{
  "ticker": {
    "uuid": "c0988971-73bb-4020-a035-5caaff4cc16c",
    "symbol": "HEDD",
    "name": "WisdomTree Europe Equity UCITS ETF",
    "exchange": "EBS",
    "country": "CH",
    "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": "^SSMI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 56.35,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 83.593,
    "architecture_energy": 61.004,
    "architecture_maturity": 48.889,
    "architecture_confidence": 64.401,
    "architecture_tenure": "Developing",
    "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": 25.83,
        "rotation_up": 47.51,
        "upward_expansion": 74.57,
        "deceleration": 63.38,
        "rotation_down": 29.41,
        "downward_expansion": 14.9
      },
      "activity_lines": [
        28.626001,
        28.615364,
        28.350453,
        28.060398
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 29.040001,
    "trend_reference": 27.812833,
    "distance_from_trend": 0.044122,
    "trend_direction": "Improving",
    "fair_value": 24.75926,
    "distance_from_fair_value": 0.172895,
    "fair_value_direction": "Improving",
    "relative_strength": -3.748547,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.055233,
    "excess_performance": -0.027651,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.044122,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022167,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.172895,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.028739,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.037485,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.048685,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.055233,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.759134,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 3.759134,
      "dry_up": 0.0,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.010211,
      "annualized_volatility": 0.143693,
      "from_high_reference": 0.0,
      "from_low_reference": 0.173096
    },
    "levels": {
      "trend_reference": 27.812833,
      "fair_value_reference": 24.75926,
      "structural_low": 24.754999,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 34,
        "median_return": 0.003117,
        "positive_rate": 0.558824,
        "directional_follow_through": 0.558824,
        "median_excess_return": -0.000717,
        "regime_survival": 0.735294,
        "best_return": 0.070899,
        "worst_return": -0.097978,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.002235,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.000374,
        "regime_survival": 0.5,
        "best_return": 0.116848,
        "worst_return": -0.077901,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.055421,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.008326,
        "regime_survival": 0.5,
        "best_return": 0.128084,
        "worst_return": -0.152101,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.073389,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.020522,
        "regime_survival": 0.25,
        "best_return": 0.192947,
        "worst_return": -0.109554,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.025285,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.012574,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-23",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": -0.001498,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.029079,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.010124,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.047453,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-02",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.037597,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.001174,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-06",
        "end": "2025-06-27",
        "tenure": "New",
        "return": -0.028733,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-04",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.005787,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.038791,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.071071,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.039445,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.022535,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 21.285,
        "volume": 1095,
        "typical_volume": 2439.2,
        "trend": 21.507,
        "fair_value": 19.545545,
        "relative_strength": 7.074685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 15.525422,
        "energy": 9.377595,
        "activity_lines": [
          21.705667,
          21.781455,
          21.726881,
          21.65671
        ]
      },
      {
        "date": "2023-08-25",
        "close": 21.415001,
        "volume": 110,
        "typical_volume": 2444.7,
        "trend": 21.540833,
        "fair_value": 19.578936,
        "relative_strength": 6.30028,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.597705,
        "energy": 18.586191,
        "activity_lines": [
          21.558334,
          21.715091,
          21.699357,
          21.650774
        ]
      },
      {
        "date": "2023-09-01",
        "close": 21.495001,
        "volume": 1200,
        "typical_volume": 2459.7,
        "trend": 21.553667,
        "fair_value": 19.613891,
        "relative_strength": 5.23429,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.162481,
        "energy": 21.038595,
        "activity_lines": [
          21.477667,
          21.671637,
          21.680024,
          21.647817
        ]
      },
      {
        "date": "2023-09-08",
        "close": 21.195,
        "volume": 0,
        "typical_volume": 2459.7,
        "trend": 21.566667,
        "fair_value": 19.644269,
        "relative_strength": 4.669525,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.002449,
        "energy": 29.562044,
        "activity_lines": [
          21.363,
          21.570182,
          21.634357,
          21.624677
        ]
      },
      {
        "date": "2023-09-15",
        "close": 21.66,
        "volume": 549,
        "typical_volume": 1514.0,
        "trend": 21.579833,
        "fair_value": 19.677269,
        "relative_strength": 4.305358,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.660381,
        "energy": 22.830825,
        "activity_lines": [
          21.445334,
          21.566364,
          21.636214,
          21.630699
        ]
      },
      {
        "date": "2023-09-22",
        "close": 21.225,
        "volume": 0,
        "typical_volume": 549.15,
        "trend": 21.586167,
        "fair_value": 19.71134,
        "relative_strength": 3.645938,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.945628,
        "energy": 30.707185,
        "activity_lines": [
          21.383667,
          21.478,
          21.596072,
          21.607807
        ]
      },
      {
        "date": "2023-09-29",
        "close": 21.0,
        "volume": 0,
        "typical_volume": 534.15,
        "trend": 21.5645,
        "fair_value": 19.741981,
        "relative_strength": 2.740704,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -40.369158,
        "energy": 43.262591,
        "activity_lines": [
          21.251,
          21.363909,
          21.536119,
          21.569989
        ]
      },
      {
        "date": "2023-10-06",
        "close": 20.85,
        "volume": 1500,
        "typical_volume": 569.15,
        "trend": 21.548333,
        "fair_value": 19.768968,
        "relative_strength": 2.913883,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.340803,
        "energy": 63.677731,
        "activity_lines": [
          21.096,
          21.241,
          21.464667,
          21.523893
        ]
      },
      {
        "date": "2023-10-13",
        "close": 20.940001,
        "volume": 36,
        "typical_volume": 567.55,
        "trend": 21.545667,
        "fair_value": 19.796378,
        "relative_strength": 2.484328,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.009632,
        "energy": 70.284504,
        "activity_lines": [
          21.014,
          21.164182,
          21.406524,
          21.484645
        ]
      },
      {
        "date": "2023-10-20",
        "close": 20.299999,
        "volume": 3305,
        "typical_volume": 729.3,
        "trend": 21.527333,
        "fair_value": 19.821776,
        "relative_strength": 4.360571,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.407199,
        "energy": 82.332766,
        "activity_lines": [
          20.735667,
          20.987091,
          21.290357,
          21.40428
        ]
      },
      {
        "date": "2023-10-27",
        "close": 20.075001,
        "volume": 0,
        "typical_volume": 725.8,
        "trend": 21.4745,
        "fair_value": 19.852397,
        "relative_strength": 3.186966,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.971121,
        "energy": 89.624084,
        "activity_lines": [
          20.473,
          20.794091,
          21.158119,
          21.310581
