{
  "ticker": {
    "uuid": "b546ed3d-f2c6-4bb8-8e4d-94066f779bac",
    "symbol": "THC",
    "name": "Tenet Healthcare Corporation",
    "exchange": "NYSE",
    "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": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "up",
    "architecture_direction": 86.249,
    "architecture_energy": 88.934,
    "architecture_maturity": 24.0,
    "architecture_confidence": 76.916,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 19.84,
        "rotation_up": 84.16,
        "upward_expansion": 95.27,
        "deceleration": 41.85,
        "rotation_down": 8.08,
        "downward_expansion": 19.6
      },
      "activity_lines": [
        241.562667,
        221.336,
        204.064714,
        202.567118
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 262.13,
    "trend_reference": 202.163333,
    "distance_from_trend": 0.296625,
    "trend_direction": "Improving",
    "fair_value": 147.658846,
    "distance_from_fair_value": 0.775241,
    "fair_value_direction": "Improving",
    "relative_strength": 16.628111,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.301733,
    "excess_performance": 0.176108,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.296625,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.006193,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.775241,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.389219,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.166281,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.283308,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.301733,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.791345,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4701533,
      "relative_activity": 0.704745,
      "balance": 1.791345,
      "dry_up": 1.105793,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.084004,
      "annualized_volatility": 0.51686,
      "from_high_reference": -0.012005,
      "from_low_reference": 0.663473
    },
    "levels": {
      "trend_reference": 202.163333,
      "fair_value_reference": 147.658846,
      "structural_low": 157.58,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.052745,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.023872,
        "regime_survival": 0.333333,
        "best_return": 0.085654,
        "worst_return": -0.029085,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.159548,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.098469,
        "regime_survival": 0.0,
        "best_return": 0.31104,
        "worst_return": -0.149026,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.307814,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.216004,
        "regime_survival": 0.0,
        "best_return": 0.831343,
        "worst_return": 0.177813,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.568569,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.344186,
        "regime_survival": 0.333333,
        "best_return": 0.577186,
        "worst_return": 0.066266,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-13",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.102845,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-10",
        "end": "2025-05-02",
        "tenure": "Established",
        "return": 0.156755,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.111805,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.035526,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-06",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": -0.077977,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-08",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.084068,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-12-26",
        "tenure": "Established",
        "return": 0.088266,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": 0.009626,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.005193,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-27",
        "end": "2026-04-03",
        "tenure": "Developing",
        "return": -0.21396,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": -0.073909,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-01",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.111584,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-10",
        "end": "2026-07-24",
        "tenure": "New",
        "return": 0.141738,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.028848,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 70.68,
        "volume": 6758152,
        "typical_volume": 6605035.35,
        "trend": 67.979333,
        "fair_value": 60.827179,
        "relative_strength": 9.316371,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.538738,
        "energy": 21.002178,
        "activity_lines": [
          73.179333,
          75.582727,
          75.164952,
          72.26972
        ]
      },
      {
        "date": "2023-08-25",
        "close": 74.23,
        "volume": 3748777,
        "typical_volume": 6466299.1,
        "trend": 68.694,
        "fair_value": 61.118333,
        "relative_strength": 13.634934,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.746712,
        "energy": 16.943269,
        "activity_lines": [
          73.247333,
          75.077273,
          75.245952,
          72.672989
        ]
      },
      {
        "date": "2023-09-01",
        "close": 78.7,
        "volume": 4427242,
        "typical_volume": 6401039.95,
        "trend": 69.419,
        "fair_value": 61.430513,
        "relative_strength": 17.029768,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.746469,
        "energy": 17.647967,
        "activity_lines": [
          74.974667,
          75.460909,
          75.689714,
          73.318538
        ]
      },
      {
        "date": "2023-09-08",
        "close": 74.73,
        "volume": 4658845,
        "typical_volume": 6213429.05,
        "trend": 69.955,
        "fair_value": 61.722244,
        "relative_strength": 12.354732,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.742222,
        "energy": 10.906407,
        "activity_lines": [
          75.089333,
          75.113636,
          75.689048,
          73.661183
        ]
      },
      {
        "date": "2023-09-15",
        "close": 69.78,
        "volume": 6865967,
        "typical_volume": 5981215.0,
        "trend": 70.235667,
        "fair_value": 61.98859,
        "relative_strength": 5.021611,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.262534,
        "energy": 4.616056,
        "activity_lines": [
          73.537333,
          73.987273,
          75.189143,
          73.649892
        ]
      },
      {
        "date": "2023-09-22",
        "close": 67.73,
        "volume": 4414170,
        "typical_volume": 5856082.8,
        "trend": 70.517,
        "fair_value": 62.276026,
        "relative_strength": 4.850787,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -11.870437,
        "energy": 20.990171,
        "activity_lines": [
          71.572667,
          72.675091,
          74.510857,
          73.488237
        ]
      },
      {
        "date": "2023-09-29",
        "close": 65.89,
        "volume": 5321573,
        "typical_volume": 5789260.6,
        "trend": 70.673333,
        "fair_value": 62.532821,
        "relative_strength": 2.606167,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.838957,
        "energy": 52.590067,
        "activity_lines": [
          69.191333,
          71.286,
          73.665048,
          73.18972
        ]
      },
      {
        "date": "2023-10-06",
        "close": 61.66,
        "volume": 12135280,
        "typical_volume": 6114890.55,
        "trend": 70.976,
        "fair_value": 62.745577,
        "relative_strength": -4.355122,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.273266,
        "energy": 69.275449,
        "activity_lines": [
          65.956,
          69.325636,
          72.434,
          72.608215
        ]
      },
      {
        "date": "2023-10-13",
        "close": 54.09,
        "volume": 12652653,
        "typical_volume": 6474509.45,
        "trend": 70.943667,
        "fair_value": 62.906667,
        "relative_strength": -16.236737,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -62.943578,
        "energy": 80.480302,
        "activity_lines": [
          61.333333,
          66.219818,
          70.535429,
          71.518796
        ]
      },
      {
        "date": "2023-10-20",
        "close": 54.57,
        "volume": 7386280,
        "typical_volume": 6634436.55,
        "trend": 70.946333,
        "fair_value": 63.069551,
        "relative_strength": -13.732781,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -83.612696,
        "energy": 92.285578,
        "activity_lines": [
          58.246667,
          63.572,
          68.759714,
          70.46243
        ]
      },
      {
        "date": "2023-10-27",
        "close": 53.12,
        "volume": 8156490,
        "typical_volume": 6776835.8,
        "trend": 70.736333,
        "fair_value": 63.252756,
        "relative_strength": -14.011118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.126732,
        "energy": 91.922316,
        "activity_lines": [
          55.690667,
          61.010909,
          66.94119,
          69.312344
        ]
