{
  "ticker": {
    "uuid": "baa6700a-3083-42c8-99e3-ed48cde510a3",
    "symbol": "WCLD",
    "name": "WisdomTree Cloud Computing UCITS ETF - USD Acc",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 90.884,
    "architecture_energy": 91.797,
    "architecture_maturity": 26.0,
    "architecture_confidence": 81.621,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 15.83,
        "rotation_up": 82.82,
        "upward_expansion": 96.61,
        "deceleration": 42.29,
        "rotation_down": 9.97,
        "downward_expansion": 20.94
      },
      "activity_lines": [
        30.519001,
        29.283255,
        27.454967,
        26.378974
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 33.047001,
    "trend_reference": 25.437933,
    "distance_from_trend": 0.299123,
    "trend_direction": "Weakening",
    "fair_value": 29.477021,
    "distance_from_fair_value": 0.121111,
    "fair_value_direction": "Improving",
    "relative_strength": 13.656475,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.445815,
    "excess_performance": 0.392504,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.299123,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.012671,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.121111,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.299844,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.136565,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.275881,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.445815,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.846262,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 14973,
      "relative_activity": 1.113901,
      "balance": 3.846262,
      "dry_up": 1.458271,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.057738,
      "annualized_volatility": 0.429783,
      "from_high_reference": -0.005088,
      "from_low_reference": 0.631145
    },
    "levels": {
      "trend_reference": 25.437933,
      "fair_value_reference": 29.477021,
      "structural_low": 20.26,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-02",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.072666,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-20",
        "end": "2025-07-11",
        "tenure": "New",
        "return": -0.006943,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-18",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.022676,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-10",
        "end": "2026-01-16",
        "tenure": "Established",
        "return": -0.06213,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-05-22",
        "tenure": "Established",
        "return": -0.061867,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-06-05",
        "tenure": "New",
        "return": 0.073198,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-12",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.144546,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.17823,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-10-27",
        "close": 25.305,
        "volume": 1,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 26.047001,
        "volume": 1507,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 25.995001,
        "volume": 10,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 27.132999,
        "volume": 2379,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 27.396999,
        "volume": 192,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 29.049999,
        "volume": 3206,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 29.488001,
        "volume": 178,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 30.993,
        "volume": 719,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 31.273001,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 31.554001,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 29.280001,
        "volume": 1362,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 30.771,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 30.576,
        "volume": 212,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 31.804001,
        "volume": 597,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 32.047001,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 33.650002,
        "volume": 353,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 33.131001,
        "volume": 1335,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 31.767,
        "volume": 6269,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 32.354,
        "volume": 2,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.559,
        "volume": 984,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 30.452,
        "volume": 1039,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 31.487,
        "volume": 172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 31.910999,
        "volume": 41,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 30.527,
        "volume": 342,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 30.833,
        "volume": 8,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 29.082001,
        "volume": 277,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 30.209,
        "volume": 16,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 29.384001,
        "volume": 179,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 29.190001,
        "volume": 3,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 30.035999,
        "volume": 216,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 29.242001,
        "volume": 80,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 27.327,
