{
  "ticker": {
    "uuid": "bf849537-5d9b-488b-904e-67ba28e3e421",
    "symbol": "XWD1",
    "name": "Xtrackers MSCI World Swap UCITS ETF 1D USD",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.953,
    "architecture_energy": 67.366,
    "architecture_maturity": 59.071,
    "architecture_confidence": 76.661,
    "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": 14.5,
        "rotation_up": 57.23,
        "upward_expansion": 81.89,
        "deceleration": 67.98,
        "rotation_down": 26.63,
        "downward_expansion": 10.89
      },
      "activity_lines": [
        29.815833,
        29.637273,
        29.336953,
        28.813578
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 30.6075,
    "trend_reference": 28.222164,
    "distance_from_trend": 0.08452,
    "trend_direction": "Improving",
    "fair_value": 22.886555,
    "distance_from_fair_value": 0.337357,
    "fair_value_direction": "Improving",
    "relative_strength": 3.434347,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.120048,
    "excess_performance": 0.068812,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.08452,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.036717,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.337357,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.011618,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.034343,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.018069,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.120048,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.730451,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 69905,
      "relative_activity": 0.992144,
      "balance": 4.730451,
      "dry_up": 0.761952,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.016406,
      "annualized_volatility": 0.128581,
      "from_high_reference": 0.0,
      "from_low_reference": 0.237242
    },
    "levels": {
      "trend_reference": 28.222164,
      "fair_value_reference": 22.886555,
      "structural_low": 25.370001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 27,
        "median_return": 0.01351,
        "positive_rate": 0.740741,
        "directional_follow_through": 0.740741,
        "median_excess_return": -0.008301,
        "regime_survival": 0.814815,
        "best_return": 0.048546,
        "worst_return": -0.081473,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.035304,
        "positive_rate": 0.777778,
        "directional_follow_through": 0.777778,
        "median_excess_return": 0.012033,
        "regime_survival": 0.777778,
        "best_return": 0.092723,
        "worst_return": -0.08637,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.103409,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.030261,
        "regime_survival": 1.0,
        "best_return": 0.155028,
        "worst_return": 0.050818,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.212372,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.07262,
        "regime_survival": 1.0,
        "best_return": 0.213725,
        "worst_return": 0.211019,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-26",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.043129,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.005452,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.01907,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.064259,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.056388,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.050849,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.013123,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.1083,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": 0.025735,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.091956,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.01595,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.040443,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-04-24",
        "tenure": "New",
        "return": -0.00733,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.0731,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.770697,
        "volume": 93,
        "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": "2023-08-25",
        "close": 16.865469,
        "volume": 490,
        "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": "2023-09-01",
        "close": 17.370043,
        "volume": 2178,
        "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": "2023-09-08",
        "close": 17.184298,
        "volume": 8973,
        "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": "2023-09-15",
        "close": 17.256107,
        "volume": 37990,
        "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": "2023-09-22",
        "close": 16.838659,
        "volume": 16000,
        "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": "2023-09-29",
        "close": 16.690254,
        "volume": 42536,
        "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": "2023-10-06",
        "close": 16.475784,
        "volume": 162225,
        "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": "2023-10-13",
        "close": 16.677809,
        "volume": 37608,
        "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": "2023-10-20",
        "close": 16.273766,
        "volume": 4080,
        "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": "2023-10-27",
        "close": 15.998018,
        "volume": 11900,
        "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": 16.853022,
        "volume": 38934,
        "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": 16.797489,
        "volume": 143742,
        "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": 17.376745,
        "volume": 120946,
        "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": 17.588341,
        "volume": 8098,
        "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": 17.702278,
        "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": "2023-12-08",
        "close": 17.73196,
        "volume": 17030,
        "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": 18.255682,
        "volume": 130000,
        "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": 18.392599,
        "volume": 471395,
        "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": 18.567812,
        "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": 18.250898,
        "volume": 1500,
        "typical_volume": 62781.25,
        "trend": 17.157584,
        "fair_value": 15.729837,
        "relative_strength": 8.947759,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.189171,
        "energy": 87.801217,
        "activity_lines": [
          18.329791,
          18.043356,
          17.520322,
          17.364925
        ]
      },
      {
        "date": "2024-01-12",
        "close": 18.515152,
        "volume": 1126,
        "typical_volume": 62813.05,
        "trend": 17.23756,
        "fair_value": 15.764224,
        "relative_strength": 10.820045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.685439,
        "energy": 89.186065,
        "activity_lines": [
          18.421578,
          18.182169,
          17.640112,
          17.45251
        ]
      },
      {
        "date": "2024-01-19",
        "close": 18.443344,
        "volume": 26405,
        "typical_volume": 64024.4,
        "trend": 17.315143,
        "fair_value": 15.796896,
        "relative_strength": 12.128549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.207781,
        "energy": 80.132341,
        "activity_lines": [
          18.437216,
          18.277705,
          17.745208,
          17.530303
        ]
      },
      {
        "date": "2024-01-26",
        "close": 18.8426,
        "volume": 23777,
        "typical_volume": 64764.6,
        "trend": 17.406034,
        "fair_value": 15.833591,
        "relative_strength": 11.297955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.754318,
        "energy": 72.140107,
        "activity_lines": [
          18.573429,
          18.415909,
          17.883218,
          17.628848
        ]
      },
      {
        "date": "2024-02-02",
        "close": 18.94792,
        "volume": 57894,
        "typical_volume": 65759.8,
        "trend": 17.471848,
        "fair_value": 15.870666,
