{
  "ticker": {
    "uuid": "c255f8db-add6-46fe-be19-cd0f7bc82cef",
    "symbol": "XD9U",
    "name": "Xtrackers MSCI USA UCITS ETF 1C",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.38,
    "architecture_energy": 60.786,
    "architecture_maturity": 58.341,
    "architecture_confidence": 73.849,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 31.7,
        "rotation_up": 53.55,
        "upward_expansion": 80.27,
        "deceleration": 67.47,
        "rotation_down": 27.35,
        "downward_expansion": 9.27
      },
      "activity_lines": [
        223.329333,
        222.128092,
        220.03862,
        215.661377
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 229.419998,
    "trend_reference": 210.685667,
    "distance_from_trend": 0.088921,
    "trend_direction": "Improving",
    "fair_value": 172.471507,
    "distance_from_fair_value": 0.330191,
    "fair_value_direction": "Improving",
    "relative_strength": 3.30815,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.131765,
    "excess_performance": 0.080529,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088921,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.034666,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.330191,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.007644,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.033082,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.020635,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.131765,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.889652,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 88330,
      "relative_activity": 1.076963,
      "balance": 1.889652,
      "dry_up": 1.119572,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.019668,
      "annualized_volatility": 0.130675,
      "from_high_reference": -0.002955,
      "from_low_reference": 0.231851
    },
    "levels": {
      "trend_reference": 210.685667,
      "fair_value_reference": 172.471507,
      "structural_low": 187.619995,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.016124,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.007534,
        "regime_survival": 0.8,
        "best_return": 0.063759,
        "worst_return": -0.091151,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.045803,
        "positive_rate": 0.785714,
        "directional_follow_through": 0.785714,
        "median_excess_return": 0.000548,
        "regime_survival": 0.642857,
        "best_return": 0.133333,
        "worst_return": -0.079656,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.092882,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.028018,
        "regime_survival": 0.625,
        "best_return": 0.170818,
        "worst_return": -0.164876,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.170373,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.022226,
        "regime_survival": 0.5,
        "best_return": 0.293014,
        "worst_return": -0.111482,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.010735,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.100923,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.052821,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.030607,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-07",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.011882,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.084378,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.132237,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.015528,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.044428,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2026-02-13",
        "tenure": "Extended",
        "return": 0.089877,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.047607,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.065669,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.016986,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.054611,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 124.480003,
        "volume": 33961,
        "typical_volume": 64529.85,
        "trend": 119.990833,
        "fair_value": 116.264327,
        "relative_strength": 11.585358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.278678,
        "energy": 45.862294,
        "activity_lines": [
          127.398002,
          127.701819,
          125.354286,
          122.896795
        ]
      },
      {
        "date": "2023-08-25",
        "close": 125.209999,
        "volume": 67845,
        "typical_volume": 66992.8,
        "trend": 120.321499,
        "fair_value": 116.440417,
        "relative_strength": 10.878273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.31497,
        "energy": 27.992139,
        "activity_lines": [
          126.339334,
          127.31491,
          125.575357,
          123.233516
        ]
      },
      {
        "date": "2023-09-01",
        "close": 129.154999,
        "volume": 24184,
        "typical_volume": 65775.05,
        "trend": 120.670333,
        "fair_value": 116.66641,
