": 6372.5,
        "trend": 62.457798,
        "fair_value": 53.371573,
        "relative_strength": 15.015253,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.020002,
        "energy": 26.664201,
        "activity_lines": [
          66.840225,
          67.497758,
          66.616044,
          65.039805
        ]
      },
      {
        "date": "2024-05-03",
        "close": 68.152496,
        "volume": 1750,
        "typical_volume": 6212.5,
        "trend": 62.92425,
        "fair_value": 53.530508,
        "relative_strength": 9.413239,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.513729,
        "energy": 28.769308,
        "activity_lines": [
          67.191208,
          67.596777,
          66.869791,
          65.407205
        ]
      },
      {
        "date": "2024-05-10",
        "close": 70.015984,
        "volume": 3900,
        "typical_volume": 6360.0,
        "trend": 63.431117,
        "fair_value": 53.705885,
        "relative_strength": 8.796755,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.888288,
        "energy": 47.522868,
        "activity_lines": [
          68.186271,
          67.995469,
          67.270992,
          65.864736
        ]
      },
      {
        "date": "2024-05-17",
        "close": 72.422203,
        "volume": 150,
        "typical_volume": 6160.0,
        "trend": 64.038133,
        "fair_value": 53.902899,
        "relative_strength": 8.442373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.618211,
        "energy": 78.602626,
        "activity_lines": [
          69.800075,
          68.767072,
          67.864544,
          66.444806
        ]
      },
      {
        "date": "2024-05-24",
        "close": 71.662346,
        "volume": 6250,
        "typical_volume": 6290.0,
        "trend": 64.631551,
        "fair_value": 54.087893,
        "relative_strength": 12.015238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.1671,
        "energy": 85.216739,
        "activity_lines": [
          70.82167,
          69.33407,
          68.348173,
          66.936691
        ]
      },
      {
        "date": "2024-05-31",
        "close": 71.481422,
        "volume": 350,
        "typical_volume": 6222.5,
        "trend": 65.145037,
        "fair_value": 54.267208,
        "relative_strength": 14.196627,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.187813,
        "energy": 83.638179,
        "activity_lines": [
          71.300504,
          69.832422,
          68.770854,
          67.378618
        ]
      },
      {
        "date": "2024-06-07",
        "close": 71.481422,
        "volume": 350,
        "typical_volume": 6167.5,
        "trend": 65.66908,
        "fair_value": 54.442863,
        "relative_strength": 11.665037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.836518,
        "energy": 83.098969,
        "activity_lines": [
          71.545348,
          70.29755,
          69.149744,
          67.787417
        ]
      },
      {
        "date": "2024-06-14",
        "close": 70.124527,
        "volume": 3050,
        "typical_volume": 6047.5,
        "trend": 66.076925,
        "fair_value": 54.601264,
        "relative_strength": 11.392845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.523088,
        "energy": 57.206957,
        "activity_lines": [
          71.115966,
          70.461694,
          69.348982,
          68.074865
        ]
      },
      {
        "date": "2024-06-21",
        "close": 71.083412,
        "volume": 1850,
        "typical_volume": 5317.5,
        "trend": 66.472158,
        "fair_value": 54.766086,
        "relative_strength": 11.645689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.396336,
        "energy": 50.658074,
        "activity_lines": [
          70.998975,
          70.748207,
          69.601959,
          68.397864
        ]
      },
      {
        "date": "2024-06-28",
        "close": 72.753349,
        "volume": 3300,
        "typical_volume": 4555.0,
        "trend": 66.92716,
        "fair_value": 54.944177,
        "relative_strength": 15.400581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.889339,
        "energy": 56.426001,
        "activity_lines": [
          71.527883,
          71.270254,
          69.989513,
          68.803102
        ]
      },
      {
        "date": "2024-07-05",
        "close": 72.239594,
        "volume": 300,
        "typical_volume": 4140.0,
        "trend": 67.372662,
        "fair_value": 55.11374,
        "relative_strength": 13.286339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.562052,
        "energy": 53.176689,
        "activity_lines": [
          71.812805,
          71.547476,
          70.293597,
          69.14584
        ]
      },
      {
        "date": "2024-07-12",
        "close": 71.358826,
        "volume": 3000,
        "typical_volume": 4110.0,
        "trend": 67.689684,
        "fair_value": 55.271459,
        "relative_strength": 8.245373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.706271,
        "energy": 48.892059,
        "activity_lines": [
          71.753594,
          71.586958,
          70.482554,
          69.403012
        ]
      },
      {
        "date": "2024-07-19",
        "close": 71.101959,
        "volume": 4500,
        "typical_volume": 4197.5,
        "trend": 67.983571,
        "fair_value": 55.423676,
        "relative_strength": 12.530474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.539164,
        "energy": 48.571257,
        "activity_lines": [
          71.616933,
          71.52144,
          70.621527,
          69.623158
        ]
      },
      {
        "date": "2024-07-26",
        "close": 69.945961,
        "volume": 5550,
        "typical_volume": 3920.0,
        "trend": 68.163925,
        "fair_value": 55.561983,
        "relative_strength": 12.484264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.008975,
        "energy": 31.18826,
        "activity_lines": [
          71.029777,
          71.225995,
          70.628318,
          69.749764
        ]
      },
      {
        "date": "2024-08-02",
        "close": 70.331306,
        "volume": 24450,
        "typical_volume": 4435.0,
        "trend": 68.425575,
        "fair_value": 55.701317,
        "relative_strength": 12.770612,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.105371,
        "energy": 22.836824,
        "activity_lines": [
          70.6469,
          71.045636,
          70.666198,
          69.889595
        ]
      },
      {
        "date": "2024-08-09",
        "close": 69.615685,
        "volume": 15150,
        "typical_volume": 4850.0,
