{
  "ticker": {
    "uuid": "b707e025-6702-48cd-954b-d776c397412b",
    "symbol": "USEUWH",
    "name": "UBS Core MSCI USA hEUR UCITS ETF EUR acc",
    "exchange": "MIL",
    "country": "IT",
    "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": "FTSEMIB.MI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 66.341,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 85.032,
    "architecture_energy": 61.195,
    "architecture_maturity": 63.426,
    "architecture_confidence": 59.947,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 32.39,
        "rotation_up": 53.45,
        "upward_expansion": 80.4,
        "deceleration": 68.82,
        "rotation_down": 27.57,
        "downward_expansion": 9.4
      },
      "activity_lines": [
        57.232,
        56.947454,
        56.441524,
        55.393806
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 58.75,
    "trend_reference": 54.240166,
    "distance_from_trend": 0.083146,
    "trend_direction": "Improving",
    "fair_value": 45.380801,
    "distance_from_fair_value": 0.2946,
    "fair_value_direction": "Improving",
    "relative_strength": -4.885314,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.118409,
    "excess_performance": -0.052483,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.083146,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.03001,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.2946,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.010011,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.048853,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.019782,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.118409,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.006448,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4954,
      "relative_activity": 0.235932,
      "balance": 1.006448,
      "dry_up": 1.105686,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.018147,
      "annualized_volatility": 0.132098,
      "from_high_reference": -0.003054,
      "from_low_reference": 0.213091
    },
    "levels": {
      "trend_reference": 54.240166,
      "fair_value_reference": 45.380801,
      "structural_low": 48.43,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.013076,
        "positive_rate": 0.675,
        "directional_follow_through": 0.675,
        "median_excess_return": 0.003118,
        "regime_survival": 0.825,
        "best_return": 0.061458,
        "worst_return": -0.100141,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.037516,
        "positive_rate": 0.785714,
        "directional_follow_through": 0.785714,
        "median_excess_return": -0.008943,
        "regime_survival": 0.642857,
        "best_return": 0.130904,
        "worst_return": -0.071872,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.063152,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.010813,
        "regime_survival": 0.625,
        "best_return": 0.158271,
        "worst_return": -0.178727,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.11333,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.012213,
        "regime_survival": 0.5,
        "best_return": 0.202522,
        "worst_return": -0.130532,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.050989,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.000609,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.010546,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.09602,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.041175,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.074098,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.082069,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.12355,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.039339,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2026-02-20",
        "tenure": "Extended",
        "return": 0.080942,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-27",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.046229,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.025878,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.044788,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.081952,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 33.845001,
        "volume": 363,
        "typical_volume": 4769.3,
        "trend": 32.836333,
        "fair_value": 32.910288,
        "relative_strength": -2.355937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.462442,
        "energy": 50.566749,
        "activity_lines": [
          34.649,
          34.733273,
          34.159833,
          33.545774
        ]
      },
      {
        "date": "2023-08-25",
        "close": 33.974998,
        "volume": 382,
        "typical_volume": 4750.75,
        "trend": 32.909333,
        "fair_value": 32.945577,
        "relative_strength": -3.103378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.589535,
        "energy": 29.580101,
        "activity_lines": [
          34.336666,
          34.607818,
          34.2015,
          33.619236
        ]
      },
      {
        "date": "2023-09-01",
        "close": 35.044998,
        "volume": 1431,
        "typical_volume": 4658.05,
        "trend": 32.987666,
        "fair_value": 32.995128,
        "relative_strength": -1.249341,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.051629,
        "energy": 33.527526,
        "activity_lines": [
          34.476665,
          34.685181,
          34.334762,
          33.757021
        ]
      },
      {
        "date": "2023-09-08",
        "close": 34.535,
        "volume": 909,
        "typical_volume": 3121.9,
        "trend": 33.0755,
        "fair_value": 33.041699,
        "relative_strength": -0.892695,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.084253,
        "energy": 25.563337,
        "activity_lines": [
          34.473666,
          34.647909,
          34.405571,
          33.856849
        ]
      },
      {
        "date": "2023-09-15",
        "close": 34.689999,
        "volume": 810,
        "typical_volume": 3061.85,
        "trend": 33.174666,
        "fair_value": 33.089744,
        "relative_strength": -2.313271,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.022685,
        "energy": 31.547031,
        "activity_lines": [
          34.567999,
          34.63909,
          34.479643,
          33.961011
        ]
      },
      {
        "date": "2023-09-22",
        "close": 33.735001,
        "volume": 429,
        "typical_volume": 2355.1,
        "trend": 33.267167,
        "fair_value": 33.135513,
        "relative_strength": -3.637897,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.14074,
        "energy": 20.414737,
        "activity_lines": [
          34.340333,
          34.449818,
          34.449357,
          33.997161
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.25,
        "volume": 3127,
        "typical_volume": 2426.1,
        "trend": 33.3285,
        "fair_value": 33.17282,
        "relative_strength": -3.567312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.003296,
        "energy": 17.28663,
        "activity_lines": [
          33.958333,
          34.194545,
          34.364786,
          33.996054
        ]
      },
      {
        "date": "2023-10-06",
        "close": 33.195,
        "volume": 1377,
        "typical_volume": 2450.75,
        "trend": 33.412167,
        "fair_value": 33.20407,
        "relative_strength": -1.934535,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.797364,
        "energy": 27.437708,
        "activity_lines": [
          33.606333,
          33.968545,
          34.269333,
          33.987441
        ]
      },
      {
        "date": "2023-10-13",
        "close": 33.639999,
        "volume": 2548,
        "typical_volume": 2488.4,
        "trend": 33.5125,
        "fair_value": 33.236314,
        "relative_strength": -1.848118,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.145762,
        "energy": 27.095097,
        "activity_lines": [
          33.526,
          33.864454,
          34.2135,
          34.00214
        ]
      },
      {
        "date": "2023-10-20",
        "close": 32.865002,
        "volume": 4484,
        "typical_volume": 2476.1,
        "trend": 33.584333,
        "fair_value": 33.266506,
        "relative_strength": -0.798925,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.214656,
        "energy": 55.293265,
        "activity_lines": [
          33.247,
          33.648182,
          34.078952,
          33.960366
        ]
      },
      {
        "date": "2023-10-27",
        "close": 32.875,
        "volume": 310,
        "typical_volume": 2426.3,
        "trend": 33.6185,
        "fair_value": 33.305961,
        "relative_strength": -0.288411,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.242303,
        "energy": 55.134611,
        "activity_lines": [
          33.093,
          33.465909,
          33.947643,
          33.914602
        ]
      },
      {
        "date": "2023-11-03",
        "close": 33.77,
        "volume": 1577,
        "typical_volume": 2098.0,
        "trend": 33.683833,
