{
  "ticker": {
    "uuid": "b6e7efde-e487-4a70-b6fd-314a329a3beb",
    "symbol": "VA",
    "name": "Vanguard FTSE Developed Asia Pacific All Cap Index ETF",
    "exchange": "TOR",
    "country": "CA",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GSPTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 90.184,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 33.08,
    "architecture_energy": 26.023,
    "architecture_maturity": 64.577,
    "architecture_confidence": 84.727,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 44.65,
        "rotation_up": 25.48,
        "upward_expansion": 57.21,
        "deceleration": 88.3,
        "rotation_down": 34.62,
        "downward_expansion": 18.55
      },
      "activity_lines": [
        59.624001,
        60.538298,
        60.116871,
        58.731151
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 60.900002,
    "trend_reference": 56.930989,
    "distance_from_trend": 0.069716,
    "trend_direction": "Improving",
    "fair_value": 42.332152,
    "distance_from_fair_value": 0.438623,
    "fair_value_direction": "Weakening",
    "relative_strength": 3.116227,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.132479,
    "excess_performance": 0.012058,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.069716,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.080819,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.438623,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.057458,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.031162,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.082845,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.132479,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.691558,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 30100,
      "relative_activity": 0.53659,
      "balance": 0.691558,
      "dry_up": 1.054907,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.045657,
      "annualized_volatility": 0.284059,
      "from_high_reference": -0.068665,
      "from_low_reference": 0.383114
    },
    "levels": {
      "trend_reference": 56.930989,
      "fair_value_reference": 42.332152,
      "structural_low": 50.108855,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.016713,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": 0.001751,
        "regime_survival": 0.444444,
        "best_return": 0.082527,
        "worst_return": -0.011588,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.02747,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.006434,
        "regime_survival": 0.0,
        "best_return": 0.230512,
        "worst_return": -0.034978,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.039555,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.015391,
        "regime_survival": 0.0,
        "best_return": 0.0463,
        "worst_return": 0.039473,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.115101,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.003087,
        "regime_survival": 0.0,
        "best_return": 0.152849,
        "worst_return": 0.077352,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-01",
        "end": "2023-12-08",
        "tenure": "New",
        "return": -0.001412,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-15",
        "end": "2024-04-19",
        "tenure": "Established",
        "return": 0.058547,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-26",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.035514,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.022049,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.069926,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.023529,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-08",
        "end": "2025-01-31",
        "tenure": "Established",
        "return": 0.025734,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.003271,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.122108,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.002954,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.25154,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.11506,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.068868,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.036596,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 32.082165,
        "volume": 9681,
        "typical_volume": 7185.7,
        "trend": 32.461431,
        "fair_value": 32.059159,
        "relative_strength": 3.602155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 15.73157,
        "energy": 10.443767,
        "activity_lines": [
          32.802844,
          32.883534,
          32.835029,
          32.666928
        ]
      },
      {
        "date": "2023-08-25",
        "close": 32.458824,
        "volume": 4490,
        "typical_volume": 7065.9,
        "trend": 32.455646,
        "fair_value": 32.07979,
        "relative_strength": 4.512864,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.063812,
        "energy": 13.34568,
        "activity_lines": [
          32.621418,
          32.806723,
          32.81144,
          32.66676
        ]
      },
      {
        "date": "2023-09-01",
        "close": 33.45697,
        "volume": 4690,
        "typical_volume": 6172.7,
        "trend": 32.489649,
        "fair_value": 32.108489,
        "relative_strength": 3.810341,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.013405,
        "energy": 21.999233,
        "activity_lines": [
          32.819162,
          32.92811,
          32.880144,
          32.731361
        ]
      },
      {
        "date": "2023-09-08",
        "close": 33.494644,
        "volume": 698,
        "typical_volume": 6057.9,
        "trend": 32.534529,
        "fair_value": 32.13498,
        "relative_strength": 6.071444,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.68628,
        "energy": 22.423711,
        "activity_lines": [
          33.051437,
          33.031692,
          32.946201,
          32.7962
        ]
      },
      {
        "date": "2023-09-15",
        "close": 33.607643,
        "volume": 3594,
        "typical_volume": 5913.2,
        "trend": 32.594348,
        "fair_value": 32.158968,
        "relative_strength": 3.388778,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.73916,
        "energy": 51.120078,
        "activity_lines": [
          33.292501,
          33.141266,
          33.017981,
          32.865433
        ]
      },
      {
        "date": "2023-09-22",
        "close": 32.675411,
        "volume": 6986,
        "typical_volume": 6132.75,
        "trend": 32.643886,
        "fair_value": 32.178928,
        "relative_strength": 4.606723,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.837957,
        "energy": 39.065862,
        "activity_lines": [
          33.177622,
          33.057717,
          32.995001,
          32.870663
        ]
      },
      {
        "date": "2023-09-29",
        "close": 32.22625,
        "volume": 16466,
        "typical_volume": 6836.3,
        "trend": 32.655175,
        "fair_value": 32.19498,
        "relative_strength": 4.226494,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.364376,
        "energy": 3.528421,
        "activity_lines": [
          32.873472,
          32.904144,
          32.928152,
          32.843718
        ]
      },
      {
        "date": "2023-10-06",
        "close": 31.989223,
        "volume": 3892,
        "typical_volume": 6536.85,
        "trend": 32.647392,
        "fair_value": 32.207998,
        "relative_strength": 4.838043,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.143925,
        "energy": 30.05405,
        "activity_lines": [
          32.505819,
          32.724374,
          32.840618,
          32.800754
        ]
      },
      {
        "date": "2023-10-13",
        "close": 32.150406,
        "volume": 2495,
        "typical_volume": 6571.8,
        "trend": 32.677877,
        "fair_value": 32.223227,
        "relative_strength": 3.991701,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.819784,
        "energy": 39.061884,
        "activity_lines": [
          32.289742,
          32.606588,
          32.772518,
          32.76869
        ]
      },
      {
        "date": "2023-10-20",
        "close": 31.657389,
        "volume": 5489,
        "typical_volume": 6536.9,
        "trend": 32.668963,
        "fair_value": 32.234454,
        "relative_strength": 3.993406,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.392493,
        "energy": 63.268212,
        "activity_lines": [
          31.998943,
          32.415728,
          32.65936,
          32.702852
        ]
      },
      {
        "date": "2023-10-27",
        "close": 31.249699,
        "volume": 3194,
        "typical_volume": 6496.95,
        "trend": 32.636548,
        "fair_value": 32.246657,
        "relative_strength": 4.402448,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -81.380131,
        "energy": 81.680427,
        "activity_lines": [
          31.702264,
          32.173875,
          32.513439,
          32.611287
        ]
      },
      {
        "date": "2023-11-03",
        "close": 33.183842,
        "volume": 6487,