        "relative_strength": 12.197268,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.518676,
        "energy": 29.256907,
        "activity_lines": [
          126.912334,
          127.659455,
          126.127762,
          123.803419
        ]
      },
      {
        "date": "2023-09-08",
        "close": 127.989998,
        "volume": 88425,
        "typical_volume": 68188.55,
        "trend": 121.083666,
        "fair_value": 116.88625,
        "relative_strength": 10.77193,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.50374,
        "energy": 26.312517,
        "activity_lines": [
          127.220666,
          127.694273,
          126.512285,
          124.275655
        ]
      },
      {
        "date": "2023-09-15",
        "close": 127.760002,
        "volume": 44676,
        "typical_volume": 57890.8,
        "trend": 121.507333,
        "fair_value": 117.105929,
        "relative_strength": 7.027571,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.896815,
        "energy": 32.502386,
        "activity_lines": [
          127.541667,
          127.661273,
          126.823571,
          124.706387
        ]
      },
      {
        "date": "2023-09-22",
        "close": 124.589996,
        "volume": 85684,
        "typical_volume": 58540.6,
        "trend": 121.911666,
        "fair_value": 117.3175,
        "relative_strength": 4.568343,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.328281,
        "energy": 25.742272,
        "activity_lines": [
          126.765332,
          127.017727,
          126.785047,
          124.905268
        ]
      },
      {
        "date": "2023-09-29",
        "close": 123.489998,
        "volume": 56138,
        "typical_volume": 58311.6,
        "trend": 122.224999,
        "fair_value": 117.504327,
        "relative_strength": 4.522305,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.5565,
        "energy": 9.711597,
        "activity_lines": [
          125.614998,
          126.258908,
          126.605309,
          125.007096
        ]
      },
      {
        "date": "2023-10-06",
        "close": 122.650002,
        "volume": 39496,
        "typical_volume": 57868.35,
        "trend": 122.591666,
        "fair_value": 117.665481,
        "relative_strength": 5.18504,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.250416,
        "energy": 17.062067,
        "activity_lines": [
          124.299333,
          125.465,
          126.314071,
          125.034516
        ]
      },
      {
        "date": "2023-10-13",
        "close": 124.230003,
        "volume": 46597,
        "typical_volume": 57956.85,
        "trend": 123.021666,
        "fair_value": 117.830705,
        "relative_strength": 4.886863,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.964461,
        "energy": 21.441247,
        "activity_lines": [
          123.944001,
          125.110364,
          126.156167,
          125.140215
        ]
      },
      {
        "date": "2023-10-20",
        "close": 121.199997,
        "volume": 25398,
        "typical_volume": 57529.4,
        "trend": 123.334666,
        "fair_value": 117.985609,
        "relative_strength": 4.872899,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.3846,
        "energy": 42.179693,
        "activity_lines": [
          122.829333,
          124.297545,
          125.685928,
          125.022688
        ]
      },
      {
        "date": "2023-10-27",
        "close": 118.529999,
        "volume": 72462,
        "typical_volume": 55827.45,
        "trend": 123.419333,
        "fair_value": 118.155801,
        "relative_strength": 4.021159,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.123002,
        "energy": 59.211894,
        "activity_lines": [
          121.262,
          123.107454,
          124.964571,
          124.712709
        ]
      },
      {
        "date": "2023-11-03",
        "close": 125.089996,
        "volume": 108840,
        "typical_volume": 58520.45,
        "trend": 123.725999,
        "fair_value": 118.324198,
        "relative_strength": 7.577646,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.031478,
        "energy": 27.289478,
        "activity_lines": [
          122.285332,
          123.218272,
          124.886547,
          124.820494
        ]
      },
      {
        "date": "2023-11-10",
        "close": 125.324997,
        "volume": 148036,
        "typical_volume": 61292.1,
        "trend": 123.996833,
        "fair_value": 118.486122,
        "relative_strength": 8.381208,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.634417,
        "energy": 18.666943,
        "activity_lines": [
          123.280331,
          123.373998,
          124.83519,
          124.923655
        ]
      },
      {
        "date": "2023-11-17",
        "close": 129.190002,
        "volume": 46087,
        "typical_volume": 61461.25,
        "trend": 124.396166,
        "fair_value": 118.6675,
        "relative_strength": 9.30654,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.563242,