      },
      {
        "date": "2023-11-03",
        "close": 54.92,
        "volume": 11497187,
        "typical_volume": 6752397.5,
        "trend": 70.533333,
        "fair_value": 63.422372,
        "relative_strength": -16.154407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.904602,
        "energy": 87.460742,
        "activity_lines": [
          54.708667,
          59.096364,
          65.387857,
          68.291935
        ]
      },
      {
        "date": "2023-11-10",
        "close": 53.79,
        "volume": 6483367,
        "typical_volume": 6868955.6,
        "trend": 70.167333,
        "fair_value": 63.5675,
        "relative_strength": -19.091346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.689943,
        "energy": 84.344947,
        "activity_lines": [
          54.081333,
          57.327455,
          63.838857,
          67.21172
        ]
      },
      {
        "date": "2023-11-17",
        "close": 63.74,
        "volume": 10027965,
        "typical_volume": 7103730.85,
        "trend": 69.995667,
        "fair_value": 63.77359,
        "relative_strength": -6.595779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.262508,
        "energy": 52.418674,
        "activity_lines": [
          57.295333,
          57.820545,
          63.353714,
          66.797054
        ]
      },
      {
        "date": "2023-11-24",
        "close": 68.0,
        "volume": 6430901,
        "typical_volume": 7236570.25,
        "trend": 69.818333,
        "fair_value": 63.998718,
        "relative_strength": -1.753044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.531095,
        "energy": 26.577555,
        "activity_lines": [
          61.286,
          59.288,
          63.358286,
          66.668301
        ]
      },
      {
        "date": "2023-12-01",
        "close": 71.01,
        "volume": 8766126,
        "typical_volume": 7424230.85,
        "trend": 69.873667,
        "fair_value": 64.232244,
        "relative_strength": 1.213674,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.577001,
        "energy": 23.012252,
        "activity_lines": [
          65.384667,
          61.335091,
          63.706952,
          66.745183
        ]
      },
      {
        "date": "2023-12-08",
        "close": 71.55,
        "volume": 6064854,
        "typical_volume": 7423713.75,
        "trend": 69.939,
        "fair_value": 64.427821,
        "relative_strength": 1.198826,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -2.05378,
        "energy": 27.388837,
        "activity_lines": [
          68.470667,
          63.420727,
          64.158905,
          66.853333
        ]
      },
      {
        "date": "2023-12-15",
        "close": 75.36,
        "volume": 6631749,
        "typical_volume": 7383470.65,
        "trend": 70.021667,
        "fair_value": 64.652821,
        "relative_strength": 3.533603,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.872839,
        "energy": 42.848895,
        "activity_lines": [
          71.718,
          66.096182,
          64.998571,
          67.203075
        ]
      },
      {
        "date": "2023-12-22",
        "close": 75.75,
        "volume": 3090683,
        "typical_volume": 7069840.15,
        "trend": 70.203667,
        "fair_value": 64.881282,
        "relative_strength": 2.658661,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.176653,
        "energy": 46.708768,
        "activity_lines": [
          73.657333,
          68.593455,
          65.870619,
          67.572645
        ]
      },
      {
        "date": "2023-12-29",
        "close": 75.57,
        "volume": 1652813,
        "typical_volume": 6858553.7,
        "trend": 70.236667,
        "fair_value": 65.109744,
        "relative_strength": 1.687254,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.808735,
        "energy": 59.188649,
        "activity_lines": [
          74.736,
          70.664182,
          66.719476,
          67.91886
        ]
      },
      {
        "date": "2024-01-05",
        "close": 75.91,
        "volume": 3876031,
        "typical_volume": 6714447.65,
        "trend": 70.34,
        "fair_value": 65.301474,
        "relative_strength": 3.426867,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.145102,
        "energy": 60.529364,
        "activity_lines": [
          75.423333,
          72.414909,
          67.592476,
          68.284882
        ]
      },
      {
        "date": "2024-01-12",
        "close": 81.14,
        "volume": 4632231,
        "typical_volume": 6758620.35,
        "trend": 70.430333,
        "fair_value": 65.517885,
        "relative_strength": 8.012286,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.767829,
        "energy": 66.385739,
        "activity_lines": [
          77.527333,
          74.702182,
          68.938667,
          68.981656
        ]
      },
      {
        "date": "2024-01-19",
        "close": 82.17,
        "volume": 4331237,
        "typical_volume": 6753820.1,
        "trend": 70.562667,
        "fair_value": 65.719359,
        "relative_strength": 7.578978,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.309306,
        "energy": 70.562809,
        "activity_lines": [
          79.335333,
          76.7,
          70.350048,
          69.739054
        ]
      },
      {
        "date": "2024-01-26",
        "close": 82.89,
        "volume": 4440739,
        "typical_volume": 6742914.8,
        "trend": 70.613,
        "fair_value": 65.947692,
        "relative_strength": 6.920067,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.155012,
        "energy": 72.141068,
        "activity_lines": [
          80.929333,
          78.312727,
          71.813476,
          70.534366
        ]
      },
      {
        "date": "2024-02-02",
        "close": 89.33,
        "volume": 6146178,
        "typical_volume": 6706925.35,
        "trend": 70.922,
        "fair_value": 66.195641,
        "relative_strength": 13.056129,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 87.174902,
        "energy": 91.094571,
        "activity_lines": [
          84.194,
          80.748182,
          73.851381,
          71.741914
        ]
      },
      {
        "date": "2024-02-09",
        "close": 88.09,
        "volume": 7039634,
        "typical_volume": 6838198.55,
        "trend": 71.128333,
        "fair_value": 66.440897,
        "relative_strength": 9.569927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.523944,
        "energy": 87.38005,
        "activity_lines": [
          86.128,
          82.570364,
          75.678095,
          72.849527
        ]
      },
      {
        "date": "2024-02-16",
        "close": 90.93,
        "volume": 4949872,
        "typical_volume": 6819613.5,
        "trend": 71.600333,
        "fair_value": 66.6975,
        "relative_strength": 13.091009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.178695,
        "energy": 91.052138,
        "activity_lines": [
          88.196667,
          84.598364,
          77.678333,
          74.127054
        ]
      },
      {
        "date": "2024-02-23",
        "close": 92.8,
        "volume": 3338739,
        "typical_volume": 6379786.45,
        "trend": 72.215,
        "fair_value": 66.965321,
        "relative_strength": 13.104328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.83307,
        "energy": 91.376509,
        "activity_lines": [
          90.236,
          86.614,
          79.737429,
          75.494774
        ]
      },
      {
        "date": "2024-03-01",
        "close": 94.29,
        "volume": 8093897,
        "typical_volume": 6151848.65,
        "trend": 72.875333,
        "fair_value": 67.225,
        "relative_strength": 13.393344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.261355,
        "energy": 89.659173,
        "activity_lines": [
          92.063333,
          88.583455,
          81.790143,
          76.918968
        ]
      },
      {
        "date": "2024-03-08",
        "close": 98.68,
        "volume": 7610558,
        "typical_volume": 6163062.55,
        "trend": 73.703333,
        "fair_value": 67.503141,
        "relative_strength": 18.170897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.707081,
        "energy": 91.526698,
        "activity_lines": [
          94.594,
          91.014,
          84.069524,
          78.583785
        ]
      },
      {
        "date": "2024-03-15",
        "close": 98.8,
        "volume": 8785151,
        "typical_volume": 6194495.6,
        "trend": 74.640667,
        "fair_value": 67.789167,
        "relative_strength": 17.683991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.217324,
        "energy": 84.27698,
        "activity_lines": [
          96.541333,
          93.046182,
          86.150286,
          80.202925
        ]
      },
      {
        "date": "2024-03-22",
        "close": 102.05,
        "volume": 4524091,
        "typical_volume": 5845840.8,
        "trend": 75.568,
        "fair_value": 68.101923,
        "relative_strength": 18.127234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.194891,
        "energy": 78.282589,
        "activity_lines": [
          98.858,
          95.253091,
          88.323048,
          81.971269
        ]