        "typical_volume": 6092.75,
        "trend": 32.680103,
        "fair_value": 32.263016,
        "relative_strength": 4.492835,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.160277,
        "energy": 39.294032,
        "activity_lines": [
          32.145347,
          32.29882,
          32.56057,
          32.646596
        ]
      },
      {
        "date": "2023-11-10",
        "close": 32.643429,
        "volume": 799,
        "typical_volume": 5873.2,
        "trend": 32.696631,
        "fair_value": 32.267724,
        "relative_strength": 3.460187,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.087864,
        "energy": 23.918003,
        "activity_lines": [
          32.344453,
          32.312325,
          32.557159,
          32.64423
        ]
      },
      {
        "date": "2023-11-17",
        "close": 33.61998,
        "volume": 18264,
        "typical_volume": 6576.8,
        "trend": 32.736077,
        "fair_value": 32.27544,
        "relative_strength": 3.588262,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.14975,
        "energy": 18.076141,
        "activity_lines": [
          32.825462,
          32.518177,
          32.644169,
          32.703801
        ]
      },
      {
        "date": "2023-11-24",
        "close": 33.534653,
        "volume": 2395,
        "typical_volume": 6332.3,
        "trend": 32.775475,
        "fair_value": 32.279189,
        "relative_strength": 3.479553,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.9311,
        "energy": 31.198836,
        "activity_lines": [
          33.180057,
          32.706237,
          32.718645,
          32.755322
        ]
      },
      {
        "date": "2023-12-01",
        "close": 33.572571,
        "volume": 6487,
        "typical_volume": 6287.4,
        "trend": 32.81303,
        "fair_value": 32.284919,
        "relative_strength": 1.65045,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.594368,
        "energy": 48.395045,
        "activity_lines": [
          33.42214,
          32.902517,
          32.790892,
          32.806747
        ]
      },
      {
        "date": "2023-12-08",
        "close": 33.525166,
        "volume": 3792,
        "typical_volume": 6062.85,
        "trend": 32.843099,
        "fair_value": 32.290402,
        "relative_strength": 1.998656,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 62.719573,
        "energy": 65.743298,
        "activity_lines": [
          33.493564,
          33.073867,
          32.857401,
          32.852692
        ]
      },
      {
        "date": "2023-12-15",
        "close": 33.582047,
        "volume": 3692,
        "typical_volume": 5828.25,
        "trend": 32.867606,
        "fair_value": 32.293725,
        "relative_strength": 1.126212,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.909848,
        "energy": 64.229935,
        "activity_lines": [
          33.561193,
          33.231941,
          32.927567,
          32.900366
        ]
      },
      {
        "date": "2023-12-22",
        "close": 34.018188,
        "volume": 8882,
        "typical_volume": 5888.1,
        "trend": 32.916596,
        "fair_value": 32.299957,
        "relative_strength": 0.645403,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.123539,
        "energy": 69.990576,
        "activity_lines": [
          33.711628,
          33.440354,
          33.040245,
          32.974597
        ]
      },
      {
        "date": "2023-12-29",
        "close": 34.48975,
        "volume": 1797,
        "typical_volume": 5713.5,
        "trend": 32.968562,
        "fair_value": 32.305737,
        "relative_strength": 1.593165,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.637341,
        "energy": 76.477518,
        "activity_lines": [
          33.992703,
          33.700546,
          33.193278,
          33.076091
        ]
      },
      {
        "date": "2024-01-05",
        "close": 34.212452,
        "volume": 2295,
        "typical_volume": 5344.2,
        "trend": 33.005381,
        "fair_value": 32.301721,
        "relative_strength": 0.783933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.224456,
        "energy": 76.066545,
        "activity_lines": [
          34.117672,
          33.858822,
          33.312472,
          33.156342
        ]
      },
      {
        "date": "2024-01-12",
        "close": 34.958275,
        "volume": 20060,
        "typical_volume": 6122.7,
        "trend": 33.058047,
        "fair_value": 32.305084,
        "relative_strength": 2.584332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.089547,
        "energy": 87.142982,
        "activity_lines": [
          34.44859,
          34.098834,
          33.492553,
          33.282335
        ]
      },
      {
        "date": "2024-01-19",
        "close": 34.441936,
        "volume": 12973,
        "typical_volume": 6536.85,
        "trend": 33.136079,
        "fair_value": 32.302765,
        "relative_strength": 1.385434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.564575,
        "energy": 74.923037,
        "activity_lines": [
          34.511855,
          34.212704,
          33.611556,
          33.371618
        ]
      },
      {
        "date": "2024-01-26",
        "close": 34.594933,
        "volume": 10180,
        "typical_volume": 7010.95,
        "trend": 33.199436,
        "fair_value": 32.308486,
        "relative_strength": 0.706849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.773275,
        "energy": 65.970044,
        "activity_lines": [
          34.568793,
          34.321692,
          33.740441,
          33.465738
        ]
      },
      {
        "date": "2024-02-02",
        "close": 35.044334,
        "volume": 12874,
        "typical_volume": 7474.95,
        "trend": 33.290642,
        "fair_value": 32.310028,
        "relative_strength": 2.089508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.179854,
        "energy": 83.711434,
        "activity_lines": [
          34.737081,
          34.494662,
          33.906885,
          33.584763
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.120831,
        "volume": 6786,
        "typical_volume": 7464.95,
        "trend": 33.350812,
        "fair_value": 32.308052,
        "relative_strength": 2.544387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.06216,
        "energy": 80.077836,
        "activity_lines": [
          34.893896,
          34.654092,
          34.073774,
          33.70284
        ]
      },
      {
        "date": "2024-02-16",
        "close": 35.646729,
        "volume": 8582,
        "typical_volume": 7070.75,
        "trend": 33.433848,
        "fair_value": 32.310972,
        "relative_strength": 2.722221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.87714,
        "energy": 92.284771,
        "activity_lines": [
          35.165452,
          34.88099,
          34.279104,
          33.850964
        ]
      },
      {
        "date": "2024-02-23",
        "close": 36.153515,
        "volume": 29341,
        "typical_volume": 8343.2,
        "trend": 33.512746,
        "fair_value": 32.323916,
        "relative_strength": 3.238513,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.685313,
        "energy": 94.963103,
        "activity_lines": [
          35.560039,
          35.161457,
          34.516411,
          34.026426
        ]
      },
      {
        "date": "2024-03-01",
        "close": 36.727226,
        "volume": 12873,
        "typical_volume": 8862.1,
        "trend": 33.634938,
        "fair_value": 32.340087,
        "relative_strength": 4.010121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.416554,
        "energy": 96.218343,
        "activity_lines": [
          36.031758,
          35.499481,
          34.788527,
          34.233812
        ]
      },
      {
        "date": "2024-03-08",
        "close": 37.147957,
        "volume": 73154,
        "typical_volume": 12245.35,
        "trend": 33.775548,
        "fair_value": 32.361438,
        "relative_strength": 4.208611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.419874,
        "energy": 96.469603,
        "activity_lines": [
          36.501568,
          35.864746,
          35.078919,
          34.460458
        ]
      },
      {
        "date": "2024-03-15",
        "close": 36.58382,
        "volume": 9780,
        "typical_volume": 12574.65,
        "trend": 33.925603,
        "fair_value": 32.3746,
        "relative_strength": 2.025735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.366384,
        "energy": 86.992877,
        "activity_lines": [
          36.643091,
          36.07911,
          35.289437,
          34.641637
        ]
      },
      {
        "date": "2024-03-22",
        "close": 37.590717,
        "volume": 40020,
        "typical_volume": 14251.3,
        "trend": 34.096666,
        "fair_value": 32.394837,
        "relative_strength": 4.101622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.927655,
        "energy": 89.884862,
        "activity_lines": [
          37.022714,
          36.43343,
          35.57045,
          34.878096
        ]
      },