        "relative_strength": 11.744313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.251284,
        "energy": 91.460782,
        "activity_lines": [
          18.714749,
          18.546609,
          18.023361,
          17.728325
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.141325,
        "volume": 32083,
        "typical_volume": 66563.95,
        "trend": 17.526356,
        "fair_value": 15.909145,
        "relative_strength": 13.052612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.170914,
        "energy": 90.584056,
        "activity_lines": [
          18.895196,
          18.687755,
          18.173868,
          17.836033
        ]
      },
      {
        "date": "2024-02-16",
        "close": 19.275846,
        "volume": 27898,
        "typical_volume": 65832.05,
        "trend": 17.582316,
        "fair_value": 15.948292,
        "relative_strength": 11.328061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.133394,
        "energy": 94.334956,
        "activity_lines": [
          19.061122,
          18.827194,
          18.326221,
          17.948903
        ]
      },
      {
        "date": "2024-02-23",
        "close": 19.51495,
        "volume": 63100,
        "typical_volume": 60875.8,
        "trend": 17.641444,
        "fair_value": 15.989288,
        "relative_strength": 12.319636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.856708,
        "energy": 94.892103,
        "activity_lines": [
          19.256037,
          18.982036,
          18.489033,
          18.073589
        ]
      },
      {
        "date": "2024-03-01",
        "close": 19.638338,
        "volume": 53099,
        "typical_volume": 61650.35,
        "trend": 17.714573,
        "fair_value": 16.030755,
        "relative_strength": 12.871291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.55302,
        "energy": 92.018878,
        "activity_lines": [
          19.42064,
          19.136417,
          18.649124,
          18.202421
        ]
      },
      {
        "date": "2024-03-08",
        "close": 19.865765,
        "volume": 14274,
        "typical_volume": 62160.05,
        "trend": 17.803432,
        "fair_value": 16.073845,
        "relative_strength": 14.020979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.313201,
        "energy": 92.565064,
        "activity_lines": [
          19.608003,
          19.309498,
          18.816778,
          18.341208
        ]
      },
      {
        "date": "2024-03-15",
        "close": 19.698824,
        "volume": 19938,
        "typical_volume": 62561.95,
        "trend": 17.901037,
        "fair_value": 16.114122,
        "relative_strength": 11.739525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.47082,
        "energy": 77.954564,
        "activity_lines": [
          19.678529,
          19.428627,
          18.951427,
          18.463491
        ]
      },
      {
        "date": "2024-03-22",
        "close": 20.08593,
        "volume": 11216,
        "typical_volume": 61176.05,
        "trend": 18.008385,
        "fair_value": 16.157769,
        "relative_strength": 10.67934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.398079,
        "energy": 74.688454,
        "activity_lines": [
          19.840924,
          19.591813,
          19.105321,
          18.604452
        ]
      },
      {
        "date": "2024-03-29",
        "close": 20.16577,
        "volume": 6994,
        "typical_volume": 54338.65,
        "trend": 18.101576,
        "fair_value": 16.201334,
        "relative_strength": 10.422555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.333865,
        "energy": 73.595626,
        "activity_lines": [
          19.975927,
          19.740956,
          19.251424,
          18.743638
        ]
      },
      {
        "date": "2024-04-05",
        "close": 19.943184,
        "volume": 2022,
        "typical_volume": 48392.45,
        "trend": 18.193539,
        "fair_value": 16.241569,
        "relative_strength": 9.372968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.20332,
        "energy": 67.964196,
        "activity_lines": [
          19.993347,
          19.818312,
          19.360289,
          18.862452
        ]
      },
      {
        "date": "2024-04-12",
        "close": 19.739954,
        "volume": 17929,
        "typical_volume": 48884.0,
        "trend": 18.276334,
        "fair_value": 16.278786,
        "relative_strength": 6.74019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.374505,
        "energy": 66.408964,
        "activity_lines": [
          19.9227,
          19.838706,
          19.437577,
          18.96222
        ]
      },
      {
        "date": "2024-04-19",
        "close": 19.19849,
        "volume": 10360,
        "typical_volume": 49402.0,
        "trend": 18.354995,
        "fair_value": 16.309519,
        "relative_strength": 4.778941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.63207,
        "energy": 52.733521,
        "activity_lines": [
          19.679953,
          19.746252,
          19.453052,
          19.021714
        ]
      },
      {
        "date": "2024-04-26",
        "close": 19.577852,
        "volume": 122793,
        "typical_volume": 54690.15,
        "trend": 18.451248,
        "fair_value": 16.343565,
        "relative_strength": 3.341503,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.322356,
        "energy": 36.734741,
        "activity_lines": [
          19.597015,
          19.721733,
          19.497531,
          19.100608
        ]
      },
      {
        "date": "2024-05-03",
        "close": 19.706083,
        "volume": 248811,
        "typical_volume": 60630.7,
        "trend": 18.558925,
        "fair_value": 16.37823,
        "relative_strength": 2.80693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.475386,
        "energy": 27.563036,
        "activity_lines": [
          19.590692,
          19.715038,
          19.545433,
          19.181565
        ]
      },
      {
        "date": "2024-05-10",
        "close": 20.114962,
        "volume": 42496,
        "typical_volume": 39185.75,
        "trend": 18.673497,
        "fair_value": 16.41636,
        "relative_strength": 1.941182,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.861227,
        "energy": 39.846305,
        "activity_lines": [
          19.751309,
          19.77921,
          19.62537,
          19.281955
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.422228,
        "volume": 88008,
        "typical_volume": 43586.15,
        "trend": 18.811779,
        "fair_value": 16.456823,
        "relative_strength": 3.368863,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 81.958456,
        "energy": 61.989988,
        "activity_lines": [
          20.002895,
          19.890582,
          19.726367,
          19.394776
        ]
      },
      {
        "date": "2024-05-24",
        "close": 20.414968,
        "volume": 90028,
        "typical_volume": 48012.55,
        "trend": 18.95901,
        "fair_value": 16.496404,
        "relative_strength": 4.316026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.442185,
        "energy": 75.722435,
        "activity_lines": [
          20.206577,
          19.990517,
          19.817843,
          19.498208
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.098028,
        "volume": 41079,
        "typical_volume": 50010.2,
        "trend": 19.067177,
        "fair_value": 16.532064,
        "relative_strength": 2.959202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.222172,
        "energy": 71.329968,
        "activity_lines": [
          20.223514,
          20.019805,
          19.868829,
          19.571693
        ]
      },
      {
        "date": "2024-06-07",
        "close": 20.555294,
        "volume": 42038,
        "typical_volume": 50791.85,
        "trend": 19.192437,
        "fair_value": 16.571507,
        "relative_strength": 5.373947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.759523,
        "energy": 80.47133,
        "activity_lines": [
          20.358194,
          20.132013,
          19.955827,
          19.6677
        ]
      },
      {
        "date": "2024-06-14",
        "close": 20.555294,
        "volume": 32639,
