{
  "ticker": {
    "uuid": "b306392e-73c3-4db8-aab1-a2f27f3f43e2",
    "symbol": "STRA",
    "name": "Strategic Education Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 59.887,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 29.951,
    "architecture_energy": 15.747,
    "architecture_maturity": 55.214,
    "architecture_confidence": 56.715,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 56.67,
        "rotation_up": 43.95,
        "upward_expansion": 47.36,
        "deceleration": 34.73,
        "rotation_down": 30.59,
        "downward_expansion": 12.69
      },
      "activity_lines": [
        81.104,
        80.28,
        79.502153,
        79.482036
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 84.88,
    "trend_reference": 79.686138,
    "distance_from_trend": 0.065179,
    "trend_direction": "Improving",
    "fair_value": 85.332079,
    "distance_from_fair_value": -0.005298,
    "fair_value_direction": "Improving",
    "relative_strength": -6.718641,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.058914,
    "excess_performance": -0.12854,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.065179,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.006286,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.005298,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.051221,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.067186,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.107648,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.058914,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.28851,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1547703,
      "relative_activity": 1.091401,
      "balance": 1.28851,
      "dry_up": 1.202831,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.073542,
      "annualized_volatility": 0.357714,
      "from_high_reference": -0.054051,
      "from_low_reference": 0.227098
    },
    "levels": {
      "trend_reference": 79.686138,
      "fair_value_reference": 85.332079,
      "structural_low": 69.171302,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": 0.001424,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.006316,
        "regime_survival": 0.636364,
        "best_return": 0.177096,
        "worst_return": -0.087205,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.035755,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.005801,
        "regime_survival": 0.3,
        "best_return": 0.24166,
        "worst_return": -0.295017,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.013768,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.11298,
        "regime_survival": 0.571429,
        "best_return": 0.343027,
        "worst_return": -0.229882,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.062587,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.012399,
        "regime_survival": 0.5,
        "best_return": 0.23426,
        "worst_return": -0.157379,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-17",
        "end": "2024-06-14",
        "tenure": "Extended",
        "return": 0.230613,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": 0.114267,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.020983,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2024-12-06",
        "tenure": "Established",
        "return": 0.048897,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-12-13",
        "end": "2024-12-20",
        "tenure": "New",
        "return": -0.063731,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-27",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.103114,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-28",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.000596,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.069321,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.129563,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-25",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": 0.064111,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2026-01-23",
        "tenure": "Established",
        "return": 0.052024,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.116326,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.131808,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 68.987693,
        "volume": 613924,
        "typical_volume": 679423.05,
        "trend": 74.827946,
        "fair_value": 67.292466,
        "relative_strength": -17.111681,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.794803,
        "energy": 32.559991,
        "activity_lines": [
          68.514013,
          66.583604,
          68.214179,
          71.018134
        ]
      },
      {
        "date": "2023-08-25",
        "close": 72.102552,
        "volume": 641094,
        "typical_volume": 695608.9,
        "trend": 74.422107,
        "fair_value": 67.198826,
        "relative_strength": -14.77111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.769357,
        "energy": 23.972377,
        "activity_lines": [
          69.938124,
          67.731528,
          68.284571,
          70.842302
        ]
      },
      {
        "date": "2023-09-01",
        "close": 73.245841,
        "volume": 577868,
        "typical_volume": 698584.0,
        "trend": 73.903335,
        "fair_value": 67.156513,
        "relative_strength": -16.541505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 5.898481,
        "energy": 20.843905,
        "activity_lines": [
          71.16398,
          69.032532,
          68.51398,
          70.766414
        ]
      },
      {
        "date": "2023-09-08",
        "close": 71.100565,
        "volume": 426989,
        "typical_volume": 698359.05,
        "trend": 73.458345,
        "fair_value": 67.134754,
        "relative_strength": -17.899824,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.378499,
        "energy": 21.168072,
        "activity_lines": [
          71.402541,
          69.784632,
          68.598874,
          70.58559
        ]
      },
      {
        "date": "2023-09-15",
        "close": 70.924114,
        "volume": 1150633,
        "typical_volume": 727729.05,
        "trend": 72.972059,
        "fair_value": 67.096869,
        "relative_strength": -17.657457,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.012882,
        "energy": 20.450917,
        "activity_lines": [
          71.463543,
          70.348611,
          68.733058,
          70.422092
        ]
      },
      {
        "date": "2023-09-22",
        "close": 70.27403,
        "volume": 377499,
        "typical_volume": 706480.75,
        "trend": 72.642993,
        "fair_value": 67.035075,
        "relative_strength": -15.532598,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.533281,
        "energy": 16.402096,
        "activity_lines": [
          71.130836,
          70.598332,
          68.850837,
          70.248025
        ]
      },
      {
        "date": "2023-09-29",
        "close": 69.88398,
        "volume": 520384,
        "typical_volume": 688177.15,
        "trend": 72.412011,
        "fair_value": 66.991601,
        "relative_strength": -15.992258,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.628999,
        "energy": 12.619648,
        "activity_lines": [
          70.582356,
          70.635452,
          68.954421,
          70.070024
        ]
      },
      {
        "date": "2023-10-06",
        "close": 72.855791,
        "volume": 571362,
        "typical_volume": 680368.9,
        "trend": 72.242289,
        "fair_value": 66.938481,
        "relative_strength": -13.91435,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.131166,
        "energy": 9.846873,
        "activity_lines": [
          71.172384,
          71.095234,
          69.358049,
          70.098655
        ]
      },
      {
        "date": "2023-10-13",
        "close": 74.75032,
        "volume": 566270,
        "typical_volume": 680692.05,
        "trend": 72.152484,
        "fair_value": 66.895887,
        "relative_strength": -11.712795,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.346784,
        "energy": 24.519992,
        "activity_lines": [
          72.419925,
          71.83233,
          69.934954,
          70.260464
        ]
      },
      {
        "date": "2023-10-20",
        "close": 74.852476,
        "volume": 781679,
        "typical_volume": 687419.6,
        "trend": 71.980422,
        "fair_value": 66.857023,
        "relative_strength": -8.922559,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.901924,
        "energy": 36.347659,
        "activity_lines": [
          73.458202,
          72.489257,
          70.514027,
          70.434657
        ]
      },
      {
        "date": "2023-10-27",
        "close": 74.50886,
        "volume": 397668,
        "typical_volume": 676242.45,
        "trend": 71.72557,
        "fair_value": 66.886617,
        "relative_strength": -6.825885,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 35.686288,
        "energy": 53.763825,
        "activity_lines": [
          74.120048,
          72.964007,
          71.048114,
          70.597782
        ]
      },
      {
        "date": "2023-11-03",
        "close": 80.851818,
        "volume": 715531,
        "typical_volume": 666343.5,