      {
        "date": "2024-03-29",
        "close": 37.389339,
        "volume": 10081,
        "typical_volume": 14715.4,
        "trend": 34.227745,
        "fair_value": 32.4141,
        "relative_strength": 2.589168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.323776,
        "energy": 79.289506,
        "activity_lines": [
          37.205611,
          36.703274,
          35.811299,
          35.090527
        ]
      },
      {
        "date": "2024-04-05",
        "close": 36.986591,
        "volume": 8883,
        "typical_volume": 14246.35,
        "trend": 34.344143,
        "fair_value": 32.428971,
        "relative_strength": 0.942255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.34557,
        "energy": 66.361844,
        "activity_lines": [
          37.171871,
          36.846301,
          35.991191,
          35.268517
        ]
      },
      {
        "date": "2024-04-12",
        "close": 36.804382,
        "volume": 15269,
        "typical_volume": 14890.05,
        "trend": 34.450701,
        "fair_value": 32.440525,
        "relative_strength": 1.975131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.494441,
        "energy": 64.806752,
        "activity_lines": [
          37.060103,
          36.912715,
          36.137699,
          35.427242
        ]
      },
      {
        "date": "2024-04-19",
        "close": 35.548168,
        "volume": 4092,
        "typical_volume": 14770.3,
        "trend": 34.54646,
        "fair_value": 32.446119,
        "relative_strength": -1.159468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.138931,
        "energy": 45.269257,
        "activity_lines": [
          36.552502,
          36.718725,
          36.148997,
          35.498046
        ]
      },
      {
        "date": "2024-04-26",
        "close": 35.912563,
        "volume": 7685,
        "typical_volume": 14964.95,
        "trend": 34.669337,
        "fair_value": 32.461967,
        "relative_strength": -0.958985,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.354871,
        "energy": 29.924497,
        "activity_lines": [
          36.23541,
          36.583219,
          36.185592,
          35.586182
        ]
      },
      {
        "date": "2024-05-03",
        "close": 36.976994,
        "volume": 15768,
        "typical_volume": 15568.75,
        "trend": 34.835596,
        "fair_value": 32.481754,
        "relative_strength": 1.952734,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.108902,
        "energy": 31.397111,
        "activity_lines": [
          36.385005,
          36.636413,
          36.312192,
          35.735063
        ]
      },
      {
        "date": "2024-05-10",
        "close": 36.737259,
        "volume": 19861,
        "typical_volume": 16117.7,
        "trend": 34.988491,
        "fair_value": 32.506282,
        "relative_strength": -0.40655,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.731888,
        "energy": 26.214738,
        "activity_lines": [
          36.482179,
          36.631047,
          36.399795,
          35.857751
        ]
      },
      {
        "date": "2024-05-17",
        "close": 37.187962,
        "volume": 13972,
        "typical_volume": 16726.45,
        "trend": 35.172844,
        "fair_value": 32.533643,
        "relative_strength": 0.064877,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.007899,
        "energy": 44.224118,
        "activity_lines": [
          36.746208,
          36.707444,
          36.517373,
          35.999652
        ]
      },
      {
        "date": "2024-05-24",
        "close": 36.804382,
        "volume": 2196,
        "typical_volume": 16721.5,
        "trend": 35.358,
        "fair_value": 32.555378,
        "relative_strength": -0.343448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.952409,
        "energy": 45.110929,
        "activity_lines": [
          36.856806,
          36.713371,
          36.585572,
          36.104913
        ]
      },
      {
        "date": "2024-05-31",
        "close": 36.574234,
        "volume": 7186,
        "typical_volume": 16077.8,
        "trend": 35.471013,
        "fair_value": 32.572187,
        "relative_strength": -0.733796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.829256,
        "energy": 39.197038,
        "activity_lines": [
          36.80694,
          36.673444,
          36.619509,
          36.183379
        ]
      },
      {
        "date": "2024-06-07",
        "close": 37.053707,
        "volume": 11277,
        "typical_volume": 15993.0,
        "trend": 35.618022,
        "fair_value": 32.592183,
        "relative_strength": 1.742403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.306934,
        "energy": 41.578827,
        "activity_lines": [
          36.872787,
          36.739175,
          36.691415,
          36.285489
        ]
      },
      {
        "date": "2024-06-14",
        "close": 36.574234,
        "volume": 23253,
        "typical_volume": 16646.65,
        "trend": 35.716497,
        "fair_value": 32.608596,
        "relative_strength": 2.110458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.580893,
        "energy": 28.781556,
        "activity_lines": [
          36.773695,
          36.723831,
          36.70522,
          36.34718
        ]
      },
      {
        "date": "2024-06-21",
        "close": 36.26284,
        "volume": 44013,
        "typical_volume": 18203.6,
        "trend": 35.807437,
        "fair_value": 32.621656,
        "relative_strength": 1.602082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.59789,
        "energy": 10.716046,
        "activity_lines": [
          36.581674,
          36.659368,
          36.679943,
          36.382428
        ]
      },
      {
        "date": "2024-06-28",
        "close": 36.957047,
        "volume": 10179,
        "typical_volume": 18373.25,
        "trend": 35.920253,
        "fair_value": 32.640576,
        "relative_strength": 1.948504,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.764971,
        "energy": 21.049539,
        "activity_lines": [
          36.68273,
          36.73097,
          36.714978,
          36.456596
        ]
      },
      {
        "date": "2024-07-05",
        "close": 37.506634,
        "volume": 7485,
        "typical_volume": 18318.4,
        "trend": 36.052968,
        "fair_value": 32.660685,
        "relative_strength": 2.520701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.638219,
        "energy": 34.093009,
        "activity_lines": [
          36.956804,
          36.876881,
          36.793612,
          36.558943
        ]
      },
      {
        "date": "2024-07-12",
        "close": 38.441883,
        "volume": 47705,
        "typical_volume": 19236.6,
        "trend": 36.214963,
        "fair_value": 32.686105,
        "relative_strength": 2.168625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.89707,
        "energy": 67.698186,
        "activity_lines": [
          37.480467,
          37.163854,
          36.95246,
          36.713067
        ]
      },
      {
        "date": "2024-07-19",
        "close": 37.747677,
        "volume": 17165,
        "typical_volume": 19451.2,
        "trend": 36.339279,
        "fair_value": 32.706676,
        "relative_strength": 0.190842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.053543,
        "energy": 72.099436,
        "activity_lines": [
          37.680184,
          37.297974,
          37.034296,
          36.811952
        ]
      },
      {
        "date": "2024-07-26",
        "close": 37.525913,
        "volume": 8283,
        "typical_volume": 16207.65,
        "trend": 36.440484,
        "fair_value": 32.730211,
        "relative_strength": -0.938841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.218085,
        "energy": 69.819406,
        "activity_lines": [
          37.727749,
          37.373402,
          37.090152,
          36.888509
        ]
      },
      {
        "date": "2024-08-02",
        "close": 35.99287,
        "volume": 34032,
        "typical_volume": 17420.25,
        "trend": 36.499832,
        "fair_value": 32.739648,
        "relative_strength": -2.459335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.664803,
        "energy": 22.34681,
        "activity_lines": [
          37.180096,
          37.16395,
          36.998205,
          36.85963
        ]
      },
      {
        "date": "2024-08-09",
        "close": 35.935013,
        "volume": 17166,
        "typical_volume": 16277.55,
        "trend": 36.53239,
        "fair_value": 32.748941,
        "relative_strength": -2.978118,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.17847,
        "energy": 12.664044,
        "activity_lines": [
          36.677435,
          36.958734,
          36.903562,
          36.82319
        ]
      },
      {
        "date": "2024-08-16",
        "close": 37.545193,
        "volume": 10180,
        "typical_volume": 16282.5,
        "trend": 36.635832,
        "fair_value": 32.770721,
        "relative_strength": -1.910029,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.069831,
        "energy": 23.003284,