        "energy": 15.225363,
        "activity_lines": [
          125.385332,
          124.30209,
          125.144523,
          125.258698
        ]
      },
      {
        "date": "2023-11-24",
        "close": 130.770004,
        "volume": 69111,
        "typical_volume": 62469.95,
        "trend": 124.831833,
        "fair_value": 118.845897,
        "relative_strength": 10.573526,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 52.366456,
        "energy": 41.740345,
        "activity_lines": [
          127.686334,
          125.495636,
          125.591809,
          125.669914
        ]
      },
      {
        "date": "2023-12-01",
        "close": 131.690002,
        "volume": 70999,
        "typical_volume": 64407.4,
        "trend": 125.323666,
        "fair_value": 119.020737,
        "relative_strength": 10.427018,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 66.231466,
        "energy": 67.55587,
        "activity_lines": [
          129.656001,
          126.801728,
          126.103429,
          126.112376
        ]
      },
      {
        "date": "2023-12-08",
        "close": 132.070007,
        "volume": 63409,
        "typical_volume": 65445.75,
        "trend": 125.830167,
        "fair_value": 119.204904,
        "relative_strength": 10.045344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.228078,
        "energy": 80.142211,
        "activity_lines": [
          130.875004,
          128.04782,
          126.63962,
          126.547624
        ]
      },
      {
        "date": "2023-12-15",
        "close": 136.110001,
        "volume": 65733,
        "typical_volume": 67102.65,
        "trend": 126.398833,
        "fair_value": 119.402949,
        "relative_strength": 12.654315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.245561,
        "energy": 88.858169,
        "activity_lines": [
          132.975337,
          129.872456,
          127.550525,
          127.210839
        ]
      },
      {
        "date": "2023-12-22",
        "close": 136.830002,
        "volume": 126692,
        "typical_volume": 67711.85,
        "trend": 126.985167,
        "fair_value": 119.604615,
        "relative_strength": 11.027718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.115607,
        "energy": 91.391577,
        "activity_lines": [
          134.59667,
          131.583275,
          128.505715,
          127.883818
        ]
      },
      {
        "date": "2023-12-29",
        "close": 137.979996,
        "volume": 35105,
        "typical_volume": 65943.9,
        "trend": 127.522333,
        "fair_value": 119.808846,
        "relative_strength": 10.999686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.821175,
        "energy": 92.619202,
        "activity_lines": [
          136.092,
          133.274092,
          129.534715,
          128.593162
        ]
      },
      {
        "date": "2024-01-05",
        "close": 135.589996,
        "volume": 57762,
        "typical_volume": 67133.95,
        "trend": 127.961,
        "fair_value": 119.983077,
        "relative_strength": 9.245244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.648232,
        "energy": 86.440646,
        "activity_lines": [
          136.309999,
          134.225273,
          130.284524,
          129.113656
        ]
      },
      {
        "date": "2024-01-12",
        "close": 137.789993,
        "volume": 41530,
        "typical_volume": 65818.2,
        "trend": 128.354333,
        "fair_value": 120.177692,
        "relative_strength": 11.462473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.355677,
        "energy": 85.396628,
        "activity_lines": [
          137.001329,
          135.266272,
          131.190952,
          129.747785
        ]
      },
      {
        "date": "2024-01-19",
        "close": 138.289993,
        "volume": 48146,
        "typical_volume": 67016.3,
        "trend": 128.838333,
        "fair_value": 120.363846,
        "relative_strength": 13.743686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.538177,
        "energy": 78.49835,
        "activity_lines": [
          137.477995,
          136.16727,
          132.085094,
          130.388795
        ]
      },
      {
        "date": "2024-01-26",
        "close": 141.190002,
        "volume": 63059,
        "typical_volume": 65748.0,
        "trend": 129.326,
        "fair_value": 120.588269,
        "relative_strength": 13.008391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.393728,
        "energy": 78.12117,
        "activity_lines": [
          138.775997,
          137.359816,
          133.211928,
          131.185677
        ]
      },
      {
        "date": "2024-02-02",
        "close": 142.470001,
        "volume": 43973,
        "typical_volume": 65712.85,
        "trend": 129.879,
        "fair_value": 120.792019,
        "relative_strength": 13.833111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.8957,
        "energy": 92.397268,