        "trend": 68.669919,
        "fair_value": 55.831357,
        "relative_strength": 9.940968,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.944684,
        "energy": 19.137793,
        "activity_lines": [
          70.186952,
          70.759364,
          70.632898,
          69.966377
        ]
      },
      {
        "date": "2024-08-16",
        "close": 71.597374,
        "volume": 6500,
        "typical_volume": 5025.0,
        "trend": 69.026748,
        "fair_value": 55.977339,
        "relative_strength": 10.187811,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.498706,
        "energy": 22.514185,
        "activity_lines": [
          70.562494,
          70.867323,
          70.788514,
          70.155245
        ]
      },
      {
        "date": "2024-08-23",
        "close": 73.94603,
        "volume": 1650,
        "typical_volume": 4695.0,
        "trend": 69.417223,
        "fair_value": 56.142189,
        "relative_strength": 11.905496,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.123747,
        "energy": 41.412876,
        "activity_lines": [
          71.705018,
          71.400201,
          71.153044,
          70.472618
        ]
      },
      {
        "date": "2024-08-30",
        "close": 74.49649,
        "volume": 1600,
        "typical_volume": 4765.0,
        "trend": 69.702237,
        "fair_value": 56.309047,
        "relative_strength": 9.722196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.014923,
        "energy": 70.166947,
        "activity_lines": [
          72.841425,
          71.963681,
          71.538188,
          70.800312
        ]
      },
      {
        "date": "2024-09-06",
        "close": 73.982727,
        "volume": 2200,
        "typical_volume": 4425.0,
        "trend": 69.985007,
        "fair_value": 56.468269,
        "relative_strength": 11.659852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.329632,
        "energy": 77.210107,
        "activity_lines": [
          73.503208,
          72.371694,
          71.840317,
          71.076473
        ]
      },
      {
        "date": "2024-09-13",
        "close": 73.468964,
        "volume": 5250,
        "typical_volume": 4555.0,
        "trend": 70.244699,
        "fair_value": 56.620061,
        "relative_strength": 10.739505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.748594,
        "energy": 74.938645,
        "activity_lines": [
          73.750309,
          72.663942,
          72.048006,
          71.301244
        ]
      },
      {
        "date": "2024-09-20",
        "close": 75.267151,
        "volume": 9200,
        "typical_volume": 4927.5,
        "trend": 70.553617,
        "fair_value": 56.785079,
        "relative_strength": 7.349318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.078954,
        "energy": 80.502115,
        "activity_lines": [
          74.33992,
          73.260782,
          72.400772,
          71.625274
        ]
      },
      {
        "date": "2024-09-27",
        "close": 77.37207,
        "volume": 4400,
        "typical_volume": 4952.5,
        "trend": 70.917222,
        "fair_value": 56.965667,
        "relative_strength": -2.648666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.469373,
        "energy": 85.866753,
        "activity_lines": [
          75.386519,
          74.169274,
          72.920128,
          72.065174
        ]
      },
      {
        "date": "2024-10-04",
        "close": 77.651054,
        "volume": 10550,
        "typical_volume": 5472.5,
        "trend": 71.213341,
        "fair_value": 57.14554,
        "relative_strength": -11.481656,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.400414,
        "energy": 86.155458,
        "activity_lines": [
          76.297711,
          75.014488,
          73.431024,
          72.499615
        ]
      },
      {
        "date": "2024-10-11",
        "close": 80.161919,
        "volume": 17050,
        "typical_volume": 6012.5,
        "trend": 71.562204,
        "fair_value": 57.343957,
        "relative_strength": -2.572125,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.602052,
        "energy": 87.640662,
        "activity_lines": [
          77.835552,
          76.176131,
          74.156151,
          73.076942
        ]
      },
      {
        "date": "2024-10-18",
        "close": 76.014343,
        "volume": 21100,
        "typical_volume": 7050.0,
        "trend": 71.774211,
        "fair_value": 57.503533,
        "relative_strength": -5.856477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.885753,
        "energy": 58.031174,
        "activity_lines": [
          77.578923,
          76.40493,
          74.445797,
          73.364177
        ]
      },
      {
        "date": "2024-10-25",
        "close": 76.144531,
        "volume": 3400,
        "typical_volume": 7202.5,
        "trend": 72.029154,
        "fair_value": 57.661508,
        "relative_strength": -4.998895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.56547,
        "energy": 50.262725,
        "activity_lines": [
          77.195997,
          76.541061,
          74.726257,
          73.646133
        ]
      },
      {
        "date": "2024-11-01",
        "close": 76.442101,
        "volume": 800,
        "typical_volume": 7090.0,
        "trend": 72.335024,
        "fair_value": 57.819328,
        "relative_strength": -4.499209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.134665,
        "energy": 42.052768,
        "activity_lines": [
          76.85377,
          76.64862,
          75.012851,
          73.930839
        ]
      },
      {
        "date": "2024-11-08",
        "close": 75.995735,
        "volume": 10600,
        "typical_volume": 7527.5,
        "trend": 72.623603,
        "fair_value": 57.970798,
        "relative_strength": -6.268892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.312701,
        "energy": 26.107558,
        "activity_lines": [
          76.424752,
          76.629638,
          75.22685,
          74.167014
        ]
      },
      {
        "date": "2024-11-15",
        "close": 74.098625,
        "volume": 17300,
        "typical_volume": 8227.5,
        "trend": 72.946039,
        "fair_value": 58.104086,
        "relative_strength": -2.722214,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.492081,
        "energy": 18.986825,
        "activity_lines": [
          75.473718,
          76.238468,
          75.23678,
          74.262177
        ]
      },
      {
        "date": "2024-11-22",
        "close": 75.642349,
        "volume": 300,
        "typical_volume": 8227.5,