        "fair_value": 33.338718,
        "relative_strength": -2.403872,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.13371,
        "energy": 27.732812,
        "activity_lines": [
          33.294667,
          33.464,
          33.904524,
          33.924376
        ]
      },
      {
        "date": "2023-11-10",
        "close": 33.884998,
        "volume": 880,
        "typical_volume": 1512.45,
        "trend": 33.742333,
        "fair_value": 33.36984,
        "relative_strength": -1.357263,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.830659,
        "energy": 18.04964,
        "activity_lines": [
          33.5,
          33.486727,
          33.8755,
          33.937355
        ]
      },
      {
        "date": "2023-11-17",
        "close": 34.860001,
        "volume": 200,
        "typical_volume": 1436.7,
        "trend": 33.833667,
        "fair_value": 33.405705,
        "relative_strength": -1.836051,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 19.923824,
        "energy": 16.906254,
        "activity_lines": [
          33.984333,
          33.707818,
          33.939119,
          34.009462
        ]
      },
      {
        "date": "2023-11-24",
        "close": 35.259998,
        "volume": 1631,
        "typical_volume": 1467.9,
        "trend": 33.9465,
        "fair_value": 33.440609,
        "relative_strength": -0.36042,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.745177,
        "energy": 40.695097,
        "activity_lines": [
          34.520666,
          33.995727,
          34.039357,
          34.101484
        ]
      },
      {
        "date": "2023-12-01",
        "close": 35.529999,
        "volume": 1811,
        "typical_volume": 1544.1,
        "trend": 34.063,
        "fair_value": 33.474647,
        "relative_strength": -1.099252,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.075715,
        "energy": 68.451129,
        "activity_lines": [
          34.987332,
          34.322363,
          34.160809,
          34.203645
        ]
      },
      {
        "date": "2023-12-08",
        "close": 35.634998,
        "volume": 1875,
        "typical_volume": 1535.5,
        "trend": 34.182,
        "fair_value": 33.510961,
        "relative_strength": -2.190422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.977831,
        "energy": 78.21607,
        "activity_lines": [
          35.311999,
          34.635454,
          34.289523,
          34.305064
        ]
      },
      {
        "date": "2023-12-15",
        "close": 36.605,
        "volume": 142,
        "typical_volume": 1530.55,
        "trend": 34.315,
        "fair_value": 33.550705,
        "relative_strength": 0.676453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.019705,
        "energy": 91.085113,
        "activity_lines": [
          35.835666,
          35.081545,
          34.509547,
          34.461387
        ]
      },
      {
        "date": "2023-12-22",
        "close": 36.605,
        "volume": 0,
        "typical_volume": 1523.9,
        "trend": 34.448166,
        "fair_value": 33.589647,
        "relative_strength": 0.822671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.132144,
        "energy": 93.609334,
        "activity_lines": [
          36.177999,
          35.465636,
          34.724071,
          34.609129
        ]
      },
      {
        "date": "2023-12-29",
        "close": 36.924999,
        "volume": 11884,
        "typical_volume": 1808.5,
        "trend": 34.5675,
        "fair_value": 33.629423,
        "relative_strength": 1.775672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.61266,
        "energy": 92.720881,
        "activity_lines": [
          36.510666,
          35.853999,
          34.962476,
          34.768924
        ]
      },
      {
        "date": "2024-01-05",
        "close": 36.494999,
        "volume": 1033,
        "typical_volume": 1842.0,
        "trend": 34.6675,
        "fair_value": 33.662628,
        "relative_strength": 0.296523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.935102,
        "energy": 87.198144,
        "activity_lines": [
          36.588999,
          36.090363,
          35.149023,
          34.893279
        ]
      },
      {
        "date": "2024-01-12",
        "close": 36.825001,
        "volume": 240,
        "typical_volume": 1834.9,
        "trend": 34.747333,
        "fair_value": 33.699743,
        "relative_strength": 1.098478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.848308,
        "energy": 86.513596,
        "activity_lines": [
          36.713,
          36.320909,
          35.354381,
          35.032473
        ]
      },
      {
        "date": "2024-01-19",
        "close": 37.139999,
        "volume": 1314,
        "typical_volume": 1829.05,
        "trend": 34.857333,
        "fair_value": 33.735577,
        "relative_strength": 2.539668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.588936,
        "energy": 84.293501,
        "activity_lines": [
          36.862666,
          36.553181,
          35.576166,
          35.186838
        ]
      },
      {
        "date": "2024-01-26",
        "close": 37.865002,
        "volume": 2526,
        "typical_volume": 1909.9,
        "trend": 34.967833,
        "fair_value": 33.781538,
        "relative_strength": 4.140592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.913093,
        "energy": 88.035013,
        "activity_lines": [
          37.218334,
          36.858091,
          35.857024,
          35.380881
        ]
      },
      {
        "date": "2024-02-02",
        "close": 38.27,
        "volume": 1840,
        "typical_volume": 1961.4,
        "trend": 35.099666,
        "fair_value": 33.821987,
        "relative_strength": 4.038189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.029118,
        "energy": 95.317586,
        "activity_lines": [
          37.625,
          37.182,
          36.160595,
          35.593924
        ]
      },
      {
        "date": "2024-02-09",
        "close": 38.595001,
        "volume": 400,
        "typical_volume": 1959.95,
        "trend": 35.221,
        "fair_value": 33.862179,
        "relative_strength": 3.332365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.686673,
        "energy": 95.048,
        "activity_lines": [
          38.050334,
          37.510273,
          36.478071,
          35.81943
        ]
      },
      {
        "date": "2024-02-16",
        "close": 39.014999,
        "volume": 6860,
        "typical_volume": 2146.6,
        "trend": 35.341166,
        "fair_value": 33.904647,
        "relative_strength": 2.418344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.45265,
        "energy": 96.024788,
        "activity_lines": [
          38.475667,
          37.859182,
          36.812405,
          36.064204
        ]
      },
      {
        "date": "2024-02-23",
        "close": 39.419998,
        "volume": 1316,
        "typical_volume": 2143.55,
        "trend": 35.4735,
        "fair_value": 33.95625,
        "relative_strength": 0.321589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.891486,
        "energy": 95.303539,
        "activity_lines": [
          38.889999,
          38.220272,
          37.157857,
          36.327354
        ]
      },
      {
        "date": "2024-03-01",
        "close": 39.630001,
        "volume": 8740,
        "typical_volume": 2453.15,
        "trend": 35.6205,
        "fair_value": 34.015929,
        "relative_strength": 0.023284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.774869,
        "energy": 92.972391,
        "activity_lines": [
          39.222333,
          38.568364,
          37.493666,
          36.595516
        ]
      },
      {
        "date": "2024-03-08",
        "close": 39.700001,
        "volume": 1808,
        "typical_volume": 2319.35,
        "trend": 35.789333,
        "fair_value": 34.064711,
        "relative_strength": -1.310436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.110969,
        "energy": 86.891523,
        "activity_lines": [
          39.460333,
          38.874182,
          37.807619,
          36.85871
        ]
      },
      {
        "date": "2024-03-15",
        "close": 39.970001,
        "volume": 3397,
        "typical_volume": 2473.7,
        "trend": 35.9935,
        "fair_value": 34.115577,
        "relative_strength": -2.171314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.047004,
        "energy": 80.405749,
        "activity_lines": [
          39.693,
          39.178637,
          38.114738,
          37.12843
        ]
      },
      {
        "date": "2024-03-22",
        "close": 40.075001,
        "volume": 11784,
        "typical_volume": 2984.05,
        "trend": 36.196833,
        "fair_value": 34.166763,
        "relative_strength": -3.03838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.821124,
        "energy": 71.705704,
        "activity_lines": [
          39.869001,
          39.439,
          38.398072,
          37.391753
        ]
      },
      {
        "date": "2024-03-29",
        "close": 40.669998,