        ]
      },
      {
        "date": "2023-11-03",
        "close": 20.799999,
        "volume": 1000,
        "typical_volume": 768.95,
        "trend": 21.45,
        "fair_value": 19.880449,
        "relative_strength": 4.050395,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.540034,
        "energy": 76.479297,
        "activity_lines": [
          20.528667,
          20.754909,
          21.101191,
          21.267065
        ]
      },
      {
        "date": "2023-11-10",
        "close": 20.870001,
        "volume": 0,
        "typical_volume": 577.45,
        "trend": 21.4135,
        "fair_value": 19.904667,
        "relative_strength": 4.364618,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.054813,
        "energy": 64.413372,
        "activity_lines": [
          20.621,
          20.739637,
          21.056048,
          21.229645
        ]
      },
      {
        "date": "2023-11-17",
        "close": 21.475,
        "volume": 15,
        "typical_volume": 578.2,
        "trend": 21.400167,
        "fair_value": 19.932545,
        "relative_strength": 5.29404,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.334417,
        "energy": 24.066702,
        "activity_lines": [
          20.913667,
          20.845727,
          21.070595,
          21.233613
        ]
      },
      {
        "date": "2023-11-24",
        "close": 21.615,
        "volume": 85,
        "typical_volume": 547.75,
        "trend": 21.402667,
        "fair_value": 19.95991,
        "relative_strength": 4.350916,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.077325,
        "energy": 20.67447,
        "activity_lines": [
          21.217333,
          20.972182,
          21.100572,
          21.247473
        ]
      },
      {
        "date": "2023-12-01",
        "close": 21.9,
        "volume": 1195,
        "typical_volume": 607.5,
        "trend": 21.413833,
        "fair_value": 19.990346,
        "relative_strength": 5.386495,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 26.209069,
        "energy": 36.454751,
        "activity_lines": [
          21.528333,
          21.151273,
          21.156476,
          21.279559
        ]
      },
      {
        "date": "2023-12-08",
        "close": 22.365,
        "volume": 272,
        "typical_volume": 594.95,
        "trend": 21.439833,
        "fair_value": 20.024506,
        "relative_strength": 5.544321,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.573912,
        "energy": 52.212879,
        "activity_lines": [
          21.872667,
          21.402636,
          21.257429,
          21.340925
        ]
      },
      {
        "date": "2023-12-15",
        "close": 22.615,
        "volume": 10338,
        "typical_volume": 1101.8,
        "trend": 21.4655,
        "fair_value": 20.058513,
        "relative_strength": 5.290732,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.906635,
        "energy": 78.050091,
        "activity_lines": [
          22.196,
          21.674636,
          21.380524,
          21.416742
        ]
      },
      {
        "date": "2023-12-22",
        "close": 22.530001,
        "volume": 10011,
        "typical_volume": 1592.35,
        "trend": 21.498,
        "fair_value": 20.092154,
        "relative_strength": 4.973663,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.031023,
        "energy": 81.066542,
        "activity_lines": [
          22.374667,
          21.899091,
          21.494905,
          21.48542
        ]
      },
      {
        "date": "2023-12-29",
        "close": 22.525,
        "volume": 0,
        "typical_volume": 1535.55,
        "trend": 21.534667,
        "fair_value": 20.123904,
        "relative_strength": 4.808598,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.23174,
        "energy": 89.502309,
        "activity_lines": [
          22.481334,
          22.093727,
          21.605453,
          21.551678
        ]
      },
      {
        "date": "2024-01-05",
        "close": 22.08,
        "volume": 984,
        "typical_volume": 1530.0,
        "trend": 21.557667,
        "fair_value": 20.150468,
        "relative_strength": 2.100171,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.121251,
        "energy": 81.296047,
        "activity_lines": [
          22.379,
          22.167,
          21.669572,
          21.58686
        ]
      },
      {
        "date": "2024-01-12",
        "close": 22.33,
        "volume": 2002,
        "typical_volume": 1624.6,
        "trend": 21.572834,
        "fair_value": 20.179211,
        "relative_strength": 2.692521,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.192633,
        "energy": 58.222658,
        "activity_lines": [
          22.348,
          22.249273,
          21.753714,
          21.636688
        ]
      },
      {
        "date": "2024-01-19",
        "close": 21.985001,
        "volume": 6547,
        "typical_volume": 1891.95,
        "trend": 21.5955,
        "fair_value": 20.205372,
        "relative_strength": 1.611311,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.117032,
        "energy": 43.909322,
        "activity_lines": [
          22.204334,
          22.241,
          21.800643,
          21.66328
        ]
      },
      {
        "date": "2024-01-26",
        "close": 22.635,
        "volume": 0,
        "typical_volume": 1891.95,
        "trend": 21.6195,
        "fair_value": 20.23866,
        "relative_strength": 2.225206,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.781734,
        "energy": 46.857174,
        "activity_lines": [
          22.319334,
          22.330637,
          21.907143,
          21.730344
        ]
      },
      {
        "date": "2024-02-02",
        "close": 23.004999,
        "volume": 492,
        "typical_volume": 1889.1,
        "trend": 21.674333,
        "fair_value": 20.270872,
        "relative_strength": 5.092775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.194294,
        "energy": 65.55662,
        "activity_lines": [
          22.550667,
          22.466455,
          22.042024,
          21.819731
        ]
      },
      {
        "date": "2024-02-09",
        "close": 23.355,
        "volume": 5776,
        "typical_volume": 2177.9,
        "trend": 21.7175,
        "fair_value": 20.304635,
        "relative_strength": 7.86442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.948775,
        "energy": 90.735916,
        "activity_lines": [
          22.866667,
          22.640636,
          22.203833,
          21.928161
        ]
      },
      {
        "date": "2024-02-16",
        "close": 23.639999,
        "volume": 379,
        "typical_volume": 2196.85,
        "trend": 21.771667,
        "fair_value": 20.340878,
        "relative_strength": 6.854909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.351867,
        "energy": 96.03165,
        "activity_lines": [
          23.192666,
          22.840182,
          22.382643,
          22.052194
        ]
      },
      {
        "date": "2024-02-23",
        "close": 24.190001,
        "volume": 328,
        "typical_volume": 2138.25,
        "trend": 21.8285,
        "fair_value": 20.383083,
        "relative_strength": 7.335369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.792202,
        "energy": 97.556055,
        "activity_lines": [
          23.614667,
          23.116545,
          22.601262,
          22.208215
        ]
      },
      {
        "date": "2024-03-01",
        "close": 24.275,
        "volume": 3050,
        "typical_volume": 2288.95,
        "trend": 21.910167,
        "fair_value": 20.425051,
        "relative_strength": 7.552131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.719986,
        "energy": 96.274444,
        "activity_lines": [
          23.918,
          23.379727,
          22.812071,
          22.366054
        ]
      },
      {
        "date": "2024-03-08",
        "close": 24.51,
        "volume": 6280,
        "typical_volume": 2437.7,
        "trend": 22.004667,
        "fair_value": 20.463949,
        "relative_strength": 7.036304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.558025,
        "energy": 95.908821,
        "activity_lines": [
          24.190333,
          23.653909,
          23.029381,
          22.533785
        ]
      },
      {
        "date": "2024-03-15",
        "close": 24.775,
        "volume": 3000,
        "typical_volume": 2587.7,
        "trend": 22.121,
        "fair_value": 20.503583,
        "relative_strength": 7.775916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.848411,
        "energy": 95.9961,
        "activity_lines": [
          24.450667,
          23.940182,
          23.251881,
          22.712516
        ]
      },
      {
        "date": "2024-03-22",
        "close": 24.725,
        "volume": 58,
        "typical_volume": 2540.6,
        "trend": 22.231333,
        "fair_value": 20.541359,
        "relative_strength": 7.611718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.308186,