        "trend": 73.201732,
        "fair_value": 58.247842,
        "relative_strength": 0.043381,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.208181,
        "energy": 18.062669,
        "activity_lines": [
          75.441479,
          76.125868,
          75.387325,
          74.436132
        ]
      },
      {
        "date": "2024-11-29",
        "close": 73.838249,
        "volume": 9450,
        "typical_volume": 8550.0,
        "trend": 73.391257,
        "fair_value": 58.374593,
        "relative_strength": -3.453087,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.321779,
        "energy": 15.626748,
        "activity_lines": [
          74.832672,
          75.645734,
          75.349848,
          74.477198
        ]
      },
      {
        "date": "2024-12-06",
        "close": 74.507813,
        "volume": 3800,
        "typical_volume": 8515.0,
        "trend": 73.540985,
        "fair_value": 58.5047,
        "relative_strength": -4.814327,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.433786,
        "energy": 12.849502,
        "activity_lines": [
          74.600806,
          75.313318,
          75.364332,
          74.549234
        ]
      },
      {
        "date": "2024-12-13",
        "close": 72.908295,
        "volume": 8850,
        "typical_volume": 8680.0,
        "trend": 73.557188,
        "fair_value": 58.619928,
        "relative_strength": -7.334583,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.939885,
        "energy": 10.112438,
        "activity_lines": [
          73.96472,
          74.742159,
          75.210263,
          74.508415
        ]
      },
      {
        "date": "2024-12-20",
        "close": 70.676414,
        "volume": 9000,
        "typical_volume": 7907.5,
        "trend": 73.524323,
        "fair_value": 58.715615,
        "relative_strength": -8.928746,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.537744,
        "energy": 29.832204,
        "activity_lines": [
          72.790502,
          73.851435,
          74.829527,
          74.322559
        ]
      },
      {
        "date": "2024-12-27",
        "close": 71.506271,
        "volume": 200,
        "typical_volume": 7160.0,
        "trend": 73.525152,
        "fair_value": 58.816329,
        "relative_strength": -9.455064,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.693854,
        "energy": 41.086576,
        "activity_lines": [
          72.121051,
          73.284058,
          74.526182,
          74.192362
        ]
      },
      {
        "date": "2025-01-03",
        "close": 71.789131,
        "volume": 2400,
        "typical_volume": 6955.0,
        "trend": 73.535408,
        "fair_value": 58.917679,
        "relative_strength": -7.511997,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.132646,
        "energy": 45.447465,
        "activity_lines": [
          71.821626,
          72.850074,
          74.240773,
          74.08036
        ]
      },
      {
        "date": "2025-01-10",
        "close": 70.318268,
        "volume": 22250,
        "typical_volume": 7985.0,
        "trend": 73.541867,
        "fair_value": 59.006055,
        "relative_strength": -6.032622,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.951301,
        "energy": 57.37575,
        "activity_lines": [
          71.16852,
          72.227851,
          73.814368,
          73.872803
        ]
      },
      {
        "date": "2025-01-17",
        "close": 70.695412,
        "volume": 5650,
        "typical_volume": 8187.5,
        "trend": 73.528933,
        "fair_value": 59.095973,
        "relative_strength": -7.869948,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.927437,
        "energy": 53.62793,
        "activity_lines": [
          70.920432,
          71.785541,
          73.441158,
          73.689161
        ]
      },
      {
        "date": "2025-01-24",
        "close": 70.770828,
        "volume": 2350,
        "typical_volume": 8195.0,
        "trend": 73.462849,
        "fair_value": 59.185094,
        "relative_strength": -9.821981,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.029995,
        "energy": 49.321948,
        "activity_lines": [
          70.845008,
          71.453313,
          73.09323,
          73.511219
        ]
      },
      {
        "date": "2025-01-31",
        "close": 70.676559,
        "volume": 0,
        "typical_volume": 7932.5,
        "trend": 73.410748,
        "fair_value": 59.272151,
        "relative_strength": -10.318612,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.152588,
        "energy": 59.713045,
        "activity_lines": [
          70.731867,
          71.16445,
          72.751619,
          73.331458
        ]
      },
      {
        "date": "2025-02-07",
        "close": 71.16684,
        "volume": 2350,
        "typical_volume": 7590.0,
        "trend": 73.404348,
        "fair_value": 59.361585,
        "relative_strength": -13.239028,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.427743,
        "energy": 46.049004,
        "activity_lines": [
          70.837467,
          71.055017,
          72.469998,
          73.18669
        ]
      },
      {
        "date": "2025-02-14",
        "close": 73.071411,
        "volume": 3050,
        "typical_volume": 7522.5,
        "trend": 73.469997,
        "fair_value": 59.463897,
        "relative_strength": -16.44568,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.031472,
        "energy": 28.001303,
        "activity_lines": [
          71.619411,
          71.34044,
          72.38929,
          73.16521
        ]
      },
      {
        "date": "2025-02-21",
        "close": 73.486267,
        "volume": 15750,
        "typical_volume": 7782.5,
        "trend": 73.588007,
        "fair_value": 59.567766,
        "relative_strength": -18.710745,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.64069,
        "energy": 19.885573,
        "activity_lines": [
          72.356096,
          71.727408,
          72.368572,
          73.166259
        ]
      },
      {
        "date": "2025-02-28",
        "close": 72.430275,
        "volume": 1200,
        "typical_volume": 6990.0,
        "trend": 73.657973,
        "fair_value": 59.662344,
        "relative_strength": -17.655581,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.047369,
        "energy": 23.26911,
        "activity_lines": [
          72.554728,
          71.911869,
          72.267116,
          73.091567
        ]
      },
      {
        "date": "2025-03-07",
        "close": 74.014259,
        "volume": 8250,
        "typical_volume": 6347.5,
        "trend": 73.804592,