        "volume": 12805,
        "typical_volume": 3580.3,
        "trend": 36.384333,
        "fair_value": 34.217596,
        "relative_strength": -2.74175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.719315,
        "energy": 85.574164,
        "activity_lines": [
          40.172667,
          39.748455,
          38.708048,
          37.680344
        ]
      },
      {
        "date": "2024-04-05",
        "close": 40.220001,
        "volume": 157,
        "typical_volume": 3578.15,
        "trend": 36.573833,
        "fair_value": 34.260705,
        "relative_strength": -1.749474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.370965,
        "energy": 68.339973,
        "activity_lines": [
          40.243,
          39.911909,
          38.942857,
          37.927806
        ]
      },
      {
        "date": "2024-04-12",
        "close": 39.855,
        "volume": 3403,
        "typical_volume": 3666.75,
        "trend": 36.746,
        "fair_value": 34.297308,
        "relative_strength": -1.972155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.568552,
        "energy": 66.793189,
        "activity_lines": [
          40.152333,
          39.966182,
          39.117381,
          38.139495
        ]
      },
      {
        "date": "2024-04-19",
        "close": 38.625,
        "volume": 474,
        "typical_volume": 3599.9,
        "trend": 36.909,
        "fair_value": 34.326154,
        "relative_strength": -5.41127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.766381,
        "energy": 55.571084,
        "activity_lines": [
          39.641333,
          39.768,
          39.152881,
          38.26072
        ]
      },
      {
        "date": "2024-04-26",
        "close": 39.110001,
        "volume": 2271,
        "typical_volume": 3619.7,
        "trend": 37.104333,
        "fair_value": 34.357981,
        "relative_strength": -5.087243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.255167,
        "energy": 37.333814,
        "activity_lines": [
          39.381667,
          39.657455,
          39.219834,
          38.40272
        ]
      },
      {
        "date": "2024-05-03",
        "close": 38.93,
        "volume": 1272,
        "typical_volume": 3676.2,
        "trend": 37.2955,
        "fair_value": 34.386699,
        "relative_strength": -3.758371,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.863583,
        "energy": 33.436547,
        "activity_lines": [
          39.126334,
          39.512455,
          39.253095,
          38.520505
        ]
      },
      {
        "date": "2024-05-10",
        "close": 40.314999,
        "volume": 8542,
        "typical_volume": 4103.3,
        "trend": 37.518,
        "fair_value": 34.428141,
        "relative_strength": -3.276379,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.754311,
        "energy": 33.001994,
        "activity_lines": [
          39.448667,
          39.628182,
          39.407191,
          38.715312
        ]
      },
      {
        "date": "2024-05-17",
        "close": 40.915001,
        "volume": 6510,
        "typical_volume": 3834.6,
        "trend": 37.786333,
        "fair_value": 34.472852,
        "relative_strength": -3.849388,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.642146,
        "energy": 55.103452,
        "activity_lines": [
          39.964667,
          39.840546,
          39.600762,
          38.934473
        ]
      },
      {
        "date": "2024-05-24",
        "close": 41.044998,
        "volume": 3503,
        "typical_volume": 3958.1,
        "trend": 38.058666,
        "fair_value": 34.515801,
        "relative_strength": -0.955922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.069216,
        "energy": 69.188296,
        "activity_lines": [
          40.453333,
          40.054454,
          39.787714,
          39.14471
        ]
      },
      {
        "date": "2024-05-31",
        "close": 40.185001,
        "volume": 16599,
        "typical_volume": 4776.05,
        "trend": 38.2725,
        "fair_value": 34.552981,
        "relative_strength": -2.930105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.958455,
        "energy": 66.568642,
        "activity_lines": [
          40.494,
          40.092455,
          39.871095,
          39.281892
        ]
      },
      {
        "date": "2024-06-07",
        "close": 41.275002,
        "volume": 12122,
        "typical_volume": 5316.45,
        "trend": 38.518833,
        "fair_value": 34.595769,
        "relative_strength": -0.713097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.088461,
        "energy": 82.134143,
        "activity_lines": [
          40.826334,
          40.326637,
          40.042286,
          39.475602
        ]
      },
      {
        "date": "2024-06-14",
        "close": 41.790001,
        "volume": 766,
        "typical_volume": 5228.45,
        "trend": 38.749833,
        "fair_value": 34.644776,
        "relative_strength": 6.590751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.28233,
        "energy": 84.228929,
        "activity_lines": [
          41.174001,
          40.643455,
          40.242834,
          39.686645
        ]
      },
      {
        "date": "2024-06-21",
        "close": 42.130001,
        "volume": 2671,
        "typical_volume": 5270.0,
        "trend": 38.978833,
        "fair_value": 34.690481,
        "relative_strength": 5.34464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.983751,
        "energy": 73.245067,
        "activity_lines": [
          41.536668,
          40.993546,
          40.457072,
          39.904721
        ]
      },
      {
        "date": "2024-06-28",
        "close": 42.209999,
        "volume": 5457,
        "typical_volume": 5522.85,
        "trend": 39.2015,
        "fair_value": 34.733365,
        "relative_strength": 5.954414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.595437,
        "energy": 87.417957,
        "activity_lines": [
          41.845,
          41.316819,
          40.660548,
          40.113183
        ]
      },
      {
        "date": "2024-07-05",
        "close": 42.785,
        "volume": 7556,
        "typical_volume": 5557.65,
        "trend": 39.439833,
        "fair_value": 34.778782,
        "relative_strength": 4.723052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.813926,
        "energy": 90.907158,
        "activity_lines": [
          42.267334,
          41.679455,
          40.901572,
          40.344377
        ]
      },
      {
        "date": "2024-07-12",
        "close": 43.435001,
        "volume": 4457,
        "typical_volume": 5714.7,
        "trend": 39.6675,
        "fair_value": 34.829327,
        "relative_strength": 4.429929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.376544,
        "energy": 93.961664,
        "activity_lines": [
          42.733,
          42.093455,
          41.186548,
          40.602129
        ]
      },
      {
        "date": "2024-07-19",
        "close": 42.494999,
        "volume": 16665,
        "typical_volume": 6110.95,
        "trend": 39.863833,
        "fair_value": 34.870481,
        "relative_strength": 3.235384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.698905,
        "energy": 82.742182,
        "activity_lines": [
          42.741333,
          42.254637,
          41.362881,
          40.784549
        ]
      },
      {
        "date": "2024-07-26",
        "close": 41.990002,
        "volume": 48477,
        "typical_volume": 8444.4,
        "trend": 40.032667,
        "fair_value": 34.908622,
        "relative_strength": 3.161163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.124489,
        "energy": 62.519462,
        "activity_lines": [
          42.534334,
          42.284364,
          41.477477,
          40.921721
        ]
      },
      {
        "date": "2024-08-02",
        "close": 40.895,
        "volume": 18502,
        "typical_volume": 9199.65,
        "trend": 40.179334,
        "fair_value": 34.937756,
        "relative_strength": 6.020682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.517287,
        "energy": 38.554597,
        "activity_lines": [
          41.971667,
          42.095455,
          41.476881,
          40.977355
        ]
      },
      {
        "date": "2024-08-09",
        "close": 41.02,
        "volume": 2860,
        "typical_volume": 8753.45,
        "trend": 40.319167,
        "fair_value": 34.966218,
        "relative_strength": 7.025458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.685678,
        "energy": 26.181109,
        "activity_lines": [
          41.538334,
          41.932,
          41.483786,
          41.031592
        ]
      },
      {
        "date": "2024-08-16",
        "close": 42.669998,
        "volume": 236,
        "typical_volume": 8125.0,
        "trend": 40.5035,
        "fair_value": 35.007179,
        "relative_strength": 6.964972,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.309166,
        "energy": 29.196303,
        "activity_lines": [
          41.772666,
          42.053364,
          41.643333,