      },
      {
        "date": "2024-03-29",
        "close": 105.11,
        "volume": 3423626,
        "typical_volume": 5692853.75,
        "trend": 76.448333,
        "fair_value": 68.447564,
        "relative_strength": 20.486106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.334926,
        "energy": 75.998873,
        "activity_lines": [
          101.453333,
          97.636182,
          90.56281,
          83.877204
        ]
      },
      {
        "date": "2024-04-05",
        "close": 102.18,
        "volume": 4074737,
        "typical_volume": 5395192.35,
        "trend": 77.363333,
        "fair_value": 68.768013,
        "relative_strength": 17.554666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.567233,
        "energy": 66.681509,
        "activity_lines": [
          102.251333,
          99.069455,
          92.279143,
          85.537312
        ]
      },
      {
        "date": "2024-04-12",
        "close": 100.44,
        "volume": 3607657,
        "typical_volume": 5254030.15,
        "trend": 78.385333,
        "fair_value": 69.063013,
        "relative_strength": 16.767962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.823029,
        "energy": 65.338719,
        "activity_lines": [
          101.943333,
          99.835636,
          93.646714,
          87.026129
        ]
      },
      {
        "date": "2024-04-19",
        "close": 93.19,
        "volume": 6528810,
        "typical_volume": 5142164.35,
        "trend": 79.234,
        "fair_value": 69.303333,
        "relative_strength": 11.534851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.849233,
        "energy": 53.347829,
        "activity_lines": [
          99.101333,
          99.081636,
          94.169333,
          87.981269
        ]
      },
      {
        "date": "2024-04-26",
        "close": 96.13,
        "volume": 5731591,
        "typical_volume": 5125501.2,
        "trend": 80.242,
        "fair_value": 69.539679,
        "relative_strength": 11.956918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.261841,
        "energy": 36.87597,
        "activity_lines": [
          97.613333,
          98.769455,
          94.866333,
          89.071333
        ]
      },
      {
        "date": "2024-05-03",
        "close": 120.28,
        "volume": 12083619,
        "typical_volume": 5398094.7,
        "trend": 82.196,
        "fair_value": 69.882244,
        "relative_strength": 38.234228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.294582,
        "energy": 59.797686,
        "activity_lines": [
          104.57,
          102.753636,
          97.746286,
          91.65443
        ]
      },
      {
        "date": "2024-05-10",
        "close": 127.13,
        "volume": 6631517,
        "typical_volume": 5575136.4,
        "trend": 84.630667,
        "fair_value": 70.285513,
        "relative_strength": 42.26149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.13214,
        "energy": 72.401051,
        "activity_lines": [
          112.798667,
          107.483636,
          101.064714,
          94.553398
        ]
      },
      {
        "date": "2024-05-17",
        "close": 128.47,
        "volume": 7171333,
        "typical_volume": 5851062.4,
        "trend": 87.094,
        "fair_value": 70.704103,
        "relative_strength": 40.384373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.638319,
        "energy": 92.990635,
        "activity_lines": [
          119.810667,
          111.860182,
          104.266095,
          97.381742
        ]
      },
      {
        "date": "2024-05-24",
        "close": 131.13,
        "volume": 4541572,
        "typical_volume": 5884339.45,
        "trend": 89.694333,
        "fair_value": 71.115769,
        "relative_strength": 42.062652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.187252,
        "energy": 93.045306,
        "activity_lines": [
          125.840667,
          116.178727,
          107.468905,
          100.222774
        ]
      },
      {
        "date": "2024-05-31",
        "close": 135.22,
        "volume": 4366798,
        "typical_volume": 5871067.8,
        "trend": 92.371,
        "fair_value": 71.548397,
        "relative_strength": 45.78891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.776137,
        "energy": 92.899091,
        "activity_lines": [
          130.704667,
          120.653091,
          110.798286,
          103.159914
        ]
      },
      {
        "date": "2024-06-07",
        "close": 133.73,
        "volume": 6393823,
        "typical_volume": 5974197.1,
        "trend": 95.035667,
        "fair_value": 71.964744,
        "relative_strength": 41.176414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.412472,
        "energy": 89.649046,
        "activity_lines": [
          132.466,
          124.253455,
          113.728238,
          105.828237
        ]
      },
      {
        "date": "2024-06-14",
        "close": 138.01,
        "volume": 6137530,
        "typical_volume": 6059036.65,
        "trend": 97.511333,
        "fair_value": 72.426795,
        "relative_strength": 42.201868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.603315,
        "energy": 86.807473,
        "activity_lines": [
          134.757333,
          128.111636,
          116.820286,
          108.600774
        ]
      },
      {
        "date": "2024-06-21",
        "close": 134.25,
        "volume": 5088583,
        "typical_volume": 6006156.9,
        "trend": 99.719667,
        "fair_value": 72.839038,
        "relative_strength": 36.514834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.790049,
        "energy": 67.12203,
        "activity_lines": [
          135.07,
          130.634727,
          119.291762,
          110.971011
        ]
      },
      {
        "date": "2024-06-28",
        "close": 133.03,
        "volume": 7479590,
        "typical_volume": 6028154.7,
        "trend": 101.787,
        "fair_value": 73.2525,
        "relative_strength": 34.511694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.442529,
        "energy": 64.385046,
        "activity_lines": [
          134.590667,
          132.321273,
          121.433143,
          113.120065
        ]
      },
      {
        "date": "2024-07-05",
        "close": 131.8,
        "volume": 3852561,
        "typical_volume": 5973289.15,
        "trend": 103.795333,
        "fair_value": 73.655577,
        "relative_strength": 30.041708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.806795,
        "energy": 60.144591,
        "activity_lines": [
          133.574667,
          133.059818,
          123.243381,
          115.056387
        ]
      },
      {
        "date": "2024-07-12",
        "close": 134.39,
        "volume": 5007227,
        "typical_volume": 6056713.55,
        "trend": 105.763,
        "fair_value": 74.089936,
        "relative_strength": 30.572786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.754865,
        "energy": 53.987781,
        "activity_lines": [
          133.65,
          133.620727,
          125.105667,
          117.030237
        ]
      },
      {
        "date": "2024-07-19",
        "close": 133.27,
        "volume": 5137807,
        "typical_volume": 5908909.05,
        "trend": 107.680333,
        "fair_value": 74.485064,
        "relative_strength": 31.110684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.119409,
        "energy": 46.263547,
        "activity_lines": [
          133.308,
          133.721455,
          126.663238,
          118.804882
        ]
      },
      {
        "date": "2024-07-26",
        "close": 151.63,
        "volume": 10847304,
        "typical_volume": 6070746.35,
        "trend": 110.215667,
        "fair_value": 74.996538,
        "relative_strength": 48.667667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.757665,
        "energy": 63.525474,
        "activity_lines": [
          139.402,
          137.048727,
          129.783762,
          121.640344
        ]
      },
      {
        "date": "2024-08-02",
        "close": 141.75,
        "volume": 7872536,
        "typical_volume": 6025115.6,
        "trend": 112.410333,
        "fair_value": 75.464551,
        "relative_strength": 40.59097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.679728,
        "energy": 60.214436,
        "activity_lines": [
          141.044,
          138.158545,
          131.71119,
          123.674817
        ]
      },
      {
        "date": "2024-08-09",
        "close": 150.06,
        "volume": 6648462,
        "typical_volume": 6131334.15,
        "trend": 114.707667,
        "fair_value": 75.977692,
        "relative_strength": 47.110416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.445687,
        "energy": 73.329975,
        "activity_lines": [
          144.874667,
          140.586182,
          134.225524,
          126.103828
        ]
      },
      {
        "date": "2024-08-16",
        "close": 156.66,
        "volume": 4423502,
        "typical_volume": 6181327.95,
        "trend": 117.190667,
        "fair_value": 76.516346,
        "relative_strength": 45.937091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.508681,
        "energy": 87.901418,
        "activity_lines": [