        "volume": 42,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 27.783001,
        "volume": 454,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 27.716999,
        "volume": 806,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 27.537001,
        "volume": 149,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 28.868,
        "volume": 98,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 28.975,
        "volume": 282,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 28.427999,
        "volume": 26,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 28.937,
        "volume": 10,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 28.726999,
        "volume": 306,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 28.273001,
        "volume": 200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 26.618999,
        "volume": 1292,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 27.851999,
        "volume": 194,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 27.851999,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 28.014,
        "volume": 192,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 26.739,
        "volume": 72,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 26.739,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 26.739,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 27.784,
        "volume": 65,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 28.496,
        "volume": 321,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 29.834,
        "volume": 219,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 29.937,
        "volume": 723,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 30.059999,
        "volume": 18,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 30.662001,
        "volume": 4657,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 33.400002,
        "volume": 115,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 34.939999,
        "volume": 1129,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 37.111,
        "volume": 101,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 37.422001,
        "volume": 815,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.493,
        "volume": 620,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 37.456001,
        "volume": 275,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 36.868,
        "volume": 32,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 35.866001,
        "volume": 258,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 36.141998,
        "volume": 22,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 35.863998,
        "volume": 194,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 36.574001,
        "volume": 549,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 37.247002,
        "volume": 688,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 39.070999,
        "volume": 600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 38.537998,
        "volume": 1062,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 38.139999,
        "volume": 1822,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 36.325001,
        "volume": 378,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 34.199001,
        "volume": 44,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 30.372,
        "volume": 64,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 29.384001,
        "volume": 210,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 30.080999,
        "volume": 189,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 31.200001,
        "volume": 773,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 29.857,
        "volume": 100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 26.348,
        "volume": 74,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 26.545,
        "volume": 1134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 28.112,
        "volume": 85,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 28.968,
        "volume": 3,
        "typical_volume": 414.05,
        "trend": 33.500533,
        "fair_value": 30.849363,
        "relative_strength": -8.963489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.08597,
        "energy": 68.568129,
        "activity_lines": [
          27.965067,
          28.691727,
          31.351667,
          32.688572
        ]
      },
      {
        "date": "2025-05-09",
        "close": 30.218,
        "volume": 202,
        "typical_volume": 422.55,
        "trend": 33.513333,
        "fair_value": 30.841568,
        "relative_strength": -4.864084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.287454,
        "energy": 58.305578,
        "activity_lines": [
          28.715733,
          28.821073,
          31.059567,
          32.476796
        ]
      },
      {
        "date": "2025-05-16",
        "close": 32.249001,
        "volume": 72,
        "typical_volume": 413.25,
        "trend": 33.5904,
        "fair_value": 30.858732,
        "relative_strength": -0.501975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.354406,
        "energy": 29.877401,
        "activity_lines": [
          30.119334,
          29.392073,
          30.992562,
          32.395226
        ]
      },
      {
        "date": "2025-05-23",
        "close": 30.580999,
        "volume": 345,
        "typical_volume": 429.4,
        "trend": 33.607767,
        "fair_value": 30.855386,
        "relative_strength": -3.944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.449179,