          41.183258
        ]
      },
      {
        "date": "2024-08-23",
        "close": 43.330002,
        "volume": 683,
        "typical_volume": 8151.3,
        "trend": 40.685667,
        "fair_value": 35.048558,
        "relative_strength": 6.512474,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.54554,
        "energy": 37.159822,
        "activity_lines": [
          42.278,
          42.269364,
          41.856215,
          41.365613
        ]
      },
      {
        "date": "2024-08-30",
        "close": 43.119999,
        "volume": 5285,
        "typical_volume": 8245.4,
        "trend": 40.847333,
        "fair_value": 35.086731,
        "relative_strength": 3.715155,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.078685,
        "energy": 49.322145,
        "activity_lines": [
          42.657666,
          42.419182,
          42.034286,
          41.522667
        ]
      },
      {
        "date": "2024-09-06",
        "close": 41.709999,
        "volume": 15022,
        "typical_volume": 8972.8,
        "trend": 40.951167,
        "fair_value": 35.118718,
        "relative_strength": 3.535524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.548405,
        "energy": 44.304668,
        "activity_lines": [
          42.492,
          42.294636,
          42.062524,
          41.578323
        ]
      },
      {
        "date": "2024-09-13",
        "close": 42.790001,
        "volume": 37089,
        "typical_volume": 10713.7,
        "trend": 41.077,
        "fair_value": 35.159551,
        "relative_strength": 5.215872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.230646,
        "energy": 46.194098,
        "activity_lines": [
          42.632,
          42.375545,
          42.178929,
          41.696957
        ]
      },
      {
        "date": "2024-09-20",
        "close": 43.75,
        "volume": 10262,
        "typical_volume": 11163.2,
        "trend": 41.221334,
        "fair_value": 35.206731,
        "relative_strength": 6.762866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.72147,
        "energy": 55.598692,
        "activity_lines": [
          42.974,
          42.630909,
          42.369238,
          41.869409
        ]
      },
      {
        "date": "2024-09-27",
        "close": 44.264999,
        "volume": 132116,
        "typical_volume": 17341.9,
        "trend": 41.375833,
        "fair_value": 35.263622,
        "relative_strength": 4.856175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.185423,
        "energy": 56.218152,
        "activity_lines": [
          43.415666,
          42.974182,
          42.585643,
          42.065774
        ]
      },
      {
        "date": "2024-10-04",
        "close": 43.93,
        "volume": 38904,
        "typical_volume": 18961.6,
        "trend": 41.516833,
        "fair_value": 35.314231,
        "relative_strength": 7.378473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.298889,
        "energy": 70.311123,
        "activity_lines": [
          43.683333,
          43.224363,
          42.751333,
          42.230559
        ]
      },
      {
        "date": "2024-10-11",
        "close": 44.775002,
        "volume": 12134,
        "typical_volume": 19393.15,
        "trend": 41.677,
        "fair_value": 35.366891,
        "relative_strength": 6.974087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.567639,
        "energy": 81.877528,
        "activity_lines": [
          44.178667,
          43.592909,
          42.983143,
          42.440764
        ]
      },
      {
        "date": "2024-10-18",
        "close": 45.169998,
        "volume": 8773,
        "typical_volume": 19001.85,
        "trend": 41.846833,
        "fair_value": 35.418301,
        "relative_strength": 5.035746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.790303,
        "energy": 86.694003,
        "activity_lines": [
          44.601333,
          43.962727,
          43.234809,
          42.666118
        ]
      },
      {
        "date": "2024-10-25",
        "close": 45.02,
        "volume": 7567,
        "typical_volume": 18774.1,
        "trend": 41.991833,
        "fair_value": 35.46609,
        "relative_strength": 5.825788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.093084,
        "energy": 84.263454,
        "activity_lines": [
          44.815333,
          44.229818,
          43.448452,
          42.870839
        ]
      },
      {
        "date": "2024-11-01",
        "close": 44.305,
        "volume": 13424,
        "typical_volume": 19407.0,
        "trend": 42.128,
        "fair_value": 35.50359,
        "relative_strength": 4.281478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.891218,
        "energy": 74.76127,
        "activity_lines": [
          44.706333,
          44.324182,
          43.576167,
          43.020075
        ]
      },
      {
        "date": "2024-11-08",
        "close": 46.255001,
        "volume": 22590,
        "typical_volume": 20402.95,
        "trend": 42.341333,
        "fair_value": 35.55516,
        "relative_strength": 11.323908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.378321,
        "energy": 84.179713,
        "activity_lines": [
          45.244667,
          44.755364,
          43.877619,
          43.286333
        ]
      },
      {
        "date": "2024-11-15",
        "close": 45.384998,
        "volume": 11693,
        "typical_volume": 20714.75,
        "trend": 42.566667,
        "fair_value": 35.599295,
        "relative_strength": 7.786453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.213939,
        "energy": 66.984331,
        "activity_lines": [
          45.337999,
          44.971363,
          44.076571,
          43.482699
        ]
      },
      {
        "date": "2024-11-22",
        "close": 46.125,
        "volume": 17119,
        "typical_volume": 21192.9,
        "trend": 42.8005,
        "fair_value": 35.655352,
        "relative_strength": 11.511614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.527079,
        "energy": 70.612661,
        "activity_lines": [
          45.637333,
          45.255091,
          44.330881,
          43.712269
        ]
      },
      {
        "date": "2024-11-29",
        "close": 46.689999,
        "volume": 7280,
        "typical_volume": 21334.05,
        "trend": 43.059167,
        "fair_value": 35.718269,
        "relative_strength": 12.778819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.584861,
        "energy": 87.472996,
        "activity_lines": [
          46.061333,
          45.580909,
          44.623095,
          43.963204
        ]
      },
      {
        "date": "2024-12-06",
        "close": 47.169998,
        "volume": 21755,
        "typical_volume": 21588.55,
        "trend": 43.287667,
        "fair_value": 35.776987,
        "relative_strength": 9.246735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.700336,
        "energy": 89.768128,
        "activity_lines": [
          46.533999,
          45.940545,
          44.945523,
          44.228419
        ]
      },
      {
        "date": "2024-12-13",
        "close": 46.77,
        "volume": 7510,
        "typical_volume": 19540.2,
        "trend": 43.482833,
        "fair_value": 35.834872,
        "relative_strength": 7.663164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.810211,
        "energy": 87.024961,
        "activity_lines": [
          46.682332,
          46.174636,
          45.207595,
          44.453086
        ]
      },
      {
        "date": "2024-12-20",
        "close": 45.959999,
        "volume": 11226,
        "typical_volume": 19176.4,
        "trend": 43.646667,
        "fair_value": 35.883558,
        "relative_strength": 9.055908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.553086,
        "energy": 66.188368,
        "activity_lines": [
          46.526332,
          46.209817,
          45.369761,
          44.612903
        ]
      },
      {
        "date": "2024-12-27",
        "close": 46.084999,
        "volume": 553,
        "typical_volume": 19061.05,
        "trend": 43.843333,
        "fair_value": 35.929327,
        "relative_strength": 7.867874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.621648,
        "energy": 58.04371,
        "activity_lines": [
          46.373666,
          46.246181,
          45.519714,
          44.770215
        ]
      },
      {
        "date": "2025-01-03",
        "close": 45.715,
        "volume": 7215,
        "typical_volume": 19410.0,
        "trend": 43.991333,
        "fair_value": 35.980096,
        "relative_strength": 6.874187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.07415,
        "energy": 40.410141,
        "activity_lines": [
          46.100333,
          46.198636,
          45.610309,
          44.890967
        ]
      },
      {
        "date": "2025-01-10",
        "close": 44.93,
        "volume": 10971,
        "typical_volume": 19924.4,
        "trend": 44.096,
        "fair_value": 36.028622,
        "relative_strength": 2.046749,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.578656,