        "activity_lines": [
          140.209998,
          138.566907,
          134.397809,
          132.033677
        ]
      },
      {
        "date": "2024-02-09",
        "close": 144.460007,
        "volume": 33831,
        "typical_volume": 63120.2,
        "trend": 130.386,
        "fair_value": 120.999904,
        "relative_strength": 15.480745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.706169,
        "energy": 93.726519,
        "activity_lines": [
          142.008002,
          139.923091,
          135.703167,
          132.974387
        ]
      },
      {
        "date": "2024-02-16",
        "close": 145.100006,
        "volume": 59981,
        "typical_volume": 63312.35,
        "trend": 130.890667,
        "fair_value": 121.210801,
        "relative_strength": 13.314154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.130652,
        "energy": 93.774166,
        "activity_lines": [
          143.428004,
          141.163455,
          136.974858,
          133.923678
        ]
      },
      {
        "date": "2024-02-23",
        "close": 146.800003,
        "volume": 71701,
        "typical_volume": 64922.6,
        "trend": 131.417,
        "fair_value": 121.452083,
        "relative_strength": 14.091088,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.657837,
        "energy": 93.578858,
        "activity_lines": [
          144.927338,
          142.476001,
          138.305548,
          134.950086
        ]
      },
      {
        "date": "2024-03-01",
        "close": 147.520004,
        "volume": 96021,
        "typical_volume": 67393.8,
        "trend": 132.023334,
        "fair_value": 121.719775,
        "relative_strength": 14.367512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.372784,
        "energy": 89.126758,
        "activity_lines": [
          146.099338,
          143.725093,
          139.589811,
          135.98899
        ]
      },
      {
        "date": "2024-03-08",
        "close": 148.75,
        "volume": 41867,
        "typical_volume": 68217.25,
        "trend": 132.743334,
        "fair_value": 121.960545,
        "relative_strength": 15.004363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.382262,
        "energy": 81.511695,
        "activity_lines": [
          147.259336,
          145.003457,
          140.880311,
          137.06813
        ]
      },
      {
        "date": "2024-03-15",
        "close": 147.509995,
        "volume": 35118,
        "typical_volume": 66350.05,
        "trend": 133.511,
        "fair_value": 122.193974,
        "relative_strength": 12.545089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.150154,
        "energy": 67.882001,
        "activity_lines": [
          147.587333,
          145.860547,
          141.921524,
          138.020818
        ]
      },
      {
        "date": "2024-03-22",
        "close": 150.929993,
        "volume": 36325,
        "typical_volume": 62724.3,
        "trend": 134.368333,
        "fair_value": 122.447564,
        "relative_strength": 11.701643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.516725,
        "energy": 72.955257,
        "activity_lines": [
          148.851997,
          147.122727,
          143.150452,
          139.144624
        ]
      },
      {
        "date": "2024-03-29",
        "close": 151.550003,
        "volume": 57199,
        "typical_volume": 58182.45,
        "trend": 135.114833,
        "fair_value": 122.691634,
        "relative_strength": 11.369439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.573402,
        "energy": 71.883603,
        "activity_lines": [
          149.934665,
          148.258728,
          144.315381,
          140.253118
        ]
      },
      {
        "date": "2024-04-05",
        "close": 149.979996,
        "volume": 24765,
        "typical_volume": 57116.35,
        "trend": 135.847833,
        "fair_value": 122.907948,
        "relative_strength": 10.298082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.336512,
        "energy": 66.33162,
        "activity_lines": [
          150.177331,
          148.868181,
          145.205904,
          141.212161
        ]
      },
      {
        "date": "2024-04-12",
        "close": 148.809998,
        "volume": 713104,
        "typical_volume": 89316.0,
        "trend": 136.5495,
        "fair_value": 123.103173,
        "relative_strength": 7.833253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.618826,
        "energy": 65.089289,
        "activity_lines": [
          149.865998,
          149.10509,
          145.885999,
          142.04843
        ]
      },
      {
        "date": "2024-04-19",
        "close": 143.940002,
        "volume": 112404,
        "typical_volume": 91386.25,
        "trend": 137.1945,
        "fair_value": 123.26673,
        "relative_strength": 5.220417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.579982,
        "energy": 48.697268,
        "activity_lines": [
          147.927333,