        "fair_value": 59.767102,
        "relative_strength": -19.871927,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.587821,
        "energy": 19.770018,
        "activity_lines": [
          73.170724,
          72.352439,
          72.353332,
          73.114553
        ]
      },
      {
        "date": "2025-03-14",
        "close": 75.428558,
        "volume": 1150,
        "typical_volume": 6235.0,
        "trend": 73.932298,
        "fair_value": 59.880591,
        "relative_strength": -16.988913,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 38.844872,
        "energy": 44.535557,
        "activity_lines": [
          74.03564,
          73.004554,
          72.583768,
          73.219325
        ]
      },
      {
        "date": "2025-03-21",
        "close": 75.296562,
        "volume": 1950,
        "typical_volume": 6292.5,
        "trend": 73.977316,
        "fair_value": 59.991497,
        "relative_strength": -15.743127,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.735061,
        "energy": 61.739116,
        "activity_lines": [
          74.572442,
          73.566498,
          72.805042,
          73.307342
        ]
      },
      {
        "date": "2025-03-28",
        "close": 75.468605,
        "volume": 50,
        "typical_volume": 5765.0,
        "trend": 74.00972,
        "fair_value": 60.102048,
        "relative_strength": -14.199957,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.320108,
        "energy": 69.123659,
        "activity_lines": [
          75.018249,
          74.069209,
          73.048157,
          73.403555
        ]
      },
      {
        "date": "2025-04-04",
        "close": 71.647415,
        "volume": 9950,
        "typical_volume": 5397.5,
        "trend": 73.931876,
        "fair_value": 60.18393,
        "relative_strength": -16.107156,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 1.148868,
        "energy": 33.963835,
        "activity_lines": [
          74.05817,
          73.790372,
          72.929858,
          73.251148
        ]
      },
      {
        "date": "2025-04-11",
        "close": 67.444099,
        "volume": 20250,
        "typical_volume": 6395.0,
        "trend": 73.731047,
        "fair_value": 60.235058,
        "relative_strength": -13.364482,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -49.481467,
        "energy": 25.303284,
        "activity_lines": [
          71.749177,
          72.731358,
          72.422916,
          72.832582
        ]
      },
      {
        "date": "2025-04-18",
        "close": 70.118935,
        "volume": 12450,
        "typical_volume": 6545.0,
        "trend": 73.55944,
        "fair_value": 60.304176,
        "relative_strength": -11.63449,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.788605,
        "energy": 28.643689,
        "activity_lines": [
          70.769806,
          72.21745,
          72.20976,
          72.599542
        ]
      },
      {
        "date": "2025-04-25",
        "close": 71.265289,
        "volume": 1500,
        "typical_volume": 6430.0,
        "trend": 73.35588,
        "fair_value": 60.380295,
        "relative_strength": -12.305744,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.123238,
        "energy": 34.26667,
        "activity_lines": [
          70.526528,
          71.931023,
          72.123491,
          72.451532
        ]
      },
      {
        "date": "2025-05-02",
        "close": 73.672646,
        "volume": 8400,
        "typical_volume": 6407.5,
        "trend": 73.223267,
        "fair_value": 60.471966,
        "relative_strength": -11.26244,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.987653,
        "energy": 24.897269,
        "activity_lines": [
          71.354454,
          72.115136,
          72.281935,
          72.471969
        ]
      },
      {
        "date": "2025-05-09",
        "close": 74.895439,
        "volume": 3450,
        "typical_volume": 6130.0,
        "trend": 73.047717,
        "fair_value": 60.570757,
        "relative_strength": -11.028455,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -16.589579,
        "energy": 7.212317,
        "activity_lines": [
          72.709708,
          72.518186,
          72.553196,
          72.579851
        ]
      },
      {
        "date": "2025-05-16",
        "close": 78.334511,
        "volume": 4400,
        "typical_volume": 6340.0,
        "trend": 73.125056,
        "fair_value": 60.691599,
        "relative_strength": -8.679516,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 35.459973,
        "energy": 26.955178,
        "activity_lines": [
          74.994784,
          73.5017,
          73.131896,
          72.920934
        ]
      },
      {
        "date": "2025-05-23",
        "close": 78.238976,
        "volume": 7250,
        "typical_volume": 6582.5,
        "trend": 73.194871,
        "fair_value": 60.810162,
        "relative_strength": -9.527265,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 62.741059,
        "energy": 52.68661,
        "activity_lines": [
          76.521988,
          74.389295,
          73.668983,
          73.250865
        ]
      },
      {
        "date": "2025-05-30",
        "close": 79.404442,
        "volume": 11550,
        "typical_volume": 6047.5,
        "trend": 73.293616,
        "fair_value": 60.934956,
        "relative_strength": -6.684937,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.032034,
        "energy": 65.865849,
        "activity_lines": [
          77.896345,
          75.437694,
          74.286353,
          73.651482
        ]
      },
      {
        "date": "2025-06-06",
        "close": 81.754478,
        "volume": 5800,
        "typical_volume": 6055.0,
        "trend": 73.485574,
        "fair_value": 61.073753,
        "relative_strength": -5.727319,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.700803,
        "energy": 73.335127,
        "activity_lines": [
          79.511436,
          76.838683,
          75.084268,
          74.197344
        ]
      },
      {
        "date": "2025-06-13",
        "close": 83.091896,
        "volume": 3700,
        "typical_volume": 6122.5,
        "trend": 73.78535,
        "fair_value": 61.219568,
        "relative_strength": -4.368904,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.126048,
        "energy": 74.633842,
        "activity_lines": [
          81.033545,
          78.368551,
          75.956895,
          74.817107
        ]
      },
      {
        "date": "2025-06-20",
        "close": 82.308548,
        "volume": 15850,
        "typical_volume": 6915.0,