        "trend": 71.666298,
        "fair_value": 66.932652,
        "relative_strength": -4.749048,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.286684,
        "energy": 70.97908,
        "activity_lines": [
          76.613893,
          74.491637,
          72.165486,
          71.186572
        ]
      },
      {
        "date": "2023-11-10",
        "close": 81.381172,
        "volume": 564963,
        "typical_volume": 654762.2,
        "trend": 71.518887,
        "fair_value": 66.980085,
        "relative_strength": -6.583618,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.0532,
        "energy": 85.129654,
        "activity_lines": [
          78.552999,
          75.956436,
          73.277259,
          71.813338
        ]
      },
      {
        "date": "2023-11-17",
        "close": 83.062102,
        "volume": 463205,
        "typical_volume": 633774.5,
        "trend": 71.454944,
        "fair_value": 67.031821,
        "relative_strength": -6.236823,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.178719,
        "energy": 89.875729,
        "activity_lines": [
          80.484057,
          77.578943,
          74.468777,
          72.558062
        ]
      },
      {
        "date": "2023-11-24",
        "close": 84.380843,
        "volume": 218081,
        "typical_volume": 618355.0,
        "trend": 71.584946,
        "fair_value": 67.066873,
        "relative_strength": -5.276666,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.90462,
        "energy": 92.261081,
        "activity_lines": [
          82.300576,
          79.223739,
          75.688063,
          73.391991
        ]
      },
      {
        "date": "2023-12-01",
        "close": 83.997549,
        "volume": 403849,
        "typical_volume": 598150.9,
        "trend": 71.88173,
        "fair_value": 67.09936,
        "relative_strength": -5.507702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.099895,
        "energy": 88.506374,
        "activity_lines": [
          83.354106,
          80.554177,
          76.755415,
          74.192804
        ]
      },
      {
        "date": "2023-12-08",
        "close": 85.128735,
        "volume": 369875,
        "typical_volume": 584971.45,
        "trend": 72.270787,
        "fair_value": 67.130521,
        "relative_strength": -4.455875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.621779,
        "energy": 88.685604,
        "activity_lines": [
          84.152118,
          81.840767,
          77.828041,
          75.047449
        ]
      },
      {
        "date": "2023-12-15",
        "close": 85.325056,
        "volume": 805488,
        "typical_volume": 573956.25,
        "trend": 72.736505,
        "fair_value": 67.14774,
        "relative_strength": -6.903726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.541097,
        "energy": 81.390676,
        "activity_lines": [
          84.730444,
          82.885874,
          78.815954,
          75.88966
        ]
      },
      {
        "date": "2023-12-22",
        "close": 87.671565,
        "volume": 378333,
        "typical_volume": 555382.0,
        "trend": 73.220146,
        "fair_value": 67.182661,
        "relative_strength": -4.728428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.68414,
        "energy": 69.951575,
        "activity_lines": [
          85.828013,
          84.130905,
          79.95038,
          76.853212
        ]
      },
      {
        "date": "2023-12-29",
        "close": 86.353407,
        "volume": 249560,
        "typical_volume": 539712.75,
        "trend": 73.689338,
        "fair_value": 67.218686,
        "relative_strength": -6.005603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.821461,
        "energy": 64.99413,
        "activity_lines": [
          86.178899,
          84.90134,
          80.871876,
          77.700519
        ]
      },
      {
        "date": "2024-01-05",
        "close": 84.268659,
        "volume": 346177,
        "typical_volume": 526325.4,
        "trend": 74.160305,
        "fair_value": 67.266211,
        "relative_strength": -4.690864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.111342,
        "energy": 59.236193,
        "activity_lines": [
          85.703364,
          85.083621,
          81.508708,
          78.383056
        ]
      },
      {
        "date": "2024-01-12",
        "close": 86.05425,
        "volume": 434191,
        "typical_volume": 515980.25,
        "trend": 74.725811,
        "fair_value": 67.312697,
        "relative_strength": -5.045355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.075361,
        "energy": 57.29578,
        "activity_lines": [
          85.804953,
          85.413105,
          82.242829,
          79.150408
        ]
      },
      {
        "date": "2024-01-19",
        "close": 88.438154,
        "volume": 254604,
        "typical_volume": 499817.05,
        "trend": 75.523452,
        "fair_value": 67.397264,
        "relative_strength": -4.45933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.228668,
        "energy": 60.789843,
        "activity_lines": [
          86.639475,
          86.081436,
          83.137553,
          80.035075
        ]
      },
      {
        "date": "2024-01-26",
        "close": 89.662826,
        "volume": 374121,
        "typical_volume": 497173.65,
        "trend": 76.428267,
        "fair_value": 67.492288,
        "relative_strength": -3.102599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.712864,
        "energy": 62.454172,
        "activity_lines": [
          87.674681,
          86.844125,
          84.076568,
          80.947293
        ]
      },
      {
        "date": "2024-02-02",
        "close": 89.821753,
        "volume": 297110,
        "typical_volume": 454497.5,
        "trend": 77.417634,
        "fair_value": 67.577256,
        "relative_strength": -3.403925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.559504,
        "energy": 77.683338,
        "activity_lines": [
          88.630113,
          87.515698,
          84.942326,
          81.811388
        ]
      },
      {
        "date": "2024-02-09",
        "close": 92.037381,
        "volume": 312395,
        "typical_volume": 451242.3,
        "trend": 78.40283,
        "fair_value": 67.654712,
        "relative_strength": -2.20742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.494037,
        "energy": 84.856735,
        "activity_lines": [
          90.092864,
          88.491186,
          85.929109,
          82.754598
        ]
      },
      {
        "date": "2024-02-16",
        "close": 89.139302,
        "volume": 429716,
        "typical_volume": 446708.9,
        "trend": 79.260397,
        "fair_value": 67.714621,
        "relative_strength": -3.179295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.803116,
        "energy": 63.824086,
        "activity_lines": [
          90.071673,
          88.793572,
          86.536248,
          83.447274
        ]
      },
      {
        "date": "2024-02-23",
        "close": 89.111256,
        "volume": 205155,
        "typical_volume": 428398.55,
        "trend": 79.925346,
        "fair_value": 67.792266,
        "relative_strength": -3.959754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.867464,
        "energy": 55.688615,
        "activity_lines": [
          89.835464,
          89.01794,
          87.049025,
          84.082813
        ]
      },
      {
        "date": "2024-03-01",
        "close": 101.572996,
        "volume": 545871,
        "typical_volume": 427378.6,
        "trend": 81.000464,
        "fair_value": 68.002561,
        "relative_strength": 7.595365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.184002,
        "energy": 69.229415,
        "activity_lines": [
          93.708295,
          91.439238,
          88.671227,
          85.479435
        ]
      },
      {
        "date": "2024-03-08",
        "close": 97.571777,
        "volume": 465360,
        "typical_volume": 411562.65,
        "trend": 81.977227,
        "fair_value": 68.142142,
        "relative_strength": 5.384289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.949083,
        "energy": 63.817367,
        "activity_lines": [
          95.453375,
          92.880289,
          89.784634,
          86.548552
        ]
      },
      {
        "date": "2024-03-15",
        "close": 95.145882,
        "volume": 694742,
        "typical_volume": 426416.35,
        "trend": 82.849167,
        "fair_value": 68.273391,
        "relative_strength": 4.315327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.032333,
        "energy": 59.232241,
        "activity_lines": [
          95.873155,
          93.676297,
          90.558816,
          87.398143
        ]
      },
      {
        "date": "2024-03-22",
        "close": 97.47775,
        "volume": 546062,
        "typical_volume": 417942.9,
        "trend": 83.695007,
        "fair_value": 68.389015,
        "relative_strength": 4.140154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.741847,
        "energy": 65.853979,
        "activity_lines": [
          96.86299,
          94.698514,
          91.456809,
          88.341923
        ]
      },
      {
        "date": "2024-03-29",