        "typical_volume": 51234.95,
        "trend": 19.298389,
        "fair_value": 16.610185,
        "relative_strength": 6.28992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.712137,
        "energy": 66.476066,
        "activity_lines": [
          20.43626,
          20.237138,
          20.032768,
          19.755626
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.690783,
        "volume": 309782,
        "typical_volume": 63829.35,
        "trend": 19.401804,
        "fair_value": 16.649421,
        "relative_strength": 5.510366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.455048,
        "energy": 62.906616,
        "activity_lines": [
          20.530133,
          20.355768,
          20.114457,
          19.845458
        ]
      },
      {
        "date": "2024-06-28",
        "close": 20.82869,
        "volume": 24230,
        "typical_volume": 63436.7,
        "trend": 19.506017,
        "fair_value": 16.689224,
        "relative_strength": 6.816087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.132341,
        "energy": 69.149599,
        "activity_lines": [
          20.652072,
          20.482185,
          20.20098,
          19.937516
        ]
      },
      {
        "date": "2024-07-05",
        "close": 21.080305,
        "volume": 26433,
        "typical_volume": 63363.45,
        "trend": 19.617629,
        "fair_value": 16.730649,
        "relative_strength": 7.382605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.087032,
        "energy": 77.11207,
        "activity_lines": [
          20.830301,
          20.62471,
          20.303432,
          20.039082
        ]
      },
      {
        "date": "2024-07-12",
        "close": 21.486767,
        "volume": 3607,
        "typical_volume": 60388.8,
        "trend": 19.725332,
        "fair_value": 16.775099,
        "relative_strength": 8.586081,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.811908,
        "energy": 91.989197,
        "activity_lines": [
          21.078532,
          20.81382,
          20.436002,
          20.159672
        ]
      },
      {
        "date": "2024-07-19",
        "close": 20.978691,
        "volume": 53524,
        "typical_volume": 60410.05,
        "trend": 19.811535,
        "fair_value": 16.814021,
        "relative_strength": 7.044926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.262871,
        "energy": 81.574948,
        "activity_lines": [
          21.095307,
          20.878176,
          20.510794,
          20.240534
        ]
      },
      {
        "date": "2024-07-26",
        "close": 20.787558,
        "volume": 18914,
        "typical_volume": 60642.05,
        "trend": 19.885526,
        "fair_value": 16.850476,
        "relative_strength": 4.236035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.605207,
        "energy": 60.223875,
        "activity_lines": [
          21.020144,
          20.892076,
          20.561,
          20.303503
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.211737,
        "volume": 4058,
        "typical_volume": 59848.05,
        "trend": 19.950888,
        "fair_value": 16.881033,
        "relative_strength": 2.588482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.148833,
        "energy": 34.352352,
        "activity_lines": [
          20.746589,
          20.79464,
          20.551977,
          20.324549
        ]
      },
      {
        "date": "2024-08-09",
        "close": 20.303675,
        "volume": 13927,
        "typical_volume": 59983.6,
        "trend": 20.010505,
        "fair_value": 16.911867,
        "relative_strength": 2.974257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.82423,
        "energy": 23.469678,
        "activity_lines": [
          20.54481,
          20.717615,
          20.549267,
          20.347309
        ]
      },
      {
        "date": "2024-08-16",
        "close": 21.131113,
        "volume": 39212,
        "typical_volume": 61594.5,
        "trend": 20.100097,
        "fair_value": 16.949539,
        "relative_strength": 5.127717,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.675748,
        "energy": 27.662497,
        "activity_lines": [
          20.670619,
          20.787293,
          20.624324,
          20.419607
        ]
      },
      {
        "date": "2024-08-23",
        "close": 21.592655,
        "volume": 59042,
        "typical_volume": 64445.5,
        "trend": 20.191766,
        "fair_value": 16.990629,
        "relative_strength": 6.96174,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.933204,
        "energy": 39.430769,
        "activity_lines": [
          20.973986,
          20.93042,
          20.73874,
          20.515901
        ]
      },
      {
        "date": "2024-08-30",
        "close": 21.534079,
        "volume": 141334,
        "typical_volume": 70615.75,
        "trend": 20.277971,
        "fair_value": 17.030483,
        "relative_strength": 5.845485,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 71.974998,
        "energy": 61.505432,
        "activity_lines": [
          21.216896,
          21.044034,
          20.839723,
          20.602502
        ]
      },
      {
        "date": "2024-09-06",
        "close": 20.814079,
        "volume": 51558,
        "typical_volume": 72675.65,
        "trend": 20.33373,
        "fair_value": 17.063384,
        "relative_strength": 4.542417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.255837,
        "energy": 56.896774,
        "activity_lines": [
          21.170038,
          21.011407,
          20.863591,
          20.637089
        ]
      },
      {
        "date": "2024-09-13",
        "close": 21.529196,
        "volume": 82269,
        "typical_volume": 70649.45,
        "trend": 20.408841,
        "fair_value": 17.101883,
        "relative_strength": 6.629754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.806378,
        "energy": 66.670387,
        "activity_lines": [
          21.321397,
          21.109067,
          20.947873,
          20.714216
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.731773,
        "volume": 9933,
        "typical_volume": 58705.55,
        "trend": 20.482736,
        "fair_value": 17.141454,
        "relative_strength": 7.815171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.742941,
        "energy": 65.715451,
        "activity_lines": [
          21.45858,
          21.235398,
          21.042155,
          20.799566
        ]
      },
      {
        "date": "2024-09-27",
        "close": 22.073465,
        "volume": 23076,
        "typical_volume": 57734.55,
        "trend": 20.563906,
        "fair_value": 17.183251,
        "relative_strength": 7.926323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.11681,
        "energy": 62.666076,
        "activity_lines": [
          21.669616,
          21.4194,
          21.159333,
          20.902194
        ]
      },
      {
        "date": "2024-10-04",
        "close": 21.824518,
        "volume": 50146,
        "typical_volume": 55841.45,
        "trend": 20.629198,
        "fair_value": 17.222253,
        "relative_strength": 6.86158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.05971,
        "energy": 70.445831,
        "activity_lines": [
          21.765616,
          21.538233,
          21.243476,
          20.983524
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.136923,
        "volume": 49933,
        "typical_volume": 53836.7,
        "trend": 20.710468,
        "fair_value": 17.263209,
        "relative_strength": 8.332714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.881501,
        "energy": 76.73596,
        "activity_lines": [
          21.946388,
          21.695014,
          21.350694,
          21.080797
        ]
      },
      {
        "date": "2024-10-18",
        "close": 22.261398,
        "volume": 28300,
        "typical_volume": 53197.75,
        "trend": 20.782984,
        "fair_value": 17.304516,
        "relative_strength": 7.191467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.869132,
        "energy": 80.465799,
        "activity_lines": [
          22.080463,
          21.839423,
          21.461567,
          21.180856
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22.102753,