        "trend": 74.007556,
        "fair_value": 61.358312,
        "relative_strength": -3.585976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.003194,
        "energy": 69.582467,
        "activity_lines": [
          81.748108,
          79.547911,
          76.696245,
          75.366991
        ]
      },
      {
        "date": "2025-06-27",
        "close": 85.394142,
        "volume": 23850,
        "typical_volume": 7990.0,
        "trend": 74.392753,
        "fair_value": 61.515409,
        "relative_strength": -2.772171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.250897,
        "energy": 70.946135,
        "activity_lines": [
          83.226266,
          81.018024,
          77.67407,
          76.101609
        ]
      },
      {
        "date": "2025-07-04",
        "close": 87.889244,
        "volume": 1350,
        "typical_volume": 7905.0,
        "trend": 74.8388,
        "fair_value": 61.686667,
        "relative_strength": 1.816509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.06725,
        "energy": 75.035784,
        "activity_lines": [
          85.059113,
          82.664062,
          78.821776,
          76.97235
        ]
      },
      {
        "date": "2025-07-11",
        "close": 87.0382,
        "volume": 9500,
        "typical_volume": 7592.5,
        "trend": 75.309797,
        "fair_value": 61.850226,
        "relative_strength": 0.054366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.298739,
        "energy": 91.445002,
        "activity_lines": [
          86.042626,
          83.853111,
          79.817868,
          77.759409
        ]
      },
      {
        "date": "2025-07-18",
        "close": 87.173592,
        "volume": 4950,
        "typical_volume": 7780.0,
        "trend": 75.859703,
        "fair_value": 62.012555,
        "relative_strength": -2.261746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.65093,
        "energy": 89.873672,
        "activity_lines": [
          86.719022,
          84.823766,
          80.762322,
          78.524815
        ]
      },
      {
        "date": "2025-07-25",
        "close": 90.26828,
        "volume": 3200,
        "typical_volume": 7527.5,
        "trend": 76.485104,
        "fair_value": 62.295296,
        "relative_strength": -0.740864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.288232,
        "energy": 94.256802,
        "activity_lines": [
          88.154867,
          86.133853,
          81.931302,
          79.4544
        ]
      },
      {
        "date": "2025-08-01",
        "close": 87.521744,
        "volume": 13700,
        "typical_volume": 8155.0,
        "trend": 77.009524,
        "fair_value": 62.565192,
        "relative_strength": 0.007816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.602963,
        "energy": 86.548898,
        "activity_lines": [
          88.144551,
          86.727592,
          82.761307,
          80.166442
        ]
      },
      {
        "date": "2025-08-08",
        "close": 87.695824,
        "volume": 14450,
        "typical_volume": 8780.0,
        "trend": 77.588776,
        "fair_value": 62.823615,
        "relative_strength": -0.917033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.507481,
        "energy": 64.52631,
        "activity_lines": [
          88.050421,
          87.184204,
          83.550304,
          80.85588
        ]
      },
      {
        "date": "2025-08-15",
        "close": 88.488838,
        "volume": 11200,
        "typical_volume": 9337.5,
        "trend": 78.18189,
        "fair_value": 63.088708,
        "relative_strength": -1.325172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.453887,
        "energy": 64.622208,
        "activity_lines": [
          88.233525,
          87.634248,
          84.355782,
          81.55911
        ]
      },
      {
        "date": "2025-08-22",
        "close": 88.682251,
        "volume": 26300,
        "typical_volume": 10155.0,
        "trend": 78.778937,
        "fair_value": 63.354724,
        "relative_strength": -1.004187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.978866,
        "energy": 60.23068,
        "activity_lines": [
          88.38439,
          87.997016,
          85.11768,
          82.236553
        ]
      },
      {
        "date": "2025-08-29",
        "close": 88.682251,
        "volume": 10200,
        "typical_volume": 9652.5,
        "trend": 79.379127,
        "fair_value": 63.63957,
        "relative_strength": 0.35841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.836522,
        "energy": 56.893836,
        "activity_lines": [
          88.434678,
          88.25814,
          85.798459,
          82.875476
        ]
      },
      {
        "date": "2025-09-05",
        "close": 88.469498,
        "volume": 4600,
        "typical_volume": 9260.0,
        "trend": 79.955882,
        "fair_value": 63.923582,
        "relative_strength": -0.811308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.199275,
        "energy": 55.101412,
        "activity_lines": [
          88.519783,
          88.364697,
          86.357842,
          83.461952
        ]
      },
      {
        "date": "2025-09-12",
        "close": 90.074867,
        "volume": 5512,
        "typical_volume": 9460.6,
        "trend": 80.522664,
        "fair_value": 64.222856,
        "relative_strength": -2.287159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.219809,
        "energy": 58.220814,
        "activity_lines": [
          89.076828,
          88.707223,
          86.982734,
          84.114789
        ]
      },
      {
        "date": "2025-09-19",
        "close": 89.939476,
        "volume": 10050,
        "typical_volume": 9543.1,
        "trend": 81.071105,
        "fair_value": 64.528034,
        "relative_strength": -2.617309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.576188,
        "energy": 57.503981,
        "activity_lines": [
          89.43014,
          88.985394,
          87.505162,
          84.722326
        ]
      },
      {
        "date": "2025-09-26",
        "close": 88.321259,
        "volume": 8500,
        "typical_volume": 9795.6,
        "trend": 81.600804,
        "fair_value": 64.838311,
        "relative_strength": -2.644607,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.200666,
        "energy": 51.842402,
        "activity_lines": [
          89.147336,
          88.916594,
          87.796013,
          85.190078
        ]
      },
      {
        "date": "2025-10-03",
        "close": 89.08416,
        "volume": 7100,
        "typical_volume": 9930.6,