        "energy": 30.636006,
        "activity_lines": [
          30.573533,
          29.625673,
          30.783924,
          32.201071
        ]
      },
      {
        "date": "2025-05-30",
        "close": 30.580999,
        "volume": 0,
        "typical_volume": 419.7,
        "trend": 33.605067,
        "fair_value": 30.852119,
        "relative_strength": -4.395691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.888466,
        "energy": 31.538833,
        "activity_lines": [
          30.758666,
          29.837509,
          30.601767,
          32.005796
        ]
      },
      {
        "date": "2025-06-06",
        "close": 31.695999,
        "volume": 7,
        "typical_volume": 392.6,
        "trend": 33.548267,
        "fair_value": 30.862047,
        "relative_strength": -1.851936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.812857,
        "energy": 30.709288,
        "activity_lines": [
          31.150866,
          30.242981,
          30.550957,
          31.88263
        ]
      },
      {
        "date": "2025-06-13",
        "close": 31.073,
        "volume": 460,
        "typical_volume": 381.2,
        "trend": 33.419367,
        "fair_value": 30.8645,
        "relative_strength": -2.434684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.6834,
        "energy": 18.515158,
        "activity_lines": [
          31.153533,
          30.526163,
          30.464043,
          31.722935
        ]
      },
      {
        "date": "2025-06-20",
        "close": 29.815001,
        "volume": 111,
        "typical_volume": 356.75,
        "trend": 33.176167,
        "fair_value": 30.852437,
        "relative_strength": -5.352555,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.847847,
        "energy": 17.962964,
        "activity_lines": [
          30.679867,
          30.558509,
          30.286719,
          31.490396
        ]
      },
      {
        "date": "2025-06-27",
        "close": 30.004,
        "volume": 610,
        "typical_volume": 334.15,
        "trend": 32.9289,
        "fair_value": 30.842796,
        "relative_strength": -6.032272,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.186785,
        "energy": 23.694932,
        "activity_lines": [
          30.431467,
          30.562182,
          30.171471,
          31.28574
        ]
      },
      {
        "date": "2025-07-04",
        "close": 30.357,
        "volume": 391,
        "typical_volume": 262.6,
        "trend": 32.6577,
        "fair_value": 30.837337,
        "relative_strength": -5.059562,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.226248,
        "energy": 28.036774,
        "activity_lines": [
          30.3392,
          30.567145,
          30.130481,
          31.119811
        ]
      },
      {
        "date": "2025-07-11",
        "close": 29.608,
        "volume": 19,
        "typical_volume": 244.65,
        "trend": 32.3961,
        "fair_value": 30.823678,
        "relative_strength": -9.017969,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.457922,
        "energy": 40.864415,
        "activity_lines": [
          30.0122,
          30.395109,
          30.055219,
          30.923056
        ]
      },
      {
        "date": "2025-07-18",
        "close": 30.297001,
        "volume": 463,
        "typical_volume": 265.6,
        "trend": 32.177067,
        "fair_value": 30.81789,
        "relative_strength": -6.835918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.888577,
        "energy": 30.493902,
        "activity_lines": [
          30.054067,
          30.336709,
          30.077562,
          30.78763
        ]
      },
      {
        "date": "2025-07-25",
        "close": 30.297001,
        "volume": 0,
        "typical_volume": 262.4,
        "trend": 31.991433,
        "fair_value": 30.812228,
        "relative_strength": -6.997263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.993498,
        "energy": 28.348937,
        "activity_lines": [
          30.147667,
          30.276873,
          30.118486,
          30.666336
        ]
      },
      {
        "date": "2025-08-01",
        "close": 29.146,
        "volume": 549,
        "typical_volume": 279.35,
        "trend": 31.758233,
        "fair_value": 30.794312,
        "relative_strength": -7.095262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.813679,
        "energy": 41.571209,
        "activity_lines": [
          29.825467,
          30.043255,
          30.050148,
          30.482759
        ]
      },
      {
        "date": "2025-08-08",
        "close": 28.299999,
        "volume": 582,
        "typical_volume": 299.0,
        "trend": 31.5061,
        "fair_value": 30.767777,
        "relative_strength": -12.08245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.352658,
        "energy": 59.791703,
        "activity_lines": [
          29.278467,
          29.681909,
          29.902371,
          30.259647
        ]
      },
      {
        "date": "2025-08-15",
        "close": 28.24,
        "volume": 2115,
        "typical_volume": 366.1,
        "trend": 31.2283,
        "fair_value": 30.741169,
        "relative_strength": -14.197562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.536556,
        "energy": 78.982142,
        "activity_lines": [
          28.8486,
          29.351127,
          29.757362,
          30.048931
        ]
      },
      {
        "date": "2025-08-22",
        "close": 28.24,
        "volume": 0,
        "typical_volume": 361.1,
        "trend": 30.928067,
        "fair_value": 30.715115,