          148.341272,
          146.016381,
          142.525236
        ]
      },
      {
        "date": "2024-04-26",
        "close": 147.139999,
        "volume": 116893,
        "typical_volume": 94060.45,
        "trend": 137.982833,
        "fair_value": 123.449904,
        "relative_strength": 3.976376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.056747,
        "energy": 35.031845,
        "activity_lines": [
          147.293333,
          148.168726,
          146.39319,
          143.166882
        ]
      },
      {
        "date": "2024-05-03",
        "close": 147.869995,
        "volume": 112689,
        "typical_volume": 96408.25,
        "trend": 138.8235,
        "fair_value": 123.630929,
        "relative_strength": 3.215523,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.102579,
        "energy": 26.424769,
        "activity_lines": [
          147.155331,
          148.091816,
          146.767761,
          143.804763
        ]
      },
      {
        "date": "2024-05-10",
        "close": 150.710007,
        "volume": 38563,
        "typical_volume": 92001.8,
        "trend": 139.706167,
        "fair_value": 123.843173,
        "relative_strength": 2.134934,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.827365,
        "energy": 34.434076,
        "activity_lines": [
          148.209334,
          148.511818,
          147.356809,
          144.571634
        ]
      },
      {
        "date": "2024-05-17",
        "close": 153.059998,
        "volume": 75668,
        "typical_volume": 94029.95,
        "trend": 140.768167,
        "fair_value": 124.068077,
        "relative_strength": 3.571655,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 77.013187,
        "energy": 55.238814,
        "activity_lines": [
          149.998,
          149.30109,
          148.103571,
          145.433172
        ]
      },
      {
        "date": "2024-05-24",
        "close": 153.360001,
        "volume": 44382,
        "typical_volume": 93360.95,
        "trend": 141.929167,
        "fair_value": 124.286154,
        "relative_strength": 4.734155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.981946,
        "energy": 66.922981,
        "activity_lines": [
          151.603334,
          150.066545,
          148.807095,
          146.245548
        ]
      },
      {
        "date": "2024-05-31",
        "close": 150.350006,
        "volume": 68607,
        "typical_volume": 94714.8,
        "trend": 142.771167,
        "fair_value": 124.483429,
        "relative_strength": 2.960453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.210905,
        "energy": 60.440616,
        "activity_lines": [
          151.577336,
          150.178365,
          149.139334,
          146.788828
        ]
      },
      {
        "date": "2024-06-07",
        "close": 154.630005,
        "volume": 63446,
        "typical_volume": 95479.8,
        "trend": 143.748001,
        "fair_value": 124.703622,
        "relative_strength": 5.980532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.784563,
        "energy": 73.257263,
        "activity_lines": [
          152.764004,
          151.078911,
          149.819382,
          147.553915
        ]
      },
      {
        "date": "2024-06-14",
        "close": 156.399994,
        "volume": 56669,
        "typical_volume": 95160.3,
        "trend": 144.655,
        "fair_value": 124.944134,
        "relative_strength": 8.170807,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.678351,
        "energy": 69.246791,
        "activity_lines": [
          154.090001,
          152.245273,
          150.590191,
          148.370172
        ]
      },
      {
        "date": "2024-06-21",
        "close": 157.660004,
        "volume": 581774,
        "typical_volume": 122050.35,
        "trend": 145.551334,
        "fair_value": 125.173974,
        "relative_strength": 7.542967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.479661,
        "energy": 67.576978,
        "activity_lines": [
          155.456668,
          153.524001,
          151.408572,
          149.209205
        ]
      },
      {
        "date": "2024-06-28",
        "close": 158.889999,
        "volume": 63370,
        "typical_volume": 123527.3,
        "trend": 146.458,
        "fair_value": 125.401506,
        "relative_strength": 9.045846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.233538,
        "energy": 82.552497,
        "activity_lines": [
          156.926667,
          154.865456,
          152.271762,
          150.069764
        ]
      },
      {
        "date": "2024-07-05",
        "close": 160.25,
        "volume": 58572,
        "typical_volume": 123456.85,
        "trend": 147.397333,
        "fair_value": 125.63266,
        "relative_strength": 9.188342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.576528,
        "energy": 86.002814,
        "activity_lines": [
          158.481333,
          156.182365,
          153.195762,
          150.95957