        "energy": 25.867199,
        "activity_lines": [
          45.630333,
          45.995727,
          45.611642,
          44.951527
        ]
      },
      {
        "date": "2025-01-17",
        "close": 46.455002,
        "volume": 18371,
        "typical_volume": 20578.7,
        "trend": 44.240167,
        "fair_value": 36.094551,
        "relative_strength": 1.998186,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.336369,
        "energy": 25.052916,
        "activity_lines": [
          45.818,
          46.058727,
          45.750595,
          45.10372
        ]
      },
      {
        "date": "2025-01-24",
        "close": 47.294998,
        "volume": 12863,
        "typical_volume": 20470.75,
        "trend": 44.409666,
        "fair_value": 36.173077,
        "relative_strength": 3.939141,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.35221,
        "energy": 40.393728,
        "activity_lines": [
          46.306666,
          46.270818,
          45.953666,
          45.300806
        ]
      },
      {
        "date": "2025-01-31",
        "close": 46.779999,
        "volume": 18153,
        "typical_volume": 19523.95,
        "trend": 44.542833,
        "fair_value": 36.242179,
        "relative_strength": 1.986057,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.538509,
        "energy": 41.383973,
        "activity_lines": [
          46.534666,
          46.354545,
          46.081095,
          45.453731
        ]
      },
      {
        "date": "2025-02-07",
        "close": 46.695,
        "volume": 3830,
        "typical_volume": 19202.35,
        "trend": 44.6515,
        "fair_value": 36.309231,
        "relative_strength": 0.163671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.806893,
        "energy": 48.578586,
        "activity_lines": [
          46.688,
          46.410909,
          46.181428,
          45.59258
        ]
      },
      {
        "date": "2025-02-14",
        "close": 47.23,
        "volume": 5124,
        "typical_volume": 12852.75,
        "trend": 44.809333,
        "fair_value": 36.386699,
        "relative_strength": -1.169576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.432079,
        "energy": 66.734641,
        "activity_lines": [
          46.954333,
          46.564454,
          46.31869,
          45.758935
        ]
      },
      {
        "date": "2025-02-21",
        "close": 46.955002,
        "volume": 3907,
        "typical_volume": 11102.9,
        "trend": 44.974833,
        "fair_value": 36.462628,
        "relative_strength": -2.902622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.606522,
        "energy": 55.808691,
        "activity_lines": [
          46.975667,
          46.666909,
          46.415643,
          45.897365
        ]
      },
      {
        "date": "2025-02-28",
        "close": 45.279999,
        "volume": 12873,
        "typical_volume": 11139.85,
        "trend": 45.121,
        "fair_value": 36.531667,
        "relative_strength": -6.887723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.450342,
        "energy": 18.78176,
        "activity_lines": [
          46.405333,
          46.461455,
          46.338666,
          45.917054
        ]
      },
      {
        "date": "2025-03-07",
        "close": 43.805,
        "volume": 45570,
        "typical_volume": 12979.7,
        "trend": 45.213833,
        "fair_value": 36.59359,
        "relative_strength": -9.702399,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -14.544215,
        "energy": 19.889181,
        "activity_lines": [
          45.477667,
          46.000182,
          46.118809,
          45.83215
        ]
      },
      {
        "date": "2025-03-14",
        "close": 43.235001,
        "volume": 33882,
        "typical_volume": 14295.45,
        "trend": 45.232667,
        "fair_value": 36.642468,
        "relative_strength": -10.939678,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -42.63675,
        "energy": 44.657511,
        "activity_lines": [
          44.558334,
          45.476727,
          45.851167,
          45.704484
        ]
      },
      {
        "date": "2025-03-21",
        "close": 43.5,
        "volume": 21677,
        "typical_volume": 14708.1,
        "trend": 45.238333,
        "fair_value": 36.688333,
        "relative_strength": -11.196969,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.968659,
        "energy": 64.887497,
        "activity_lines": [
          43.958,
          45.046546,
          45.617262,
          45.592699
        ]
      },
      {
        "date": "2025-03-28",
        "close": 43.095001,
        "volume": 4989,
        "typical_volume": 13828.05,
        "trend": 45.2375,
        "fair_value": 36.730481,
        "relative_strength": -11.270516,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.000815,
        "energy": 76.024958,
        "activity_lines": [
          43.471334,
          44.568728,
          45.348619,
          45.454419
        ]
      },
      {
        "date": "2025-04-04",
        "close": 39.93,
        "volume": 16765,
        "typical_volume": 14081.65,
        "trend": 45.178167,
        "fair_value": 36.753686,
        "relative_strength": -8.040008,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.367289,
        "energy": 96.61788,
        "activity_lines": [
          42.187,
          43.576546,
          44.793595,
          45.112
        ]
      },
      {
        "date": "2025-04-11",
        "close": 40.509998,
        "volume": 11548,
        "typical_volume": 13803.1,
        "trend": 45.102166,
        "fair_value": 36.78516,
        "relative_strength": -5.016346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.820228,
        "energy": 89.551889,
        "activity_lines": [
          41.452666,
          42.823727,
          44.319786,
          44.810828
        ]
      },
      {
        "date": "2025-04-18",
        "close": 40.799999,
        "volume": 45883,
        "typical_volume": 15733.25,
        "trend": 45.003833,
        "fair_value": 36.824135,
        "relative_strength": -9.519865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.377179,
        "energy": 85.67335,
        "activity_lines": [
          41.034666,
          42.237636,
          43.900333,
          44.533269
        ]
      },
      {
        "date": "2025-04-25",
        "close": 42.279999,
        "volume": 23313,
        "typical_volume": 15811.15,
        "trend": 44.937666,
        "fair_value": 36.879359,
        "relative_strength": -9.658466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.684123,
        "energy": 66.622463,
        "activity_lines": [
          41.272332,
          42.027818,
          43.649881,
          44.357537
        ]
      },
      {
        "date": "2025-05-02",
        "close": 43.625,
        "volume": 29043,
        "typical_volume": 16887.8,
        "trend": 44.9275,
        "fair_value": 36.947852,
        "relative_strength": -9.140855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.840201,
        "energy": 47.907093,
        "activity_lines": [
          42.039666,
          42.152545,
          43.550809,
          44.272849
        ]
      },
      {
        "date": "2025-05-09",
        "close": 43.654999,
        "volume": 9660,
        "typical_volume": 16809.5,
        "trend": 44.890166,
        "fair_value": 37.023141,
        "relative_strength": -11.410778,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.058219,
        "energy": 27.907901,
        "activity_lines": [
          42.781666,
          42.343272,
          43.469571,
          44.190752
        ]
      },
      {
        "date": "2025-05-16",
        "close": 45.759998,
        "volume": 5018,
        "typical_volume": 17032.75,
        "trend": 44.909833,
        "fair_value": 37.119487,
        "relative_strength": -10.034545,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.968467,
        "energy": 21.868651,
        "activity_lines": [
          43.976999,
          42.946272,
          43.599785,
          44.246871
        ]
      },
      {
        "date": "2025-05-23",
        "close": 44.735001,
        "volume": 38157,
        "typical_volume": 18579.85,
        "trend": 44.900333,
        "fair_value": 37.196314,
        "relative_strength": -9.339336,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.177777,
        "energy": 26.362616,
        "activity_lines": [
          44.480666,
          43.327363,
          43.633928,
          44.235591
        ]
      },
      {
        "date": "2025-05-30",
        "close": 45.514999,
        "volume": 6135,
        "typical_volume": 18338.05,
        "trend": 44.940666,
        "fair_value": 37.278942,
        "relative_strength": -9.125361,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 23.288547,
        "energy": 31.345585,
        "activity_lines": [
          44.981999,
          43.822999,
          43.747023,
          44.275247
        ]
      },
      {
        "date": "2025-06-06",
        "close": 46.264999,
        "volume": 34064,