        "close": 97.900871,
        "volume": 368876,
        "typical_volume": 408138.55,
        "trend": 84.516841,
        "fair_value": 68.508555,
        "relative_strength": 5.510459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.954981,
        "energy": 58.088983,
        "activity_lines": [
          97.43797,
          95.589962,
          92.315928,
          89.25843
        ]
      },
      {
        "date": "2024-04-05",
        "close": 97.299099,
        "volume": 519874,
        "typical_volume": 410972.0,
        "trend": 85.390126,
        "fair_value": 68.637309,
        "relative_strength": 6.101428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.598403,
        "energy": 52.724152,
        "activity_lines": [
          97.226385,
          96.199947,
          93.03907,
          90.083092
        ]
      },
      {
        "date": "2024-04-12",
        "close": 92.569543,
        "volume": 421362,
        "typical_volume": 421136.05,
        "trend": 86.11164,
        "fair_value": 68.742526,
        "relative_strength": 2.015335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.881147,
        "energy": 38.497217,
        "activity_lines": [
          95.723207,
          95.811172,
          93.243983,
          90.54628
        ]
      },
      {
        "date": "2024-04-19",
        "close": 92.249851,
        "volume": 510294,
        "typical_volume": 426458.3,
        "trend": 86.844167,
        "fair_value": 68.866642,
        "relative_strength": 7.932519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.528103,
        "energy": 26.44014,
        "activity_lines": [
          94.446948,
          95.314311,
          93.379455,
          90.942293
        ]
      },
      {
        "date": "2024-04-26",
        "close": 113.829039,
        "volume": 1155782,
        "typical_volume": 465753.65,
        "trend": 88.309003,
        "fair_value": 69.1858,
        "relative_strength": 27.97358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.142878,
        "energy": 54.96666,
        "activity_lines": [
          100.55682,
          98.737076,
          95.530792,
          92.683253
        ]
      },
      {
        "date": "2024-05-03",
        "close": 113.443528,
        "volume": 1127494,
        "typical_volume": 481853.95,
        "trend": 89.661927,
        "fair_value": 69.490182,
        "relative_strength": 25.918521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.852439,
        "energy": 68.906826,
        "activity_lines": [
          105.448102,
          101.640843,
          97.508745,
          94.304835
        ]
      },
      {
        "date": "2024-05-10",
        "close": 113.537555,
        "volume": 590993,
        "typical_volume": 492486.95,
        "trend": 90.954835,
        "fair_value": 69.798995,
        "relative_strength": 23.809499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.781913,
        "energy": 88.129593,
        "activity_lines": [
          109.33455,
          104.119302,
          99.361755,
          95.845198
        ]
      },
      {
        "date": "2024-05-17",
        "close": 111.976707,
        "volume": 668111,
        "typical_volume": 513414.5,
        "trend": 92.19231,
        "fair_value": 70.11153,
        "relative_strength": 19.105614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.666169,
        "energy": 87.272707,
        "activity_lines": [
          111.618151,
          106.096432,
          100.942942,
          97.201448
        ]
      },
      {
        "date": "2024-05-24",
        "close": 108.502482,
        "volume": 682029,
        "typical_volume": 530207.1,
        "trend": 93.32543,
        "fair_value": 70.416512,
        "relative_strength": 13.582211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.234841,
        "energy": 80.955197,
        "activity_lines": [
          111.449867,
          107.179978,
          102.071235,
          98.253717
        ]
      },
      {
        "date": "2024-05-31",
        "close": 107.198184,
        "volume": 631901,
        "typical_volume": 540092.6,
        "trend": 94.203642,
        "fair_value": 70.701611,
        "relative_strength": 13.676918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.019623,
        "energy": 64.531048,
        "activity_lines": [
          109.763307,
          107.783531,
          102.95991,
          99.148734
        ]
      },
      {
        "date": "2024-06-07",
        "close": 104.636845,
        "volume": 747648,
        "typical_volume": 564744.8,
        "trend": 94.978832,
        "fair_value": 70.9344,
        "relative_strength": 7.758871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.04497,
        "energy": 41.33787,
        "activity_lines": [
          107.665025,
          107.74465,
          103.503962,
          99.821843
        ]
      },
      {
        "date": "2024-06-14",
        "close": 102.217278,
        "volume": 1017440,
        "typical_volume": 596910.75,
        "trend": 95.617337,
        "fair_value": 71.157358,
        "relative_strength": 1.475819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.23154,
        "energy": 25.082868,
        "activity_lines": [
          105.347333,
          107.143377,
          103.740443,
          100.28884
        ]
      },
      {
        "date": "2024-06-21",
        "close": 102.151118,
        "volume": 478568,
        "typical_volume": 605983.65,
        "trend": 96.20968,
        "fair_value": 71.376585,
        "relative_strength": 0.888555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.472832,
        "energy": 25.55798,
        "activity_lines": [
          103.762272,
          106.440653,
          103.910839,
          100.710374
        ]
      },
      {
        "date": "2024-06-28",
        "close": 104.589588,
        "volume": 865102,
        "typical_volume": 633619.0,
        "trend": 96.896081,
        "fair_value": 71.627209,
        "relative_strength": 2.912672,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.174377,
        "energy": 23.0602,
        "activity_lines": [
          103.645075,
          106.007076,
          104.25476,
          101.251013
        ]
      },
      {
        "date": "2024-07-05",
        "close": 103.304193,
        "volume": 404684,
        "typical_volume": 632367.4,
        "trend": 97.50193,
        "fair_value": 71.887181,
        "relative_strength": -2.22508,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.029709,
        "energy": 19.986935,
        "activity_lines": [
          103.360271,
          105.115433,
          104.416489,
          101.66444
        ]
      },
      {
        "date": "2024-07-12",
        "close": 105.147223,
        "volume": 591018,
        "typical_volume": 651660.55,
        "trend": 98.162669,
        "fair_value": 72.171482,
        "relative_strength": -0.628758,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.128168,
        "energy": 16.31466,
        "activity_lines": [
          103.949411,
          104.750246,
          104.686294,
          102.157685
        ]
      },
      {
        "date": "2024-07-19",
        "close": 111.404073,
        "volume": 831783,
        "typical_volume": 665956.15,
        "trend": 98.953752,
        "fair_value": 72.495229,
        "relative_strength": 8.990558,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.441497,
        "energy": 34.948116,
        "activity_lines": [
          106.590142,
          105.673511,
          105.475627,
          103.011969
        ]
      },
      {
        "date": "2024-07-26",
        "close": 113.823641,
        "volume": 492834,
        "typical_volume": 667329.85,
        "trend": 99.869427,
        "fair_value": 72.787735,
        "relative_strength": 13.656019,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.805024,
        "energy": 64.837423,
        "activity_lines": [
          109.424943,
          107.075488,
          106.44858,
          103.971317
        ]
      },
      {
        "date": "2024-08-02",
        "close": 89.637417,
        "volume": 1033332,
        "typical_volume": 684259.35,
        "trend": 100.048385,
        "fair_value": 72.942568,
        "relative_strength": -7.757899,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -8.091204,
        "energy": 6.743254,
        "activity_lines": [
          103.4195,
          104.046388,
          105.040694,
          103.311187
        ]
      },
      {
        "date": "2024-08-09",
        "close": 89.448388,
        "volume": 665489,
        "typical_volume": 690230.7,
        "trend": 100.161523,
        "fair_value": 73.095527,
        "relative_strength": -8.380371,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.447055,
        "energy": 44.867128,
        "activity_lines": [
          98.34786,
          101.325921,
          103.641036,
          102.627316
        ]
      },
      {
        "date": "2024-08-16",
        "close": 90.506949,
        "volume": 446400,
        "typical_volume": 694106.9,
        "trend": 100.230483,
        "fair_value": 73.255383,
        "relative_strength": -12.074017,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.676889,
        "energy": 60.172214,