          149.688,
          143.944,
          137.13981,
          128.81043
        ]
      },
      {
        "date": "2024-08-23",
        "close": 164.53,
        "volume": 3914841,
        "typical_volume": 6173333.15,
        "trend": 119.912,
        "fair_value": 77.090321,
        "relative_strength": 49.333008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.004719,
        "energy": 89.232068,
        "activity_lines": [
          155.64,
          148.315818,
          140.558143,
          131.864581
        ]
      },
      {
        "date": "2024-08-30",
        "close": 165.84,
        "volume": 2889235,
        "typical_volume": 6137412.05,
        "trend": 122.462333,
        "fair_value": 77.666923,
        "relative_strength": 48.399737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.912365,
        "energy": 89.783528,
        "activity_lines": [
          159.944667,
          152.443636,
          143.804333,
          134.827677
        ]
      },
      {
        "date": "2024-09-06",
        "close": 153.4,
        "volume": 5794698,
        "typical_volume": 6100706.45,
        "trend": 124.639333,
        "fair_value": 78.184167,
        "relative_strength": 41.628721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.771243,
        "energy": 68.489751,
        "activity_lines": [
          159.155333,
          153.735273,
          145.554333,
          136.823656
        ]
      },
      {
        "date": "2024-09-13",
        "close": 162.41,
        "volume": 5085882,
        "typical_volume": 6068421.0,
        "trend": 127.022,
        "fair_value": 78.757949,
        "relative_strength": 42.39567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.435978,
        "energy": 64.027745,
        "activity_lines": [
          160.592667,
          156.294727,
          147.875714,
          139.260473
        ]
      },
      {
        "date": "2024-09-20",
        "close": 165.16,
        "volume": 7592272,
        "typical_volume": 5843853.65,
        "trend": 129.434,
        "fair_value": 79.359038,
        "relative_strength": 41.030667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.411974,
        "energy": 60.226604,
        "activity_lines": [
          162.123333,
          158.797636,
          150.143381,
          141.720989
        ]
      },
      {
        "date": "2024-09-27",
        "close": 163.22,
        "volume": 4206620,
        "typical_volume": 5722608.8,
        "trend": 131.731667,
        "fair_value": 79.964167,
        "relative_strength": 36.935463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.600559,
        "energy": 52.661891,
        "activity_lines": [
          162.440667,
          160.388364,
          152.012571,
          143.900731
        ]
      },
      {
        "date": "2024-10-04",
        "close": 156.57,
        "volume": 4885258,
        "typical_volume": 5608305.05,
        "trend": 133.661333,
        "fair_value": 80.571282,
        "relative_strength": 29.484921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.764484,
        "energy": 46.127852,
        "activity_lines": [
          160.628667,
          160.225455,
          153.076571,
          145.503204
        ]
      },
      {
        "date": "2024-10-11",
        "close": 155.82,
        "volume": 5897980,
        "typical_volume": 5676125.45,
        "trend": 135.562,
        "fair_value": 81.162692,
        "relative_strength": 25.772047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.198028,
        "energy": 35.344192,
        "activity_lines": [
          159.184667,
          159.836364,
          153.935333,
          146.932796
        ]
      },
      {
        "date": "2024-10-18",
        "close": 163.87,
        "volume": 4403189,
        "typical_volume": 5677945.0,
        "trend": 137.622667,
        "fair_value": 81.760385,
        "relative_strength": 29.401574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.008687,
        "energy": 34.114055,
        "activity_lines": [
          160.262667,
          160.655091,
          155.44319,
          148.759118
        ]
      },
      {
        "date": "2024-10-25",
        "close": 139.77,
        "volume": 6896348,
        "typical_volume": 5703071.25,
        "trend": 138.778,
        "fair_value": 82.196987,
        "relative_strength": 10.348321,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.082292,
        "energy": 14.570923,
        "activity_lines": [
          153.21,
          156.840909,
          154.519381,
          148.897656
        ]
      },
      {
        "date": "2024-11-01",
        "close": 156.13,
        "volume": 9265492,
        "typical_volume": 5859469.35,
        "trend": 140.576333,
        "fair_value": 82.714359,
        "relative_strength": 23.414307,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.035428,
        "energy": 17.264525,
        "activity_lines": [
          153.303333,
          156.308364,
          155.124905,
          150.01714
        ]
      },
      {
        "date": "2024-11-08",
        "close": 165.21,
        "volume": 7752597,
        "typical_volume": 5992670.05,
        "trend": 142.735333,
        "fair_value": 83.266154,
        "relative_strength": 23.036367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.190069,
        "energy": 21.639438,
        "activity_lines": [
          156.896,
          157.579455,
          156.508905,
          151.606409
        ]
      },
      {
        "date": "2024-11-15",
        "close": 155.34,
        "volume": 6326674,
        "typical_volume": 5935024.25,
        "trend": 144.807,
        "fair_value": 83.765449,
        "relative_strength": 16.921919,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.615965,
        "energy": 14.850572,
        "activity_lines": [
          156.622667,
          157.067455,
          156.805476,
          152.419613
        ]
      },
      {
        "date": "2024-11-22",
        "close": 143.63,
        "volume": 7962635,
        "typical_volume": 6140527.95,
        "trend": 146.390333,
        "fair_value": 84.20109,
        "relative_strength": 5.53258,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.823631,
        "energy": 4.39174,
        "activity_lines": [
          152.478,
          154.391091,
          155.880571,
          152.343677
        ]
      },
      {
        "date": "2024-11-29",
        "close": 142.68,
        "volume": 5505723,
        "typical_volume": 6165452.75,
        "trend": 147.137,
        "fair_value": 84.660256,
        "relative_strength": 2.91671,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.377756,
        "energy": 6.826225,
        "activity_lines": [
          149.366,
          151.883455,
          154.808857,
          152.104301
        ]
      },
      {
        "date": "2024-12-06",
        "close": 138.94,
        "volume": 4684838,
        "typical_volume": 6142804.3,
        "trend": 147.530667,
        "fair_value": 85.064744,
        "relative_strength": -1.234456,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.924225,
        "energy": 33.079436,
        "activity_lines": [
          144.813333,
          149.104545,
          153.341476,
          151.575462
        ]
      },
      {
        "date": "2024-12-13",
        "close": 136.71,
        "volume": 6297631,
        "typical_volume": 5915320.65,
        "trend": 147.805333,
        "fair_value": 85.463397,
        "relative_strength": -2.759135,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.065343,
        "energy": 47.399063,
        "activity_lines": [
          140.663333,
          146.361636,
          151.634714,
          150.877355
        ]
      },
      {
        "date": "2024-12-20",
        "close": 129.46,
        "volume": 13404962,
        "typical_volume": 6191941.95,
        "trend": 147.749667,
        "fair_value": 85.785192,
        "relative_strength": -6.632082,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.11547,
        "energy": 59.895292,
        "activity_lines": [
          135.996667,
          142.661636,
          149.308524,
          149.693785
        ]
      },
      {
        "date": "2024-12-27",
        "close": 127.97,
        "volume": 3220803,
        "typical_volume": 6020559.0,
        "trend": 147.508,
        "fair_value": 86.081859,
        "relative_strength": -8.709922,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.668429,
        "energy": 64.108597,
        "activity_lines": [
          132.558667,
          139.17,
          146.898952,
          148.417677
        ]
      },
      {
        "date": "2025-01-03",
        "close": 122.65,
        "volume": 3610873,
        "typical_volume": 5979927.55,
        "trend": 147.138667,
        "fair_value": 86.388077,
        "relative_strength": -12.359583,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -76.027401,
        "energy": 77.585549,
        "activity_lines": [
          128.391333,
          135.363818,
          144.087905,
          146.813935
        ]
      },
      {
        "date": "2025-01-10",
        "close": 127.97,
        "volume": 4774694,
        "typical_volume": 6022920.2,
        "trend": 146.804,
        "fair_value": 86.68891,