        "relative_strength": -14.643057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.20477,
        "energy": 87.287535,
        "activity_lines": [
          28.509933,
          29.083182,
          29.626448,
          29.856138
        ]
      },
      {
        "date": "2025-08-29",
        "close": 30.091999,
        "volume": 901,
        "typical_volume": 402.45,
        "trend": 30.628767,
        "fair_value": 30.708691,
        "relative_strength": -6.009594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.884034,
        "energy": 59.434998,
        "activity_lines": [
          28.925733,
          29.203473,
          29.679614,
          29.802198
        ]
      },
      {
        "date": "2025-09-05",
        "close": 29.809999,
        "volume": 35,
        "typical_volume": 347.5,
        "trend": 30.337833,
        "fair_value": 30.69952,
        "relative_strength": -6.643967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.547436,
        "energy": 33.389108,
        "activity_lines": [
          29.261199,
          29.267454,
          29.688095,
          29.749374
        ]
      },
      {
        "date": "2025-09-12",
        "close": 30.076,
        "volume": 245,
        "typical_volume": 355.5,
        "trend": 30.069033,
        "fair_value": 30.693222,
        "relative_strength": -7.733551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.313336,
        "energy": 15.052401,
        "activity_lines": [
          29.641066,
          29.383327,
          29.706362,
          29.732482
        ]
      },
      {
        "date": "2025-09-19",
        "close": 29.659,
        "volume": 175,
        "typical_volume": 364.1,
        "trend": 29.846833,
        "fair_value": 30.68288,
        "relative_strength": -9.429652,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.299366,
        "energy": 25.656854,
        "activity_lines": [
          29.763533,
          29.428491,
          29.675562,
          29.706028
        ]
      },
      {
        "date": "2025-09-26",
        "close": 30.74,
        "volume": 250,
        "typical_volume": 366.5,
        "trend": 29.731533,
        "fair_value": 30.683446,
        "relative_strength": -6.478987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 30.85093,
        "energy": 30.823678,
        "activity_lines": [
          30.151733,
          29.669272,
          29.744424,
          29.763652
        ]
      },
      {
        "date": "2025-10-03",
        "close": 29.610001,
        "volume": 21,
        "typical_volume": 363.95,
        "trend": 29.706133,
        "fair_value": 30.672922,
        "relative_strength": -12.220847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 8.934899,
        "energy": 16.616304,
        "activity_lines": [
          29.9966,
          29.696545,
          29.703181,
          29.755811
        ]
      },
      {
        "date": "2025-10-10",
        "close": 29.374001,
        "volume": 824,
        "typical_volume": 387.9,
        "trend": 29.7058,
        "fair_value": 30.660311,
        "relative_strength": -11.028778,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.316069,
        "energy": 7.093023,
        "activity_lines": [
          29.794934,
          29.6934,
          29.652029,
          29.734383
        ]
      },
      {
        "date": "2025-10-17",
        "close": 29.121,
        "volume": 660,
        "typical_volume": 420.9,
        "trend": 29.6738,
        "fair_value": 30.64551,
        "relative_strength": -14.413698,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.17424,
        "energy": 8.214155,
        "activity_lines": [
          29.538,
          29.640109,
          29.582529,
          29.696654
        ]
      },
      {
        "date": "2025-10-24",
        "close": 29.922001,
        "volume": 434,
        "typical_volume": 442.25,
        "trend": 29.6312,
        "fair_value": 30.638619,
        "relative_strength": -12.459088,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.67688,
        "energy": 7.722584,
        "activity_lines": [
          29.611734,
          29.717528,
          29.596267,
          29.712667
        ]
      },
      {
        "date": "2025-10-31",
        "close": 30.054001,
        "volume": 21,
        "typical_volume": 420.3,
        "trend": 29.637767,
        "fair_value": 30.633104,
        "relative_strength": -10.760071,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.083732,
        "energy": 7.233291,
        "activity_lines": [
          29.711934,
          29.788364,
          29.631024,
          29.739944
        ]
      },
      {
        "date": "2025-11-07",
        "close": 29.292,
        "volume": 2437,
        "typical_volume": 536.6,
        "trend": 29.7359,
        "fair_value": 30.62057,
        "relative_strength": -10.794544,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.516864,
        "energy": 18.168169,
        "activity_lines": [
          29.603867,
          29.687673,
          29.598062,
          29.717637
        ]
      },
      {
        "date": "2025-11-14",
        "close": 30.216,
        "volume": 25,
        "typical_volume": 507.35,
        "trend": 29.858267,
        "fair_value": 30.616824,
        "relative_strength": -9.993136,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.961987,
        "energy": 8.251051,
        "activity_lines": [
          29.825,
          29.769528,
          29.655591,
          29.748611
        ]
      },
      {
        "date": "2025-11-21",
        "close": 28.834,