        "activity_lines": [
          36.816275,
          37.057899,
          36.970153,
          36.888532
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.277977,
        "volume": 3793,
        "typical_volume": 16028.0,
        "trend": 36.7586,
        "fair_value": 32.795603,
        "relative_strength": -0.998297,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.746964,
        "energy": 23.638141,
        "activity_lines": [
          37.259157,
          37.281362,
          37.105791,
          36.994477
        ]
      },
      {
        "date": "2024-08-30",
        "close": 38.220127,
        "volume": 4890,
        "typical_volume": 15509.05,
        "trend": 36.864459,
        "fair_value": 32.813335,
        "relative_strength": -1.412283,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.669662,
        "energy": 43.268607,
        "activity_lines": [
          37.647401,
          37.46333,
          37.22977,
          37.088769
        ]
      },
      {
        "date": "2024-09-06",
        "close": 36.638866,
        "volume": 40918,
        "typical_volume": 17350.35,
        "trend": 36.915061,
        "fair_value": 32.817628,
        "relative_strength": -3.080433,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.031522,
        "energy": 29.526356,
        "activity_lines": [
          37.462278,
          37.322209,
          37.196411,
          37.074215
        ]
      },
      {
        "date": "2024-09-13",
        "close": 37.747677,
        "volume": 6388,
        "typical_volume": 17285.5,
        "trend": 36.985092,
        "fair_value": 32.828972,
        "relative_strength": -3.451442,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.946483,
        "energy": 40.814287,
        "activity_lines": [
          37.603692,
          37.388475,
          37.26346,
          37.127932
        ]
      },
      {
        "date": "2024-09-20",
        "close": 38.447807,
        "volume": 14072,
        "typical_volume": 17200.7,
        "trend": 37.061569,
        "fair_value": 32.84731,
        "relative_strength": -2.84518,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.398176,
        "energy": 48.041664,
        "activity_lines": [
          37.857638,
          37.577654,
          37.388448,
          37.222301
        ]
      },
      {
        "date": "2024-09-27",
        "close": 38.728947,
        "volume": 12375,
        "typical_volume": 16826.4,
        "trend": 37.128293,
        "fair_value": 32.875499,
        "relative_strength": -2.463179,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.596176,
        "energy": 45.150972,
        "activity_lines": [
          38.145124,
          37.817842,
          37.533209,
          37.329874
        ]
      },
      {
        "date": "2024-10-04",
        "close": 38.903442,
        "volume": 3992,
        "typical_volume": 16327.4,
        "trend": 37.186809,
        "fair_value": 32.91152,
        "relative_strength": -2.800308,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.38287,
        "energy": 63.380645,
        "activity_lines": [
          38.460709,
          38.071915,
          37.685103,
          37.444399
        ]
      },
      {
        "date": "2024-10-11",
        "close": 38.971298,
        "volume": 6189,
        "typical_volume": 16527.05,
        "trend": 37.266391,
        "fair_value": 32.945451,
        "relative_strength": -3.791582,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.481209,
        "energy": 68.432975,
        "activity_lines": [
          38.753359,
          38.31328,
          37.835291,
          37.559528
        ]
      },
      {
        "date": "2024-10-18",
        "close": 38.709557,
        "volume": 3593,
        "typical_volume": 16347.4,
        "trend": 37.303686,
        "fair_value": 32.978508,
        "relative_strength": -5.684288,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.562822,
        "energy": 64.33874,
        "activity_lines": [
          38.803267,
          38.452902,
          37.950233,
          37.652635
        ]
      },
      {
        "date": "2024-10-25",
        "close": 37.575314,
        "volume": 5489,
        "typical_volume": 16058.0,
        "trend": 37.309885,
        "fair_value": 33.004524,
        "relative_strength": -6.962473,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.048837,
        "energy": 34.165901,
        "activity_lines": [
          38.410968,
          38.335852,
          37.946983,
          37.67016
        ]
      },
      {
        "date": "2024-11-01",
        "close": 37.817677,
        "volume": 13173,
        "typical_volume": 15554.0,
        "trend": 37.337588,
        "fair_value": 33.027502,
        "relative_strength": -5.431116,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.084483,
        "energy": 22.125279,
        "activity_lines": [
          38.157623,
          38.262321,
          37.964332,
          37.70292
        ]
      },
      {
        "date": "2024-11-08",
        "close": 38.283005,
        "volume": 5690,
        "typical_volume": 13637.85,
        "trend": 37.386876,
        "fair_value": 33.05266,
        "relative_strength": -6.091395,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.578162,
        "energy": 19.767065,
        "activity_lines": [
          38.120139,
          38.281763,
          38.020076,
          37.763915
        ]
      },
      {
        "date": "2024-11-15",
        "close": 37.614086,
        "volume": 7584,
        "typical_volume": 13508.1,
        "trend": 37.455739,
        "fair_value": 33.07439,
        "relative_strength": -8.05232,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.162015,
        "energy": 20.565095,
        "activity_lines": [
          37.901044,
          38.178441,
          38.002494,
          37.778574
        ]
      },
      {
        "date": "2024-11-22",
        "close": 37.788589,
        "volume": 5190,
        "typical_volume": 13393.35,
        "trend": 37.518274,
        "fair_value": 33.10315,
        "relative_strength": -9.441675,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.465996,
        "energy": 17.092372,
        "activity_lines": [
          37.830598,
          38.089115,
          37.998403,
          37.800048
        ]
      },
      {
        "date": "2024-11-29",
        "close": 38.166672,
        "volume": 3992,
        "typical_volume": 11207.7,
        "trend": 37.55793,
        "fair_value": 33.132325,
        "relative_strength": -9.098567,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.318707,
        "energy": 14.590463,
        "activity_lines": [
          37.947577,
          38.067788,
          38.028977,
          37.84188
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.922832,
        "volume": 10180,
        "typical_volume": 10858.45,
        "trend": 37.630782,
        "fair_value": 33.163077,
        "relative_strength": -7.30983,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.378279,
        "energy": 28.877916,
        "activity_lines": [
          38.277186,
          38.189056,
          38.132877,
          37.929938
        ]
      },
      {
        "date": "2024-12-13",
        "close": 38.544754,
        "volume": 6986,
        "typical_volume": 10793.6,
        "trend": 37.676008,
        "fair_value": 33.190429,
        "relative_strength": -6.57217,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.409744,
        "energy": 37.443787,
        "activity_lines": [
          38.407092,
          38.238057,
          38.195173,
          37.988904
        ]
      },
      {
        "date": "2024-12-20",
        "close": 37.72073,
        "volume": 8982,
        "typical_volume": 9541.1,
        "trend": 37.706553,
        "fair_value": 33.212441,
        "relative_strength": -5.95536,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.994387,
        "energy": 20.135574,
        "activity_lines": [
          38.244873,
          38.143757,
          38.174139,
          37.991789
        ]
      },
      {
        "date": "2024-12-27",
        "close": 38.302395,
        "volume": 11876,
        "typical_volume": 9276.6,
        "trend": 37.764159,
        "fair_value": 33.240738,
        "relative_strength": -5.150522,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 37.580595,
        "energy": 27.277021,
        "activity_lines": [
          38.269433,
          38.177952,
          38.200274,
          38.030231
        ]
      },
      {
        "date": "2025-01-03",
        "close": 38.495163,
        "volume": 10080,
        "typical_volume": 9271.6,
        "trend": 37.812207,
        "fair_value": 33.272581,
        "relative_strength": -5.616634,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.657125,
        "energy": 25.547363,
        "activity_lines": [
          38.323995,
          38.254599,
          38.233495,
          38.077392
        ]
      },
      {
        "date": "2025-01-10",
        "close": 37.643841,
        "volume": 116566,
        "typical_volume": 14910.25,
        "trend": 37.847861,
        "fair_value": 33.298621,