        "relative_strength": -7.115947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.072957,
        "energy": 71.3315,
        "activity_lines": [
          127.332667,
          132.836182,
          141.945476,
          145.577247
        ]
      },
      {
        "date": "2025-01-17",
        "close": 130.86,
        "volume": 4079464,
        "typical_volume": 6082431.65,
        "trend": 146.691,
        "fair_value": 87.040769,
        "relative_strength": -8.080797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.464713,
        "energy": 62.000992,
        "activity_lines": [
          127.968667,
          131.346,
          140.252381,
          144.548602
        ]
      },
      {
        "date": "2025-01-24",
        "close": 135.58,
        "volume": 4337288,
        "typical_volume": 6009561.15,
        "trend": 146.776,
        "fair_value": 87.444038,
        "relative_strength": -6.774889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.204384,
        "energy": 44.264963,
        "activity_lines": [
          130.568,
          131.338545,
          139.175381,
          143.831763
        ]
      },
      {
        "date": "2025-01-31",
        "close": 140.89,
        "volume": 5136780,
        "typical_volume": 6012106.05,
        "trend": 147.079,
        "fair_value": 87.880256,
        "relative_strength": -2.534049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.903744,
        "energy": 27.938318,
        "activity_lines": [
          134.529333,
          132.655818,
          138.688952,
          143.452022
        ]
      },
      {
        "date": "2025-02-07",
        "close": 140.47,
        "volume": 5096530,
        "typical_volume": 5887318.95,
        "trend": 147.281667,
        "fair_value": 88.257115,
        "relative_strength": -3.087766,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.572656,
        "energy": 24.377271,
        "activity_lines": [
          137.489333,
          133.946545,
          138.265,
          143.025634
        ]
      },
      {
        "date": "2025-02-14",
        "close": 133.31,
        "volume": 11925630,
        "typical_volume": 6273269.45,
        "trend": 147.283,
        "fair_value": 88.595577,
        "relative_strength": -9.621556,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.970304,
        "energy": 24.456115,
        "activity_lines": [
          136.874667,
          133.975636,
          137.276714,
          142.124237
        ]
      },
      {
        "date": "2025-02-21",
        "close": 129.6,
        "volume": 8046313,
        "typical_volume": 6431322.2,
        "trend": 146.548667,
        "fair_value": 88.876923,
        "relative_strength": -10.926523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.209604,
        "energy": 24.010205,
        "activity_lines": [
          134.667333,
          133.432545,
          136.077524,
          140.983398
        ]
      },
      {
        "date": "2025-02-28",
        "close": 126.59,
        "volume": 9563346,
        "typical_volume": 6614590.5,
        "trend": 146.043333,
        "fair_value": 89.104231,
        "relative_strength": -12.338414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.416308,
        "energy": 37.337453,
        "activity_lines": [
          131.540667,
          132.471455,
          134.720095,
          139.695742
        ]
      },
      {
        "date": "2025-03-07",
        "close": 127.49,
        "volume": 7759170,
        "typical_volume": 6782389.55,
        "trend": 145.291,
        "fair_value": 89.350705,
        "relative_strength": -9.103444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.575357,
        "energy": 42.467806,
        "activity_lines": [
          129.313333,
          131.726182,
          133.587571,
          138.498753
        ]
      },
      {
        "date": "2025-03-14",
        "close": 122.67,
        "volume": 7424584,
        "typical_volume": 6808801.35,
        "trend": 144.158,
        "fair_value": 89.575,
        "relative_strength": -10.659986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.01283,
        "energy": 56.640436,
        "activity_lines": [
          126.372667,
          130.113273,
          132.169238,
          137.039333
        ]
      },
      {
        "date": "2025-03-21",
        "close": 123.2,
        "volume": 11110652,
        "typical_volume": 6901059.35,
        "trend": 142.780333,
        "fair_value": 89.79141,
        "relative_strength": -10.86978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.563669,
        "energy": 59.997445,
        "activity_lines": [
          124.795333,
          128.596364,
          130.88281,
          135.687204
        ]
      },
      {
        "date": "2025-03-28",
        "close": 133.14,
        "volume": 7454680,
        "typical_volume": 6886163.5,
        "trend": 141.690333,
        "fair_value": 90.088782,
        "relative_strength": -2.512556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.307291,
        "energy": 36.883066,
        "activity_lines": [
          127.205333,
          128.973455,
          130.699857,
          135.065247
        ]
      },
      {
        "date": "2025-04-04",
        "close": 120.35,
        "volume": 7454581,
        "typical_volume": 6942558.85,
        "trend": 140.588667,
        "fair_value": 90.320962,
        "relative_strength": -3.382901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.573414,
        "energy": 40.68922,
        "activity_lines": [
          125.116,
          126.983636,
          129.451524,
          133.688452
        ]
      },
      {
        "date": "2025-04-11",
        "close": 123.79,
        "volume": 9448342,
        "typical_volume": 7016844.2,
        "trend": 139.301333,
        "fair_value": 90.569615,
        "relative_strength": -6.195089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.548483,
        "energy": 33.613771,
        "activity_lines": [
          124.589333,
          125.896182,
          128.697429,
          132.604667
        ]
      },
      {
        "date": "2025-04-18",
        "close": 121.81,
        "volume": 4553367,
        "typical_volume": 6969226.4,
        "trend": 137.856333,
        "fair_value": 90.881795,
        "relative_strength": -6.671449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.24993,
        "energy": 33.16701,
        "activity_lines": [
          123.649333,
          124.759636,
          127.849238,
          131.476194
        ]
      },
      {
        "date": "2025-04-25",
        "close": 122.1,
        "volume": 7750900,
        "typical_volume": 7122529.5,
        "trend": 136.485667,
        "fair_value": 91.199679,
        "relative_strength": -10.774841,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.775596,
        "energy": 34.610347,
        "activity_lines": [
          122.863333,
          124.015091,
          127.128048,
          130.459656
        ]
      },
      {
        "date": "2025-05-02",
        "close": 148.03,
        "volume": 11338517,
        "typical_volume": 7374573.8,
        "trend": 136.201,
        "fair_value": 91.667821,
        "relative_strength": 4.910587,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.286662,
        "energy": 6.902539,
        "activity_lines": [
          130.794,
          128.188909,
          128.956571,
          131.204452
        ]
      },
      {
        "date": "2025-05-09",
        "close": 148.83,
        "volume": 5860343,
        "typical_volume": 6997342.85,
        "trend": 135.968,
        "fair_value": 92.158462,
        "relative_strength": 5.794706,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.900642,
        "energy": 23.754648,
        "activity_lines": [
          137.998667,
          132.173091,
          130.807381,
          132.019226
        ]
      },
      {
        "date": "2025-05-16",
        "close": 165.47,
        "volume": 8927656,
        "typical_volume": 7282685.5,
        "trend": 136.021333,
        "fair_value": 92.805769,
        "relative_strength": 11.430771,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 51.061502,
        "energy": 61.705808,
        "activity_lines": [
          148.851333,
          138.778364,
          134.150714,
          133.922581
        ]
      },
      {
        "date": "2025-05-23",
        "close": 162.98,
        "volume": 5918762,
        "typical_volume": 7398079.95,
        "trend": 136.795,
        "fair_value": 93.425064,
        "relative_strength": 12.349193,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.868588,
        "energy": 70.635807,
        "activity_lines": [
          156.095333,
          144.240364,
          137.078333,
          135.661849
        ]
      },
      {
        "date": "2025-05-30",
        "close": 168.77,
        "volume": 5738227,
        "typical_volume": 7446256.6,
        "trend": 137.216333,
        "fair_value": 94.075192,
        "relative_strength": 14.077583,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 76.744045,
        "energy": 86.962431,
        "activity_lines": [
          162.524667,
          150.022182,
          140.365333,
          137.724753
        ]
      },
      {
        "date": "2025-06-06",
        "close": 171.46,