        "typical_volume": 19122.7,
        "trend": 44.941,
        "fair_value": 37.377308,
        "relative_strength": -8.727399,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.445364,
        "energy": 38.42276,
        "activity_lines": [
          45.517666,
          44.418363,
          43.928761,
          44.360688
        ]
      },
      {
        "date": "2025-06-13",
        "close": 46.325001,
        "volume": 12002,
        "typical_volume": 19079.65,
        "trend": 44.972333,
        "fair_value": 37.48782,
        "relative_strength": -5.761974,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.274926,
        "energy": 50.312315,
        "activity_lines": [
          45.897333,
          44.967,
          44.117119,
          44.449978
        ]
      },
      {
        "date": "2025-06-20",
        "close": 46.044998,
        "volume": 11685,
        "typical_volume": 18756.25,
        "trend": 44.969666,
        "fair_value": 37.585384,
        "relative_strength": -5.702364,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.310982,
        "energy": 49.736228,
        "activity_lines": [
          46.005666,
          45.348454,
          44.283428,
          44.519182
        ]
      },
      {
        "date": "2025-06-27",
        "close": 47.560001,
        "volume": 20530,
        "typical_volume": 19591.25,
        "trend": 44.998666,
        "fair_value": 37.698526,
        "relative_strength": -3.738412,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.25707,
        "energy": 58.296516,
        "activity_lines": [
          46.6,
          45.904727,
          44.597523,
          44.686301
        ]
      },
      {
        "date": "2025-07-04",
        "close": 47.990002,
        "volume": 13751,
        "typical_volume": 20022.6,
        "trend": 45.026,
        "fair_value": 37.807179,
        "relative_strength": -2.502077,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.312896,
        "energy": 68.675295,
        "activity_lines": [
          47.149334,
          46.416273,
          44.948452,
          44.87929
        ]
      },
      {
        "date": "2025-07-11",
        "close": 48.084999,
        "volume": 9012,
        "typical_volume": 20277.85,
        "trend": 45.069833,
        "fair_value": 37.92,
        "relative_strength": -3.336414,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.947629,
        "energy": 88.738728,
        "activity_lines": [
          47.565334,
          46.841273,
          45.304809,
          45.076645
        ]
      },
      {
        "date": "2025-07-18",
        "close": 48.43,
        "volume": 10674,
        "typical_volume": 20167.9,
        "trend": 45.152166,
        "fair_value": 38.028526,
        "relative_strength": -3.147102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.847276,
        "energy": 90.875386,
        "activity_lines": [
          47.975,
          47.247909,
          45.688643,
          45.29343
        ]
      },
      {
        "date": "2025-07-25",
        "close": 49.044998,
        "volume": 5734,
        "typical_volume": 18176.1,
        "trend": 45.250833,
        "fair_value": 38.135032,
        "relative_strength": -2.85763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.766562,
        "energy": 92.677752,
        "activity_lines": [
          48.449333,
          47.679545,
          46.116047,
          45.54458
        ]
      },
      {
        "date": "2025-08-01",
        "close": 47.950001,
        "volume": 15637,
        "typical_volume": 17263.85,
        "trend": 45.325333,
        "fair_value": 38.233141,
        "relative_strength": -3.04928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.49635,
        "energy": 86.194218,
        "activity_lines": [
          48.358666,
          47.852364,
          46.414214,
          45.71872
        ]
      },
      {
        "date": "2025-08-08",
        "close": 49.060001,
        "volume": 8245,
        "typical_volume": 16592.25,
        "trend": 45.463,
        "fair_value": 38.331667,
        "relative_strength": -4.645085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.527904,
        "energy": 84.395469,
        "activity_lines": [
          48.612,
          48.168546,
          46.795643,
          45.959666
        ]
      },
      {
        "date": "2025-08-15",
        "close": 49.560001,
        "volume": 8083,
        "typical_volume": 16746.95,
        "trend": 45.5665,
        "fair_value": 38.434327,
        "relative_strength": -5.809545,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.456733,
        "energy": 88.889936,
        "activity_lines": [
          48.960667,
          48.511182,
          47.198214,
          46.223989
        ]
      },
      {
        "date": "2025-08-22",
        "close": 49.73,
        "volume": 48312,
        "typical_volume": 18324.3,
        "trend": 45.647667,
        "fair_value": 38.543878,
        "relative_strength": -6.715244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.048335,
        "energy": 84.015857,
        "activity_lines": [
          49.267667,
          48.824818,
          47.58619,
          46.492602
        ]
      },
      {
        "date": "2025-08-29",
        "close": 49.580002,
        "volume": 15474,
        "typical_volume": 18520.6,
        "trend": 45.741,
        "fair_value": 38.658141,
        "relative_strength": -4.422584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.01564,
        "energy": 84.992825,
        "activity_lines": [
          49.438001,
          49.049273,
          47.913215,
          46.746301
        ]
      },
      {
        "date": "2025-09-05",
        "close": 49.689999,
        "volume": 2722,
        "typical_volume": 16362.55,
        "trend": 45.840833,
        "fair_value": 38.770609,
        "relative_strength": -2.767646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.027555,
        "energy": 83.424838,
        "activity_lines": [
          49.609334,
          49.229455,
          48.207524,
          47.001075
        ]
      },
      {
        "date": "2025-09-12",
        "close": 50.59,
        "volume": 17255,
        "typical_volume": 16059.65,
        "trend": 45.952833,
        "fair_value": 38.886058,
        "relative_strength": -3.103707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.733512,
        "energy": 73.806874,
        "activity_lines": [
          49.964667,
          49.534546,
          48.545214,
          47.307473
        ]
      },
      {
        "date": "2025-09-19",
        "close": 50.98,
        "volume": 10374,
        "typical_volume": 15126.2,
        "trend": 46.087,
        "fair_value": 39.026186,
        "relative_strength": -1.630264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.401442,
        "energy": 73.113595,
        "activity_lines": [
          50.348,
          49.863273,
          48.880476,
          47.631806
        ]
      },
      {
        "date": "2025-09-26",
        "close": 50.869999,
        "volume": 75442,
        "typical_volume": 18415.3,
        "trend": 46.273333,
        "fair_value": 39.167051,
        "relative_strength": -2.486021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.520921,
        "energy": 78.118006,
        "activity_lines": [
          50.6,
          50.119364,
          49.170238,
          47.940387
        ]
      },
      {
        "date": "2025-10-03",
        "close": 51.720001,
        "volume": 15080,
        "typical_volume": 18918.4,
        "trend": 46.537167,
        "fair_value": 39.312917,
        "relative_strength": -2.08679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.219669,
        "energy": 88.293434,
        "activity_lines": [
          51.059333,
          50.485637,
          49.506595,
          48.291785
        ]
      },
      {
        "date": "2025-10-10",
        "close": 50.970001,
        "volume": 37546,
        "typical_volume": 18887.85,
        "trend": 46.795,
        "fair_value": 39.456346,
        "relative_strength": -0.584435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.817582,
        "energy": 67.229552,
        "activity_lines": [
          51.126,
          50.666909,
          49.743143,
          48.577774
        ]
      },
      {
        "date": "2025-10-17",
        "close": 50.709999,
        "volume": 59693,
        "typical_volume": 21565.75,
        "trend": 47.035333,
        "fair_value": 39.595449,
        "relative_strength": -0.296611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.349899,
        "energy": 64.440871,
        "activity_lines": [
          51.020667,
          50.746,
          49.925238,
          48.830355
        ]
      },
      {
        "date": "2025-10-24",
        "close": 51.549999,
        "volume": 19210,
        "typical_volume": 20823.05,
        "trend": 47.317166,
        "fair_value": 39.731314,
        "relative_strength": -0.256143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.045794,
        "energy": 66.469861,
        "activity_lines": [
          51.187333,
          50.947818,