        "activity_lines": [
          94.552794,
          99.120644,
          102.380428,
          102.00444
        ]
      },
      {
        "date": "2024-08-23",
        "close": 92.047533,
        "volume": 585615,
        "typical_volume": 697393.95,
        "trend": 100.309973,
        "fair_value": 73.42142,
        "relative_strength": -11.442952,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.919096,
        "energy": 61.876411,
        "activity_lines": [
          92.247273,
          97.452379,
          101.301752,
          101.476508
        ]
      },
      {
        "date": "2024-08-30",
        "close": 91.206355,
        "volume": 941954,
        "typical_volume": 723423.55,
        "trend": 100.356127,
        "fair_value": 73.576889,
        "relative_strength": -11.535011,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.163455,
        "energy": 68.547626,
        "activity_lines": [
          90.951796,
          95.816078,
          100.16797,
          100.889178
        ]
      },
      {
        "date": "2024-09-06",
        "close": 87.756581,
        "volume": 452347,
        "typical_volume": 720526.2,
        "trend": 100.213433,
        "fair_value": 73.720244,
        "relative_strength": -9.676579,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.017178,
        "energy": 79.601903,
        "activity_lines": [
          90.014214,
          93.751541,
          98.712131,
          100.076304
        ]
      },
      {
        "date": "2024-09-13",
        "close": 89.545008,
        "volume": 721932,
        "typical_volume": 698833.7,
        "trend": 100.226957,
        "fair_value": 73.900399,
        "relative_strength": -12.970522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.409122,
        "energy": 68.355411,
        "activity_lines": [
          89.798163,
          92.318227,
          97.448014,
          99.388018
        ]
      },
      {
        "date": "2024-09-20",
        "close": 88.688846,
        "volume": 1341009,
        "typical_volume": 709509.45,
        "trend": 100.212877,
        "fair_value": 74.069564,
        "relative_strength": -14.968602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.2602,
        "energy": 56.599102,
        "activity_lines": [
          89.290283,
          90.979414,
          96.217996,
          98.643624
        ]
      },
      {
        "date": "2024-09-27",
        "close": 88.203688,
        "volume": 778549,
        "typical_volume": 718887.25,
        "trend": 99.767233,
        "fair_value": 74.235231,
        "relative_strength": -16.186787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.701751,
        "energy": 53.242374,
        "activity_lines": [
          88.741891,
          89.851634,
          95.059652,
          97.868838
        ]
      },
      {
        "date": "2024-10-04",
        "close": 84.408037,
        "volume": 778985,
        "typical_volume": 724430.95,
        "trend": 99.328442,
        "fair_value": 74.377345,
        "relative_strength": -19.687813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.997913,
        "energy": 56.49557,
        "activity_lines": [
          87.184538,
          88.45556,
          93.660456,
          96.877922
        ]
      },
      {
        "date": "2024-10-11",
        "close": 83.218924,
        "volume": 723827,
        "typical_volume": 726520.85,
        "trend": 98.930876,
        "fair_value": 74.514947,
        "relative_strength": -21.527173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.136687,
        "energy": 63.830485,
        "activity_lines": [
          85.684035,
          87.378114,
          92.279289,
          95.838598
        ]
      },
      {
        "date": "2024-10-18",
        "close": 83.846775,
        "volume": 535286,
        "typical_volume": 721690.1,
        "trend": 98.476511,
        "fair_value": 74.657463,
        "relative_strength": -20.808202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.875458,
        "energy": 70.760626,
        "activity_lines": [
          84.695327,
          86.531522,
          91.078316,
          94.86543
        ]
      },
      {
        "date": "2024-10-25",
        "close": 81.668319,
        "volume": 412068,
        "typical_volume": 704911.1,
        "trend": 97.935426,
        "fair_value": 74.802016,
        "relative_strength": -22.634191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.179365,
        "energy": 77.110814,
        "activity_lines": [
          83.360349,
          85.390694,
          89.781068,
          93.781031
        ]
      },
      {
        "date": "2024-11-01",
        "close": 82.410326,
        "volume": 464631,
        "typical_volume": 677270.65,
        "trend": 97.439133,
        "fair_value": 74.973381,
        "relative_strength": -20.291311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.701554,
        "energy": 86.800988,
        "activity_lines": [
          82.740741,
          84.54548,
          88.663861,
          92.779412
        ]
      },
      {
        "date": "2024-11-08",
        "close": 95.043469,
        "volume": 1321430,
        "typical_volume": 719413.75,
        "trend": 97.521597,
        "fair_value": 75.242062,
        "relative_strength": -12.596951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.037578,
        "energy": 36.133528,
        "activity_lines": [
          86.718405,
          86.172422,
          88.84413,
          92.624853
        ]
      },
      {
        "date": "2024-11-15",
        "close": 90.905354,
        "volume": 837315,
        "typical_volume": 718024.4,
        "trend": 97.476781,
        "fair_value": 75.504496,
        "relative_strength": -13.179483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.425827,
        "energy": 25.398011,
        "activity_lines": [
          88.607669,
          86.977214,
          88.664138,
          92.197998
        ]
      },
      {
        "date": "2024-11-22",
        "close": 94.55831,
        "volume": 662820,
        "typical_volume": 730931.2,
        "trend": 96.834423,
        "fair_value": 75.786401,
        "relative_strength": -11.084184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.822744,
        "energy": 23.178885,
        "activity_lines": [
          91.202156,
          88.38893,
          88.89721,
          92.00971
        ]
      },
      {
        "date": "2024-11-29",
        "close": 93.997049,
        "volume": 668277,
        "typical_volume": 734794.15,
        "trend": 96.186207,
        "fair_value": 76.086377,
        "relative_strength": -12.035523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.88145,
        "energy": 26.016324,
        "activity_lines": [
          92.895454,
          89.607447,
          89.118476,
          91.826653
        ]
      },
      {
        "date": "2024-12-06",
        "close": 93.923507,
        "volume": 567642,
        "typical_volume": 721587.1,
        "trend": 95.532406,
        "fair_value": 76.377742,
        "relative_strength": -14.584416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.777909,
        "energy": 24.442397,
        "activity_lines": [
          93.742323,
          90.71608,
          89.385833,
          91.680673
        ]
      },
      {
        "date": "2024-12-13",
        "close": 94.756128,
        "volume": 505212,
        "typical_volume": 722206.0,
        "trend": 94.958386,
        "fair_value": 76.657884,
        "relative_strength": -14.221752,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 8.064155,
        "energy": 27.355292,
        "activity_lines": [
          94.099186,
          91.872102,
          89.815729,
          91.63059
        ]
      },
      {
        "date": "2024-12-20",
        "close": 88.717231,
        "volume": 1096745,
        "typical_volume": 725376.65,
        "trend": 94.298878,
        "fair_value": 76.897856,
        "relative_strength": -17.510139,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -10.1431,
        "energy": 15.384461,
        "activity_lines": [
          92.46224,
          91.741996,
          89.761289,
          91.227935
        ]
      },
      {
        "date": "2024-12-27",
        "close": 88.822505,
        "volume": 279912,
        "typical_volume": 706097.8,
        "trend": 93.686355,
        "fair_value": 77.142544,
        "relative_strength": -17.838693,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -25.473435,
        "energy": 12.663736,
        "activity_lines": [
          91.00626,
          91.531061,
          89.721257,
          90.874621
        ]
      },
      {
        "date": "2025-01-03",
        "close": 88.583246,
        "volume": 315370,
        "typical_volume": 699546.3,
        "trend": 93.151235,
        "fair_value": 77.381376,
        "relative_strength": -17.10103,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.026697,
        "energy": 21.354794,
        "activity_lines": [
          89.852914,
          91.186156,
          89.661419,
          90.545388
        ]
      },
      {
        "date": "2025-01-10",
        "close": 87.568788,
        "volume": 394332,
        "typical_volume": 689982.15,
        "trend": 92.662952,