        "volume": 136736,
        "typical_volume": 57932.65,
        "trend": 20.84755,
        "fair_value": 17.343846,
        "relative_strength": 7.436749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.29534,
        "energy": 71.585327,
        "activity_lines": [
          22.112842,
          21.919393,
          21.547029,
          21.266003
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.829397,
        "volume": 212495,
        "typical_volume": 66925.45,
        "trend": 20.910424,
        "fair_value": 17.380314,
        "relative_strength": 6.710005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.922543,
        "energy": 59.09587,
        "activity_lines": [
          22.02937,
          21.931995,
          21.599089,
          21.329348
        ]
      },
      {
        "date": "2024-11-08",
        "close": 22.459091,
        "volume": 57367,
        "typical_volume": 54304.7,
        "trend": 21.001061,
        "fair_value": 17.421272,
        "relative_strength": 10.78758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.901165,
        "energy": 59.098597,
        "activity_lines": [
          22.172068,
          22.054783,
          21.705052,
          21.429262
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.044178,
        "volume": 552811,
        "typical_volume": 80733.75,
        "trend": 21.095918,
        "fair_value": 17.458255,
        "relative_strength": 8.512022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.233825,
        "energy": 47.734608,
        "activity_lines": [
          22.134157,
          22.085314,
          21.763079,
          21.49656
        ]
      },
      {
        "date": "2024-11-22",
        "close": 22.327299,
        "volume": 4178855,
        "typical_volume": 288354.85,
        "trend": 21.187566,
        "fair_value": 17.496898,
        "relative_strength": 6.976446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.361263,
        "energy": 50.114941,
        "activity_lines": [
          22.196802,
          22.144956,
          21.842282,
          21.576004
        ]
      },
      {
        "date": "2024-11-29",
        "close": 22.634821,
        "volume": 62160,
        "typical_volume": 291282.5,
        "trend": 21.285191,
        "fair_value": 17.537354,
        "relative_strength": 7.808078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.389379,
        "energy": 58.350963,
        "activity_lines": [
          22.357561,
          22.245999,
          21.944835,
          21.669375
        ]
      },
      {
        "date": "2024-12-06",
        "close": 22.903294,
        "volume": 63640,
        "typical_volume": 291788.3,
        "trend": 21.378135,
        "fair_value": 17.579276,
        "relative_strength": 8.470079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.356406,
        "energy": 77.242521,
        "activity_lines": [
          22.57234,
          22.379438,
          22.067489,
          21.773769
        ]
      },
      {
        "date": "2024-12-13",
        "close": 22.651907,
        "volume": 118145,
        "typical_volume": 296749.85,
        "trend": 21.452458,
        "fair_value": 17.618598,
        "relative_strength": 7.127775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.89213,
        "energy": 82.325994,
        "activity_lines": [
          22.63173,
          22.452081,
          22.157038,
          21.855948
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.224787,
        "volume": 110725,
        "typical_volume": 302083.2,
        "trend": 21.512785,
        "fair_value": 17.654031,
        "relative_strength": 7.619956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.569857,
        "energy": 57.994982,
        "activity_lines": [
          22.535892,
          22.432023,
          22.19703,
          21.905775
        ]
      },
      {
        "date": "2024-12-27",
        "close": 22.34194,
        "volume": 158855,
        "typical_volume": 309329.6,
        "trend": 21.587582,
        "fair_value": 17.689816,
        "relative_strength": 7.047437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.499021,
        "energy": 46.183424,
        "activity_lines": [
          22.467065,
          22.431668,
          22.238594,
          21.959269
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.151569,
        "volume": 111912,
        "typical_volume": 312964.6,
        "trend": 21.640791,
        "fair_value": 17.723617,
        "relative_strength": 4.925521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.59176,
        "energy": 26.538081,
        "activity_lines": [
          22.333805,
          22.395236,
          22.252321,
          21.995655
        ]
      },
      {
        "date": "2025-01-10",
        "close": 21.814754,
        "volume": 174218,
        "typical_volume": 318723.4,
        "trend": 21.682773,
        "fair_value": 17.754378,
        "relative_strength": 2.856435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.309461,
        "energy": 19.54299,
        "activity_lines": [
          22.12049,
          22.296677,
          22.229111,
          22.006879
        ]
      },
      {
        "date": "2025-01-17",
        "close": 22.522551,
        "volume": 165769,
        "typical_volume": 319945.15,
        "trend": 21.743832,
        "fair_value": 17.789961,
        "relative_strength": 2.852888,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.894891,
        "energy": 21.656641,
        "activity_lines": [
          22.215676,
          22.327075,
          22.272253,
          22.061058
        ]
      },
      {
        "date": "2025-01-24",
        "close": 23.020449,
        "volume": 80483,
        "typical_volume": 321391.4,
        "trend": 21.816891,
        "fair_value": 17.828706,
        "relative_strength": 4.973348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.035172,
        "energy": 34.15219,
        "activity_lines": [
          22.485453,
          22.446845,
          22.358107,
          22.14342
        ]
      },
      {
        "date": "2025-01-31",
        "close": 23.044855,
        "volume": 159124,
        "typical_volume": 325234.15,
        "trend": 21.882376,
        "fair_value": 17.86706,
        "relative_strength": 2.876327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 67.336165,
        "energy": 43.897506,
        "activity_lines": [
          22.71032,
          22.553303,
          22.435779,
          22.222644
        ]
      },
      {
        "date": "2025-02-07",
        "close": 22.908178,
        "volume": 143153,
        "typical_volume": 331895.15,
        "trend": 21.929756,
        "fair_value": 17.903856,
        "relative_strength": 1.874839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.816856,
        "energy": 64.497148,
        "activity_lines": [
          22.842768,
          22.621864,
          22.493216,
          22.288825
        ]
      },
      {
        "date": "2025-02-14",
        "close": 23.176651,
        "volume": 651108,
        "typical_volume": 363296.75,
        "trend": 22.003021,
        "fair_value": 17.942065,
        "relative_strength": 2.573146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.662988,
        "energy": 74.437517,
        "activity_lines": [
          23.014265,
          22.734268,
          22.57062,
          22.36927
        ]
      },
      {
        "date": "2025-02-21",
        "close": 23.100735,
        "volume": 125230,
        "typical_volume": 367050.95,
        "trend": 22.080127,
        "fair_value": 17.979177,
        "relative_strength": 2.99659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.654158,
        "energy": 70.577193,
        "activity_lines": [
          23.069665,
          22.827899,
          22.635541,
          22.44009
        ]
      },
      {
        "date": "2025-02-28",
        "close": 22.505632,
        "volume": 49017,
        "typical_volume": 367005.15,
        "trend": 22.156591,
        "fair_value": 18.011509,
        "relative_strength": -1.367483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.911115,
        "energy": 38.605672,
        "activity_lines": [
          22.888151,
          22.805169,
          22.637708,
          22.467542