        "relative_strength": -6.40328,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.816182,
        "energy": 6.957378,
        "activity_lines": [
          38.072884,
          38.159736,
          38.181113,
          38.06653
        ]
      },
      {
        "date": "2025-01-17",
        "close": 38.3386,
        "volume": 55289,
        "typical_volume": 17430.2,
        "trend": 37.917053,
        "fair_value": 33.336047,
        "relative_strength": -5.685565,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.783404,
        "energy": 10.874982,
        "activity_lines": [
          38.138625,
          38.194353,
          38.197919,
          38.098191
        ]
      },
      {
        "date": "2025-01-24",
        "close": 39.111633,
        "volume": 10081,
        "typical_volume": 15888.35,
        "trend": 37.988872,
        "fair_value": 33.382646,
        "relative_strength": -5.182673,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 64.189877,
        "energy": 34.987326,
        "activity_lines": [
          38.475787,
          38.36851,
          38.287783,
          38.17526
        ]
      },
      {
        "date": "2025-01-31",
        "close": 39.268196,
        "volume": 40618,
        "typical_volume": 17599.85,
        "trend": 38.047591,
        "fair_value": 33.425568,
        "relative_strength": -4.903837,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 67.617949,
        "energy": 51.083177,
        "activity_lines": [
          38.77241,
          38.543906,
          38.380782,
          38.257797
        ]
      },
      {
        "date": "2025-02-07",
        "close": 38.857212,
        "volume": 13473,
        "typical_volume": 17569.9,
        "trend": 38.061435,
        "fair_value": 33.46551,
        "relative_strength": -5.40306,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.814882,
        "energy": 56.998137,
        "activity_lines": [
          38.867652,
          38.617675,
          38.4274,
          38.310031
        ]
      },
      {
        "date": "2025-02-14",
        "close": 39.189915,
        "volume": 6887,
        "typical_volume": 17295.5,
        "trend": 38.10951,
        "fair_value": 33.507527,
        "relative_strength": -4.585797,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.850561,
        "energy": 65.134499,
        "activity_lines": [
          39.049658,
          38.73938,
          38.503754,
          38.382836
        ]
      },
      {
        "date": "2025-02-21",
        "close": 39.150772,
        "volume": 6986,
        "typical_volume": 17445.2,
        "trend": 38.163672,
        "fair_value": 33.550505,
        "relative_strength": -3.254956,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.414168,
        "energy": 59.653307,
        "activity_lines": [
          39.115545,
          38.849113,
          38.574185,
          38.450014
        ]
      },
      {
        "date": "2025-02-28",
        "close": 39.258411,
        "volume": 11976,
        "typical_volume": 17734.55,
        "trend": 38.272523,
        "fair_value": 33.598623,
        "relative_strength": -3.748843,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.862217,
        "energy": 47.882908,
        "activity_lines": [
          39.163167,
          38.967397,
          38.65369,
          38.520643
        ]
      },
      {
        "date": "2025-03-07",
        "close": 39.630249,
        "volume": 22854,
        "typical_volume": 18697.6,
        "trend": 38.395698,
        "fair_value": 33.65675,
        "relative_strength": -0.217037,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.017062,
        "energy": 55.744129,
        "activity_lines": [
          39.32495,
          39.125331,
          38.76724,
          38.608238
        ]
      },
      {
        "date": "2025-03-14",
        "close": 39.757454,
        "volume": 9082,
        "typical_volume": 18877.25,
        "trend": 38.46944,
        "fair_value": 33.70616,
        "relative_strength": 1.007441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.969045,
        "energy": 53.538335,
        "activity_lines": [
          39.504997,
          39.28225,
          38.888522,
          38.696093
        ]
      },
      {
        "date": "2025-03-21",
        "close": 40.002991,
        "volume": 22454,
        "typical_volume": 19341.3,
        "trend": 38.52694,
        "fair_value": 33.757895,
        "relative_strength": 0.071008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.674423,
        "energy": 64.453575,
        "activity_lines": [
          39.706874,
          39.460861,
          39.022796,
          38.795032
        ]
      },
      {
        "date": "2025-03-28",
        "close": 38.984306,
        "volume": 35529,
        "typical_volume": 20833.25,
        "trend": 38.552413,
        "fair_value": 33.803863,
        "relative_strength": -1.520227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.588748,
        "energy": 42.485243,
        "activity_lines": [
          39.514984,
          39.411364,
          39.049647,
          38.824539
        ]
      },
      {
        "date": "2025-04-04",
        "close": 35.13485,
        "volume": 68662,
        "typical_volume": 23887.15,
        "trend": 38.502279,
        "fair_value": 33.829607,
        "relative_strength": -5.085846,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -36.005518,
        "energy": 29.975543,
        "activity_lines": [
          38.05104,
          38.650225,
          38.706543,
          38.604051
        ]
      },
      {
        "date": "2025-04-11",
        "close": 36.574722,
        "volume": 137025,
        "typical_volume": 30478.9,
        "trend": 38.463181,
        "fair_value": 33.866258,
        "relative_strength": -2.695373,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.39434,
        "energy": 38.624482,
        "activity_lines": [
          37.341958,
          38.223186,
          38.512376,
          38.479693
        ]
      },
      {
        "date": "2025-04-18",
        "close": 37.515049,
        "volume": 35329,
        "typical_volume": 32045.75,
        "trend": 38.432089,
        "fair_value": 33.911886,
        "relative_strength": -2.596232,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -56.481058,
        "energy": 50.815889,
        "activity_lines": [
          37.150019,
          38.016088,
          38.413544,
          38.418523
        ]
      },
      {
        "date": "2025-04-25",
        "close": 38.690456,
        "volume": 24053,
        "typical_volume": 32739.4,
        "trend": 38.430806,
        "fair_value": 33.964817,
        "relative_strength": -1.567059,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.000168,
        "energy": 34.419503,
        "activity_lines": [
          37.499377,
          38.047103,
          38.429758,
          38.435192
        ]
      },
      {
        "date": "2025-05-02",
        "close": 39.425087,
        "volume": 15867,
        "typical_volume": 33183.45,
        "trend": 38.448194,
        "fair_value": 34.024538,
        "relative_strength": -0.852739,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 10.092453,
        "energy": 9.715671,
        "activity_lines": [
          38.181113,
          38.220769,
          38.517044,
          38.499339
        ]
      },
      {
        "date": "2025-05-09",
        "close": 39.797291,
        "volume": 19062,
        "typical_volume": 33687.45,
        "trend": 38.475727,
        "fair_value": 34.088669,
        "relative_strength": -1.111615,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.012081,
        "energy": 27.336864,
        "activity_lines": [
          38.957533,
          38.45712,
          38.635586,
          38.586378
        ]
      },
      {
        "date": "2025-05-16",
        "close": 40.414383,
        "volume": 18264,
        "typical_volume": 34006.85,
        "trend": 38.532554,
        "fair_value": 34.155079,
        "relative_strength": -1.835035,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 60.99937,
        "energy": 47.065254,
        "activity_lines": [
          39.62882,
          38.795873,
          38.80301,
          38.711452
        ]
      },
      {
        "date": "2025-05-23",
        "close": 39.914837,
        "volume": 14671,
        "typical_volume": 34236.4,
        "trend": 38.610539,
        "fair_value": 34.215512,
        "relative_strength": -2.578181,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 60.646883,
        "energy": 53.529913,
        "activity_lines": [
          39.877615,
          39.029541,
          38.912801,
          38.800632
        ]
      },
      {
        "date": "2025-05-30",
        "close": 40.277252,
        "volume": 21257,
        "typical_volume": 29470.95,
        "trend": 38.692524,
        "fair_value": 34.282315,
        "relative_strength": -2.67944,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.796502,
        "energy": 68.29691,
        "activity_lines": [
          40.087228,
          39.326242,
          39.050348,
          38.908162
        ]
      },
      {
        "date": "2025-06-06",