        "fair_value": 77.617017,
        "relative_strength": -15.90628,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.9906,
        "energy": 30.076589,
        "activity_lines": [
          88.722335,
          90.531079,
          89.514127,
          90.18523
        ]
      },
      {
        "date": "2025-01-17",
        "close": 92.813345,
        "volume": 588076,
        "typical_volume": 672288.25,
        "trend": 92.351693,
        "fair_value": 77.903623,
        "relative_strength": -13.084119,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.721932,
        "energy": 16.170285,
        "activity_lines": [
          89.76359,
          90.735768,
          89.887643,
          90.194933
        ]
      },
      {
        "date": "2025-01-24",
        "close": 92.296546,
        "volume": 332988,
        "typical_volume": 666320.3,
        "trend": 91.941925,
        "fair_value": 78.158006,
        "relative_strength": -14.546133,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -12.654204,
        "energy": 7.242602,
        "activity_lines": [
          90.762098,
          90.88704,
          90.204288,
          90.191375
        ]
      },
      {
        "date": "2025-01-31",
        "close": 94.00964,
        "volume": 414872,
        "typical_volume": 650967.3,
        "trend": 91.632107,
        "fair_value": 78.426066,
        "relative_strength": -11.481266,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.396568,
        "energy": 17.63867,
        "activity_lines": [
          92.093016,
          91.32449,
          90.662466,
          90.324776
        ]
      },
      {
        "date": "2025-02-07",
        "close": 95.282498,
        "volume": 470812,
        "typical_volume": 607457.45,
        "trend": 91.303283,
        "fair_value": 78.732766,
        "relative_strength": -10.139085,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 35.147704,
        "energy": 43.899149,
        "activity_lines": [
          93.502411,
          92.003345,
          91.220609,
          90.560285
        ]
      },
      {
        "date": "2025-02-14",
        "close": 97.981339,
        "volume": 388543,
        "typical_volume": 587957.15,
        "trend": 90.855858,
        "fair_value": 79.070351,
        "relative_strength": -9.985442,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 73.144725,
        "energy": 70.557354,
        "activity_lines": [
          95.364803,
          93.149526,
          92.004386,
          90.991127
        ]
      },
      {
        "date": "2025-02-21",
        "close": 97.349696,
        "volume": 435806,
        "typical_volume": 570798.2,
        "trend": 90.306727,
        "fair_value": 79.353422,
        "relative_strength": -8.33794,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.693757,
        "energy": 73.164698,
        "activity_lines": [
          96.322477,
          94.107084,
          92.681446,
          91.410085
        ]
      },
      {
        "date": "2025-02-28",
        "close": 77.070104,
        "volume": 908957,
        "typical_volume": 580054.7,
        "trend": 89.887816,
        "fair_value": 79.516936,
        "relative_strength": -24.315445,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -6.654941,
        "energy": 5.450289,
        "activity_lines": [
          90.217864,
          91.330288,
          91.365489,
          90.556109
        ]
      },
      {
        "date": "2025-03-07",
        "close": 79.749805,
        "volume": 959320,
        "typical_volume": 601256.4,
        "trend": 89.56453,
        "fair_value": 79.6919,
        "relative_strength": -18.59575,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.526332,
        "energy": 34.632402,
        "activity_lines": [
          86.02158,
          89.252476,
          90.334022,
          89.902044
        ]
      },
      {
        "date": "2025-03-14",
        "close": 77.024174,
        "volume": 991007,
        "typical_volume": 630203.35,
        "trend": 89.115104,
        "fair_value": 79.825515,
        "relative_strength": -18.920121,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.862455,
        "energy": 66.314451,
        "activity_lines": [
          81.867409,
          86.844053,
          89.06248,
          89.092988
        ]
      },
      {
        "date": "2025-03-21",
        "close": 79.405272,
        "volume": 1158813,
        "typical_volume": 664912.45,
        "trend": 88.693696,
        "fair_value": 79.951766,
        "relative_strength": -16.177285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.973092,
        "energy": 74.679734,
        "activity_lines": [
          79.724158,
          85.078721,
          88.039825,
          88.466548
        ]
      },
      {
        "date": "2025-03-28",
        "close": 82.576855,
        "volume": 665029,
        "typical_volume": 632092.4,
        "trend": 88.406045,
        "fair_value": 80.096532,
        "relative_strength": -10.347676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.713194,
        "energy": 76.773016,
        "activity_lines": [
          79.876507,
          84.038469,
          87.333535,
          88.071913
        ]
      },
      {
        "date": "2025-04-04",
        "close": 78.152062,
        "volume": 1292216,
        "typical_volume": 654837.45,
        "trend": 88.085895,
        "fair_value": 80.201705,
        "relative_strength": -5.51777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.085925,
        "energy": 73.757193,
        "activity_lines": [
          79.53878,
          82.379827,
          86.265201,
          87.410365
        ]
      },
      {
        "date": "2025-04-11",
        "close": 74.990119,
        "volume": 1388190,
        "typical_volume": 691105.95,
        "trend": 87.600732,
        "fair_value": 80.272374,
        "relative_strength": -15.275821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.742953,
        "energy": 65.51261,
        "activity_lines": [
          78.074942,
          80.403459,
          84.956459,
          86.565477
        ]
      },
      {
        "date": "2025-04-18",
        "close": 77.188055,
        "volume": 978746,
        "typical_volume": 706629.4,
        "trend": 87.217372,
        "fair_value": 80.371027,
        "relative_strength": -10.327143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.969395,
        "energy": 51.478756,
        "activity_lines": [
          77.661061,
          79.172525,
          83.950227,
          85.893691
        ]
      },
      {
        "date": "2025-04-25",
        "close": 78.017101,
        "volume": 1202592,
        "typical_volume": 738376.9,
        "trend": 86.877819,
        "fair_value": 80.504769,
        "relative_strength": -13.96369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.559803,
        "energy": 47.158293,
        "activity_lines": [
          77.512604,
          78.421316,
          83.102994,
          85.300125
        ]
      },
      {
        "date": "2025-05-02",
        "close": 81.612848,
        "volume": 1167238,
        "typical_volume": 771478.2,
        "trend": 86.784646,
        "fair_value": 80.667742,
        "relative_strength": -12.156444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.278879,
        "energy": 39.671787,
        "activity_lines": [
          78.655274,
          78.686866,
          82.673958,
          84.96045
        ]
      },
      {
        "date": "2025-05-09",
        "close": 86.047281,
        "volume": 1132890,
        "typical_volume": 773285.45,
        "trend": 86.878925,
        "fair_value": 80.86487,
        "relative_strength": -6.443425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.713893,
        "energy": 19.434299,
        "activity_lines": [
          81.340355,
          80.044801,
          82.729836,
          84.912878
        ]
      },
      {
        "date": "2025-05-16",
        "close": 87.040209,
        "volume": 1012309,
        "typical_volume": 809905.3,
        "trend": 86.985373,
        "fair_value": 81.059118,
        "relative_strength": -10.698755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.432062,
        "energy": 18.588395,
        "activity_lines": [
          83.830065,
          81.420047,
          82.892993,
          84.923283
        ]
      },
      {
        "date": "2025-05-23",
        "close": 84.909753,
        "volume": 653786,
        "typical_volume": 826826.1,
        "trend": 87.093421,
        "fair_value": 81.22017,
        "relative_strength": -10.123078,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.422439,
        "energy": 21.224597,
        "activity_lines": [
          84.806283,
          82.275384,
          82.861736,
          84.789372
        ]
      },
      {
        "date": "2025-05-30",
        "close": 88.549574,
        "volume": 589024,
        "typical_volume": 836560.7,
        "trend": 87.298062,
        "fair_value": 81.412911,
        "relative_strength": -7.392864,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.858236,
        "energy": 24.446274,
        "activity_lines": [
          86.480995,
          83.649133,
          83.194622,
          84.883318
        ]
      },
      {
        "date": "2025-06-06",