        "trend": 82.103134,
        "fair_value": 65.145368,
        "relative_strength": -5.398066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.023328,
        "energy": 46.518476,
        "activity_lines": [
          89.1429,
          88.965636,
          88.095588,
          85.672875
        ]
      },
      {
        "date": "2025-10-10",
        "close": 88.027824,
        "volume": 10062,
        "typical_volume": 10071.2,
        "trend": 82.52311,
        "fair_value": 65.450776,
        "relative_strength": -3.268208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.162509,
        "energy": 35.107066,
        "activity_lines": [
          88.759557,
          88.844146,
          88.243372,
          86.055113
        ]
      },
      {
        "date": "2025-10-17",
        "close": 88.282135,
        "volume": 8350,
        "typical_volume": 9911.2,
        "trend": 82.955962,
        "fair_value": 65.762189,
        "relative_strength": 1.108036,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.957264,
        "energy": 25.187026,
        "activity_lines": [
          88.49043,
          88.759693,
          88.368762,
          86.426663
        ]
      },
      {
        "date": "2025-10-24",
        "close": 11.448117,
        "volume": 1600,
        "typical_volume": 9701.2,
        "trend": 80.821946,
        "fair_value": 65.579796,
        "relative_strength": -87.11263,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -63.892873,
        "energy": 83.482099,
        "activity_lines": [
          62.729478,
          74.694759,
          81.134351,
          81.813253
        ]
      },
      {
        "date": "2025-10-31",
        "close": 89.8862,
        "volume": 20300,
        "typical_volume": 10531.2,
        "trend": 81.429905,
        "fair_value": 65.895836,
        "relative_strength": 2.326347,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.589852,
        "energy": 32.532053,
        "activity_lines": [
          68.347312,
          76.292035,
          81.705027,
          82.398044
        ]
      },
      {
        "date": "2025-11-07",
        "close": 88.555992,
        "volume": 11800,
        "typical_volume": 10328.7,
        "trend": 82.133635,
        "fair_value": 66.179446,
        "relative_strength": -0.310687,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.910601,
        "energy": 27.216409,
        "activity_lines": [
          73.417414,
          77.625564,
          82.116662,
          82.857791
        ]
      },
      {
        "date": "2025-11-14",
        "close": 89.690575,
        "volume": 3562,
        "typical_volume": 9314.3,
        "trend": 82.786023,
        "fair_value": 66.468196,
        "relative_strength": -0.040448,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -7.195372,
        "energy": 18.920582,
        "activity_lines": [
          78.900921,
          79.167678,
          82.606603,
          83.345336
        ]
      },
      {
        "date": "2025-11-21",
        "close": 86.169456,
        "volume": 7850,
        "typical_volume": 9639.3,
        "trend": 83.282829,
        "fair_value": 66.726157,
        "relative_strength": 1.483975,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.127529,
        "energy": 20.722255,
        "activity_lines": [
          83.099872,
          80.047386,
          82.74074,
          83.563622
        ]
      },
      {
        "date": "2025-11-28",
        "close": 88.908112,
        "volume": 4000,
        "typical_volume": 9364.3,
        "trend": 83.790678,
        "fair_value": 66.995485,
        "relative_strength": 2.334747,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 14.558495,
        "energy": 22.916065,
        "activity_lines": [
          88.352553,
          81.496039,
          83.143891,
          83.926543
        ]
      },
      {
        "date": "2025-12-05",
        "close": 88.790733,
        "volume": 2700,
        "typical_volume": 9251.8,
        "trend": 84.253854,
        "fair_value": 67.263207,
        "relative_strength": 1.514874,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.478376,
        "energy": 17.563616,
        "activity_lines": [
          88.402108,
          82.942103,
          83.526959,
          84.249128
        ]
      },
      {
        "date": "2025-12-12",
        "close": 89.299347,
        "volume": 7212,
        "typical_volume": 9452.4,
        "trend": 84.619349,
        "fair_value": 67.534509,
        "relative_strength": 2.647387,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.390428,
        "energy": 18.73518,
        "activity_lines": [
          88.694233,
          84.472106,
          83.950765,
          84.574643
        ]
      },
      {
        "date": "2025-12-19",
        "close": 89.045044,
        "volume": 11050,
        "typical_volume": 9319.9,
        "trend": 84.979551,
        "fair_value": 67.799774,
        "relative_strength": 3.565634,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.521139,
        "energy": 18.878498,
        "activity_lines": [
          88.852032,
          85.951959,
          84.354966,
          84.860172
        ]
      },
      {
        "date": "2025-12-26",
        "close": 89.183365,
        "volume": 5450,
        "typical_volume": 8869.9,
        "trend": 85.305515,
        "fair_value": 68.070687,
        "relative_strength": 3.272995,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 14.787352,
        "energy": 13.030244,
        "activity_lines": [
          89.098975,
          87.438467,
          84.765087,
          85.131386
        ]
      },
      {
        "date": "2026-01-02",
        "close": 88.945915,
        "volume": 6750,
        "typical_volume": 8647.4,
        "trend": 85.54523,
        "fair_value": 68.33748,
        "relative_strength": 1.115151,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.830877,
        "energy": 12.461909,
        "activity_lines": [
          89.06584,
          88.865416,
          85.14551,
          85.36625
        ]
      },
      {
        "date": "2026-01-09",
        "close": 89.579117,
        "volume": 21413,
        "typical_volume": 8403.05,
        "trend": 85.76147,
        "fair_value": 68.596319,
        "relative_strength": 2.410459,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.799405,
        "energy": 11.446279,
        "activity_lines": [
          89.241252,
          88.998443,
          85.584061,
          85.626501
        ]
      },
      {
        "date": "2026-01-16",
        "close": 92.052589,
        "volume": 8450,
        "typical_volume": 8315.55,