        "energy": 91.998401,
        "activity_lines": [
          24.599667,
          24.168364,
          23.447238,
          22.880516
        ]
      },
      {
        "date": "2024-03-29",
        "close": 25.049999,
        "volume": 3,
        "typical_volume": 2540.75,
        "trend": 22.349833,
        "fair_value": 20.578961,
        "relative_strength": 8.101916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.316817,
        "energy": 86.038071,
        "activity_lines": [
          24.784666,
          24.412091,
          23.654857,
          23.062366
        ]
      },
      {
        "date": "2024-04-05",
        "close": 24.66,
        "volume": 2536,
        "typical_volume": 2666.8,
        "trend": 22.465333,
        "fair_value": 20.612641,
        "relative_strength": 8.351023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.44817,
        "energy": 68.522449,
        "activity_lines": [
          24.782333,
          24.529182,
          23.805428,
          23.211409
        ]
      },
      {
        "date": "2024-04-12",
        "close": 24.719999,
        "volume": 547,
        "typical_volume": 2689.9,
        "trend": 22.567333,
        "fair_value": 20.645282,
        "relative_strength": 9.473039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.908066,
        "energy": 67.558139,
        "activity_lines": [
          24.774333,
          24.620363,
          23.946547,
          23.356871
        ]
      },
      {
        "date": "2024-04-19",
        "close": 24.325001,
        "volume": 2027,
        "typical_volume": 2731.5,
        "trend": 22.670667,
        "fair_value": 20.675327,
        "relative_strength": 8.260338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.526745,
        "energy": 64.631878,
        "activity_lines": [
          24.620667,
          24.608545,
          24.035262,
          23.470269
        ]
      },
      {
        "date": "2024-04-26",
        "close": 24.684999,
        "volume": 9,
        "typical_volume": 2718.35,
        "trend": 22.7935,
        "fair_value": 20.708872,
        "relative_strength": 9.089809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.843906,
        "energy": 58.727093,
        "activity_lines": [
          24.617,
          24.644545,
          24.146714,
          23.600226
        ]
      },
      {
        "date": "2024-05-03",
        "close": 24.200001,
        "volume": 7297,
        "typical_volume": 2566.3,
        "trend": 22.905167,
        "fair_value": 20.736731,
        "relative_strength": 7.333482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.904433,
        "energy": 48.896148,
        "activity_lines": [
          24.454333,
          24.573364,
          24.200929,
          23.690968
        ]
      },
      {
        "date": "2024-05-10",
        "close": 24.719999,
        "volume": 3000,
        "typical_volume": 2215.75,
        "trend": 23.031167,
        "fair_value": 20.768474,
        "relative_strength": 4.916527,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.924245,
        "energy": 49.040345,
        "activity_lines": [
          24.521666,
          24.596545,
          24.297119,
          23.808054
        ]
      },
      {
        "date": "2024-05-17",
        "close": 25.045,
        "volume": 44,
        "typical_volume": 2217.95,
        "trend": 23.189333,
        "fair_value": 20.801763,
        "relative_strength": 3.594183,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.880749,
        "energy": 63.373583,
        "activity_lines": [
          24.693333,
          24.670727,
          24.413833,
          23.937978
        ]
      },
      {
        "date": "2024-05-24",
        "close": 24.695,
        "volume": 60,
        "typical_volume": 2171.75,
        "trend": 23.343333,
        "fair_value": 20.832167,
        "relative_strength": 2.874596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.838603,
        "energy": 55.155733,
        "activity_lines": [
          24.726667,
          24.671545,
          24.485214,
          24.035118
        ]
      },
      {
        "date": "2024-05-31",
        "close": 24.495001,
        "volume": 2537,
        "typical_volume": 2198.5,
        "trend": 23.4665,
        "fair_value": 20.860083,
        "relative_strength": 1.289913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.847037,
        "energy": 51.566011,
        "activity_lines": [
          24.668667,
          24.637455,
          24.525095,
          24.109419
        ]
      },
      {
        "date": "2024-06-07",
        "close": 24.719999,
        "volume": 290,
        "typical_volume": 1885.65,
        "trend": 23.594833,
        "fair_value": 20.888449,
        "relative_strength": -0.008791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.056759,
        "energy": 49.477746,
        "activity_lines": [
          24.698333,
          24.648454,
          24.576095,
          24.19029
        ]
      },
      {
        "date": "2024-06-14",
        "close": 23.889999,
        "volume": 2620,
        "typical_volume": 2016.65,
        "trend": 23.675333,
        "fair_value": 20.912231,
        "relative_strength": -1.73825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 7.176639,
        "energy": 10.599713,
        "activity_lines": [
          24.416666,
          24.514545,
          24.535024,
          24.209333
        ]
      },
      {
        "date": "2024-06-21",
        "close": 24.125,
        "volume": 0,
        "typical_volume": 1992.05,
        "trend": 23.759,
        "fair_value": 20.936429,
        "relative_strength": -0.613461,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.111675,
        "energy": 16.72293,
        "activity_lines": [
          24.268666,
          24.437363,
          24.510357,
          24.238344
        ]
      },
      {
        "date": "2024-06-28",
        "close": 24.065001,
        "volume": 0,
        "typical_volume": 1703.25,
        "trend": 23.831167,
        "fair_value": 20.960308,
        "relative_strength": -0.763395,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.45311,
        "energy": 20.094435,
        "activity_lines": [
          24.162,
          24.360091,
          24.474643,
          24.258086
        ]
      },
      {
        "date": "2024-07-05",
        "close": 24.145,
        "volume": 200,
        "typical_volume": 1694.3,
        "trend": 23.8905,
        "fair_value": 20.98425,
        "relative_strength": -0.579934,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.556294,
        "energy": 24.656131,
        "activity_lines": [
          24.124,
          24.302091,
          24.443167,
          24.278333
        ]
      },
      {
        "date": "2024-07-12",
        "close": 24.5,
        "volume": 100,
        "typical_volume": 1682.9,
        "trend": 23.953333,
        "fair_value": 21.010179,
        "relative_strength": -2.043514,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.033897,
        "energy": 16.127396,
        "activity_lines": [
          24.227667,
          24.318455,
          24.443095,
          24.317656
        ]
      },
      {
        "date": "2024-07-19",
        "close": 23.895,
        "volume": 76,
        "typical_volume": 1534.2,
        "trend": 23.998833,
        "fair_value": 21.030692,
        "relative_strength": -2.956325,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.749544,
        "energy": 16.52451,
        "activity_lines": [
          24.144333,
          24.219364,
          24.383929,
          24.313892
        ]
      },
      {
        "date": "2024-07-26",
        "close": 23.514999,
        "volume": 1470,
        "typical_volume": 1293.7,
        "trend": 24.031833,
        "fair_value": 21.048673,
        "relative_strength": -4.971057,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.918819,
        "energy": 35.36765,
        "activity_lines": [
          23.934,
          24.066182,
          24.290381,
          24.282677
        ]
      },
      {
        "date": "2024-08-02",
        "close": 22.665001,
        "volume": 1890,
        "typical_volume": 1238.2,
        "trend": 24.051333,
        "fair_value": 21.059026,
        "relative_strength": -5.531332,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -62.617607,
        "energy": 74.852526,
        "activity_lines": [
          23.481,
          23.786273,
          24.120619,
          24.194495
        ]
      },
      {
        "date": "2024-08-09",
        "close": 22.525,
        "volume": 9482,
        "typical_volume": 1709.4,
        "trend": 24.057833,
        "fair_value": 21.066141,
        "relative_strength": -5.987398,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -60.707257,
        "energy": 84.915645,
        "activity_lines": [
          23.074667,
          23.517818,
          23.947571,
          24.096021
        ]
      },
      {
        "date": "2024-08-16",
        "close": 22.950001,
        "volume": 20,