        ]
      },
      {
        "date": "2025-03-07",
        "close": 22.033487,
        "volume": 320549,
        "typical_volume": 381617.6,
        "trend": 22.214251,
        "fair_value": 18.040034,
        "relative_strength": -1.95257,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.692267,
        "energy": 11.249755,
        "activity_lines": [
          22.583577,
          22.691488,
          22.593153,
          22.4596
        ]
      },
      {
        "date": "2025-03-14",
        "close": 21.841677,
        "volume": 118181,
        "typical_volume": 380689.85,
        "trend": 22.237936,
        "fair_value": 18.066806,
        "relative_strength": -2.256373,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 5.263329,
        "energy": 16.290932,
        "activity_lines": [
          22.28249,
          22.548541,
          22.531416,
          22.435563
        ]
      },
      {
        "date": "2025-03-21",
        "close": 21.969549,
        "volume": 241704,
        "typical_volume": 382150.3,
        "trend": 22.2505,
        "fair_value": 18.094098,
        "relative_strength": -1.854947,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -20.968443,
        "energy": 30.957143,
        "activity_lines": [
          22.095128,
          22.434478,
          22.483101,
          22.418247
        ]
      },
      {
        "date": "2025-03-28",
        "close": 21.743313,
        "volume": 119205,
        "typical_volume": 385242.2,
        "trend": 22.257474,
        "fair_value": 18.11944,
        "relative_strength": -2.983593,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -28.444482,
        "energy": 39.787264,
        "activity_lines": [
          21.912827,
          22.276467,
          22.412572,
          22.385525
        ]
      },
      {
        "date": "2025-04-04",
        "close": 20.238348,
        "volume": 56725,
        "typical_volume": 360437.9,
        "trend": 22.238283,
        "fair_value": 18.134053,
        "relative_strength": -2.922473,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -63.492827,
        "energy": 75.031036,
        "activity_lines": [
          21.319365,
          21.858993,
          22.202121,
          22.255259
        ]
      },
      {
        "date": "2025-04-11",
        "close": 20.503929,
        "volume": 472139,
        "typical_volume": 175102.1,
        "trend": 22.204107,
        "fair_value": 18.150285,
        "relative_strength": -0.605287,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -79.827826,
        "energy": 81.919385,
        "activity_lines": [
          20.965583,
          21.540391,
          22.025563,
          22.143365
        ]
      },
      {
        "date": "2025-04-18",
        "close": 20.799023,
        "volume": 68545,
        "typical_volume": 175421.35,
        "trend": 22.173016,
        "fair_value": 18.168304,
        "relative_strength": -3.028787,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.633674,
        "energy": 79.10774,
        "activity_lines": [
          20.812137,
          21.32164,
          21.885791,
          22.052715
        ]
      },
      {
        "date": "2025-04-25",
        "close": 21.566257,
        "volume": 171389,
        "typical_volume": 180808.8,
        "trend": 22.156109,
        "fair_value": 18.191263,
        "relative_strength": -1.235141,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.265626,
        "energy": 68.208169,
        "activity_lines": [
          20.983945,
          21.280735,
          21.827832,
          22.013569
        ]
      },
      {
        "date": "2025-05-02",
        "close": 22.240051,
        "volume": 188566,
        "typical_volume": 184329.85,
        "trend": 22.16996,
        "fair_value": 18.218436,
        "relative_strength": -0.433779,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.373138,
        "energy": 29.144416,
        "activity_lines": [
          21.407237,
          21.391618,
          21.84041,
          22.018985
        ]
      },
      {
        "date": "2025-05-09",
        "close": 22.230215,
        "volume": 93367,
        "typical_volume": 183461.95,
        "trend": 22.17307,
        "fair_value": 18.245181,
        "relative_strength": -0.151643,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.806106,
        "energy": 19.502985,
        "activity_lines": [
          21.794135,
          21.516361,
          21.854013,
          22.022872
        ]
      },
      {
        "date": "2025-05-16",
        "close": 23.051552,
        "volume": 46986,
        "typical_volume": 177868.5,
        "trend": 22.199408,
        "fair_value": 18.277011,
        "relative_strength": 1.817723,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 19.662316,
        "energy": 28.728739,
        "activity_lines": [
          22.322021,
          21.795446,
          21.945812,
          22.079549
        ]
      },
      {
        "date": "2025-05-23",
        "close": 22.741707,
        "volume": 82101,
        "typical_volume": 176377.95,
        "trend": 22.220707,
        "fair_value": 18.306384,
        "relative_strength": -0.049356,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 13.086448,
        "energy": 28.763789,
        "activity_lines": [
          22.576783,
          21.999686,
          22.004723,
          22.114536
        ]
      },
      {
        "date": "2025-05-30",
        "close": 23.122866,
        "volume": 126609,
        "typical_volume": 173997.5,
        "trend": 22.263822,
        "fair_value": 18.337865,
        "relative_strength": 0.841666,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.775618,
        "energy": 41.542933,
        "activity_lines": [
          22.829086,
          22.256862,
          22.097125,
          22.172739
        ]
      },
      {
        "date": "2025-06-06",
        "close": 23.474516,
        "volume": 104220,
        "typical_volume": 170920.05,
        "trend": 22.29767,
        "fair_value": 18.371219,
        "relative_strength": 1.494676,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.89716,
        "energy": 58.279775,
        "activity_lines": [
          23.094832,
          22.557006,
          22.216789,
          22.250849
        ]
      },
      {
        "date": "2025-06-13",
        "close": 23.518778,
        "volume": 53592,
        "typical_volume": 169575.5,
        "trend": 22.346823,
        "fair_value": 18.404429,
        "relative_strength": 1.440089,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.899716,
        "energy": 63.042093,
        "activity_lines": [
          23.293035,
          22.833721,
          22.336134,
          22.32963
        ]
      },
      {
        "date": "2025-06-20",
        "close": 23.326971,
        "volume": 48170,
        "typical_volume": 164027.8,
        "trend": 22.380145,
        "fair_value": 18.435984,
        "relative_strength": 1.37389,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.411983,
        "energy": 67.341221,
        "activity_lines": [
          23.341397,
          23.015917,
          22.434839,
          22.392865
        ]
      },
      {
        "date": "2025-06-27",
        "close": 24.096666,
        "volume": 24310,
        "typical_volume": 158085.65,
        "trend": 22.428874,
        "fair_value": 18.497836,
        "relative_strength": 4.287524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.396192,
        "energy": 74.407999,
        "activity_lines": [
          23.627963,
          23.286731,
          22.605506,
          22.503608
        ]
      },
      {
        "date": "2025-07-04",
        "close": 24.278641,
        "volume": 12670,
        "typical_volume": 126163.75,
        "trend": 22.474718,
        "fair_value": 18.560902,
        "relative_strength": 4.649611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.293138,
        "energy": 81.342629,
        "activity_lines": [
          23.884857,
          23.530673,
          22.787843,
          22.622948
        ]
      },
      {
        "date": "2025-07-11",
        "close": 24.27618,
        "volume": 163559,
        "typical_volume": 128080.2,
        "trend": 22.528861,
        "fair_value": 18.623951,