        "volume": 7162421,
        "typical_volume": 7600404.45,
        "trend": 137.424667,
        "fair_value": 94.769808,
        "relative_strength": 13.72604,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.275246,
        "energy": 88.712621,
        "activity_lines": [
          166.739333,
          155.464545,
          143.714238,
          139.934022
        ]
      },
      {
        "date": "2025-06-13",
        "close": 164.37,
        "volume": 10766662,
        "typical_volume": 7921873.15,
        "trend": 137.725667,
        "fair_value": 95.484038,
        "relative_strength": 9.265266,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.344488,
        "energy": 80.276213,
        "activity_lines": [
          167.028667,
          158.921091,
          146.194571,
          141.67243
        ]
      },
      {
        "date": "2025-06-20",
        "close": 168.01,
        "volume": 11759397,
        "typical_volume": 8253004.0,
        "trend": 138.538333,
        "fair_value": 96.187692,
        "relative_strength": 11.58362,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.115718,
        "energy": 67.183508,
        "activity_lines": [
          167.495333,
          162.239091,
          148.884476,
          143.626258
        ]
      },
      {
        "date": "2025-06-27",
        "close": 173.63,
        "volume": 6958993,
        "typical_volume": 8346127.15,
        "trend": 139.57,
        "fair_value": 96.948141,
        "relative_strength": 11.152982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.433542,
        "energy": 58.401318,
        "activity_lines": [
          169.666,
          165.774909,
          151.980476,
          145.890237
        ]
      },
      {
        "date": "2025-07-04",
        "close": 171.5,
        "volume": 5402709,
        "typical_volume": 8019981.1,
        "trend": 140.655333,
        "fair_value": 97.694038,
        "relative_strength": 7.6838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.818923,
        "energy": 54.660091,
        "activity_lines": [
          170.416667,
          167.981273,
          154.715714,
          147.950237
        ]
      },
      {
        "date": "2025-07-11",
        "close": 175.75,
        "volume": 4582386,
        "typical_volume": 7846784.75,
        "trend": 141.956667,
        "fair_value": 98.464551,
        "relative_strength": 10.333011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.031863,
        "energy": 58.661962,
        "activity_lines": [
          172.402,
          170.062182,
          157.673857,
          150.214409
        ]
      },
      {
        "date": "2025-07-18",
        "close": 175.06,
        "volume": 6131166,
        "typical_volume": 7675175.75,
        "trend": 143.476667,
        "fair_value": 99.182115,
        "relative_strength": 8.934305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.280149,
        "energy": 55.464364,
        "activity_lines": [
          173.871333,
          171.513636,
          160.346524,
          152.350108
        ]
      },
      {
        "date": "2025-07-25",
        "close": 153.02,
        "volume": 16152802,
        "typical_volume": 8094857.35,
        "trend": 144.311667,
        "fair_value": 99.739167,
        "relative_strength": -5.908064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.241152,
        "energy": 34.614506,
        "activity_lines": [
          167.281333,
          168.480909,
          160.689333,
          152.965806
        ]
      },
      {
        "date": "2025-08-01",
        "close": 158.09,
        "volume": 7945794,
        "typical_volume": 8120917.85,
        "trend": 145.493,
        "fair_value": 100.339936,
        "relative_strength": -0.272898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.109604,
        "energy": 25.606662,
        "activity_lines": [
          163.380667,
          166.596364,
          161.393429,
          153.854731
        ]
      },
      {
        "date": "2025-08-08",
        "close": 165.58,
        "volume": 3895678,
        "typical_volume": 7760169.15,
        "trend": 146.746667,
        "fair_value": 100.971987,
        "relative_strength": 2.111553,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.078428,
        "energy": 22.12571,
        "activity_lines": [
          163.012667,
          166.162545,
          162.64219,
          155.150667
        ]
      },
      {
        "date": "2025-08-15",
        "close": 172.02,
        "volume": 4605781,
        "typical_volume": 7617724.2,
        "trend": 148.118667,
        "fair_value": 101.669808,
        "relative_strength": 5.200321,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.053622,
        "energy": 26.029453,
        "activity_lines": [
          165.186,
          166.957636,
          164.302476,
          156.781204
        ]
      },
      {
        "date": "2025-08-22",
        "close": 179.5,
        "volume": 5268697,
        "typical_volume": 7508430.0,
        "trend": 149.582667,
        "fair_value": 102.435385,
        "relative_strength": 9.607345,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.506167,
        "energy": 40.28283,
        "activity_lines": [
          170.101333,
          169.102545,
          166.49,
          158.805806
        ]
      },
      {
        "date": "2025-08-29",
        "close": 184.33,
        "volume": 4736503,
        "typical_volume": 7272838.05,
        "trend": 151.030667,
        "fair_value": 103.259295,
        "relative_strength": 12.70541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.123792,
        "energy": 61.628692,
        "activity_lines": [
          176.330667,
          171.850545,
          168.855857,
          161.04757
        ]
      },
      {
        "date": "2025-09-05",
        "close": 196.18,
        "volume": 3776763,
        "typical_volume": 7234007.85,
        "trend": 152.887667,
        "fair_value": 104.119615,
        "relative_strength": 19.402923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.326413,
        "energy": 80.808635,
        "activity_lines": [
          184.422667,
          176.456364,
          172.062,
          163.96043
        ]
      },
      {
        "date": "2025-09-12",
        "close": 192.82,
        "volume": 7166180,
        "typical_volume": 7204771.85,
        "trend": 154.871333,
        "fair_value": 104.977179,
        "relative_strength": 15.535988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.735926,
        "energy": 81.67484,
        "activity_lines": [
          188.855333,
          180.041273,
          174.594,
          166.53671
        ]
      },
      {
        "date": "2025-09-19",
        "close": 190.14,
        "volume": 8565551,
        "typical_volume": 7066123.55,
        "trend": 156.889333,
        "fair_value": 105.856987,
        "relative_strength": 12.605269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.474483,
        "energy": 78.535393,
        "activity_lines": [
          190.578667,
          182.751273,
          176.534,
          168.812108
        ]
      },
      {
        "date": "2025-09-26",
        "close": 202.0,
        "volume": 4202166,
        "typical_volume": 6983214.7,
        "trend": 159.403,
        "fair_value": 106.821218,
        "relative_strength": 19.822617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.5172,
        "energy": 83.125494,
        "activity_lines": [
          195.047333,
          187.356,
          179.403,
          171.722473
        ]
      },
      {
        "date": "2025-10-03",
        "close": 203.0,
        "volume": 4392083,
        "typical_volume": 6756436.05,
        "trend": 161.92,
        "fair_value": 107.777756,
        "relative_strength": 18.845795,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.513189,
        "energy": 76.371685,
        "activity_lines": [
          198.349333,
          191.652727,
          182.114048,
          174.535183
        ]
      },
      {
        "date": "2025-10-10",
        "close": 189.58,
        "volume": 4407587,
        "typical_volume": 6680877.3,
        "trend": 164.150333,
        "fair_value": 108.659295,
        "relative_strength": 13.584972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.090249,
        "energy": 52.112577,
        "activity_lines": [
          195.933333,
          192.600727,
          183.368286,
          176.319699
        ]
      },
      {
        "date": "2025-10-17",
        "close": 200.0,
        "volume": 4487831,
        "typical_volume": 6618357.5,
        "trend": 166.710333,
        "fair_value": 109.700962,
        "relative_strength": 17.624078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.537981,
        "energy": 52.994824,
        "activity_lines": [
          197.430667,
          194.870727,
          185.488238,
          178.632581
        ]
      },
      {
        "date": "2025-10-24",
        "close": 210.38,
        "volume": 5447234,
        "typical_volume": 6532598.15,
        "trend": 169.285,
        "fair_value": 110.762179,
        "relative_strength": 20.777325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.87005,
        "energy": 61.275784,
        "activity_lines": [
          201.909333,
          198.402182,