        "close": 40.86496,
        "volume": 12174,
        "typical_volume": 27315.2,
        "trend": 38.77859,
        "fair_value": 34.358147,
        "relative_strength": -2.044506,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.615655,
        "energy": 71.572488,
        "activity_lines": [
          40.386958,
          39.724813,
          39.231326,
          39.048319
        ]
      },
      {
        "date": "2025-06-13",
        "close": 40.482948,
        "volume": 28643,
        "typical_volume": 28243.3,
        "trend": 38.874218,
        "fair_value": 34.437601,
        "relative_strength": -3.043617,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.122966,
        "energy": 59.769513,
        "activity_lines": [
          40.46336,
          40.019732,
          39.363893,
          39.158277
        ]
      },
      {
        "date": "2025-06-20",
        "close": 40.527943,
        "volume": 17964,
        "typical_volume": 27110.6,
        "trend": 38.96553,
        "fair_value": 34.515783,
        "relative_strength": -2.729444,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.518897,
        "energy": 51.064601,
        "activity_lines": [
          40.509049,
          40.225595,
          39.494214,
          39.264969
        ]
      },
      {
        "date": "2025-06-27",
        "close": 42.008144,
        "volume": 11177,
        "typical_volume": 26995.8,
        "trend": 39.093579,
        "fair_value": 34.605211,
        "relative_strength": 0.229451,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.4458,
        "energy": 66.877166,
        "activity_lines": [
          41.040567,
          40.628708,
          39.759509,
          39.461267
        ]
      },
      {
        "date": "2025-07-04",
        "close": 41.820656,
        "volume": 8783,
        "typical_volume": 27090.6,
        "trend": 39.190173,
        "fair_value": 34.690799,
        "relative_strength": -1.354241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.014513,
        "energy": 79.331962,
        "activity_lines": [
          41.370036,
          40.91604,
          39.991942,
          39.637207
        ]
      },
      {
        "date": "2025-07-11",
        "close": 41.504875,
        "volume": 12974,
        "typical_volume": 27390.0,
        "trend": 39.288844,
        "fair_value": 34.776473,
        "relative_strength": -1.806856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.086302,
        "energy": 82.043586,
        "activity_lines": [
          41.491351,
          41.089045,
          40.181775,
          39.786543
        ]
      },
      {
        "date": "2025-07-18",
        "close": 41.58382,
        "volume": 17864,
        "typical_volume": 27684.4,
        "trend": 39.417614,
        "fair_value": 34.857963,
        "relative_strength": -2.497913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.630034,
        "energy": 82.484264,
        "activity_lines": [
          41.59632,
          41.238589,
          40.367915,
          39.934606
        ]
      },
      {
        "date": "2025-07-25",
        "close": 42.896263,
        "volume": 19362,
        "typical_volume": 27509.8,
        "trend": 39.570743,
        "fair_value": 34.944818,
        "relative_strength": 0.0237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.963471,
        "energy": 91.765976,
        "activity_lines": [
          42.065378,
          41.594276,
          40.667977,
          40.159035
        ]
      },
      {
        "date": "2025-08-01",
        "close": 42.432465,
        "volume": 7285,
        "typical_volume": 27419.95,
        "trend": 39.701986,
        "fair_value": 35.028524,
        "relative_strength": 0.738644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.844989,
        "energy": 84.080009,
        "activity_lines": [
          42.22195,
          41.820512,
          40.908315,
          40.343662
        ]
      },
      {
        "date": "2025-08-08",
        "close": 44.060692,
        "volume": 22556,
        "typical_volume": 27425.05,
        "trend": 39.915881,
        "fair_value": 35.119208,
        "relative_strength": 1.851378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.135457,
        "energy": 91.664242,
        "activity_lines": [
          42.892975,
          42.297013,
          41.290984,
          40.624869
        ]
      },
      {
        "date": "2025-08-15",
        "close": 44.800789,
        "volume": 33932,
        "typical_volume": 27345.2,
        "trend": 40.131287,
        "fair_value": 35.216982,
        "relative_strength": 3.046752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.212625,
        "energy": 95.498265,
        "activity_lines": [
          43.661364,
          42.839288,
          41.724817,
          40.940024
        ]
      },
      {
        "date": "2025-08-22",
        "close": 45.15604,
        "volume": 20758,
        "typical_volume": 24950.0,
        "trend": 40.332768,
        "fair_value": 35.319144,
        "relative_strength": 2.359613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.143522,
        "energy": 94.50208,
        "activity_lines": [
          44.328442,
          43.374594,
          42.164785,
          41.264202
        ]
      },
      {
        "date": "2025-08-29",
        "close": 44.287659,
        "volume": 11677,
        "typical_volume": 18682.6,
        "trend": 40.500083,
        "fair_value": 35.420839,
        "relative_strength": -0.315403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.361922,
        "energy": 87.806931,
        "activity_lines": [
          44.467911,
          43.667047,
          42.47433,
          41.519356
        ]
      },
      {
        "date": "2025-09-05",
        "close": 45.017891,
        "volume": 14073,
        "typical_volume": 17619.8,
        "trend": 40.705439,
        "fair_value": 35.526453,
        "relative_strength": -0.294983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.802367,
        "energy": 87.264906,
        "activity_lines": [
          44.758032,
          44.023911,
          42.816693,
          41.810828
        ]
      },
      {
        "date": "2025-09-12",
        "close": 45.945484,
        "volume": 24950,
        "typical_volume": 17664.65,
        "trend": 40.930625,
        "fair_value": 35.639537,
        "relative_strength": 0.98985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.75311,
        "energy": 78.114919,
        "activity_lines": [
          45.184989,
          44.494705,
          43.21167,
          42.148895
        ]
      },
      {
        "date": "2025-09-19",
        "close": 45.867592,
        "volume": 8783,
        "typical_volume": 17310.45,
        "trend": 41.154519,
        "fair_value": 35.755932,
        "relative_strength": -0.736481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.001042,
        "energy": 70.695068,
        "activity_lines": [
          45.460328,
          44.87634,
          43.564682,
          42.467409
        ]
      },
      {
        "date": "2025-09-26",
        "close": 45.996681,
        "volume": 18863,
        "typical_volume": 17300.5,
        "trend": 41.379128,
        "fair_value": 35.874666,
        "relative_strength": -0.345592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.310352,
        "energy": 78.81879,
        "activity_lines": [
          45.707578,
          45.202124,
          43.899308,
          42.779807
        ]
      },
      {
        "date": "2025-10-03",
        "close": 47.158516,
        "volume": 17265,
        "typical_volume": 17250.55,
        "trend": 41.63007,
        "fair_value": 35.998485,
        "relative_strength": -0.133057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.72932,
        "energy": 86.342515,
        "activity_lines": [
          46.286063,
          45.658917,
          44.315065,
          43.15267
        ]
      },
      {
        "date": "2025-10-10",
        "close": 45.480312,
        "volume": 39820,
        "typical_volume": 18508.0,
        "trend": 41.820832,
        "fair_value": 36.114677,
        "relative_strength": -1.599777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.061447,
        "energy": 65.563034,
        "activity_lines": [
          46.113756,
          45.733086,
          44.538878,
          43.401073
        ]
      },
      {
        "date": "2025-10-17",
        "close": 47.426632,
        "volume": 23353,
        "typical_volume": 18612.8,
        "trend": 42.068286,
        "fair_value": 36.243818,
        "relative_strength": 1.713447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.269998,
        "energy": 70.869789,
        "activity_lines": [
          46.559394,
          46.105716,
          44.921553,
          43.762738
        ]
      },
      {
        "date": "2025-10-24",
        "close": 47.843697,
        "volume": 25348,
        "typical_volume": 19271.5,
        "trend": 42.3636,
        "fair_value": 36.374392,
        "relative_strength": 1.730164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.358153,
        "energy": 71.846221,
        "activity_lines": [