        "volume": 5688,
        "typical_volume": 772.2,
        "trend": 29.882333,
        "fair_value": 30.600468,
        "relative_strength": -11.470228,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.070262,
        "energy": 21.083442,
        "activity_lines": [
          29.529334,
          29.592728,
          29.580491,
          29.682529
        ]
      },
      {
        "date": "2025-11-28",
        "close": 28.868999,
        "volume": 194,
        "typical_volume": 780.95,
        "trend": 29.879033,
        "fair_value": 30.584727,
        "relative_strength": -12.221661,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.231387,
        "energy": 43.933493,
        "activity_lines": [
          29.264466,
          29.444873,
          29.515976,
          29.617153
        ]
      },
      {
        "date": "2025-12-05",
        "close": 28.608,
        "volume": 5,
        "typical_volume": 758.05,
        "trend": 29.825367,
        "fair_value": 30.566919,
        "relative_strength": -12.23893,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.348892,
        "energy": 57.618608,
        "activity_lines": [
          28.9828,
          29.263927,
          29.430124,
          29.535151
        ]
      },
      {
        "date": "2025-12-12",
        "close": 30.495001,
        "volume": 50,
        "typical_volume": 760.55,
        "trend": 29.7669,
        "fair_value": 30.566277,
        "relative_strength": -5.337347,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.267391,
        "energy": 18.270171,
        "activity_lines": [
          29.426533,
          29.464837,
          29.532029,
          29.578353
        ]
      },
      {
        "date": "2025-12-19",
        "close": 29.697001,
        "volume": 122,
        "typical_volume": 739.2,
        "trend": 29.737433,
        "fair_value": 30.558584,
        "relative_strength": -8.119831,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.687221,
        "energy": 11.459231,
        "activity_lines": [
          29.524067,
          29.504564,
          29.556991,
          29.573843
        ]
      },
      {
        "date": "2025-12-26",
        "close": 29.518999,
        "volume": 11,
        "typical_volume": 710.65,
        "trend": 29.702033,
        "fair_value": 30.549465,
        "relative_strength": -7.578958,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.975433,
        "energy": 10.425569,
        "activity_lines": [
          29.596867,
          29.506055,
          29.562376,
          29.559751
        ]
      },
      {
        "date": "2026-01-02",
        "close": 28.478001,
        "volume": 28,
        "typical_volume": 606.3,
        "trend": 29.594767,
        "fair_value": 30.531452,
        "relative_strength": -11.190318,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.406753,
        "energy": 25.906758,
        "activity_lines": [
          29.277,
          29.311037,
          29.462815,
          29.480781
        ]
      },
      {
        "date": "2026-01-09",
        "close": 29.389999,
        "volume": 1459,
        "typical_volume": 679.25,
        "trend": 29.538667,
        "fair_value": 30.521612,
        "relative_strength": -9.59255,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.633421,
        "energy": 23.06568,
        "activity_lines": [
          29.2872,
          29.308091,
          29.448976,
          29.46757
        ]
      },
      {
        "date": "2026-01-16",
        "close": 27.549,
        "volume": 205,
        "typical_volume": 644.45,
        "trend": 29.463133,
        "fair_value": 30.496205,
        "relative_strength": -13.595401,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -73.418807,
        "energy": 64.798875,
        "activity_lines": [
          28.6316,
          28.982491,
          29.254329,
          29.339204
        ]
      },
      {
        "date": "2026-01-23",
        "close": 27.155001,
        "volume": 22,
        "typical_volume": 643.8,
        "trend": 29.368167,
        "fair_value": 30.46789,
        "relative_strength": -13.028244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.637199,
        "energy": 79.189724,
        "activity_lines": [
          28.041067,
          28.616946,
          29.034267,
          29.190293
        ]
      },
      {
        "date": "2026-01-30",
        "close": 24.952999,
        "volume": 7447,
        "typical_volume": 1003.9,
        "trend": 29.188033,
        "fair_value": 30.421546,
        "relative_strength": -19.170807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.642169,
        "energy": 92.485795,
        "activity_lines": [
          26.886,
          27.906691,
          28.617133,
          28.905443
        ]
      },
      {
        "date": "2026-02-06",
        "close": 22.857,
        "volume": 20942,
        "typical_volume": 2042.25,
        "trend": 28.963,
        "fair_value": 30.358508,
        "relative_strength": -26.508031,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -96.548174,
        "energy": 98.33663,
        "activity_lines": [
          25.336667,
          26.885909,
          28.024776,
          28.496989
        ]
      },
      {
        "date": "2026-02-13",
        "close": 23.385,
        "volume": 32424,
        "typical_volume": 3650.95,
        "trend": 28.7326,
        "fair_value": 30.300876,
        "relative_strength": -24.438082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.146202,
        "energy": 94.924633,
        "activity_lines": [