          188.448048,
          181.449978
        ]
      },
      {
        "date": "2025-10-31",
        "close": 206.49,
        "volume": 7365867,
        "typical_volume": 6362558.4,
        "trend": 172.156333,
        "fair_value": 111.818269,
        "relative_strength": 17.479553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.830268,
        "energy": 55.003315,
        "activity_lines": [
          203.742,
          200.528909,
          190.852048,
          183.850301
        ]
      },
      {
        "date": "2025-11-07",
        "close": 205.26,
        "volume": 4406631,
        "typical_volume": 5994920.1,
        "trend": 174.872,
        "fair_value": 112.853462,
        "relative_strength": 18.47663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.62822,
        "energy": 56.156127,
        "activity_lines": [
          204.865333,
          201.941273,
          192.938333,
          185.986022
        ]
      },
      {
        "date": "2025-11-14",
        "close": 192.91,
        "volume": 4303222,
        "typical_volume": 5862131.55,
        "trend": 177.242,
        "fair_value": 113.800897,
        "relative_strength": 11.034541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.073498,
        "energy": 44.429672,
        "activity_lines": [
          201.721333,
          200.727636,
          193.671048,
          187.149763
        ]
      },
      {
        "date": "2025-11-21",
        "close": 191.96,
        "volume": 5263454,
        "typical_volume": 5855168.8,
        "trend": 179.570667,
        "fair_value": 114.736218,
        "relative_strength": 12.256648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.976293,
        "energy": 28.689588,
        "activity_lines": [
          198.038667,
          199.400727,
          194.221476,
          188.099312
        ]
      },
      {
        "date": "2025-11-28",
        "close": 216.84,
        "volume": 6015758,
        "typical_volume": 5926837.4,
        "trend": 181.864333,
        "fair_value": 115.835962,
        "relative_strength": 21.586519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.385538,
        "energy": 40.623041,
        "activity_lines": [
          203.185333,
          202.613091,
          197.044,
          190.503785
        ]
      },
      {
        "date": "2025-12-05",
        "close": 210.0,
        "volume": 4149655,
        "typical_volume": 5827761.85,
        "trend": 183.903333,
        "fair_value": 116.901667,
        "relative_strength": 16.712025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.595497,
        "energy": 37.315779,
        "activity_lines": [
          205.621333,
          204.096364,
          199.019429,
          192.318989
        ]
      },
      {
        "date": "2025-12-12",
        "close": 199.4,
        "volume": 4701972,
        "typical_volume": 5255220.35,
        "trend": 185.034333,
        "fair_value": 117.895897,
        "relative_strength": 10.943572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.1006,
        "energy": 33.479404,
        "activity_lines": [
          204.29,
          203.506909,
          199.818952,
          193.318774
        ]
      },
      {
        "date": "2025-12-19",
        "close": 196.33,
        "volume": 4634804,
        "typical_volume": 5089670.85,
        "trend": 186.146,
        "fair_value": 118.855449,
        "relative_strength": 8.575311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.521585,
        "energy": 28.966596,
        "activity_lines": [
          202.326,
          202.424727,
          200.105238,
          194.047527
        ]
      },
      {
        "date": "2025-12-26",
        "close": 200.6,
        "volume": 2350182,
        "typical_volume": 5012396.05,
        "trend": 187.207,
        "fair_value": 119.82859,
        "relative_strength": 8.799756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.172623,
        "energy": 20.305099,
        "activity_lines": [
          201.557333,
          201.996182,
          200.616095,
          194.980043
        ]
      },
      {
        "date": "2026-01-02",
        "close": 199.45,
        "volume": 2930459,
        "typical_volume": 4928629.95,
        "trend": 188.14,
        "fair_value": 120.773397,
        "relative_strength": 8.66251,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.765602,
        "energy": 16.500058,
        "activity_lines": [
          199.829333,
          201.347636,
          200.850667,
          195.769914
        ]
      },
      {
        "date": "2026-01-09",
        "close": 201.2,
        "volume": 4132294,
        "typical_volume": 4871809.8,
        "trend": 189.367667,
        "fair_value": 121.731538,
        "relative_strength": 7.380653,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.99542,
        "energy": 14.776086,
        "activity_lines": [
          199.844,
          201.216,
          201.121286,
          196.612495
        ]
      },
      {
        "date": "2026-01-16",
        "close": 196.74,
        "volume": 3855871,
        "typical_volume": 4827778.2,
        "trend": 190.325333,
        "fair_value": 122.662308,
        "relative_strength": 4.896203,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.519924,
        "energy": 9.3004,
        "activity_lines": [
          198.958667,
          200.369636,
          200.86381,
          197.088129
        ]
      },
      {
        "date": "2026-01-23",
        "close": 188.78,
        "volume": 3262959,
        "typical_volume": 4802088.0,
        "trend": 190.830333,
        "fair_value": 123.534038,
        "relative_strength": 0.662332,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.543297,
        "energy": 8.540044,
        "activity_lines": [
          195.597333,
          198.230909,
          199.789143,
          196.98843
        ]
      },
      {
        "date": "2026-01-30",
        "close": 189.28,
        "volume": 4517935,
        "typical_volume": 4669675.75,
        "trend": 191.423,
        "fair_value": 124.382308,
        "relative_strength": 0.269286,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.302868,
        "energy": 15.409285,
        "activity_lines": [
          192.906,
          196.258182,
          198.797333,
          196.888409
        ]
      },
      {
        "date": "2026-02-06",
        "close": 201.37,
        "volume": 5858060,
        "typical_volume": 4534301.2,
        "trend": 192.277,
        "fair_value": 125.297179,
        "relative_strength": 6.469394,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.384872,
        "energy": 13.739875,
        "activity_lines": [
          194.999333,
          196.532364,
          198.97381,
          197.530151
        ]
      },
      {
        "date": "2026-02-13",
        "close": 231.1,
        "volume": 9808241,
        "typical_volume": 4814604.95,
        "trend": 194.145,
        "fair_value": 126.385256,
        "relative_strength": 22.762888,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 67.989848,
        "energy": 41.199712,
        "activity_lines": [
          206.874667,
          202.493273,
          201.928238,
          200.03486
        ]
      },
      {
        "date": "2026-02-20",
        "close": 229.9,
        "volume": 4025177,
        "typical_volume": 4796259.65,
        "trend": 196.707667,
        "fair_value": 127.47891,
        "relative_strength": 19.806181,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 71.41694,
        "energy": 67.082693,
        "activity_lines": [
          216.356667,
          207.852364,
          204.62981,
          202.341634
        ]
      },
      {
        "date": "2026-02-27",
        "close": 239.39,
        "volume": 4114686,
        "typical_volume": 4781614.6,
        "trend": 199.417667,
        "fair_value": 128.621154,
        "relative_strength": 24.231976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.224003,
        "energy": 84.011828,
        "activity_lines": [
          226.791333,
          214.382364,
          208.107095,
          205.095333
        ]
      },
      {
        "date": "2026-03-06",
        "close": 236.95,
        "volume": 4879238,
        "typical_volume": 4801184.95,
        "trend": 201.796667,
        "fair_value": 129.803013,
        "relative_strength": 24.36118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.893566,
        "energy": 84.309557,
        "activity_lines": [
          233.038667,
          219.685818,
          211.11481,
          207.516774
        ]
      },
      {
        "date": "2026-03-13",
        "close": 227.63,
        "volume": 5464349,
        "typical_volume": 4802040.7,
        "trend": 203.650333,
        "fair_value": 130.909231,
        "relative_strength": 20.284189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.587899,
        "energy": 78.292455,
        "activity_lines": [
          233.001333,
          222.633818,
          213.058952,
          209.183441
        ]
      },
      {
        "date": "2026-03-20",
        "close": 200.35,
        "volume": 6323530,
        "typical_volume": 4749923.85,
        "trend": 204.345333,
        "fair_value": 131.844231,
        "relative_strength": 7.177067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.859468,