          47.045311,
          46.492978,
          45.309903,
          44.135345
        ]
      },
      {
        "date": "2025-10-31",
        "close": 48.389862,
        "volume": 25449,
        "typical_volume": 19111.8,
        "trend": 42.805433,
        "fair_value": 36.504626,
        "relative_strength": 3.154515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.456311,
        "energy": 71.779153,
        "activity_lines": [
          47.581542,
          46.924216,
          45.717037,
          44.524136
        ]
      },
      {
        "date": "2025-11-07",
        "close": 47.86356,
        "volume": 32137,
        "typical_volume": 19820.45,
        "trend": 43.181728,
        "fair_value": 36.62038,
        "relative_strength": 3.152318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.657718,
        "energy": 74.909822,
        "activity_lines": [
          47.782794,
          47.200967,
          46.036395,
          44.850467
        ]
      },
      {
        "date": "2025-11-14",
        "close": 48.270702,
        "volume": 35428,
        "typical_volume": 21033.0,
        "trend": 43.54025,
        "fair_value": 36.738449,
        "relative_strength": 2.506241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.231525,
        "energy": 80.416721,
        "activity_lines": [
          48.072757,
          47.486727,
          46.359597,
          45.178788
        ]
      },
      {
        "date": "2025-11-21",
        "close": 47.029423,
        "volume": 34331,
        "typical_volume": 22310.4,
        "trend": 43.818215,
        "fair_value": 36.845134,
        "relative_strength": 0.327181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.730027,
        "energy": 61.501095,
        "activity_lines": [
          47.762935,
          47.487657,
          46.53476,
          45.403896
        ]
      },
      {
        "date": "2025-11-28",
        "close": 47.95293,
        "volume": 42913,
        "typical_volume": 23807.35,
        "trend": 44.102477,
        "fair_value": 36.955848,
        "relative_strength": -1.73487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.29636,
        "energy": 56.662277,
        "activity_lines": [
          47.787429,
          47.63679,
          46.773073,
          45.670651
        ]
      },
      {
        "date": "2025-12-05",
        "close": 47.833771,
        "volume": 29042,
        "typical_volume": 24366.25,
        "trend": 44.370359,
        "fair_value": 37.063672,
        "relative_strength": -1.770945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.856842,
        "energy": 51.526467,
        "activity_lines": [
          47.764921,
          47.726343,
          46.969332,
          45.91138
        ]
      },
      {
        "date": "2025-12-12",
        "close": 47.664955,
        "volume": 24950,
        "typical_volume": 24645.65,
        "trend": 44.612045,
        "fair_value": 37.171713,
        "relative_strength": -2.772359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.696423,
        "energy": 41.489626,
        "activity_lines": [
          47.723213,
          47.7518,
          47.119752,
          46.123935
        ]
      },
      {
        "date": "2025-12-19",
        "close": 47.664955,
        "volume": 21856,
        "typical_volume": 25374.2,
        "trend": 44.870382,
        "fair_value": 37.280581,
        "relative_strength": -3.432952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.772272,
        "energy": 39.773049,
        "activity_lines": [
          47.694746,
          47.76805,
          47.247463,
          46.320897
        ]
      },
      {
        "date": "2025-12-26",
        "close": 47.913208,
        "volume": 7285,
        "typical_volume": 24610.65,
        "trend": 45.124914,
        "fair_value": 37.390591,
        "relative_strength": -3.613667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.082489,
        "energy": 37.41445,
        "activity_lines": [
          47.789413,
          47.789715,
          47.373902,
          46.517208
        ]
      },
      {
        "date": "2026-01-02",
        "close": 48.500175,
        "volume": 32879,
        "typical_volume": 24558.0,
        "trend": 45.379421,
        "fair_value": 37.503766,
        "relative_strength": -2.059554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.063189,
        "energy": 46.260604,
        "activity_lines": [
          48.020817,
          47.909255,
          47.537896,
          46.734967
        ]
      },
      {
        "date": "2026-01-09",
        "close": 50.91819,
        "volume": 52100,
        "typical_volume": 26125.1,
        "trend": 45.727263,
        "fair_value": 37.627667,
        "relative_strength": 0.471827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.047728,
        "energy": 77.308902,
        "activity_lines": [
          49.021743,
          48.456497,
          47.914562,
          47.092307
        ]
      },
      {
        "date": "2026-01-16",
        "close": 51.6376,
        "volume": 44900,
        "typical_volume": 27786.25,
        "trend": 46.097585,
        "fair_value": 37.751823,
        "relative_strength": 0.530782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.818955,
        "energy": 95.551596,
        "activity_lines": [
          50.056844,
          49.088573,
          48.332304,
          47.473619
        ]
      },
      {
        "date": "2026-01-23",
        "close": 51.337845,
        "volume": 58200,
        "typical_volume": 29992.6,
        "trend": 46.408575,
        "fair_value": 37.87173,
        "relative_strength": -0.383871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.473197,
        "energy": 92.832386,
        "activity_lines": [
          50.727184,
          49.597528,
          48.686498,
          47.8117
        ]
      },
      {
        "date": "2026-01-30",
        "close": 52.067245,
        "volume": 69100,
        "typical_volume": 32200.1,
        "trend": 46.750128,
        "fair_value": 37.997566,
        "relative_strength": 4.776655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.714906,
        "energy": 93.91268,
        "activity_lines": [
          51.395797,
          50.183335,
          49.080063,
          48.176775
        ]
      },
      {
        "date": "2026-02-06",
        "close": 53.775841,
        "volume": 130100,
        "typical_volume": 38265.95,
        "trend": 47.15916,
        "fair_value": 38.136204,
        "relative_strength": 6.221153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.734365,
        "energy": 97.01402,
        "activity_lines": [
          52.357007,
          50.988199,
          49.607201,
          48.630047
        ]
      },
      {
        "date": "2026-02-13",
        "close": 55.864128,
        "volume": 182100,
        "typical_volume": 46427.8,
        "trend": 47.63517,
        "fair_value": 38.290378,
        "relative_strength": 8.133558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.522235,
        "energy": 97.983427,
        "activity_lines": [
          53.662602,
          52.066881,
          50.295566,
          49.191658
        ]
      },
      {
        "date": "2026-02-20",
        "close": 56.32375,
        "volume": 116700,
        "typical_volume": 51399.55,
        "trend": 48.082753,
        "fair_value": 38.451496,
        "relative_strength": 6.482882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.991585,
        "energy": 97.270406,
        "activity_lines": [
          54.791675,
          53.083124,
          50.980715,
          49.752212
        ]
      },
      {
        "date": "2026-02-27",
        "close": 57.332924,
        "volume": 107700,
        "typical_volume": 54793.55,
        "trend": 48.579435,
        "fair_value": 38.614607,
        "relative_strength": 6.57964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.134535,
        "energy": 96.701277,
        "activity_lines": [
          55.944729,
          54.12542,
          51.718333,
          50.348997
        ]
      },
      {
        "date": "2026-03-06",
        "close": 51.627605,
        "volume": 491700,
        "typical_volume": 78210.9,
        "trend": 48.831665,
        "fair_value": 38.738998,
        "relative_strength": -0.332765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.759043,
        "energy": 67.23836,
        "activity_lines": [
          54.796338,
          53.954605,
          51.856146,
          50.545653
        ]
      },
      {
        "date": "2026-03-13",
        "close": 51.417778,
        "volume": 116000,
        "typical_volume": 82743.5,
        "trend": 49.052232,
        "fair_value": 38.868369,
        "relative_strength": 0.963386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.769099,
        "energy": 48.002545,
        "activity_lines": [
          53.607314,
          53.678104,
          51.953971,
          50.712499
        ]
      },
      {
        "date": "2026-03-20",
        "close": 50.408607,
        "volume": 127200,
        "typical_volume": 87831.05,
        "trend": 49.227317,
        "fair_value": 38.986855,