        "typical_volume": 1710.25,
        "trend": 24.09,
        "fair_value": 21.078449,
        "relative_strength": -6.678481,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.203019,
        "energy": 86.814096,
        "activity_lines": [
          22.918,
          23.362455,
          23.825476,
          24.024548
        ]
      },
      {
        "date": "2024-08-23",
        "close": 23.360001,
        "volume": 600,
        "typical_volume": 1613.45,
        "trend": 24.114167,
        "fair_value": 21.092455,
        "relative_strength": -6.17643,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.990762,
        "energy": 84.906362,
        "activity_lines": [
          23.001334,
          23.313819,
          23.752429,
          23.977452
        ]
      },
      {
        "date": "2024-08-30",
        "close": 23.610001,
        "volume": 600,
        "typical_volume": 1616.1,
        "trend": 24.134333,
        "fair_value": 21.107872,
        "relative_strength": -5.813844,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.830638,
        "energy": 55.17257,
        "activity_lines": [
          23.203668,
          23.320273,
          23.709381,
          23.944925
        ]
      },
      {
        "date": "2024-09-06",
        "close": 22.77,
        "volume": 0,
        "typical_volume": 1514.75,
        "trend": 24.114833,
        "fair_value": 21.118737,
        "relative_strength": -5.113109,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.073796,
        "energy": 51.411946,
        "activity_lines": [
          23.119667,
          23.183364,
          23.591619,
          23.856903
        ]
      },
      {
        "date": "2024-09-13",
        "close": 22.809999,
        "volume": 180,
        "typical_volume": 1523.3,
        "trend": 24.087167,
        "fair_value": 21.131205,
        "relative_strength": -5.930054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.700464,
        "energy": 51.134692,
        "activity_lines": [
          23.042,
          23.077273,
          23.485072,
          23.772721
        ]
      },
      {
        "date": "2024-09-20",
        "close": 23.049999,
        "volume": 0,
        "typical_volume": 1158.45,
        "trend": 24.049167,
        "fair_value": 21.145019,
        "relative_strength": -4.122274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.471769,
        "energy": 46.056621,
        "activity_lines": [
          23.025333,
          23.039091,
          23.41031,
          23.705806
        ]
      },
      {
        "date": "2024-09-27",
        "close": 23.98,
        "volume": 840,
        "typical_volume": 1050.45,
        "trend": 24.039333,
        "fair_value": 21.169186,
        "relative_strength": -2.741125,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.849345,
        "energy": 26.086152,
        "activity_lines": [
          23.312,
          23.196364,
          23.429595,
          23.701344
        ]
      },
      {
        "date": "2024-10-04",
        "close": 23.254999,
        "volume": 0,
        "typical_volume": 1048.25,
        "trend": 23.9975,
        "fair_value": 21.189154,
        "relative_strength": -3.832014,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.643408,
        "energy": 21.877745,
        "activity_lines": [
          23.315666,
          23.220273,
          23.383357,
          23.650742
        ]
      },
      {
        "date": "2024-10-11",
        "close": 23.295,
        "volume": 28,
        "typical_volume": 1046.65,
        "trend": 23.948167,
        "fair_value": 21.206397,
        "relative_strength": -4.90775,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.533333,
        "energy": 19.840329,
        "activity_lines": [
          23.356333,
          23.256182,
          23.349452,
          23.605419
        ]
      },
      {
        "date": "2024-10-18",
        "close": 23.299999,
        "volume": 0,
        "typical_volume": 919.8,
        "trend": 23.900667,
        "fair_value": 21.223545,
        "relative_strength": -6.15493,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.707024,
        "energy": 20.219057,
        "activity_lines": [
          23.363666,
          23.281545,
          23.32269,
          23.563602
        ]
      },
      {
        "date": "2024-10-25",
        "close": 23.254999,
        "volume": 0,
        "typical_volume": 905.3,
        "trend": 23.840833,
        "fair_value": 21.238801,
        "relative_strength": -5.206224,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.290428,
        "energy": 20.047639,
        "activity_lines": [
          23.323333,
          23.284636,
          23.297333,
          23.521946
        ]
      },
      {
        "date": "2024-11-01",
        "close": 22.764999,
        "volume": 2885,
        "typical_volume": 918.55,
        "trend": 23.777667,
        "fair_value": 21.247199,
        "relative_strength": -5.464921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.224931,
        "energy": 42.095052,
        "activity_lines": [
          23.105999,
          23.19309,
          23.232285,
          23.452537
        ]
      },
      {
        "date": "2024-11-08",
        "close": 22.74,
        "volume": 0,
        "typical_volume": 918.55,
        "trend": 23.711667,
        "fair_value": 21.253705,
        "relative_strength": -4.166655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.190546,
        "energy": 65.307236,
        "activity_lines": [
          22.961333,
          23.107818,
          23.170214,
          23.385591
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.51,
        "volume": 33,
        "typical_volume": 920.2,
        "trend": 23.651167,
        "fair_value": 21.258705,
        "relative_strength": -3.684427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.638359,
        "energy": 77.315528,
        "activity_lines": [
          22.774333,
          22.996545,
          23.092833,
          23.308064
        ]
      },
      {
        "date": "2024-11-22",
        "close": 22.445,
        "volume": 0,
        "typical_volume": 910.2,
        "trend": 23.5765,
        "fair_value": 21.270788,
        "relative_strength": -4.630971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.463347,
        "energy": 83.470931,
        "activity_lines": [
          22.618,
          22.878181,
          23.016666,
          23.230247
        ]
      },
      {
        "date": "2024-11-29",
        "close": 22.43,
        "volume": 280,
        "typical_volume": 919.2,
        "trend": 23.5175,
        "fair_value": 21.283577,
        "relative_strength": -4.985741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.852272,
        "energy": 82.865673,
        "activity_lines": [
          22.513667,
          22.763727,
          22.947166,
          23.156279
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.155001,
        "volume": 15,
        "typical_volume": 916.15,
        "trend": 23.465333,
        "fair_value": 21.297455,
        "relative_strength": -2.000399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.665762,
        "energy": 54.999156,
        "activity_lines": [
          22.706,
          22.792364,
          22.956571,
          23.132892
        ]
      },
      {
        "date": "2024-12-13",
        "close": 23.450001,
        "volume": 10,
        "typical_volume": 843.15,
        "trend": 23.412167,
        "fair_value": 21.313994,
        "relative_strength": -0.00533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.340213,
        "energy": 16.564297,
        "activity_lines": [
          22.970667,
          22.889637,
          22.997595,
          23.131903
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.955,
        "volume": 0,
        "typical_volume": 748.65,
        "trend": 23.354167,
        "fair_value": 21.324923,
        "relative_strength": 0.548639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.004545,
        "energy": 21.180235,
        "activity_lines": [
          23.023,
          22.893364,
          22.991786,
          23.102409
        ]
      },
      {
        "date": "2024-12-27",
        "close": 22.93,
        "volume": 7246,
        "typical_volume": 636.85,
        "trend": 23.302,
        "fair_value": 21.334218,
        "relative_strength": -1.290963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.886521,
        "energy": 28.108247,
        "activity_lines": [
          23.037334,
          22.898727,
          22.982214,
          23.075043
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.795,
        "volume": 1157,
        "typical_volume": 693.7,
        "trend": 23.237833,
        "fair_value": 21.342231,
        "relative_strength": -2.152772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.938897,
        "energy": 26.879086,
        "activity_lines": [
          22.974334,
          22.886273,
          22.957857,
          23.042333
        ]
      },
      {