          50.162595,
          49.121624
        ]
      },
      {
        "date": "2025-10-31",
        "close": 52.450001,
        "volume": 35595,
        "typical_volume": 22002.7,
        "trend": 47.7345,
        "fair_value": 39.879487,
        "relative_strength": -0.03257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.346889,
        "energy": 69.497391,
        "activity_lines": [
          51.616,
          51.277091,
          50.4605,
          49.452774
        ]
      },
      {
        "date": "2025-11-07",
        "close": 50.919998,
        "volume": 70615,
        "typical_volume": 24949.2,
        "trend": 48.0815,
        "fair_value": 40.006891,
        "relative_strength": -2.086525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.500739,
        "energy": 55.343399,
        "activity_lines": [
          51.429333,
          51.278727,
          50.583524,
          49.65829
        ]
      },
      {
        "date": "2025-11-14",
        "close": 51.77,
        "volume": 43982,
        "typical_volume": 26121.8,
        "trend": 48.447167,
        "fair_value": 40.141474,
        "relative_strength": -2.656294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.493823,
        "energy": 55.024179,
        "activity_lines": [
          51.579333,
          51.410545,
          50.764286,
          49.896258
        ]
      },
      {
        "date": "2025-11-21",
        "close": 50.27,
        "volume": 108377,
        "typical_volume": 30853.1,
        "trend": 48.7135,
        "fair_value": 40.261282,
        "relative_strength": -2.214161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.488457,
        "energy": 36.847789,
        "activity_lines": [
          51.176,
          51.231818,
          50.782143,
          50.01386
        ]
      },
      {
        "date": "2025-11-28",
        "close": 52.330002,
        "volume": 38890,
        "typical_volume": 32347.0,
        "trend": 49.003667,
        "fair_value": 40.393173,
        "relative_strength": 0.466418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.921936,
        "energy": 41.176087,
        "activity_lines": [
          51.488667,
          51.433455,
          50.985333,
          50.247183
        ]
      },
      {
        "date": "2025-12-05",
        "close": 52.57,
        "volume": 12407,
        "typical_volume": 32433.65,
        "trend": 49.300833,
        "fair_value": 40.530929,
        "relative_strength": 0.988278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.656136,
        "energy": 47.547661,
        "activity_lines": [
          51.829334,
          51.654182,
          51.191167,
          50.477269
        ]
      },
      {
        "date": "2025-12-12",
        "close": 52.16,
        "volume": 13795,
        "typical_volume": 32836.7,
        "trend": 49.514167,
        "fair_value": 40.672404,
        "relative_strength": 0.24228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.632382,
        "energy": 43.881545,
        "activity_lines": [
          52.025334,
          51.769455,
          51.338238,
          50.661731
        ]
      },
      {
        "date": "2025-12-19",
        "close": 52.240002,
        "volume": 56430,
        "typical_volume": 34876.35,
        "trend": 49.764333,
        "fair_value": 40.815449,
        "relative_strength": -2.088948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.316415,
        "energy": 48.963785,
        "activity_lines": [
          52.165334,
          51.891273,
          51.478095,
          50.837592
        ]
      },
      {
        "date": "2025-12-26",
        "close": 52.709999,
        "volume": 15561,
        "typical_volume": 35242.15,
        "trend": 50.004167,
        "fair_value": 40.962115,
        "relative_strength": -0.605212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.79487,
        "energy": 57.79864,
        "activity_lines": [
          52.430667,
          52.075455,
          51.642286,
          51.027635
        ]
      },
      {
        "date": "2026-01-02",
        "close": 52.279999,
        "volume": 27767,
        "typical_volume": 36226.35,
        "trend": 50.204667,
        "fair_value": 41.103718,
        "relative_strength": -2.787966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.042762,
        "energy": 43.181094,
        "activity_lines": [
          52.39,
          52.145091,
          51.748143,
          51.174462
        ]
      },
      {
        "date": "2026-01-09",
        "close": 53.119999,
        "volume": 51690,
        "typical_volume": 36395.25,
        "trend": 50.431167,
        "fair_value": 41.245032,
        "relative_strength": -1.782479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.521042,
        "energy": 48.07815,
        "activity_lines": [
          52.632666,
          52.354182,
          51.921048,
          51.362548
        ]
      },
      {
        "date": "2026-01-16",
        "close": 53.09,
        "volume": 48139,
        "typical_volume": 38028.5,
        "trend": 50.666,
        "fair_value": 41.388045,
        "relative_strength": -1.817289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.007573,
        "energy": 49.647477,
        "activity_lines": [
          52.828666,
          52.545636,
          52.074952,
          51.534086
        ]
      },
      {
        "date": "2026-01-23",
        "close": 52.82,
        "volume": 81404,
        "typical_volume": 41962.6,
        "trend": 50.841333,
        "fair_value": 41.522885,
        "relative_strength": 0.001487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.787565,
        "energy": 42.361433,
        "activity_lines": [
          52.872666,
          52.648545,
          52.186429,
          51.673054
        ]
      },
      {
        "date": "2026-01-30",
        "close": 52.849998,
        "volume": 97466,
        "typical_volume": 45973.15,
        "trend": 51.003333,
        "fair_value": 41.652083,
        "relative_strength": -1.272931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.479078,
        "energy": 41.929818,
        "activity_lines": [
          52.887999,
          52.737818,
          52.285857,
          51.802645
        ]
      },
      {
        "date": "2026-02-06",
        "close": 52.529999,
        "volume": 85738,
        "typical_volume": 49741.35,
        "trend": 51.1515,
        "fair_value": 41.784327,
        "relative_strength": -2.43568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.048664,
        "energy": 34.854208,
        "activity_lines": [
          52.787332,
          52.721999,
          52.344047,
          51.90114
        ]
      },
      {
        "date": "2026-02-13",
        "close": 52.18,
        "volume": 57140,
        "typical_volume": 48826.25,
        "trend": 51.2765,
        "fair_value": 41.915513,
        "relative_strength": -1.981641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.06008,
        "energy": 22.476362,
        "activity_lines": [
          52.553333,
          52.638908,
          52.361523,
          51.967494
        ]
      },
      {
        "date": "2026-02-20",
        "close": 52.349998,
        "volume": 135952,
        "typical_volume": 54869.85,
        "trend": 51.386667,
        "fair_value": 42.052628,
        "relative_strength": -3.71604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.851204,
        "energy": 17.356432,
        "activity_lines": [
          52.438666,
          52.593817,
          52.388952,
          52.036752
        ]
      },
      {
        "date": "2026-02-27",
        "close": 52.240002,
        "volume": 23603,
        "typical_volume": 54172.7,
        "trend": 51.529667,
        "fair_value": 42.186154,
        "relative_strength": -5.317371,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.121469,
        "energy": 17.256978,
        "activity_lines": [
          52.336667,
          52.525272,
          52.402904,
          52.091806
        ]
      },
      {
        "date": "2026-03-06",
        "close": 51.779999,
        "volume": 52645,
        "typical_volume": 53820.3,
        "trend": 51.620333,
        "fair_value": 42.321378,
        "relative_strength": 0.286698,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.98307,
        "energy": 13.646485,
        "activity_lines": [
          52.12,
          52.37309,
          52.367,
          52.107957
        ]
      },
      {
        "date": "2026-03-13",
        "close": 50.57,
        "volume": 37807,
        "typical_volume": 54750.15,
        "trend": 51.654,
        "fair_value": 42.449199,
        "relative_strength": -2.457742,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.204887,
        "energy": 28.460784,
        "activity_lines": [
          51.571333,
          52.017818,
          52.210762,
          52.040193
        ]
      },
      {
        "date": "2026-03-20",
        "close": 49.825001,
        "volume": 396421,
        "typical_volume": 72791.45,
        "trend": 51.657167,
        "fair_value": 42.571731,
        "relative_strength": -0.663095,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -41.927375,