        "close": 86.783048,
        "volume": 656901,
        "typical_volume": 840001.95,
        "trend": 87.022715,
        "fair_value": 81.606405,
        "relative_strength": -10.497243,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.636665,
        "energy": 20.158398,
        "activity_lines": [
          86.8647,
          84.535435,
          83.354596,
          84.850091
        ]
      },
      {
        "date": "2025-06-13",
        "close": 81.483468,
        "volume": 916516,
        "typical_volume": 869178.35,
        "trend": 86.708652,
        "fair_value": 81.783326,
        "relative_strength": -14.954741,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.969169,
        "energy": 14.352806,
        "activity_lines": [
          85.137198,
          84.381701,
          83.038565,
          84.49272
        ]
      },
      {
        "date": "2025-06-20",
        "close": 83.66736,
        "volume": 744199,
        "typical_volume": 885644.7,
        "trend": 86.34562,
        "fair_value": 81.911632,
        "relative_strength": -12.140742,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.319802,
        "energy": 12.011313,
        "activity_lines": [
          84.441914,
          84.564467,
          82.982014,
          84.296508
        ]
      },
      {
        "date": "2025-06-27",
        "close": 83.366469,
        "volume": 1022346,
        "typical_volume": 913221.4,
        "trend": 85.991268,
        "fair_value": 82.047052,
        "relative_strength": -15.339377,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.237372,
        "energy": 15.501049,
        "activity_lines": [
          83.871191,
          84.534758,
          82.946056,
          84.104304
        ]
      },
      {
        "date": "2025-07-04",
        "close": 80.998158,
        "volume": 567156,
        "typical_volume": 922152.05,
        "trend": 85.560423,
        "fair_value": 82.180913,
        "relative_strength": -18.38989,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.154713,
        "energy": 25.571991,
        "activity_lines": [
          82.613915,
          83.962112,
          82.741287,
          83.782168
        ]
      },
      {
        "date": "2025-07-11",
        "close": 77.863059,
        "volume": 977765,
        "typical_volume": 949250.0,
        "trend": 84.99732,
        "fair_value": 82.288381,
        "relative_strength": -20.636757,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.54872,
        "energy": 38.882528,
        "activity_lines": [
          80.815035,
          82.765247,
          82.31881,
          83.285564
        ]
      },
      {
        "date": "2025-07-18",
        "close": 77.076857,
        "volume": 796532,
        "typical_volume": 943628.75,
        "trend": 84.609308,
        "fair_value": 82.383483,
        "relative_strength": -21.588195,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.931744,
        "energy": 60.065203,
        "activity_lines": [
          79.348753,
          81.493614,
          81.914249,
          82.774567
        ]
      },
      {
        "date": "2025-07-25",
        "close": 76.096532,
        "volume": 1049560,
        "typical_volume": 948140.75,
        "trend": 84.185109,
        "fair_value": 82.460167,
        "relative_strength": -22.321254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.313033,
        "energy": 71.64613,
        "activity_lines": [
          77.84947,
          80.206839,
          81.416293,
          82.225355
        ]
      },
      {
        "date": "2025-08-01",
        "close": 72.679953,
        "volume": 1275940,
        "typical_volume": 962387.4,
        "trend": 83.654999,
        "fair_value": 82.525997,
        "relative_strength": -23.543849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.542931,
        "energy": 79.843777,
        "activity_lines": [
          75.716049,
          78.497844,
          80.610344,
          81.483087
        ]
      },
      {
        "date": "2025-08-08",
        "close": 75.05797,
        "volume": 966065,
        "typical_volume": 952750.0,
        "trend": 83.237972,
        "fair_value": 82.609073,
        "relative_strength": -23.289231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.62875,
        "energy": 73.687882,
        "activity_lines": [
          75.087735,
          77.443575,
          80.05156,
          80.92844
        ]
      },
      {
        "date": "2025-08-15",
        "close": 76.038295,
        "volume": 636650,
        "typical_volume": 951331.05,
        "trend": 82.678803,
        "fair_value": 82.69002,
        "relative_strength": -22.136298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.223426,
        "energy": 66.823965,
        "activity_lines": [
          75.182209,
          76.812849,
          79.606842,
          80.463945
        ]
      },
      {
        "date": "2025-08-22",
        "close": 79.624732,
        "volume": 611359,
        "typical_volume": 917288.2,
        "trend": 82.25641,
        "fair_value": 82.812902,
        "relative_strength": -17.193408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.752549,
        "energy": 40.703206,
        "activity_lines": [
          76.593813,
          77.029562,
          79.534825,
          80.266908
        ]
      },
      {
        "date": "2025-08-29",
        "close": 78.959858,
        "volume": 649384,
        "typical_volume": 880347.9,
        "trend": 81.75475,
        "fair_value": 82.957413,
        "relative_strength": -17.145702,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.410434,
        "energy": 24.289499,
        "activity_lines": [
          77.613933,
          77.159183,
          79.392474,
          80.054227
        ]
      },
      {
        "date": "2025-09-05",
        "close": 80.134307,
        "volume": 619807,
        "typical_volume": 862400.95,
        "trend": 81.24981,
        "fair_value": 83.099052,
        "relative_strength": -16.184129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.206633,
        "energy": 19.899307,
        "activity_lines": [
          78.834648,
          77.587932,
          79.343072,
          79.949683
        ]
      },
      {
        "date": "2025-09-12",
        "close": 80.97515,
        "volume": 829745,
        "typical_volume": 843758.6,
        "trend": 80.682937,
        "fair_value": 83.250992,
        "relative_strength": -16.336642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.444217,
        "energy": 19.63933,
        "activity_lines": [
          79.838687,
          78.228328,
          79.359721,
          79.931962
        ]
      },
      {
        "date": "2025-09-19",
        "close": 80.183193,
        "volume": 1337996,
        "typical_volume": 852296.5,
        "trend": 80.110721,
        "fair_value": 83.405078,
        "relative_strength": -18.423285,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.855643,
        "energy": 12.804891,
        "activity_lines": [
          80.184262,
          78.72515,
          79.286859,
          79.899721
        ]
      },
      {
        "date": "2025-09-26",
        "close": 83.175031,
        "volume": 723282,
        "typical_volume": 831816.1,
        "trend": 80.314218,
        "fair_value": 83.583427,
        "relative_strength": -14.571097,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.729236,
        "energy": 23.490951,
        "activity_lines": [
          81.25079,
          79.723759,
          79.505742,
          80.097418
        ]
      },
      {
        "date": "2025-10-03",
        "close": 83.458571,
        "volume": 607064,
        "typical_volume": 811553.85,
        "trend": 80.437844,
        "fair_value": 83.76423,
        "relative_strength": -14.946405,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.082462,
        "energy": 31.461234,
        "activity_lines": [
          82.175144,
          80.663044,
          79.765306,
          80.30028
        ]
      },
      {
        "date": "2025-10-10",
        "close": 76.770935,
        "volume": 707706,
        "typical_volume": 814249.85,
        "trend": 80.429402,
        "fair_value": 83.893207,
        "relative_strength": -19.57216,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.946502,
        "energy": 9.736046,
        "activity_lines": [
          80.570373,
          80.25254,
          79.405007,
          80.063705
        ]
      },
      {
        "date": "2025-10-17",
        "close": 78.687275,
        "volume": 685389,
        "typical_volume": 819068.1,
        "trend": 80.405469,
        "fair_value": 84.025859,
        "relative_strength": -19.148379,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.531056,
        "energy": 13.077521,
        "activity_lines": [
          79.828606,
          80.11608,
          79.265974,
          79.95131
        ]
      },
      {
        "date": "2025-10-24",
        "close": 82.14842,
        "volume": 503530,
        "typical_volume": 811399.55,
        "trend": 80.391188,
        "fair_value": 84.148572,
        "relative_strength": -17.070443,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.382875,
        "energy": 3.896316,
        "activity_lines": [