        "relative_strength": 3.171508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.898773,
        "energy": 88.518235,
        "activity_lines": [
          24.063879,
          23.724852,
          22.964699,
          22.739172
        ]
      },
      {
        "date": "2025-07-18",
        "close": 24.401594,
        "volume": 59748,
        "typical_volume": 128616.75,
        "trend": 22.601421,
        "fair_value": 18.687805,
        "relative_strength": 3.009896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.999829,
        "energy": 89.289204,
        "activity_lines": [
          24.231261,
          23.904813,
          23.147901,
          22.859993
        ]
      },
      {
        "date": "2025-07-25",
        "close": 24.755703,
        "volume": 141268,
        "typical_volume": 119652.7,
        "trend": 22.68188,
        "fair_value": 18.753929,
        "relative_strength": 2.881428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.269646,
        "energy": 91.930121,
        "activity_lines": [
          24.457825,
          24.109677,
          23.3558,
          22.998979
        ]
      },
      {
        "date": "2025-08-01",
        "close": 24.099127,
        "volume": 137331,
        "typical_volume": 120610.2,
        "trend": 22.746799,
        "fair_value": 18.815844,
        "relative_strength": 0.588153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.118897,
        "energy": 84.470376,
        "activity_lines": [
          24.370282,
          24.16418,
          23.488205,
          23.090414
        ]
      },
      {
        "date": "2025-08-08",
        "close": 24.782755,
        "volume": 45494,
        "typical_volume": 110799.7,
        "trend": 22.845732,
        "fair_value": 18.881269,
        "relative_strength": 2.954301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.65008,
        "energy": 74.698962,
        "activity_lines": [
          24.510451,
          24.318298,
          23.674967,
          23.221766
        ]
      },
      {
        "date": "2025-08-15",
        "close": 25.099977,
        "volume": 27779,
        "typical_volume": 106228.4,
        "trend": 22.931646,
        "fair_value": 18.948728,
        "relative_strength": 3.625559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.905938,
        "energy": 82.414052,
        "activity_lines": [
          24.722752,
          24.499914,
          23.878545,
          23.367202
        ]
      },
      {
        "date": "2025-08-22",
        "close": 25.280787,
        "volume": 86091,
        "typical_volume": 107696.7,
        "trend": 23.006991,
        "fair_value": 19.017346,
        "relative_strength": 2.240089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.289698,
        "energy": 77.333108,
        "activity_lines": [
          24.940404,
          24.68485,
          24.083359,
          23.518759
        ]
      },
      {
        "date": "2025-08-29",
        "close": 25.114614,
        "volume": 17979,
        "typical_volume": 84988.7,
        "trend": 23.075983,
        "fair_value": 19.084898,
        "relative_strength": 2.929034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.796022,
        "energy": 85.528258,
        "activity_lines": [
          25.044052,
          24.807536,
          24.248335,
          23.654735
        ]
      },
      {
        "date": "2025-09-05",
        "close": 25.20142,
        "volume": 33186,
        "typical_volume": 83220.75,
        "trend": 23.152424,
        "fair_value": 19.153007,
        "relative_strength": 2.906699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.363546,
        "energy": 84.607354,
        "activity_lines": [
          25.152708,
          24.913502,
          24.399623,
          23.79186
        ]
      },
      {
        "date": "2025-09-12",
        "close": 25.615616,
        "volume": 83746,
        "typical_volume": 78838.6,
        "trend": 23.233723,
        "fair_value": 19.22382,
        "relative_strength": 3.634185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.964015,
        "energy": 80.143533,
        "activity_lines": [
          25.325944,
          25.074691,
          24.569394,
          23.950775
        ]
      },
      {
        "date": "2025-09-19",
        "close": 25.77931,
        "volume": 52444,
        "typical_volume": 72032.5,
        "trend": 23.323009,
        "fair_value": 19.300102,
        "relative_strength": 4.931509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.232956,
        "energy": 76.41497,
        "activity_lines": [
          25.498219,
          25.241333,
          24.735472,
          24.115007
        ]
      },
      {
        "date": "2025-09-26",
        "close": 25.717304,
        "volume": 5727,
        "typical_volume": 67650.5,
        "trend": 23.430064,
        "fair_value": 19.376642,
        "relative_strength": 3.823695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.882998,
        "energy": 76.572941,
        "activity_lines": [
          25.604537,
          25.369372,
          24.878792,
          24.269477
        ]
      },
      {
        "date": "2025-10-03",
        "close": 26.245588,
        "volume": 16096,
        "typical_volume": 66106.0,
        "trend": 23.570468,
        "fair_value": 19.456022,
        "relative_strength": 3.554422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.546387,
        "energy": 88.17321,
        "activity_lines": [
          25.857849,
          25.56954,
          25.055819,
          24.451124
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25.749548,
        "volume": 117775,
        "typical_volume": 67889.7,
        "trend": 23.70073,
        "fair_value": 19.533238,
        "relative_strength": 2.248526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.631492,
        "energy": 66.836861,
        "activity_lines": [
          25.870416,
          25.652431,
          25.170394,
          24.59171
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.784269,
        "volume": 141671,
        "typical_volume": 68642.8,
        "trend": 23.827887,
        "fair_value": 19.609474,
        "relative_strength": 3.115309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.380385,
        "energy": 64.497632,
        "activity_lines": [
          25.858015,
          25.711627,
          25.273953,
          24.726132
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.14142,
        "volume": 32992,
        "typical_volume": 65081.4,
        "trend": 23.974491,
        "fair_value": 19.688,
        "relative_strength": 1.367241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.743422,
        "energy": 67.497093,
        "activity_lines": [
          25.95342,
          25.81755,
          25.398854,
          24.875392
        ]
      },
      {
        "date": "2025-10-31",
        "close": 26.463846,
        "volume": 26162,
        "typical_volume": 63709.9,
        "trend": 24.182008,
        "fair_value": 19.768592,
        "relative_strength": 1.820897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.816754,
        "energy": 68.861823,
        "activity_lines": [
          26.13216,
          25.96316,
          25.541761,
          25.035995
        ]
      },
      {
        "date": "2025-11-07",
        "close": 25.848755,
        "volume": 34131,
        "typical_volume": 63007.95,
        "trend": 24.360169,
        "fair_value": 19.845241,
        "relative_strength": -0.108403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.411415,
        "energy": 58.55572,
        "activity_lines": [
          26.0561,
          25.975426,
          25.612065,
          25.143528
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.305113,
        "volume": 181949,
        "typical_volume": 70889.9,
        "trend": 24.543705,
        "fair_value": 19.924816,
        "relative_strength": 1.505243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.214901,
        "energy": 59.294663,
        "activity_lines": [
          26.158615,
          26.057318,
          25.713823,
          25.269008
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.506485,
        "volume": 120323,
        "typical_volume": 76272.55,
        "trend": 24.675046,