        "energy": 55.375266,
        "activity_lines": [
          50.905,
          51.558182,
          51.988238,
          51.922193
        ]
      },
      {
        "date": "2026-03-27",
        "close": 48.689999,
        "volume": 17813,
        "typical_volume": 70151.35,
        "trend": 51.6275,
        "fair_value": 42.679679,
        "relative_strength": -4.145634,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -58.229361,
        "energy": 73.819688,
        "activity_lines": [
          50.017333,
          50.952091,
          51.670119,
          51.730763
        ]
      },
      {
        "date": "2026-04-03",
        "close": 49.950001,
        "volume": 7688,
        "typical_volume": 68336.65,
        "trend": 51.636167,
        "fair_value": 42.795961,
        "relative_strength": -6.417326,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.945411,
        "energy": 76.448343,
        "activity_lines": [
          49.793667,
          50.655091,
          51.482619,
          51.622537
        ]
      },
      {
        "date": "2026-04-10",
        "close": 51.799999,
        "volume": 30689,
        "typical_volume": 64452.25,
        "trend": 51.6765,
        "fair_value": 42.922051,
        "relative_strength": -6.838685,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.523984,
        "energy": 56.934256,
        "activity_lines": [
          50.339333,
          50.746636,
          51.479976,
          51.633107
        ]
      },
      {
        "date": "2026-04-17",
        "close": 54.0,
        "volume": 58416,
        "typical_volume": 65428.55,
        "trend": 51.777166,
        "fair_value": 43.062308,
        "relative_strength": -5.340886,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 20.181569,
        "energy": 10.392632,
        "activity_lines": [
          51.617,
          51.257273,
          51.679571,
          51.783011
        ]
      },
      {
        "date": "2026-04-24",
        "close": 54.119999,
        "volume": 31910,
        "typical_volume": 66403.7,
        "trend": 51.8855,
        "fair_value": 43.204904,
        "relative_strength": -2.721541,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 33.539457,
        "energy": 34.654354,
        "activity_lines": [
          52.706,
          51.763,
          51.882643,
          51.934161
        ]
      },
      {
        "date": "2026-05-01",
        "close": 54.299999,
        "volume": 31601,
        "typical_volume": 67294.0,
        "trend": 51.9715,
        "fair_value": 43.347628,
        "relative_strength": -3.571368,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.83119,
        "energy": 56.795331,
        "activity_lines": [
          53.568666,
          52.266181,
          52.095476,
          52.089935
        ]
      },
      {
        "date": "2026-05-08",
        "close": 55.880001,
        "volume": 11579,
        "typical_volume": 65051.45,
        "trend": 52.135166,
        "fair_value": 43.500288,
        "relative_strength": -2.907153,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.387689,
        "energy": 85.818275,
        "activity_lines": [
          54.584,
          53.021182,
          52.448595,
          52.342097
        ]
      },
      {
        "date": "2026-05-15",
        "close": 56.23,
        "volume": 12871,
        "typical_volume": 64916.95,
        "trend": 52.319166,
        "fair_value": 43.651667,
        "relative_strength": -1.984058,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.241244,
        "energy": 90.27317,
        "activity_lines": [
          55.320667,
          53.773636,
          52.817714,
          52.606279
        ]
      },
      {
        "date": "2026-05-22",
        "close": 56.779999,
        "volume": 58084,
        "typical_volume": 66432.8,
        "trend": 52.4935,
        "fair_value": 43.806602,
        "relative_strength": -1.83689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.387039,
        "energy": 91.785804,
        "activity_lines": [
          55.945333,
          54.545182,
          53.222452,
          52.894075
        ]
      },
      {
        "date": "2026-05-29",
        "close": 57.439999,
        "volume": 25529,
        "typical_volume": 65124.75,
        "trend": 52.659833,
        "fair_value": 43.961058,
        "relative_strength": -1.760054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.029507,
        "energy": 92.982537,
        "activity_lines": [
          56.604666,
          55.323818,
          53.668619,
          53.213204
        ]
      },
      {
        "date": "2026-06-05",
        "close": 56.790001,
        "volume": 6760,
        "typical_volume": 63055.8,
        "trend": 52.8555,
        "fair_value": 44.110384,
        "relative_strength": -2.589432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.837481,
        "energy": 86.610251,
        "activity_lines": [
          56.826,
          55.845818,
          54.032309,
          53.479666
        ]
      },
      {
        "date": "2026-06-12",
        "close": 56.32,
        "volume": 20053,
        "typical_volume": 59988.25,
        "trend": 53.007167,
        "fair_value": 44.250705,
        "relative_strength": -6.279745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.00251,
        "energy": 79.197525,
        "activity_lines": [
          56.724667,
          56.135091,
          54.333619,
          53.703183
        ]
      },
      {
        "date": "2026-06-19",
        "close": 56.669998,
        "volume": 0,
        "typical_volume": 55114.95,
        "trend": 53.2205,
        "fair_value": 44.397051,
        "relative_strength": -7.956014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.146373,
        "energy": 70.651141,
        "activity_lines": [
          56.710666,
          56.372181,
          54.651595,
          53.939494
        ]
      },
      {
        "date": "2026-06-26",
        "close": 55.810001,
        "volume": 32,
        "typical_volume": 50829.65,
        "trend": 53.3365,
        "fair_value": 44.533333,
        "relative_strength": -6.384997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.171412,
        "energy": 55.288068,
        "activity_lines": [
          56.380667,
          56.364363,
          54.869476,
          54.106559
        ]
      },
      {
        "date": "2026-07-03",
        "close": 56.869999,
        "volume": 957,
        "typical_volume": 48020.5,
        "trend": 53.479833,
        "fair_value": 44.677917,
        "relative_strength": -7.207161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.811039,
        "energy": 52.244164,
        "activity_lines": [
          56.468666,
          56.516363,
          55.17269,
          54.334527
        ]
      },
      {
        "date": "2026-07-10",
        "close": 57.259998,
        "volume": 13103,
        "typical_volume": 41878.05,
        "trend": 53.649833,
        "fair_value": 44.820897,
        "relative_strength": -6.033165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.431974,
        "energy": 60.724866,
        "activity_lines": [
          56.724666,
          56.689272,
          55.490714,
          54.578408
        ]
      },
      {
        "date": "2026-07-17",
        "close": 56.68,
        "volume": 11474,
        "typical_volume": 41271.6,
        "trend": 53.797833,
        "fair_value": 44.957243,
        "relative_strength": -5.501758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.288093,
        "energy": 57.686174,
        "activity_lines": [
          56.755999,
          56.702909,
          55.730119,
          54.773903
        ]
      },
      {
        "date": "2026-07-24",
        "close": 56.41,
        "volume": 66957,
        "typical_volume": 41987.2,
        "trend": 53.921166,
        "fair_value": 45.091602,
        "relative_strength": -5.62564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.974327,
        "energy": 54.715981,
        "activity_lines": [
          56.673333,
          56.652909,
          55.922666,
          54.94243
        ]
      },
      {
        "date": "2026-07-31",
        "close": 56.220001,
        "volume": 9482,
        "typical_volume": 40570.95,
        "trend": 54.0525,
        "fair_value": 45.226218,
        "relative_strength": -6.420676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.952414,
        "energy": 43.243909,
        "activity_lines": [
          56.544667,
          56.565091,
          56.075071,
          55.090742
        ]
      },
      {
        "date": "2026-08-07",
        "close": 58.75,
        "volume": 4954,
        "typical_volume": 20997.6,
        "trend": 54.240166,
        "fair_value": 45.380801,
        "relative_strength": -4.885314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.032328,
        "energy": 61.195198,
        "activity_lines": [
          57.232,
          56.947454,
          56.441524,
          55.393806
        ]
      }
    ],
    "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."
    }
  }
}