          80.393079,
          80.542932,
          79.503537,
          80.063758
        ]
      },
      {
        "date": "2025-10-31",
        "close": 74.287514,
        "volume": 680147,
        "typical_volume": 799581.1,
        "trend": 80.26237,
        "fair_value": 84.189463,
        "relative_strength": -25.972977,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.352734,
        "energy": 32.602466,
        "activity_lines": [
          78.206234,
          79.429435,
          79.014511,
          79.669973
        ]
      },
      {
        "date": "2025-11-07",
        "close": 74.326623,
        "volume": 1023621,
        "typical_volume": 813552.2,
        "trend": 80.240253,
        "fair_value": 84.213213,
        "relative_strength": -22.992335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.06259,
        "energy": 51.13176,
        "activity_lines": [
          76.624928,
          78.420089,
          78.563477,
          79.287021
        ]
      },
      {
        "date": "2025-11-14",
        "close": 78.257076,
        "volume": 770134,
        "typical_volume": 800941.6,
        "trend": 80.275887,
        "fair_value": 84.253665,
        "relative_strength": -18.251611,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.719284,
        "energy": 42.721393,
        "activity_lines": [
          76.962569,
          78.209612,
          78.531251,
          79.159074
        ]
      },
      {
        "date": "2025-11-21",
        "close": 76.340736,
        "volume": 620209,
        "typical_volume": 803594.25,
        "trend": 80.220008,
        "fair_value": 84.273628,
        "relative_strength": -17.120261,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.320861,
        "energy": 47.058008,
        "activity_lines": [
          76.562353,
          77.684841,
          78.340848,
          78.905194
        ]
      },
      {
        "date": "2025-11-28",
        "close": 76.282072,
        "volume": 699310,
        "typical_volume": 789671.5,
        "trend": 80.042316,
        "fair_value": 84.290304,
        "relative_strength": -20.477005,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.561567,
        "energy": 38.308403,
        "activity_lines": [
          76.299019,
          77.233665,
          78.167035,
          78.651133
        ]
      },
      {
        "date": "2025-12-05",
        "close": 78.975357,
        "volume": 998037,
        "typical_volume": 799746.75,
        "trend": 79.806585,
        "fair_value": 84.334606,
        "relative_strength": -17.94858,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.141338,
        "energy": 19.741659,
        "activity_lines": [
          77.324537,
          77.343107,
          78.257254,
          78.582297
        ]
      },
      {
        "date": "2025-12-12",
        "close": 79.576342,
        "volume": 911786,
        "typical_volume": 792858.05,
        "trend": 79.55779,
        "fair_value": 84.378919,
        "relative_strength": -15.197674,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.36142,
        "energy": 10.60677,
        "activity_lines": [
          78.23786,
          77.638177,
          78.39567,
          78.567443
        ]
      },
      {
        "date": "2025-12-19",
        "close": 79.231514,
        "volume": 1188600,
        "typical_volume": 788491.05,
        "trend": 79.368515,
        "fair_value": 84.412697,
        "relative_strength": -15.572028,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.045367,
        "energy": 12.487658,
        "activity_lines": [
          78.686259,
          77.941137,
          78.484674,
          78.546393
        ]
      },
      {
        "date": "2025-12-26",
        "close": 79.950726,
        "volume": 546592,
        "typical_volume": 767517.4,
        "trend": 79.081887,
        "fair_value": 84.469305,
        "relative_strength": -15.391573,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.229789,
        "energy": 12.493684,
        "activity_lines": [
          79.309433,
          78.330125,
          78.610977,
          78.583955
        ]
      },
      {
        "date": "2026-01-02",
        "close": 77.418707,
        "volume": 454042,
        "typical_volume": 758387.0,
        "trend": 78.769742,
        "fair_value": 84.469809,
        "relative_strength": -16.148538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.293062,
        "energy": 8.005006,
        "activity_lines": [
          78.847935,
          78.235774,
          78.472836,
          78.476653
        ]
      },
      {
        "date": "2026-01-09",
        "close": 82.088657,
        "volume": 1871321,
        "typical_volume": 821385.1,
        "trend": 78.789915,
        "fair_value": 84.47388,
        "relative_strength": -12.535218,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.55331,
        "energy": 20.766019,
        "activity_lines": [
          79.867311,
          79.076499,
          78.772879,
          78.690776
        ]
      },
      {
        "date": "2026-01-16",
        "close": 82.67979,
        "volume": 625531,
        "typical_volume": 820192.45,
        "trend": 78.756996,
        "fair_value": 84.485582,
        "relative_strength": -10.61657,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.958992,
        "energy": 42.011475,
        "activity_lines": [
          80.876178,
          79.882864,
          79.117487,
          78.941736
        ]
      },
      {
        "date": "2026-01-23",
        "close": 84.354666,
        "volume": 486087,
        "typical_volume": 813506.45,
        "trend": 78.789936,
        "fair_value": 84.486075,
        "relative_strength": -8.551043,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 64.052335,
        "energy": 52.713674,
        "activity_lines": [
          82.23644,
          80.841877,
          79.603893,
          79.302876
        ]
      },
      {
        "date": "2026-01-30",
        "close": 83.763533,
        "volume": 776017,
        "typical_volume": 810820.05,
        "trend": 78.882115,
        "fair_value": 84.453732,
        "relative_strength": -8.519057,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.398399,
        "energy": 61.526484,
        "activity_lines": [
          83.058115,
          81.582545,
          80.013904,
          79.623753
        ]
      },
      {
        "date": "2026-02-06",
        "close": 80.157623,
        "volume": 1143403,
        "typical_volume": 801090.4,
        "trend": 78.958601,
        "fair_value": 84.426215,
        "relative_strength": -10.096033,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.121049,
        "energy": 48.594009,
        "activity_lines": [
          82.423632,
          81.532634,
          80.067217,
          79.706044
        ]
      },
      {
        "date": "2026-02-13",
        "close": 74.019693,
        "volume": 1116395,
        "typical_volume": 820746.05,
        "trend": 78.856695,
        "fair_value": 84.352542,
        "relative_strength": -15.245298,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 11.033458,
        "energy": 5.613085,
        "activity_lines": [
          79.560579,
          80.29627,
          79.536087,
          79.387405
        ]
      },
      {
        "date": "2026-02-20",
        "close": 74.995062,
        "volume": 1131122,
        "typical_volume": 846948.95,
        "trend": 78.819979,
        "fair_value": 84.319523,
        "relative_strength": -14.387779,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.13545,
        "energy": 17.488079,
        "activity_lines": [
          77.560579,
          79.32735,
          79.141446,
          79.138267
        ]
      },
      {
        "date": "2026-02-27",
        "close": 81.064026,
        "volume": 2011515,
        "typical_volume": 912139.4,
        "trend": 79.099448,
        "fair_value": 84.346771,
        "relative_strength": -6.992591,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.34026,
        "energy": 17.293354,
        "activity_lines": [
          78.095882,
          79.545173,
          79.365104,
          79.283045
        ]
      },
      {
        "date": "2026-03-06",
        "close": 81.241366,
        "volume": 2078749,
        "typical_volume": 981807.4,
        "trend": 79.305562,
        "fair_value": 84.367885,
        "relative_strength": -5.268003,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.466811,
        "energy": 14.286517,
        "activity_lines": [
          78.909675,
          79.761922,
          79.585208,
          79.421233
        ]
      },
      {
        "date": "2026-03-13",
        "close": 80.147408,
        "volume": 1711100,
        "typical_volume": 1042185.9,
        "trend": 79.442532,
        "fair_value": 84.385212,
        "relative_strength": -5.258141,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.13681,
        "energy": 11.512718,
        "activity_lines": [
          79.52696,
          79.756303,
          79.688964,
          79.475545
        ]
      },
      {
        "date": "2026-03-20",
        "close": 80.107712,
        "volume": 1809180,
        "typical_volume": 1098637.55,
        "trend": 79.458631,
        "fair_value": 84.38581,