        "date": "2025-01-10",
        "close": 23.325001,
        "volume": 974,
        "typical_volume": 712.4,
        "trend": 23.219,
        "fair_value": 21.355244,
        "relative_strength": -1.292841,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.679414,
        "energy": 6.301546,
        "activity_lines": [
          23.063667,
          22.978546,
          22.984714,
          23.047957
        ]
      },
      {
        "date": "2025-01-17",
        "close": 23.9,
        "volume": 15,
        "typical_volume": 683.15,
        "trend": 23.2115,
        "fair_value": 21.373833,
        "relative_strength": -0.553391,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.001487,
        "energy": 48.188627,
        "activity_lines": [
          23.333334,
          23.165182,
          23.0665,
          23.091893
        ]
      },
      {
        "date": "2025-01-24",
        "close": 24.110001,
        "volume": 125,
        "typical_volume": 689.4,
        "trend": 23.213,
        "fair_value": 21.396974,
        "relative_strength": -2.081016,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 59.028153,
        "energy": 74.691908,
        "activity_lines": [
          23.643001,
          23.36891,
          23.166905,
          23.14986
        ]
      },
      {
        "date": "2025-01-31",
        "close": 24.594999,
        "volume": 680,
        "typical_volume": 714.4,
        "trend": 23.228,
        "fair_value": 21.424699,
        "relative_strength": -2.479628,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 92.002091,
        "energy": 96.605431,
        "activity_lines": [
          24.037333,
          23.631727,
          23.307119,
          23.239022
        ]
      },
      {
        "date": "2025-02-07",
        "close": 24.695,
        "volume": 25,
        "typical_volume": 715.65,
        "trend": 23.2345,
        "fair_value": 21.450724,
        "relative_strength": -1.917642,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.512263,
        "energy": 94.943663,
        "activity_lines": [
          24.354,
          23.873637,
          23.448357,
          23.333667
        ]
      },
      {
        "date": "2025-02-14",
        "close": 25.365,
        "volume": 0,
        "typical_volume": 673.65,
        "trend": 23.2835,
        "fair_value": 21.48284,
        "relative_strength": -1.081856,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.9342,
        "energy": 98.409815,
        "activity_lines": [
          24.767333,
          24.196182,
          23.645572,
          23.471118
        ]
      },
      {
        "date": "2025-02-21",
        "close": 25.58,
        "volume": 0,
        "typical_volume": 673.65,
        "trend": 23.352333,
        "fair_value": 21.52007,
        "relative_strength": -0.958442,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.734689,
        "energy": 97.343727,
        "activity_lines": [
          25.116333,
          24.517636,
          23.856667,
          23.61928
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25.58,
        "volume": 0,
        "typical_volume": 672.25,
        "trend": 23.4495,
        "fair_value": 21.567929,
        "relative_strength": -1.245998,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.823486,
        "energy": 94.226319,
        "activity_lines": [
          25.353333,
          24.800364,
          24.056691,
          23.763
        ]
      },
      {
        "date": "2025-03-07",
        "close": 25.465,
        "volume": 25,
        "typical_volume": 673.5,
        "trend": 23.5475,
        "fair_value": 21.611551,
        "relative_strength": -2.084318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.672791,
        "energy": 89.537046,
        "activity_lines": [
          25.454,
          25.014455,
          24.234881,
          23.893032
        ]
      },
      {
        "date": "2025-03-14",
        "close": 24.99,
        "volume": 17,
        "typical_volume": 674.35,
        "trend": 23.6155,
        "fair_value": 21.645859,
        "relative_strength": -2.545087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.343867,
        "energy": 70.296984,
        "activity_lines": [
          25.338333,
          25.096091,
          24.357524,
          23.986097
        ]
      },
      {
        "date": "2025-03-21",
        "close": 25.42,
        "volume": 0,
        "typical_volume": 530.1,
        "trend": 23.684167,
        "fair_value": 21.683205,
        "relative_strength": -1.901552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.636653,
        "energy": 68.788025,
        "activity_lines": [
          25.346333,
          25.216,
          24.512857,
          24.102516
        ]
      },
      {
        "date": "2025-03-28",
        "close": 24.945,
        "volume": 0,
        "typical_volume": 530.1,
        "trend": 23.728667,
        "fair_value": 21.716429,
        "relative_strength": -1.789319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.909238,
        "energy": 57.41082,
        "activity_lines": [
          25.192333,
          25.211455,
          24.61031,
          24.18386
        ]
      },
      {
        "date": "2025-04-04",
        "close": 22.969999,
        "volume": 0,
        "typical_volume": 528.45,
        "trend": 23.735333,
        "fair_value": 21.737596,
        "relative_strength": -0.145971,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 5.644129,
        "energy": 22.701058,
        "activity_lines": [
          24.422333,
          24.828818,
          24.509167,
          24.134914
        ]
      },
      {
        "date": "2025-04-11",
        "close": 22.469999,
        "volume": 7950,
        "typical_volume": 925.95,
        "trend": 23.724,
        "fair_value": 21.756006,
        "relative_strength": 1.405905,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -34.448004,
        "energy": 43.844499,
        "activity_lines": [
          23.659666,
          24.376,
          24.358214,
          24.053279
        ]
      },
      {
        "date": "2025-04-18",
        "close": 23.155001,
        "volume": 0,
        "typical_volume": 911.95,
        "trend": 23.7275,
        "fair_value": 21.777872,
        "relative_strength": 0.888411,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.329622,
        "energy": 48.789194,
        "activity_lines": [
          23.325,
          24.086364,
          24.272381,
          24.01657
        ]
      },
      {
        "date": "2025-04-25",
        "close": 24.059999,
        "volume": 11752,
        "typical_volume": 1498.8,
        "trend": 23.730167,
        "fair_value": 21.806231,
        "relative_strength": 2.525593,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.908976,
        "energy": 43.328855,
        "activity_lines": [
          23.414333,
          23.989272,
          24.269286,
          24.038021
        ]
      },
      {
        "date": "2025-05-02",
        "close": 24.469999,
        "volume": 0,
        "typical_volume": 1498.3,
        "trend": 23.770667,
        "fair_value": 21.842141,
        "relative_strength": 1.769163,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -12.868887,
        "energy": 29.70292,
        "activity_lines": [
          23.730999,
          23.990454,
          24.300928,
          24.085753
        ]
      },
      {
        "date": "2025-05-09",
        "close": 24.75,
        "volume": 0,
        "typical_volume": 1498.3,
        "trend": 23.819167,
        "fair_value": 21.877192,
        "relative_strength": 4.408158,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.778684,
        "energy": 20.905046,
        "activity_lines": [
          24.172666,
          24.062727,
          24.354381,
          24.148935
        ]
      },
      {
        "date": "2025-05-16",
        "close": 25.389999,
        "volume": 0,
        "typical_volume": 1136.0,
        "trend": 23.888833,
        "fair_value": 21.918077,
        "relative_strength": 4.979362,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.469289,
        "energy": 47.165333,
        "activity_lines": [
          24.708999,
          24.266454,
          24.460238,
          24.250279
        ]
      },
      {
        "date": "2025-05-23",
        "close": 25.549999,
        "volume": 2109,
        "typical_volume": 1183.6,
        "trend": 23.965333,
        "fair_value": 21.955513,
        "relative_strength": 6.796165,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 65.36888,
        "energy": 55.164363,
        "activity_lines": [
          25.103999,
          24.500636,
          24.569619,
          24.357451
        ]
      },
      {
        "date": "2025-05-30",
        "close": 25.58,
        "volume": 0,
        "typical_volume": 1134.9,
        "trend": 24.059167,
        "fair_value": 21.993128,
        "relative_strength": 6.620016,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 72.53121,
        "energy": 76.182547,
        "activity_lines": [