        "trend": 86.086272,
        "fair_value": 68.863004,
        "relative_strength": 2.941799,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 26.077872,
        "energy": 16.391601,
        "activity_lines": [
          90.188595,
          89.586774,
          86.25391,
          86.03238
        ]
      },
      {
        "date": "2026-01-23",
        "close": 92.883667,
        "volume": 4650,
        "typical_volume": 8318.05,
        "trend": 86.335922,
        "fair_value": 69.128522,
        "relative_strength": 4.274655,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.164059,
        "energy": 46.633541,
        "activity_lines": [
          91.229416,
          90.262636,
          86.98686,
          86.470922
        ]
      },
      {
        "date": "2026-01-30",
        "close": 93.991783,
        "volume": 21250,
        "typical_volume": 9104.95,
        "trend": 86.53934,
        "fair_value": 69.403634,
        "relative_strength": 3.099313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.706756,
        "energy": 93.002384,
        "activity_lines": [
          92.3837,
          91.081918,
          87.804326,
          86.964848
        ]
      },
      {
        "date": "2026-02-06",
        "close": 94.506264,
        "volume": 28850,
        "typical_volume": 10044.95,
        "trend": 86.788276,
        "fair_value": 69.683233,
        "relative_strength": 6.774399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.793916,
        "energy": 92.011188,
        "activity_lines": [
          93.388917,
          91.852517,
          88.652137,
          87.478843
        ]
      },
      {
        "date": "2026-02-13",
        "close": 97.197395,
        "volume": 6750,
        "typical_volume": 9957.45,
        "trend": 87.122403,
        "fair_value": 69.983223,
        "relative_strength": 9.514613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.54727,
        "energy": 95.744607,
        "activity_lines": [
          94.920487,
          93.010629,
          89.7345,
          88.150399
        ]
      },
      {
        "date": "2026-02-20",
        "close": 97.731667,
        "volume": 0,
        "typical_volume": 9602.45,
        "trend": 87.371182,
        "fair_value": 70.284581,
        "relative_strength": 10.395376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.716322,
        "energy": 95.293731,
        "activity_lines": [
          96.122263,
          94.113032,
          90.825479,
          88.834868
        ]
      },
      {
        "date": "2026-02-27",
        "close": 100.917496,
        "volume": 13400,
        "typical_volume": 9769.35,
        "trend": 87.817707,
        "fair_value": 70.606793,
        "relative_strength": 12.655584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.242388,
        "energy": 97.342412,
        "activity_lines": [
          98.007376,
          95.641362,
          92.178692,
          89.708824
        ]
      },
      {
        "date": "2026-03-06",
        "close": 96.425674,
        "volume": 10250,
        "typical_volume": 9864.35,
        "trend": 88.108702,
        "fair_value": 70.907788,
        "relative_strength": 10.85393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.18862,
        "energy": 77.118341,
        "activity_lines": [
          97.859627,
          96.137134,
          93.042732,
          90.264176
        ]
      },
      {
        "date": "2026-03-13",
        "close": 96.465256,
        "volume": 14232,
        "typical_volume": 10495.95,
        "trend": 88.374583,
        "fair_value": 71.209795,
        "relative_strength": 11.762418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.71588,
        "energy": 65.308523,
        "activity_lines": [
          97.562813,
          96.508425,
          93.871764,
          90.803309
        ]
      },
      {
        "date": "2026-03-20",
        "close": 97.850395,
        "volume": 14150,
        "typical_volume": 10188.45,
        "trend": 88.680188,
        "fair_value": 71.515918,
        "relative_strength": 13.764553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.233755,
        "energy": 61.152317,
        "activity_lines": [
          97.597112,
          96.994844,
          94.42787,
          91.414652
        ]
      },
      {
        "date": "2026-03-27",
        "close": 97.099998,
        "volume": 9250,
        "typical_volume": 10060.95,
        "trend": 88.960779,
        "fair_value": 71.815268,
        "relative_strength": 13.933114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.690167,
        "energy": 47.504788,
        "activity_lines": [
          97.337745,
          97.19444,
          94.874584,
          91.957865
        ]
      },
      {
        "date": "2026-04-03",
        "close": 95.0,
        "volume": 9750,
        "typical_volume": 10370.35,
        "trend": 89.178463,
        "fair_value": 72.103992,
        "relative_strength": 10.336538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.544028,
        "energy": 34.842242,
        "activity_lines": [
          96.420491,
          96.920448,
          95.080614,
          92.347492
        ]
      },
      {
        "date": "2026-04-10",
        "close": 98.660004,
        "volume": 12772,
        "typical_volume": 10616.45,
        "trend": 89.464634,
        "fair_value": 72.408324,
        "relative_strength": 10.785003,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.782269,
        "energy": 37.964864,
        "activity_lines": [
          97.117737,
          97.273432,
          95.609932,
          92.959205
        ]
      },
      {
        "date": "2026-04-17",
        "close": 100.050003,
        "volume": 5400,
        "typical_volume": 10686.45,
        "trend": 89.801651,
        "fair_value": 72.72931,
        "relative_strength": 10.860917,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.099971,
        "energy": 45.071465,
        "activity_lines": [
          98.129361,
          97.794266,
          96.212152,
          93.642132
        ]
      },
      {
        "date": "2026-04-24",
        "close": 99.040001,
        "volume": 8900,
        "typical_volume": 10996.45,
        "trend": 90.158943,
        "fair_value": 73.046877,
        "relative_strength": 10.161517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.788073,
        "energy": 43.417804,
        "activity_lines": [
          98.565335,
          98.030668,
          96.665125,
          94.238154
        ]
      },
      {
        "date": "2026-05-01",
        "close": 98.739998,
        "volume": 4450,
        "typical_volume": 10858.35,