        "fair_value": 19.999271,
        "relative_strength": 0.081516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.881391,
        "energy": 39.675561,
        "activity_lines": [
          25.957884,
          25.973938,
          25.729004,
          25.331123
        ]
      },
      {
        "date": "2025-11-28",
        "close": 26.543213,
        "volume": 90426,
        "typical_volume": 72615.9,
        "trend": 24.818485,
        "fair_value": 20.080372,
        "relative_strength": 2.212691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.316849,
        "energy": 45.17167,
        "activity_lines": [
          26.121247,
          26.081037,
          25.837075,
          25.45165
        ]
      },
      {
        "date": "2025-12-05",
        "close": 26.701948,
        "volume": 35565,
        "typical_volume": 71406.75,
        "trend": 24.967542,
        "fair_value": 20.162491,
        "relative_strength": 3.38884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.589067,
        "energy": 51.88388,
        "activity_lines": [
          26.310735,
          26.203109,
          25.949468,
          25.573163
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.548176,
        "volume": 57194,
        "typical_volume": 67203.05,
        "trend": 25.084096,
        "fair_value": 20.243623,
        "relative_strength": 2.968639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.48055,
        "energy": 48.671011,
        "activity_lines": [
          26.433093,
          26.27932,
          26.036262,
          25.67514
        ]
      },
      {
        "date": "2025-12-19",
        "close": 26.687067,
        "volume": 21595,
        "typical_volume": 61416.25,
        "trend": 25.215608,
        "fair_value": 20.325647,
        "relative_strength": 0.947811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.78973,
        "energy": 61.590952,
        "activity_lines": [
          26.55512,
          26.375281,
          26.127748,
          25.778557
        ]
      },
      {
        "date": "2025-12-26",
        "close": 26.964851,
        "volume": 1148,
        "typical_volume": 59198.95,
        "trend": 25.343675,
        "fair_value": 20.40945,
        "relative_strength": 2.281548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.148353,
        "energy": 71.887458,
        "activity_lines": [
          26.744277,
          26.504703,
          26.233366,
          25.891412
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.82596,
        "volume": 95953,
        "typical_volume": 62607.65,
        "trend": 25.455389,
        "fair_value": 20.492364,
        "relative_strength": 0.930956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.510637,
        "energy": 63.781081,
        "activity_lines": [
          26.789914,
          26.587408,
          26.315366,
          25.987043
        ]
      },
      {
        "date": "2026-01-09",
        "close": 27.277357,
        "volume": 241252,
        "typical_volume": 70365.7,
        "trend": 25.580675,
        "fair_value": 20.578171,
        "relative_strength": 0.834685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.323815,
        "energy": 73.797933,
        "activity_lines": [
          26.967166,
          26.739738,
          26.432136,
          26.104589
        ]
      },
      {
        "date": "2026-01-16",
        "close": 27.329441,
        "volume": 38118,
        "typical_volume": 71372.65,
        "trend": 25.714091,
        "fair_value": 20.664312,
        "relative_strength": -0.081281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.674336,
        "energy": 79.067248,
        "activity_lines": [
          27.123419,
          26.886746,
          26.54436,
          26.217413
        ]
      },
      {
        "date": "2026-01-23",
        "close": 27.245113,
        "volume": 42304,
        "typical_volume": 71828.55,
        "trend": 25.819039,
        "fair_value": 20.749912,
        "relative_strength": 0.528456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.621742,
        "energy": 69.293136,
        "activity_lines": [
          27.199478,
          26.991501,
          26.638006,
          26.316188
        ]
      },
      {
        "date": "2026-01-30",
        "close": 27.359203,
        "volume": 63897,
        "typical_volume": 70836.1,
        "trend": 25.921725,
        "fair_value": 20.823505,
        "relative_strength": 0.144562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.90583,
        "energy": 71.27266,
        "activity_lines": [
          27.276364,
          27.099909,
          26.732785,
          26.415554
        ]
      },
      {
        "date": "2026-02-06",
        "close": 27.326962,
        "volume": 45560,
        "typical_volume": 70491.9,
        "trend": 26.023417,
        "fair_value": 20.895371,
        "relative_strength": -1.386264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.314317,
        "energy": 57.164478,
        "activity_lines": [
          27.316213,
          27.168769,
          26.816191,
          26.506214
        ]
      },
      {
        "date": "2026-02-13",
        "close": 27.361685,
        "volume": 162594,
        "typical_volume": 78335.25,
        "trend": 26.122087,
        "fair_value": 20.967459,
        "relative_strength": -1.960418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.072173,
        "energy": 53.755801,
        "activity_lines": [
          27.334237,
          27.229692,
          26.895534,
          26.592554
        ]
      },
      {
        "date": "2026-02-20",
        "close": 27.5075,
        "volume": 85977,
        "typical_volume": 81829.3,
        "trend": 26.213814,
        "fair_value": 21.040482,
        "relative_strength": -3.590941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.081376,
        "energy": 56.34711,
        "activity_lines": [
          27.395243,
          27.305132,
          26.980934,
          26.681936
        ]
      },
      {
        "date": "2026-02-27",
        "close": 27.5725,
        "volume": 49665,
        "typical_volume": 78423.8,
        "trend": 26.329593,
        "fair_value": 21.113922,
        "relative_strength": -5.325704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.911184,
        "energy": 58.394702,
        "activity_lines": [
          27.466045,
          27.374947,
          27.066516,
          26.769593
        ]
      },
      {
        "date": "2026-03-06",
        "close": 26.9125,
        "volume": 92787,
        "typical_volume": 75979.6,
        "trend": 26.400584,
        "fair_value": 21.183132,
        "relative_strength": -2.024404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.930116,
        "energy": 38.573915,
        "activity_lines": [
          27.295022,
          27.308664,
          27.080559,
          26.8072
        ]
      },
      {
        "date": "2026-03-13",
        "close": 26.3125,
        "volume": 33906,
        "typical_volume": 76025.3,
        "trend": 26.441002,
        "fair_value": 21.248495,
        "relative_strength": -4.011939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 14.192171,
        "energy": 13.241188,
        "activity_lines": [
          26.953779,
          27.134242,
          27.032087,
          26.801517
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.862499,
        "volume": 11215,
        "typical_volume": 75277.95,
        "trend": 26.460392,
        "fair_value": 21.310973,
        "relative_strength": -2.438652,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.77903,
        "energy": 27.61116,
        "activity_lines": [
          26.530166,
          26.887337,
          26.939944,
          26.764194
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.450001,
        "volume": 98144,
        "typical_volume": 78478.6,
        "trend": 26.471572,
        "fair_value": 21.370807,
        "relative_strength": -4.496675,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -43.349816,
        "energy": 48.38017,
        "activity_lines": [
          26.069,
          26.591157,
          26.811378,
          26.699008
        ]
      },
      {
        "date": "2026-04-03",
        "close": 26.209999,
        "volume": 469774,