          25.349333,
          24.73009,
          24.668738,
          24.461623
        ]
      },
      {
        "date": "2025-06-06",
        "close": 25.58,
        "volume": 0,
        "typical_volume": 1134.15,
        "trend": 24.153833,
        "fair_value": 22.037077,
        "relative_strength": 5.367746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.471606,
        "energy": 81.364993,
        "activity_lines": [
          25.493333,
          24.956636,
          24.757119,
          24.559742
        ]
      },
      {
        "date": "2025-06-13",
        "close": 25.209999,
        "volume": 1000,
        "typical_volume": 1177.9,
        "trend": 24.243833,
        "fair_value": 22.084641,
        "relative_strength": 5.630543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.55348,
        "energy": 73.728233,
        "activity_lines": [
          25.439999,
          25.104363,
          24.802261,
          24.627881
        ]
      },
      {
        "date": "2025-06-20",
        "close": 24.74,
        "volume": 0,
        "typical_volume": 1143.9,
        "trend": 24.320333,
        "fair_value": 22.127026,
        "relative_strength": 5.981357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.695735,
        "energy": 43.107172,
        "activity_lines": [
          25.199333,
          25.125909,
          24.797404,
          24.659892
        ]
      },
      {
        "date": "2025-06-27",
        "close": 24.844999,
        "volume": 950,
        "typical_volume": 1190.15,
        "trend": 24.400833,
        "fair_value": 22.172199,
        "relative_strength": 5.392863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.01969,
        "energy": 27.951705,
        "activity_lines": [
          25.036999,
          25.125272,
          24.801857,
          24.693742
        ]
      },
      {
        "date": "2025-07-04",
        "close": 25.055,
        "volume": 9,
        "typical_volume": 1190.6,
        "trend": 24.464166,
        "fair_value": 22.216308,
        "relative_strength": 6.269614,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.714266,
        "energy": 23.274308,
        "activity_lines": [
          24.991666,
          25.13209,
          24.825595,
          24.735946
        ]
      },
      {
        "date": "2025-07-11",
        "close": 25.41,
        "volume": 0,
        "typical_volume": 1190.6,
        "trend": 24.5295,
        "fair_value": 22.263449,
        "relative_strength": 7.936047,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.375363,
        "energy": 28.543108,
        "activity_lines": [
          25.099666,
          25.185363,
          24.884619,
          24.796967
        ]
      },
      {
        "date": "2025-07-18",
        "close": 25.200001,
        "volume": 0,
        "typical_volume": 1190.6,
        "trend": 24.604333,
        "fair_value": 22.306013,
        "relative_strength": 6.492148,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 45.50332,
        "energy": 36.590454,
        "activity_lines": [
          25.149,
          25.183364,
          24.924452,
          24.840226
        ]
      },
      {
        "date": "2025-07-25",
        "close": 25.65,
        "volume": 2254,
        "typical_volume": 1302.05,
        "trend": 24.695,
        "fair_value": 22.348167,
        "relative_strength": 8.403227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.062947,
        "energy": 72.803845,
        "activity_lines": [
          25.349,
          25.255,
          25.008952,
          24.907688
        ]
      },
      {
        "date": "2025-08-01",
        "close": 25.465,
        "volume": 1074,
        "typical_volume": 1354.9,
        "trend": 24.784,
        "fair_value": 22.389173,
        "relative_strength": 8.454028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.041716,
        "energy": 72.564487,
        "activity_lines": [
          25.426667,
          25.288273,
          25.074952,
          24.957365
        ]
      },
      {
        "date": "2025-08-08",
        "close": 25.610001,
        "volume": 600,
        "typical_volume": 1384.9,
        "trend": 24.860166,
        "fair_value": 22.430481,
        "relative_strength": 8.514715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.596937,
        "energy": 73.929934,
        "activity_lines": [
          25.511334,
          25.349455,
          25.1525,
          25.010656
        ]
      },
      {
        "date": "2025-08-15",
        "close": 26.15,
        "volume": 700,
        "typical_volume": 1419.9,
        "trend": 24.935166,
        "fair_value": 22.476545,
        "relative_strength": 8.60176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.720177,
        "energy": 92.423965,
        "activity_lines": [
          25.739,
          25.508273,
          25.280571,
          25.093871
        ]
      },
      {
        "date": "2025-08-22",
        "close": 26.035,
        "volume": 242,
        "typical_volume": 1432.0,
        "trend": 24.999333,
        "fair_value": 22.52332,
        "relative_strength": 6.208153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.999117,
        "energy": 91.155818,
        "activity_lines": [
          25.879,
          25.635818,
          25.391952,
          25.164828
        ]
      },
      {
        "date": "2025-08-29",
        "close": 25.870001,
        "volume": 207,
        "typical_volume": 1044.85,
        "trend": 25.041833,
        "fair_value": 22.574192,
        "relative_strength": 5.975509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.061017,
        "energy": 84.146297,
        "activity_lines": [
          25.908334,
          25.718364,
          25.473024,
          25.221
        ]
      },
      {
        "date": "2025-09-05",
        "close": 25.584999,
        "volume": 0,
        "typical_volume": 1044.85,
        "trend": 25.0715,
        "fair_value": 22.621853,
        "relative_strength": 3.10313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.087699,
        "energy": 65.200631,
        "activity_lines": [
          25.828,
          25.728546,
          25.510762,
          25.256043
        ]
      },
      {
        "date": "2025-09-12",
        "close": 25.549999,
        "volume": 5000,
        "typical_volume": 707.25,
        "trend": 25.077666,
        "fair_value": 22.671673,
        "relative_strength": 4.253922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.866624,
        "energy": 47.293344,
        "activity_lines": [
          25.728,
          25.718909,
          25.533595,
          25.286914
        ]
      },
      {
        "date": "2025-09-19",
        "close": 26.07,
        "volume": 1095,
        "typical_volume": 762.0,
        "trend": 25.094,
        "fair_value": 22.729429,
        "relative_strength": 6.888869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.274745,
        "energy": 50.018502,
        "activity_lines": [
          25.805333,
          25.794818,
          25.598857,
          25.350935
        ]
      },
      {
        "date": "2025-09-26",
        "close": 25.700001,
        "volume": 90,
        "typical_volume": 766.5,
        "trend": 25.098,
        "fair_value": 22.785814,
        "relative_strength": 6.762647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.357374,
        "energy": 31.427109,
        "activity_lines": [
          25.764667,
          25.791455,
          25.621262,
          25.390032
        ]
      },
      {
        "date": "2025-10-03",
        "close": 26.145,
        "volume": 25,
        "typical_volume": 767.75,
        "trend": 25.120667,
        "fair_value": 22.84359,
        "relative_strength": 3.447549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.356402,
        "energy": 47.579944,
        "activity_lines": [
          25.894667,
          25.859909,
          25.681524,
          25.457581
        ]
      },
      {
        "date": "2025-10-10",
        "close": 26.24,
        "volume": 0,
        "typical_volume": 662.3,
        "trend": 25.162333,
        "fair_value": 22.902128,
        "relative_strength": 3.85417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.568563,
        "energy": 61.824191,
        "activity_lines": [
          26.038,
          25.936636,
          25.747238,
          25.529796
        ]
      },
      {
        "date": "2025-10-17",
        "close": 26.299999,
        "volume": 200,
        "typical_volume": 672.3,
        "trend": 25.191666,
        "fair_value": 22.957679,
        "relative_strength": 2.56424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.21305,
        "energy": 69.515288,
        "activity_lines": [
          26.157666,
          26.010182,
          25.815381,
          25.603193
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.7246,
        "volume": 2200,
        "typical_volume": 782.3,
        "trend": 25.250986,
        "fair_value": 23.012094,