        "energy": 35.172686,
        "activity_lines": [
          222.12,
          220.109455,
          212.322857,
          208.970516
        ]
      },
      {
        "date": "2026-03-27",
        "close": 191.86,
        "volume": 3816278,
        "typical_volume": 4720406.2,
        "trend": 204.596333,
        "fair_value": 132.693205,
        "relative_strength": 4.559003,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 11.39362,
        "energy": 11.651541,
        "activity_lines": [
          210.458667,
          216.056909,
          210.807429,
          208.165011
        ]
      },
      {
        "date": "2026-04-03",
        "close": 188.17,
        "volume": 3885704,
        "typical_volume": 4699530.3,
        "trend": 204.329333,
        "fair_value": 133.508333,
        "relative_strength": -1.153482,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -16.695023,
        "energy": 26.940608,
        "activity_lines": [
          200.103333,
          211.422182,
          209.004381,
          207.105247
        ]
      },
      {
        "date": "2026-04-10",
        "close": 195.24,
        "volume": 6284278,
        "typical_volume": 4750571.5,
        "trend": 204.41,
        "fair_value": 134.344679,
        "relative_strength": -1.351756,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -9.303931,
        "energy": 27.82284,
        "activity_lines": [
          195.519333,
          208.084,
          207.897238,
          206.518839
        ]
      },
      {
        "date": "2026-04-17",
        "close": 196.64,
        "volume": 5311467,
        "typical_volume": 4715356.95,
        "trend": 204.626667,
        "fair_value": 135.16359,
        "relative_strength": -5.205,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.532406,
        "energy": 29.541493,
        "activity_lines": [
          194.182667,
          204.892,
          206.90781,
          206.017548
        ]
      },
      {
        "date": "2026-04-24",
        "close": 180.81,
        "volume": 8294796,
        "typical_volume": 4922614.0,
        "trend": 203.920333,
        "fair_value": 135.852628,
        "relative_strength": -13.465212,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.353599,
        "energy": 44.537894,
        "activity_lines": [
          189.635333,
          198.907818,
          204.506952,
          204.480989
        ]
      },
      {
        "date": "2026-05-01",
        "close": 183.27,
        "volume": 11447652,
        "typical_volume": 5259898.0,
        "trend": 203.262667,
        "fair_value": 136.582885,
        "relative_strength": -13.048165,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.714948,
        "energy": 48.5943,
        "activity_lines": [
          187.210667,
          194.285273,
          202.479381,
          203.14871
        ]
      },
      {
        "date": "2026-05-08",
        "close": 190.38,
        "volume": 8088909,
        "typical_volume": 5432603.25,
        "trend": 203.289333,
        "fair_value": 137.357179,
        "relative_strength": -11.702695,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.814699,
        "energy": 38.819398,
        "activity_lines": [
          187.728667,
          191.803273,
          201.205762,
          202.31757
        ]
      },
      {
        "date": "2026-05-15",
        "close": 196.66,
        "volume": 6545471,
        "typical_volume": 5642367.7,
        "trend": 203.178,
        "fair_value": 138.150641,
        "relative_strength": -8.887728,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.080204,
        "energy": 35.51471,
        "activity_lines": [
          190.192667,
          191.354182,
          200.558571,
          201.889871
        ]
      },
      {
        "date": "2026-05-22",
        "close": 173.78,
        "volume": 7564913,
        "typical_volume": 5874090.4,
        "trend": 201.958,
        "fair_value": 138.814038,
        "relative_strength": -19.914467,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.519641,
        "energy": 42.237527,
        "activity_lines": [
          184.935333,
          187.477636,
          197.751095,
          199.993226
        ]
      },
      {
        "date": "2026-05-29",
        "close": 175.32,
        "volume": 5268291,
        "typical_volume": 5930890.25,
        "trend": 200.919,
        "fair_value": 139.459808,
        "relative_strength": -20.056789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.12809,
        "energy": 43.742467,
        "activity_lines": [
          181.715333,
          184.860182,
          195.212524,
          198.274645
        ]
      },
      {
        "date": "2026-06-05",
        "close": 162.06,
        "volume": 8490333,
        "typical_volume": 6162613.35,
        "trend": 199.479,
        "fair_value": 140.031923,
        "relative_strength": -23.854277,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.825854,
        "energy": 64.246269,
        "activity_lines": [
          174.441333,
          180.286909,
          191.534333,
          195.767613
        ]
      },
      {
        "date": "2026-06-12",
        "close": 174.66,
        "volume": 6739260,
        "typical_volume": 6336428.4,
        "trend": 198.870667,
        "fair_value": 140.648782,
        "relative_strength": -18.16411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.23408,
        "energy": 63.322271,
        "activity_lines": [
          172.781333,
          178.546364,
          189.221286,
          194.166387
        ]
      },
      {
        "date": "2026-06-19",
        "close": 172.57,
        "volume": 6729306,
        "typical_volume": 6446996.95,
        "trend": 198.224333,
        "fair_value": 141.253718,
        "relative_strength": -19.594482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.113713,
        "energy": 61.934562,
        "activity_lines": [
          171.472667,
          176.671455,
          186.776429,
          192.46957
        ]
      },
      {
        "date": "2026-06-26",
        "close": 189.0,
        "volume": 5500736,
        "typical_volume": 6429130.75,
        "trend": 197.296333,
        "fair_value": 141.94359,
        "relative_strength": -9.636525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.782428,
        "energy": 37.487023,
        "activity_lines": [
          177.246667,
          178.196,
          185.975905,
          191.874452
        ]
      },
      {
        "date": "2026-07-03",
        "close": 203.72,
        "volume": 5533243,
        "typical_volume": 6215380.85,
        "trend": 197.087,
        "fair_value": 142.736282,
        "relative_strength": -4.639708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.661509,
        "energy": 13.462893,
        "activity_lines": [
          186.912667,
          182.535818,
          186.63619,
          192.288882
        ]
      },
      {
        "date": "2026-07-10",
        "close": 204.25,
        "volume": 4416327,
        "typical_volume": 6234938.35,
        "trend": 197.248667,
        "fair_value": 143.520577,
        "relative_strength": -5.588485,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.584319,
        "energy": 17.717613,
        "activity_lines": [
          194.862,
          186.555455,
          187.477333,
          192.751011
        ]
      },
      {
        "date": "2026-07-17",
        "close": 194.91,
        "volume": 8131000,
        "typical_volume": 6435754.05,
        "trend": 197.201333,
        "fair_value": 144.277885,
        "relative_strength": -8.370688,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.137632,
        "energy": 20.481185,
        "activity_lines": [
          196.885333,
          188.495455,
          187.551095,
          192.600129
        ]
      },
      {
        "date": "2026-07-24",
        "close": 233.2,
        "volume": 9015726,
        "typical_volume": 6642578.45,
        "trend": 198.288,
        "fair_value": 145.29609,
        "relative_strength": 9.740205,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.104171,
        "energy": 43.59039,
        "activity_lines": [
          210.322,
          197.314909,
          191.483333,
          194.922624
        ]
      },
      {
        "date": "2026-07-31",
        "close": 254.78,
        "volume": 7659842,
        "typical_volume": 6752353.1,
        "trend": 200.132333,
        "fair_value": 146.451859,
        "relative_strength": 17.933193,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 50.554658,
        "energy": 69.594825,
        "activity_lines": [
          226.91,
          209.393636,
          197.488667,
          198.567269
        ]
      },
      {
        "date": "2026-08-07",
        "close": 262.13,
        "volume": 4701533,
        "typical_volume": 6671253.25,
        "trend": 202.163333,
        "fair_value": 147.658846,
        "relative_strength": 16.628111,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.24877,
        "energy": 88.933831,
        "activity_lines": [
          241.562667,
          221.336,
          204.064714,
          202.567118
        ]
      }
    ],
    "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."
    }
  }
}