        "typical_volume": 92869.85,
        "trend": 26.505191,
        "fair_value": 21.435513,
        "relative_strength": -6.063047,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.448198,
        "energy": 42.337028,
        "activity_lines": [
          25.998333,
          26.46733,
          26.757092,
          26.682132
        ]
      },
      {
        "date": "2026-04-10",
        "close": 27.27,
        "volume": 181433,
        "typical_volume": 95925.35,
        "trend": 26.560337,
        "fair_value": 21.507014,
        "relative_strength": -3.776529,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -1.767473,
        "energy": 20.132943,
        "activity_lines": [
          26.371833,
          26.555051,
          26.804211,
          26.731474
        ]
      },
      {
        "date": "2026-04-17",
        "close": 28.307501,
        "volume": 17588,
        "typical_volume": 92283.45,
        "trend": 26.64461,
        "fair_value": 21.585166,
        "relative_strength": -0.844025,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 55.78248,
        "energy": 27.840151,
        "activity_lines": [
          27.067334,
          26.833031,
          26.941742,
          26.844195
        ]
      },
      {
        "date": "2026-04-24",
        "close": 28.1,
        "volume": 24430,
        "typical_volume": 91726.7,
        "trend": 26.724033,
        "fair_value": 21.661987,
        "relative_strength": 1.060074,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 69.342907,
        "energy": 50.716857,
        "activity_lines": [
          27.560667,
          27.055455,
          27.05111,
          26.938091
        ]
      },
      {
        "date": "2026-05-01",
        "close": 28.522499,
        "volume": 184773,
        "typical_volume": 98105.65,
        "trend": 26.79993,
        "fair_value": 21.741517,
        "relative_strength": 2.608498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.671779,
        "energy": 66.121882,
        "activity_lines": [
          28.045666,
          27.341273,
          27.194058,
          27.054121
        ]
      },
      {
        "date": "2026-05-08",
        "close": 28.932501,
        "volume": 36407,
        "typical_volume": 98846.25,
        "trend": 26.906029,
        "fair_value": 21.823675,
        "relative_strength": 5.241241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.551703,
        "energy": 86.57207,
        "activity_lines": [
          28.4625,
          27.683182,
          27.366653,
          27.191706
        ]
      },
      {
        "date": "2026-05-15",
        "close": 28.932501,
        "volume": 94907,
        "typical_volume": 103534.2,
        "trend": 27.01097,
        "fair_value": 21.905833,
        "relative_strength": 5.491823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.750228,
        "energy": 86.27749,
        "activity_lines": [
          28.697834,
          28.000364,
          27.528555,
          27.322446
        ]
      },
      {
        "date": "2026-05-22",
        "close": 29.3225,
        "volume": 6552,
        "typical_volume": 99064.15,
        "trend": 27.117006,
        "fair_value": 21.990491,
        "relative_strength": 4.003052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.281316,
        "energy": 89.156743,
        "activity_lines": [
          28.952334,
          28.351728,
          27.71823,
          27.471577
        ]
      },
      {
        "date": "2026-05-29",
        "close": 29.6325,
        "volume": 7824,
        "typical_volume": 87392.75,
        "trend": 27.222628,
        "fair_value": 22.077136,
        "relative_strength": 5.519263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.323409,
        "energy": 91.028874,
        "activity_lines": [
          29.2425,
          28.704727,
          27.925541,
          27.633867
        ]
      },
      {
        "date": "2026-06-05",
        "close": 29.32,
        "volume": 12303,
        "typical_volume": 86102.0,
        "trend": 27.338336,
        "fair_value": 22.161778,
        "relative_strength": 4.693157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.383834,
        "energy": 83.847249,
        "activity_lines": [
          29.326334,
          28.932364,
          28.091875,
          27.769181
        ]
      },
      {
        "date": "2026-06-12",
        "close": 29.307501,
        "volume": 4151,
        "typical_volume": 84194.35,
        "trend": 27.438415,
        "fair_value": 22.246339,
        "relative_strength": 3.508978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.913403,
        "energy": 80.494136,
        "activity_lines": [
          29.352834,
          29.087364,
          28.247539,
          27.896224
        ]
      },
      {
        "date": "2026-06-19",
        "close": 29.465,
        "volume": 9940,
        "typical_volume": 81496.5,
        "trend": 27.570366,
        "fair_value": 22.331911,
        "relative_strength": 5.015755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.244477,
        "energy": 80.010792,
        "activity_lines": [
          29.406834,
          29.214682,
          28.408383,
          28.026972
        ]
      },
      {
        "date": "2026-06-26",
        "close": 29.030001,
        "volume": 3955,
        "typical_volume": 79416.25,
        "trend": 27.653259,
        "fair_value": 22.414694,
        "relative_strength": 2.02318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.310209,
        "energy": 58.543993,
        "activity_lines": [
          29.280334,
          29.223,
          28.51777,
          28.121142
        ]
      },
      {
        "date": "2026-07-03",
        "close": 29.6,
        "volume": 1269,
        "typical_volume": 71350.0,
        "trend": 27.749861,
        "fair_value": 22.495633,
        "relative_strength": 2.346089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.752599,
        "energy": 62.135816,
        "activity_lines": [
          29.363334,
          29.321819,
          28.673334,
          28.246738
        ]
      },
      {
        "date": "2026-07-10",
        "close": 29.6875,
        "volume": 40976,
        "typical_volume": 69099.95,
        "trend": 27.854505,
        "fair_value": 22.573719,
        "relative_strength": 4.341689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.237502,
        "energy": 65.886125,
        "activity_lines": [
          29.477667,
          29.409273,
          28.826572,
          28.371747
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.415001,
        "volume": 25579,
        "typical_volume": 67895.65,
        "trend": 27.945436,
        "fair_value": 22.649475,
        "relative_strength": 2.333969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.382276,
        "energy": 59.88592,
        "activity_lines": [
          29.476667,
          29.426,
          28.943477,
          28.472424
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.3675,
        "volume": 6663,
        "typical_volume": 63589.45,
        "trend": 28.025524,
        "fair_value": 22.724003,
        "relative_strength": 0.86137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.181374,
        "energy": 58.137684,
        "activity_lines": [
          29.452667,
          29.425319,
          29.047084,
          28.56417
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.395,
        "volume": 112597,
        "typical_volume": 67524.0,
        "trend": 28.111159,
        "fair_value": 22.800609,
        "relative_strength": -0.302845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.935195,
        "energy": 51.916903,
        "activity_lines": [
          29.444334,
          29.421728,
          29.141619,
          28.652523
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.6075,
        "volume": 69905,
        "typical_volume": 70458.5,
        "trend": 28.222164,
        "fair_value": 22.886555,
        "relative_strength": 3.434347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.952771,
        "energy": 67.365836,
        "activity_lines": [
          29.815833,
          29.637273,
          29.336953,
          28.813578
        ]
      }
    ],
    "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."
    }
  }
}