          24.338067,
          26.070436,
          27.515095,
          28.137118
        ]
      },
      {
        "date": "2026-02-20",
        "close": 23.313999,
        "volume": 18749,
        "typical_volume": 4587.35,
        "trend": 28.499833,
        "fair_value": 30.243607,
        "relative_strength": -25.812179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.497084,
        "energy": 92.354529,
        "activity_lines": [
          23.716133,
          25.337018,
          27.033676,
          27.787531
        ]
      },
      {
        "date": "2026-02-27",
        "close": 23.082001,
        "volume": 12305,
        "typical_volume": 5161.4,
        "trend": 28.2977,
        "fair_value": 30.185382,
        "relative_strength": -26.524731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.062427,
        "energy": 90.5251,
        "activity_lines": [
          23.2992,
          24.691982,
          26.560143,
          27.437994
        ]
      },
      {
        "date": "2026-03-06",
        "close": 24.957001,
        "volume": 262,
        "typical_volume": 5141.5,
        "trend": 28.186267,
        "fair_value": 30.143218,
        "relative_strength": -14.441982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.555113,
        "energy": 66.670813,
        "activity_lines": [
          23.7788,
          24.508127,
          26.295143,
          27.222465
        ]
      },
      {
        "date": "2026-03-13",
        "close": 24.365,
        "volume": 18303,
        "typical_volume": 6034.95,
        "trend": 28.0571,
        "fair_value": 30.096992,
        "relative_strength": -15.347253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.978108,
        "energy": 63.29517,
        "activity_lines": [
          24.0608,
          24.299582,
          25.993591,
          26.975931
        ]
      },
      {
        "date": "2026-03-20",
        "close": 24.066,
        "volume": 1625,
        "typical_volume": 6115.15,
        "trend": 27.917967,
        "fair_value": 30.049127,
        "relative_strength": -13.428955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.043252,
        "energy": 55.428176,
        "activity_lines": [
          24.1426,
          24.111455,
          25.690024,
          26.718441
        ]
      },
      {
        "date": "2026-03-27",
        "close": 22.487,
        "volume": 33621,
        "typical_volume": 7674.35,
        "trend": 27.664467,
        "fair_value": 29.989583,
        "relative_strength": -19.05198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.305528,
        "energy": 62.722696,
        "activity_lines": [
          23.652667,
          23.733036,
          25.264591,
          26.368056
        ]
      },
      {
        "date": "2026-04-03",
        "close": 23.650999,
        "volume": 17619,
        "typical_volume": 8554.05,
        "trend": 27.459167,
        "fair_value": 29.940063,
        "relative_strength": -17.145772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.394326,
        "energy": 55.149389,
        "activity_lines": [
          23.605866,
          23.658291,
          24.982419,
          26.109123
        ]
      },
      {
        "date": "2026-04-10",
        "close": 20.322001,
        "volume": 2083,
        "typical_volume": 8373.8,
        "trend": 27.134033,
        "fair_value": 29.865504,
        "relative_strength": -30.907097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.076384,
        "energy": 71.128617,
        "activity_lines": [
          22.411467,
          23.041982,
          24.414462,
          25.64866
        ]
      },
      {
        "date": "2026-04-17",
        "close": 22.756001,
        "volume": 22823,
        "typical_volume": 9505.25,
        "trend": 26.903934,
        "fair_value": 29.810815,
        "relative_strength": -23.76381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.945598,
        "energy": 59.52717,
        "activity_lines": [
          22.3374,
          22.952418,
          24.118848,
          25.366207
        ]
      },
      {
        "date": "2026-04-24",
        "close": 22.289,
        "volume": 5517,
        "typical_volume": 9780.85,
        "trend": 26.622234,
        "fair_value": 29.753397,
        "relative_strength": -22.461506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.647206,
        "energy": 55.474495,
        "activity_lines": [
          22.214934,
          22.779782,
          23.807867,
          25.068469
        ]
      },
      {
        "date": "2026-05-01",
        "close": 22.761999,
        "volume": 10272,
        "typical_volume": 10291.95,
        "trend": 26.393967,
        "fair_value": 29.700432,
        "relative_strength": -19.993647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.167625,
        "energy": 54.243944,
        "activity_lines": [
          22.3686,
          22.713073,
          23.572024,
          24.819422
        ]
      },
      {
        "date": "2026-05-08",
        "close": 24.358999,
        "volume": 31836,
        "typical_volume": 11877.65,
        "trend": 26.2268,
        "fair_value": 29.660271,
        "relative_strength": -13.93167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.772728,
        "energy": 31.159922,
        "activity_lines": [
          23.036266,
          22.946763,
          23.5251,
          24.688133
        ]
      },
      {
        "date": "2026-05-15",
        "close": 24.08,
        "volume": 265,
        "typical_volume": 11890.35,
        "trend": 26.058767,
        "fair_value": 29.618627,