        "relative_strength": 4.636854,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.728501,
        "energy": 93.992752,
        "activity_lines": [
          26.368866,
          26.148382,
          25.920533,
          25.702092
        ]
      },
      {
        "date": "2025-10-31",
        "close": 26.635,
        "volume": 70,
        "typical_volume": 735.8,
        "trend": 25.373153,
        "fair_value": 23.064882,
        "relative_strength": 6.852471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.709042,
        "energy": 90.416798,
        "activity_lines": [
          26.50656,
          26.259844,
          26.011702,
          25.791384
        ]
      },
      {
        "date": "2025-11-07",
        "close": 26.4,
        "volume": 10,
        "typical_volume": 736.3,
        "trend": 25.504153,
        "fair_value": 23.111651,
        "relative_strength": 5.142384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.112649,
        "energy": 83.816695,
        "activity_lines": [
          26.503587,
          26.317669,
          26.073704,
          25.857632
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.59,
        "volume": 468,
        "typical_volume": 712.2,
        "trend": 25.618653,
        "fair_value": 23.158741,
        "relative_strength": 2.919769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.602579,
        "energy": 80.994711,
        "activity_lines": [
          26.546947,
          26.400404,
          26.145896,
          25.927686
        ]
      },
      {
        "date": "2025-11-21",
        "close": 26.23,
        "volume": 29190,
        "typical_volume": 2171.25,
        "trend": 25.690987,
        "fair_value": 23.201241,
        "relative_strength": 1.386234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.921896,
        "energy": 51.894512,
        "activity_lines": [
          26.446973,
          26.399411,
          26.175493,
          25.967128
        ]
      },
      {
        "date": "2025-11-28",
        "close": 26.469999,
        "volume": 0,
        "typical_volume": 2171.25,
        "trend": 25.757653,
        "fair_value": 23.244344,
        "relative_strength": 0.562006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.028965,
        "energy": 45.301185,
        "activity_lines": [
          26.431666,
          26.429691,
          26.222352,
          26.017387
        ]
      },
      {
        "date": "2025-12-05",
        "close": 26.74,
        "volume": 2200,
        "typical_volume": 2281.25,
        "trend": 25.823987,
        "fair_value": 23.2916,
        "relative_strength": 0.688234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.207593,
        "energy": 52.371196,
        "activity_lines": [
          26.523333,
          26.501789,
          26.289878,
          26.080764
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.719999,
        "volume": 500,
        "typical_volume": 2193.55,
        "trend": 25.86832,
        "fair_value": 23.342164,
        "relative_strength": 0.929668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.005088,
        "energy": 50.596196,
        "activity_lines": [
          26.601333,
          26.551341,
          26.348165,
          26.138571
        ]
      },
      {
        "date": "2025-12-19",
        "close": 27.09,
        "volume": 1778,
        "typical_volume": 2228.75,
        "trend": 25.919653,
        "fair_value": 23.394754,
        "relative_strength": 0.08027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.786953,
        "energy": 79.485328,
        "activity_lines": [
          26.781333,
          26.657712,
          26.436596,
          26.21739
        ]
      },
      {
        "date": "2025-12-26",
        "close": 27.004999,
        "volume": 0,
        "typical_volume": 2198.75,
        "trend": 25.967153,
        "fair_value": 23.447542,
        "relative_strength": -0.824582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.671126,
        "energy": 87.159218,
        "activity_lines": [
          26.899666,
          26.733174,
          26.509193,
          26.287412
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.955,
        "volume": 80,
        "typical_volume": 2167.75,
        "trend": 26.012987,
        "fair_value": 23.493074,
        "relative_strength": -1.257581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.028629,
        "energy": 86.365452,
        "activity_lines": [
          26.949666,
          26.786727,
          26.570385,
          26.351144
        ]
      },
      {
        "date": "2026-01-09",
        "close": 27.635,
        "volume": 304,
        "typical_volume": 2170.85,
        "trend": 26.09382,
        "fair_value": 23.539805,
        "relative_strength": -0.006302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.206412,
        "energy": 96.053447,
        "activity_lines": [
          27.194,
          26.959727,
          26.692506,
          26.45579
        ]
      },
      {
        "date": "2026-01-16",
        "close": 27.91,
        "volume": 215,
        "typical_volume": 2171.25,
        "trend": 26.199487,
        "fair_value": 23.589068,
        "relative_strength": 0.968259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.134852,
        "energy": 96.591414,
        "activity_lines": [
          27.470333,
          27.164545,
          26.833199,
          26.572963
        ]
      },
      {
        "date": "2026-01-23",
        "close": 27.629999,
        "volume": 1000,
        "typical_volume": 2221.25,
        "trend": 26.29232,
        "fair_value": 23.635414,
        "relative_strength": 1.848668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.997093,
        "energy": 89.084338,
        "activity_lines": [
          27.574,
          27.291,
          26.93751,
          26.665254
        ]
      },
      {
        "date": "2026-01-30",
        "close": 27.57,
        "volume": 0,
        "typical_volume": 1971.25,
        "trend": 26.376153,
        "fair_value": 23.676824,
        "relative_strength": 1.180371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.266019,
        "energy": 85.595277,
        "activity_lines": [
          27.621666,
          27.387636,
          27.026369,
          26.747685
        ]
      },
      {
        "date": "2026-02-06",
        "close": 27.52,
        "volume": 3270,
        "typical_volume": 2080.0,
        "trend": 26.446487,
        "fair_value": 23.719869,
        "relative_strength": -0.914357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.305673,
        "energy": 69.230878,
        "activity_lines": [
          27.615,
          27.450818,
          27.100847,
          26.821482
        ]
      },
      {
        "date": "2026-02-13",
        "close": 27.985001,
        "volume": 1630,
        "typical_volume": 2157.0,
        "trend": 26.53932,
        "fair_value": 23.762946,
        "relative_strength": -0.568245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.664538,
        "energy": 70.585207,
        "activity_lines": [
          27.725667,
          27.579455,
          27.212707,
          26.92074
        ]
      },
      {
        "date": "2026-02-20",
        "close": 28.24,
        "volume": 70,
        "typical_volume": 2159.25,
        "trend": 26.625653,
        "fair_value": 23.809132,
        "relative_strength": -1.59465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.409806,
        "energy": 73.205887,
        "activity_lines": [
          27.898,
          27.731818,
          27.33797,
          27.030462
        ]
      },
      {
        "date": "2026-02-27",
        "close": 28.629999,
        "volume": 900,
        "typical_volume": 2204.25,
        "trend": 26.731153,
        "fair_value": 23.853876,
        "relative_strength": -1.40529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.085517,
        "energy": 82.770205,
        "activity_lines": [
          28.178333,
          27.927454,
          27.490401,
          27.159774
        ]
      },
      {
        "date": "2026-03-06",
        "close": 26.799999,
        "volume": 4958,
        "typical_volume": 2442.15,
        "trend": 26.77082,
        "fair_value": 23.888908,
        "relative_strength": -1.323141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.372189,
        "energy": 44.051503,
        "activity_lines": [
          27.782,
          27.762363,
          27.457164,
          27.164216
        ]
      },
      {
        "date": "2026-03-13",
        "close": 26.645,
        "volume": 68,
        "typical_volume": 2335.55,
        "trend": 26.78732,
        "fair_value": 23.924965,
        "relative_strength": -0.065853,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 14.432263,
        "energy": 14.621977,
        "activity_lines": [
          27.385333,
          27.572818,
          27.406785,
          27.156099
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.959999,
        "volume": 522,
        "typical_volume": 2358.15,
        "trend": 26.78482,