        ]
      },
      {
        "date": "2024-07-12",
        "close": 162.809998,
        "volume": 108951,
        "typical_volume": 125319.35,
        "trend": 148.287333,
        "fair_value": 125.883558,
        "relative_strength": 9.996981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.607463,
        "energy": 91.131165,
        "activity_lines": [
          160.229333,
          157.726364,
          154.291429,
          151.953936
        ]
      },
      {
        "date": "2024-07-19",
        "close": 159.315002,
        "volume": 130124,
        "typical_volume": 127024.5,
        "trend": 149.036833,
        "fair_value": 126.099711,
        "relative_strength": 8.618458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.012931,
        "energy": 79.289482,
        "activity_lines": [
          160.267,
          158.363273,
          154.978,
          152.665398
        ]
      },
      {
        "date": "2024-07-26",
        "close": 157.509995,
        "volume": 187080,
        "typical_volume": 134285.15,
        "trend": 149.687833,
        "fair_value": 126.305801,
        "relative_strength": 5.479292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.918557,
        "energy": 57.752603,
        "activity_lines": [
          159.508665,
          158.515545,
          155.4365,
          153.212054
        ]
      },
      {
        "date": "2024-08-02",
        "close": 153.660004,
        "volume": 104794,
        "typical_volume": 137768.95,
        "trend": 150.290167,
        "fair_value": 126.480545,
        "relative_strength": 4.109485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.98752,
        "energy": 36.775516,
        "activity_lines": [
          157.477,
          157.886909,
          155.486619,
          153.468323
        ]
      },
      {
        "date": "2024-08-09",
        "close": 154.070007,
        "volume": 156715,
        "typical_volume": 143788.45,
        "trend": 150.832834,
        "fair_value": 126.65282,
        "relative_strength": 4.253581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.955053,
        "energy": 23.350717,
        "activity_lines": [
          155.930669,
          157.327365,
          155.546501,
          153.712184
        ]
      },
      {
        "date": "2024-08-16",
        "close": 160.229996,
        "volume": 154751,
        "typical_volume": 148666.05,
        "trend": 151.564167,
        "fair_value": 126.87157,
        "relative_strength": 6.310888,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.866001,
        "energy": 26.01639,
        "activity_lines": [
          156.849667,
          157.820182,
          156.178096,
          154.318452
        ]
      },
      {
        "date": "2024-08-23",
        "close": 162.949997,
        "volume": 99919,
        "typical_volume": 152423.75,
        "trend": 152.289501,
        "fair_value": 127.09375,
        "relative_strength": 7.616771,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.259746,
        "energy": 36.721435,
        "activity_lines": [
          158.847333,
          158.705727,
          157.027405,
          155.053022
        ]
      },
      {
        "date": "2024-08-30",
        "close": 161.949997,
        "volume": 71879,
        "typical_volume": 120362.5,
        "trend": 152.938834,
        "fair_value": 127.303109,
        "relative_strength": 6.105309,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.891578,
        "energy": 46.052457,
        "activity_lines": [
          160.269332,
          159.290363,
          157.719714,
          155.67628
        ]
      },
      {
        "date": "2024-09-06",
        "close": 157.050003,
        "volume": 176973,
        "typical_volume": 123590.95,
        "trend": 153.3585,
        "fair_value": 127.490994,
        "relative_strength": 5.117808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.543296,
        "energy": 41.715476,
        "activity_lines": [
          159.762,
          158.906091,
          157.882786,
          155.941516
        ]
      },
      {
        "date": "2024-09-13",
        "close": 162.990005,
        "volume": 113398,
        "typical_volume": 123416.2,
        "trend": 153.954834,
        "fair_value": 127.723109,
        "relative_strength": 7.530888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.214877,
        "energy": 55.833032,
        "activity_lines": [
          161.008668,
          159.635274,
          158.549143,
          156.562904
        ]
      },
      {
        "date": "2024-09-20",
        "close": 164.839996,
        "volume": 103373,
        "typical_volume": 122950.4,
        "trend": 154.556167,
        "fair_value": 127.967917,
        "relative_strength": 8.884935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.489056,
        "energy": 59.521396,
        "activity_lines": [
          162.277333,
          160.651,
          159.316214,
          157.265172
        ]
      },
      {
        "date": "2024-09-27",