        "relative_strength": -12.694791,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.52926,
        "energy": 20.800353,
        "activity_lines": [
          23.563733,
          23.106509,
          23.477024,
          24.54963
        ]
      },
      {
        "date": "2026-05-22",
        "close": 25.475,
        "volume": 6620,
        "typical_volume": 12219.95,
        "trend": 25.910533,
        "fair_value": 29.587933,
        "relative_strength": -9.083547,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.385278,
        "energy": 17.718939,
        "activity_lines": [
          24.305666,
          23.535836,
          23.587705,
          24.511968
        ]
      },
      {
        "date": "2026-05-29",
        "close": 25.67,
        "volume": 797,
        "typical_volume": 12186.85,
        "trend": 25.7644,
        "fair_value": 29.559125,
        "relative_strength": -8.733483,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.125586,
        "energy": 24.858965,
        "activity_lines": [
          24.931333,
          23.980436,
          23.731257,
          24.496449
        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.549,
        "volume": 35262,
        "typical_volume": 13939.7,
        "trend": 25.7063,
        "fair_value": 29.544453,
        "relative_strength": -2.080506,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.434882,
        "energy": 45.535945,
        "activity_lines": [
          25.957933,
          24.737509,
          24.071476,
          24.611585
        ]
      },
      {
        "date": "2026-06-12",
        "close": 26.136999,
        "volume": 23,
        "typical_volume": 13939.75,
        "trend": 25.570333,
        "fair_value": 29.519761,
        "relative_strength": -8.103105,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.46937,
        "energy": 47.043088,
        "activity_lines": [
          26.194733,
          25.145818,
          24.277219,
          24.639372
        ]
      },
      {
        "date": "2026-06-19",
        "close": 25.353001,
        "volume": 5,
        "typical_volume": 13567.65,
        "trend": 25.4543,
        "fair_value": 29.489784,
        "relative_strength": -11.142993,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.144613,
        "energy": 46.372796,
        "activity_lines": [
          26.051667,
          25.366382,
          24.413143,
          24.625351
        ]
      },
      {
        "date": "2026-06-26",
        "close": 25.913,
        "volume": 15,
        "typical_volume": 12521.3,
        "trend": 25.355767,
        "fair_value": 29.464236,
        "relative_strength": -8.365946,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.48282,
        "energy": 33.8952,
        "activity_lines": [
          26.0104,
          25.597291,
          24.600495,
          24.654944
        ]
      },
      {
        "date": "2026-07-03",
        "close": 28.604,
        "volume": 2610,
        "typical_volume": 11030.6,
        "trend": 25.355633,
        "fair_value": 29.458135,
        "relative_strength": 0.017472,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.961417,
        "energy": 41.229252,
        "activity_lines": [
          26.836933,
          26.260073,
          25.029581,
          24.864508
        ]
      },
      {
        "date": "2026-07-10",
        "close": 29.191999,
        "volume": 21063,
        "typical_volume": 11146.3,
        "trend": 25.3122,
        "fair_value": 29.456261,
        "relative_strength": 4.311073,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 53.173911,
        "energy": 63.343449,
        "activity_lines": [
          27.663866,
          26.914945,
          25.489814,
          25.112015
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.915001,
        "volume": 30214,
        "typical_volume": 12041.75,
        "trend": 25.319467,
        "fair_value": 29.459469,
        "relative_strength": 7.0718,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.503686,
        "energy": 88.20728,
        "activity_lines": [
          28.622267,
          27.584364,
          25.990914,
          25.40897
        ]
      },
      {
        "date": "2026-07-24",
        "close": 28.048,
        "volume": 29641,
        "typical_volume": 13510.7,
        "trend": 25.270433,
        "fair_value": 29.449667,
        "relative_strength": 0.285671,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.878129,
        "energy": 80.652177,
        "activity_lines": [
          28.706467,
          27.813309,
          26.281667,
          25.585004
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.846001,
        "volume": 3580,
        "typical_volume": 12774.55,
        "trend": 25.316033,
        "fair_value": 29.4524,
        "relative_strength": 5.206916,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.027126,
        "energy": 81.55755,
        "activity_lines": [
          29.210334,
          28.297018,
          26.728938,
          25.880202
        ]
      },
      {
        "date": "2026-08-07",
        "close": 33.047001,
        "volume": 14973,
        "typical_volume": 13441.95,
        "trend": 25.437933,
        "fair_value": 29.477021,
        "relative_strength": 13.656475,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.883941,
        "energy": 91.797394,
        "activity_lines": [
          30.519001,
          29.283255,
          27.454967,
          26.378974
        ]
      }
    ],
    "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."
    }
  }
}