        "relative_strength": -3.037242,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.983003,
        "energy": 17.987466,
        "activity_lines": [
          80.131694,
          79.693854,
          79.798468,
          79.51846
        ]
      },
      {
        "date": "2026-03-27",
        "close": 80.842099,
        "volume": 1568031,
        "typical_volume": 1125858.05,
        "trend": 79.521373,
        "fair_value": 84.377398,
        "relative_strength": 1.570726,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.00323,
        "energy": 19.24836,
        "activity_lines": [
          80.575355,
          79.800947,
          79.950198,
          79.607716
        ]
      },
      {
        "date": "2026-04-03",
        "close": 83.045259,
        "volume": 1021984,
        "typical_volume": 1138450.55,
        "trend": 79.618405,
        "fair_value": 84.38006,
        "relative_strength": 0.944817,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.349287,
        "energy": 32.461659,
        "activity_lines": [
          81.363601,
          80.342027,
          80.280726,
          79.835064
        ]
      },
      {
        "date": "2026-04-10",
        "close": 80.574147,
        "volume": 1360495,
        "typical_volume": 1175464.85,
        "trend": 79.605038,
        "fair_value": 84.346539,
        "relative_strength": -5.803061,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.997204,
        "energy": 30.754413,
        "activity_lines": [
          81.19606,
          80.457621,
          80.35311,
          79.896725
        ]
      },
      {
        "date": "2026-04-17",
        "close": 82.578824,
        "volume": 1110830,
        "typical_volume": 1196040.85,
        "trend": 79.684892,
        "fair_value": 84.331144,
        "relative_strength": -8.485035,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.111255,
        "energy": 33.795585,
        "activity_lines": [
          81.741226,
          80.995691,
          80.596256,
          80.088582
        ]
      },
      {
        "date": "2026-04-24",
        "close": 72.97225,
        "volume": 2136746,
        "typical_volume": 1252976.3,
        "trend": 79.344799,
        "fair_value": 84.283012,
        "relative_strength": -20.259059,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.898328,
        "energy": 10.04166,
        "activity_lines": [
          78.922107,
          79.743089,
          79.894506,
          79.655508
        ]
      },
      {
        "date": "2026-05-01",
        "close": 77.646523,
        "volume": 1668685,
        "typical_volume": 1290821.25,
        "trend": 79.151065,
        "fair_value": 84.299374,
        "relative_strength": -15.828527,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.746944,
        "energy": 10.024723,
        "activity_lines": [
          78.136776,
          79.3594,
          79.666511,
          79.545942
        ]
      },
      {
        "date": "2026-05-08",
        "close": 79.571808,
        "volume": 1468172,
        "typical_volume": 1304799.85,
        "trend": 79.244427,
        "fair_value": 84.338572,
        "relative_strength": -17.483483,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.543029,
        "energy": 10.300761,
        "activity_lines": [
          78.206245,
          79.277554,
          79.631066,
          79.573087
        ]
      },
      {
        "date": "2026-05-15",
        "close": 78.192351,
        "volume": 1365327,
        "typical_volume": 1345736.6,
        "trend": 79.227929,
        "fair_value": 84.38241,
        "relative_strength": -17.985289,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.85559,
        "energy": 17.851133,
        "activity_lines": [
          78.047459,
          78.972028,
          79.462624,
          79.505211
        ]
      },
      {
        "date": "2026-05-22",
        "close": 78.5,
        "volume": 1202821,
        "typical_volume": 1383175.55,
        "trend": 79.106315,
        "fair_value": 84.416626,
        "relative_strength": -17.970812,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.650544,
        "energy": 13.041477,
        "activity_lines": [
          78.150008,
          78.777876,
          79.331855,
          79.458247
        ]
      },
      {
        "date": "2026-05-29",
        "close": 76.75,
        "volume": 1026170,
        "typical_volume": 1340918.0,
        "trend": 79.188398,
        "fair_value": 84.445295,
        "relative_strength": -21.292381,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.153402,
        "energy": 13.923323,
        "activity_lines": [
          77.941146,
          78.295495,
          79.02927,
          79.306227
        ]
      },
      {
        "date": "2026-06-05",
        "close": 81.58,
        "volume": 1031480,
        "typical_volume": 1361215.45,
        "trend": 79.430178,
        "fair_value": 84.518631,
        "relative_strength": -11.768624,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.309507,
        "energy": 3.594125,
        "activity_lines": [
          79.090434,
          78.752344,
          79.212108,
          79.460524
        ]
      },
      {
        "date": "2026-06-12",
        "close": 77.41,
        "volume": 1125801,
        "typical_volume": 1393201.15,
        "trend": 79.401942,
        "fair_value": 84.57197,
        "relative_strength": -17.589423,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.48378,
        "energy": 14.750318,
        "activity_lines": [
          78.58749,
          78.437596,
          79.003039,
          79.33019
        ]
      },
      {
        "date": "2026-06-19",
        "close": 75.33,
        "volume": 1432031,
        "typical_volume": 1426001.85,
        "trend": 79.368251,
        "fair_value": 84.641336,
        "relative_strength": -21.220326,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.490024,
        "energy": 27.26793,
        "activity_lines": [
          77.535333,
          77.847125,
          78.628946,
          79.067484
        ]
      },
      {
        "date": "2026-06-26",
        "close": 78.85,
        "volume": 1840920,
        "typical_volume": 1460877.7,
        "trend": 79.453848,
        "fair_value": 84.746026,
        "relative_strength": -13.123614,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.324244,
        "energy": 18.180076,
        "activity_lines": [
          77.847333,
          77.992002,
          78.63025,
          79.034049
        ]
      },
      {
        "date": "2026-07-03",
        "close": 80.98,
        "volume": 963429,
        "typical_volume": 1453229.4,
        "trend": 79.52067,
        "fair_value": 84.879611,
        "relative_strength": -11.105311,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.072487,
        "energy": 10.079373,
        "activity_lines": [
          78.846,
          78.591949,
          78.840638,
          79.13251
        ]
      },
      {
        "date": "2026-07-10",
        "close": 84.18,
        "volume": 1215969,
        "typical_volume": 1457471.75,
        "trend": 79.674125,
        "fair_value": 85.018704,
        "relative_strength": -8.894458,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.69485,
        "energy": 17.58294,
        "activity_lines": [
          80.629333,
          79.628118,
          79.322643,
          79.433112
        ]
      },
      {
        "date": "2026-07-17",
        "close": 76.53,
        "volume": 1807133,
        "typical_volume": 1447252.65,
        "trend": 79.584074,
        "fair_value": 85.102792,
        "relative_strength": -13.214921,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.788472,
        "energy": 8.702057,
        "activity_lines": [
          79.689333,
          79.154588,
          79.03234,
          79.230265
        ]
      },
      {
        "date": "2026-07-24",
        "close": 75.64,
        "volume": 1120643,
        "typical_volume": 1399347.35,
        "trend": 79.440383,
        "fair_value": 85.144312,
        "relative_strength": -12.510218,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.023759,
        "energy": 20.095189,
        "activity_lines": [
          78.511333,
          78.574545,
          78.678865,
          78.975809
        ]
      },
      {
        "date": "2026-07-31",
        "close": 82.0,
        "volume": 2347406,
        "typical_volume": 1431162.65,
        "trend": 79.593093,
        "fair_value": 85.225598,
        "relative_strength": -5.492191,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -4.709742,
        "energy": 4.090373,
        "activity_lines": [
          79.432667,
          79.197273,
          78.957777,
          79.140945
        ]
      },
      {
        "date": "2026-08-07",
        "close": 84.88,
        "volume": 1547703,
        "typical_volume": 1418088.8,
        "trend": 79.686138,
        "fair_value": 85.332079,
        "relative_strength": -6.718641,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 29.950901,
        "energy": 15.747044,
        "activity_lines": [
          81.104,
          80.28,
          79.502153,
          79.482036
        ]
      }
    ],
    "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."
    }
  }
}