        "trend": 90.480804,
        "fair_value": 73.361211,
        "relative_strength": 10.34504,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.714831,
        "energy": 45.600565,
        "activity_lines": [
          98.822001,
          98.179022,
          97.04072,
          94.791771
        ]
      },
      {
        "date": "2026-05-08",
        "close": 102.949997,
        "volume": 10000,
        "typical_volume": 10805.85,
        "trend": 90.97821,
        "fair_value": 73.701987,
        "relative_strength": 11.971639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.767997,
        "energy": 62.284755,
        "activity_lines": [
          100.372666,
          99.074498,
          97.772312,
          95.596235
        ]
      },
      {
        "date": "2026-05-15",
        "close": 100.650002,
        "volume": 6615,
        "typical_volume": 10864.1,
        "trend": 91.390472,
        "fair_value": 74.027038,
        "relative_strength": 10.968004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.856388,
        "energy": 52.581705,
        "activity_lines": [
          100.626666,
          99.514837,
          98.218643,
          96.220221
        ]
      },
      {
        "date": "2026-05-22",
        "close": 103.0,
        "volume": 10150,
        "typical_volume": 11034.1,
        "trend": 94.442201,
        "fair_value": 74.364863,
        "relative_strength": 14.69417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.795684,
        "energy": 57.76372,
        "activity_lines": [
          101.531333,
          100.305644,
          98.83418,
          96.969223
        ]
      },
      {
        "date": "2026-05-29",
        "close": 104.400002,
        "volume": 8600,
        "typical_volume": 10393.45,
        "trend": 94.925995,
        "fair_value": 74.707299,
        "relative_strength": 17.733467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.886559,
        "energy": 72.583206,
        "activity_lines": [
          102.706001,
          101.232182,
          99.516126,
          97.611662
        ]
      },
      {
        "date": "2026-06-05",
        "close": 103.606056,
        "volume": 300,
        "typical_volume": 9985.95,
        "trend": 95.427664,
        "fair_value": 75.03701,
        "relative_strength": 17.411833,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.966244,
        "energy": 66.804646,
        "activity_lines": [
          103.258686,
          101.895283,
          100.051883,
          98.171666
        ]
      },
      {
        "date": "2026-06-12",
        "close": 103.307625,
        "volume": 700,
        "typical_volume": 9788.45,
        "trend": 95.881565,
        "fair_value": 75.353573,
        "relative_strength": 17.778997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.146419,
        "energy": 71.749138,
        "activity_lines": [
          103.38749,
          102.385832,
          100.504201,
          98.68005
        ]
      },
      {
        "date": "2026-06-19",
        "close": 101.865196,
        "volume": 16300,
        "typical_volume": 9540.95,
        "trend": 96.404757,
        "fair_value": 75.672997,
        "relative_strength": 19.493246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.046016,
        "energy": 60.50137,
        "activity_lines": [
          103.011643,
          102.463074,
          100.769508,
          99.066091
        ]
      },
      {
        "date": "2026-06-26",
        "close": 98.76149,
        "volume": 450,
        "typical_volume": 8120.95,
        "trend": 96.733203,
        "fair_value": 75.975409,
        "relative_strength": 21.703436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.482179,
        "energy": 29.334504,
        "activity_lines": [
          101.520215,
          101.917728,
          100.70173,
          99.218138
        ]
      },
      {
        "date": "2026-07-03",
        "close": 100.249619,
        "volume": 300,
        "typical_volume": 7798.45,
        "trend": 97.115166,
        "fair_value": 76.289802,
        "relative_strength": 19.552043,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.695317,
        "energy": 22.073299,
        "activity_lines": [
          100.807397,
          101.66638,
          100.755417,
          99.445004
        ]
      },
      {
        "date": "2026-07-10",
        "close": 101.493408,
        "volume": 9765,
        "typical_volume": 8286.7,
        "trend": 97.521634,
        "fair_value": 76.591862,
        "relative_strength": 16.534586,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.406207,
        "energy": 23.772409,
        "activity_lines": [
          100.785867,
          101.619181,
          100.913025,
          99.727471
        ]
      },
      {
        "date": "2026-07-17",
        "close": 101.841675,
        "volume": 9300,
        "typical_volume": 8081.7,
        "trend": 97.948189,
        "fair_value": 76.897818,
        "relative_strength": 14.702778,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.651061,
        "energy": 22.377055,
        "activity_lines": [
          101.021269,
          101.585242,
          101.085888,
          100.006184
        ]
      },
      {
        "date": "2026-07-24",
        "close": 103.632736,
        "volume": 6850,
        "typical_volume": 7911.7,
        "trend": 98.429834,
        "fair_value": 77.207599,
        "relative_strength": 14.482182,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.501261,
        "energy": 34.34995,
        "activity_lines": [
          101.951422,
          101.897102,
          101.424927,
          100.372929
        ]
      },
      {
        "date": "2026-07-31",
        "close": 104.18,
        "volume": 8600,
        "typical_volume": 7630.1,
        "trend": 98.937637,
        "fair_value": 77.53265,
        "relative_strength": 10.724553,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 64.043477,
        "energy": 43.03356,
        "activity_lines": [
          102.94616,
          102.254233,
          101.781768,
          100.743907
        ]
      },
      {
        "date": "2026-08-07",
        "close": 103.75,
        "volume": 6150,
        "typical_volume": 7230.1,
        "trend": 99.41,
        "fair_value": 77.856499,
        "relative_strength": 10.895479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.970098,
        "energy": 52.988661,
        "activity_lines": [
          103.436331,
          102.511727,
          102.060919,
          101.054382
        ]
      }
    ],
    "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."
    }
  }
}