        "relative_strength": 2.84251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.847696,
        "energy": 23.61626,
        "activity_lines": [
          52.239104,
          53.165071,
          51.938664,
          50.800007
        ]
      },
      {
        "date": "2026-03-27",
        "close": 50.93,
        "volume": 61600,
        "typical_volume": 89304.2,
        "trend": 49.448729,
        "fair_value": 39.106777,
        "relative_strength": 1.791099,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.139241,
        "energy": 31.543666,
        "activity_lines": [
          51.408393,
          52.756102,
          51.963401,
          50.909858
        ]
      },
      {
        "date": "2026-04-03",
        "close": 52.849998,
        "volume": 99300,
        "typical_volume": 92497.8,
        "trend": 49.709799,
        "fair_value": 39.241218,
        "relative_strength": 1.865621,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.350807,
        "energy": 26.125757,
        "activity_lines": [
          51.577265,
          52.709088,
          52.156394,
          51.129294
        ]
      },
      {
        "date": "2026-04-10",
        "close": 55.529999,
        "volume": 96100,
        "typical_volume": 95586.25,
        "trend": 50.029283,
        "fair_value": 39.391105,
        "relative_strength": 5.039174,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.482153,
        "energy": 25.276804,
        "activity_lines": [
          52.938332,
          53.121854,
          52.582818,
          51.504791
        ]
      },
      {
        "date": "2026-04-17",
        "close": 56.790001,
        "volume": 49600,
        "typical_volume": 95920.6,
        "trend": 50.393363,
        "fair_value": 39.547217,
        "relative_strength": 5.255432,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 72.369074,
        "energy": 46.809968,
        "activity_lines": [
          54.45924,
          53.700752,
          53.088763,
          51.940967
        ]
      },
      {
        "date": "2026-04-24",
        "close": 55.133095,
        "volume": 62500,
        "typical_volume": 97593.5,
        "trend": 50.69791,
        "fair_value": 39.693245,
        "relative_strength": 3.440771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.111868,
        "energy": 55.068907,
        "activity_lines": [
          55.069698,
          53.923591,
          53.394826,
          52.246756
        ]
      },
      {
        "date": "2026-05-01",
        "close": 55.859577,
        "volume": 41700,
        "typical_volume": 98431.0,
        "trend": 50.987946,
        "fair_value": 39.843332,
        "relative_strength": 4.749918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.341013,
        "energy": 65.218048,
        "activity_lines": [
          55.607351,
          54.291809,
          53.73532,
          52.579766
        ]
      },
      {
        "date": "2026-05-08",
        "close": 59.870163,
        "volume": 104000,
        "typical_volume": 102538.2,
        "trend": 51.467607,
        "fair_value": 40.017993,
        "relative_strength": 11.400756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.538365,
        "energy": 78.973199,
        "activity_lines": [
          57.153227,
          55.397665,
          54.418752,
          53.152813
        ]
      },
      {
        "date": "2026-05-15",
        "close": 58.845127,
        "volume": 47600,
        "typical_volume": 104553.95,
        "trend": 51.848224,
        "fair_value": 40.184649,
        "relative_strength": 10.038621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.917211,
        "energy": 73.893194,
        "activity_lines": [
          57.889414,
          56.271018,
          54.946442,
          53.628782
        ]
      },
      {
        "date": "2026-05-22",
        "close": 59.402424,
        "volume": 59200,
        "typical_volume": 105870.0,
        "trend": 52.233515,
        "fair_value": 40.356789,
        "relative_strength": 8.785377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.473991,
        "energy": 74.568342,
        "activity_lines": [
          58.590358,
          57.114471,
          55.47515,
          54.11615
        ]
      },
      {
        "date": "2026-05-29",
        "close": 61.60178,
        "volume": 53200,
        "typical_volume": 105925.0,
        "trend": 52.673912,
        "fair_value": 40.540578,
        "relative_strength": 11.531731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.466434,
        "energy": 82.452729,
        "activity_lines": [
          59.850259,
          58.212631,
          56.161406,
          54.720554
        ]
      },
      {
        "date": "2026-06-05",
        "close": 58.466957,
        "volume": 55200,
        "typical_volume": 106440.0,
        "trend": 53.027358,
        "fair_value": 40.703136,
        "relative_strength": 6.752484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.868805,
        "energy": 67.681111,
        "activity_lines": [
          59.633973,
          58.537311,
          56.498233,
          55.094299
        ]
      },
      {
        "date": "2026-06-12",
        "close": 61.512215,
        "volume": 12900,
        "typical_volume": 104175.0,
        "trend": 53.468742,
        "fair_value": 40.883482,
        "relative_strength": 10.316076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.791693,
        "energy": 70.208901,
        "activity_lines": [
          60.258948,
          59.278639,
          57.092564,
          55.641709
        ]
      },
      {
        "date": "2026-06-19",
        "close": 65.150002,
        "volume": 9600,
        "typical_volume": 101200.0,
        "trend": 54.072761,
        "fair_value": 41.095335,
        "relative_strength": 16.269153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.125521,
        "energy": 85.715375,
        "activity_lines": [
          61.987048,
          60.523888,
          57.984901,
          56.395338
        ]
      },
      {
        "date": "2026-06-26",
        "close": 62.669998,
        "volume": 10600,
        "typical_volume": 95225.0,
        "trend": 54.56333,
        "fair_value": 41.287487,
        "relative_strength": 11.516254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.398387,
        "energy": 70.839656,
        "activity_lines": [
          62.468156,
          61.143318,
          58.578748,
          56.949999
        ]
      },
      {
        "date": "2026-07-03",
        "close": 63.014999,
        "volume": 23700,
        "typical_volume": 87305.0,
        "trend": 55.069371,
        "fair_value": 41.484326,
        "relative_strength": 10.958658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.157598,
        "energy": 78.070297,
        "activity_lines": [
          62.846425,
          61.718566,
          59.1631,
          57.495268
        ]
      },
      {
        "date": "2026-07-10",
        "close": 61.790001,
        "volume": 98400,
        "typical_volume": 86390.0,
        "trend": 55.540206,
        "fair_value": 41.666853,
        "relative_strength": 8.345819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.497319,
        "energy": 66.80059,
        "activity_lines": [
          62.722148,
          61.92778,
          59.596734,
          57.928857
        ]
      },
      {
        "date": "2026-07-17",
        "close": 58.139999,
        "volume": 73500,
        "typical_volume": 84680.0,
        "trend": 55.889374,
        "fair_value": 41.827009,
        "relative_strength": 1.9122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.125803,
        "energy": 36.638134,
        "activity_lines": [
          61.159666,
          61.365531,
          59.656718,
          58.096585
        ]
      },
      {
        "date": "2026-07-24",
        "close": 58.93,
        "volume": 59500,
        "typical_volume": 63070.0,
        "trend": 56.256601,
        "fair_value": 41.988185,
        "relative_strength": 2.860163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.619492,
        "energy": 22.68621,
        "activity_lines": [
          60.085333,
          60.978376,
          59.788097,
          58.292755
        ]
      },
      {
        "date": "2026-07-31",
        "close": 58.75,
        "volume": 73600,
        "typical_volume": 60950.0,
        "trend": 56.598262,
        "fair_value": 42.152855,
        "relative_strength": 2.843327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.875592,
        "energy": 25.181717,
        "activity_lines": [
          59.365667,
          60.556951,
          59.867561,
          58.453619
        ]
      },
      {
        "date": "2026-08-07",
        "close": 60.900002,
        "volume": 30100,
        "typical_volume": 56095.0,
        "trend": 56.930989,
        "fair_value": 42.332152,
        "relative_strength": 3.116227,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.079887,
        "energy": 26.02273,
        "activity_lines": [
          59.624001,
          60.538298,
          60.116871,
          58.731151
        ]
      }
    ],
    "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."
    }
  }
}