        "fair_value": 23.957722,
        "relative_strength": 1.307837,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -23.048299,
        "energy": 35.077004,
        "activity_lines": [
          26.818666,
          27.264363,
          27.291547,
          27.102723
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.950001,
        "volume": 3358,
        "typical_volume": 2525.55,
        "trend": 26.787486,
        "fair_value": 23.985222,
        "relative_strength": -0.850928,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.450701,
        "energy": 49.489169,
        "activity_lines": [
          26.383667,
          26.984545,
          27.178571,
          27.048864
        ]
      },
      {
        "date": "2026-04-03",
        "close": 26.594999,
        "volume": 0,
        "typical_volume": 2502.15,
        "trend": 26.821153,
        "fair_value": 24.017658,
        "relative_strength": -1.678792,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.377043,
        "energy": 42.359042,
        "activity_lines": [
          26.316333,
          26.857636,
          27.129166,
          27.036445
        ]
      },
      {
        "date": "2026-04-10",
        "close": 27.344999,
        "volume": 0,
        "typical_volume": 1042.65,
        "trend": 26.880986,
        "fair_value": 24.052145,
        "relative_strength": -0.518709,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -13.574081,
        "energy": 29.030991,
        "activity_lines": [
          26.634666,
          26.885909,
          27.151166,
          27.070242
        ]
      },
      {
        "date": "2026-04-17",
        "close": 27.805,
        "volume": 135,
        "typical_volume": 1049.4,
        "trend": 26.93882,
        "fair_value": 24.090158,
        "relative_strength": -0.75723,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 40.331482,
        "energy": 17.65185,
        "activity_lines": [
          27.07,
          27.001909,
          27.211666,
          27.129856
        ]
      },
      {
        "date": "2026-04-24",
        "close": 27.379999,
        "volume": 67,
        "typical_volume": 942.75,
        "trend": 26.99482,
        "fair_value": 24.127593,
        "relative_strength": -0.425939,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 36.574047,
        "energy": 27.941493,
        "activity_lines": [
          27.286333,
          27.035454,
          27.225333,
          27.158319
        ]
      },
      {
        "date": "2026-05-01",
        "close": 26.950001,
        "volume": 2338,
        "typical_volume": 1034.65,
        "trend": 27.021653,
        "fair_value": 24.162113,
        "relative_strength": -1.789729,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.534219,
        "energy": 20.902697,
        "activity_lines": [
          27.264667,
          27.001818,
          27.195,
          27.155427
        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.690001,
        "volume": 3051,
        "typical_volume": 1098.3,
        "trend": 27.069986,
        "fair_value": 24.201247,
        "relative_strength": 1.119991,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.786805,
        "energy": 31.84263,
        "activity_lines": [
          27.423,
          27.126182,
          27.234047,
          27.198546
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.485001,
        "volume": 738,
        "typical_volume": 1135.2,
        "trend": 27.109486,
        "fair_value": 24.237401,
        "relative_strength": -0.55513,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.173097,
        "energy": 24.589713,
        "activity_lines": [
          27.440001,
          27.230364,
          27.250714,
          27.225322
        ]
      },
      {
        "date": "2026-05-22",
        "close": 27.905001,
        "volume": 2770,
        "typical_volume": 1269.7,
        "trend": 27.148833,
        "fair_value": 24.278106,
        "relative_strength": -1.126405,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 61.126916,
        "energy": 36.904474,
        "activity_lines": [
          27.587668,
          27.398455,
          27.305095,
          27.276645
        ]
      },
      {
        "date": "2026-05-29",
        "close": 28.459999,
        "volume": 8,
        "typical_volume": 1254.9,
        "trend": 27.209667,
        "fair_value": 24.323203,
        "relative_strength": 0.537602,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.592912,
        "energy": 61.418143,
        "activity_lines": [
          27.913667,
          27.644546,
          27.40781,
          27.361236
        ]
      },
      {
        "date": "2026-06-05",
        "close": 28.4,
        "volume": 0,
        "typical_volume": 1244.15,
        "trend": 27.276333,
        "fair_value": 24.368138,
        "relative_strength": 1.433682,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.840415,
        "energy": 73.48285,
        "activity_lines": [
          28.147667,
          27.834273,
          27.500881,
          27.438032
        ]
      },
      {
        "date": "2026-06-12",
        "close": 28.389999,
        "volume": 0,
        "typical_volume": 1194.15,
        "trend": 27.336333,
        "fair_value": 24.409901,
        "relative_strength": -0.963389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.552749,
        "energy": 76.759461,
        "activity_lines": [
          28.281666,
          27.977636,
          27.590667,
          27.509882
        ]
      },
      {
        "date": "2026-06-19",
        "close": 28.915001,
        "volume": 0,
        "typical_volume": 1194.15,
        "trend": 27.425833,
        "fair_value": 24.458683,
        "relative_strength": 0.370668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.590988,
        "energy": 85.863524,
        "activity_lines": [
          28.544,
          28.183818,
          27.726833,
          27.611731
        ]
      },
      {
        "date": "2026-06-26",
        "close": 28.594999,
        "volume": 1,
        "typical_volume": 1030.7,
        "trend": 27.496666,
        "fair_value": 24.501504,
        "relative_strength": -3.482525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.549735,
        "energy": 82.045679,
        "activity_lines": [
          28.604333,
          28.303273,
          27.826119,
          27.687161
        ]
      },
      {
        "date": "2026-07-03",
        "close": 28.895,
        "volume": 0,
        "typical_volume": 949.2,
        "trend": 27.5685,
        "fair_value": 24.549805,
        "relative_strength": -4.091686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.042462,
        "energy": 86.338905,
        "activity_lines": [
          28.718666,
          28.462909,
          27.948857,
          27.777376
        ]
      },
      {
        "date": "2026-07-10",
        "close": 28.450001,
        "volume": 0,
        "typical_volume": 945.7,
        "trend": 27.626167,
        "fair_value": 24.590767,
        "relative_strength": -4.199279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.000007,
        "energy": 79.143029,
        "activity_lines": [
          28.655667,
          28.514091,
          28.024881,
          27.834247
        ]
      },
      {
        "date": "2026-07-17",
        "close": 28.450001,
        "volume": 0,
        "typical_volume": 900.7,
        "trend": 27.6715,
        "fair_value": 24.632017,
        "relative_strength": -4.819793,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.812539,
        "energy": 63.163562,
        "activity_lines": [
          28.589334,
          28.538,
          28.099905,
          27.887398
        ]
      },
      {
        "date": "2026-07-24",
        "close": 28.34,
        "volume": 0,
        "typical_volume": 652.8,
        "trend": 27.716,
        "fair_value": 24.669549,
        "relative_strength": -4.931786,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.135259,
        "energy": 45.568514,
        "activity_lines": [
          28.482334,
          28.528091,
          28.16531,
          27.930527
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.455,
        "volume": 0,
        "typical_volume": 649.4,
        "trend": 27.766,
        "fair_value": 24.712049,
        "relative_strength": -4.523753,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.096188,
        "energy": 36.552128,
        "activity_lines": [
          28.452,
          28.523546,
          28.234333,
          27.978204
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.040001,
        "volume": 0,
        "typical_volume": 623.3,
        "trend": 27.812833,
        "fair_value": 24.75926,
        "relative_strength": -3.748547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.593303,
        "energy": 61.004252,
        "activity_lines": [
          28.626001,
          28.615364,
          28.350453,
          28.060398
        ]
      }
    ],
    "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."
    }
  }
}