        "close": 166.580002,
        "volume": 180240,
        "typical_volume": 130034.25,
        "trend": 155.1915,
        "fair_value": 128.246506,
        "relative_strength": 8.404224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.604291,
        "energy": 60.308027,
        "activity_lines": [
          163.818667,
          161.946182,
          160.168191,
          158.040904
        ]
      },
      {
        "date": "2024-10-04",
        "close": 165.509995,
        "volume": 185687,
        "typical_volume": 135535.2,
        "trend": 155.750166,
        "fair_value": 128.502949,
        "relative_strength": 7.824056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.081206,
        "energy": 69.277514,
        "activity_lines": [
          164.761332,
          162.914727,
          160.84269,
          158.706613
        ]
      },
      {
        "date": "2024-10-11",
        "close": 168.75,
        "volume": 109424,
        "typical_volume": 138787.3,
        "trend": 156.458167,
        "fair_value": 128.767404,
        "relative_strength": 9.826137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.092999,
        "energy": 74.978974,
        "activity_lines": [
          166.546666,
          164.326908,
          161.766476,
          159.545312
        ]
      },
      {
        "date": "2024-10-18",
        "close": 170.229996,
        "volume": 137360,
        "typical_volume": 142224.95,
        "trend": 157.1015,
        "fair_value": 129.029455,
        "relative_strength": 8.953483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.722569,
        "energy": 79.524048,
        "activity_lines": [
          168.045331,
          165.733817,
          162.757928,
          160.433817
        ]
      },
      {
        "date": "2024-10-25",
        "close": 169.699997,
        "volume": 162420,
        "typical_volume": 147173.65,
        "trend": 157.7065,
        "fair_value": 129.277724,
        "relative_strength": 9.569535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.385144,
        "energy": 77.422205,
        "activity_lines": [
          168.884664,
          166.750544,
          163.604237,
          161.246623
        ]
      },
      {
        "date": "2024-11-01",
        "close": 167.289993,
        "volume": 142120,
        "typical_volume": 151446.2,
        "trend": 158.2835,
        "fair_value": 129.490224,
        "relative_strength": 8.559586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.108128,
        "energy": 70.455192,
        "activity_lines": [
          168.596662,
          167.156906,
          164.14926,
          161.864913
        ]
      },
      {
        "date": "2024-11-08",
        "close": 174.339996,
        "volume": 165119,
        "typical_volume": 130613.45,
        "trend": 159.1345,
        "fair_value": 129.752628,
        "relative_strength": 14.071279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.454835,
        "energy": 80.316991,
        "activity_lines": [
          170.611329,
          168.766179,
          165.313855,
          162.900816
        ]
      },
      {
        "date": "2024-11-15",
        "close": 171.199997,
        "volume": 142192,
        "typical_volume": 134554.55,
        "trend": 160.043166,
        "fair_value": 129.988974,
        "relative_strength": 11.683463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.547231,
        "energy": 67.261575,
        "activity_lines": [
          170.990663,
          169.579269,
          166.099974,
          163.679235
        ]
      },
      {
        "date": "2024-11-22",
        "close": 173.779999,
        "volume": 127096,
        "typical_volume": 137980.75,
        "trend": 160.931166,
        "fair_value": 130.263846,
        "relative_strength": 10.244746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.308647,
        "energy": 66.891537,
        "activity_lines": [
          172.066664,
          170.604179,
          167.073189,
          164.565483
        ]
      },
      {
        "date": "2024-11-29",
        "close": 176.070007,
        "volume": 155112,
        "typical_volume": 140288.8,
        "trend": 161.871167,
        "fair_value": 130.567628,
        "relative_strength": 10.937895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.749488,
        "energy": 79.317771,
        "activity_lines": [
          173.669334,
          171.849271,
          168.20007,
          165.542182
        ]
      },
      {
        "date": "2024-12-06",
        "close": 177.990005,
        "volume": 523739,
        "typical_volume": 159969.55,
        "trend": 162.7805,
        "fair_value": 130.857179,
        "relative_strength": 11.419315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.771327,
        "energy": 86.601045,
        "activity_lines": [
          175.487336,
          173.239273,
          169.446666,
          166.582107
        ]
      },
      {
        "date": "2024-12-13",
        "close": 176.690002,
        "volume": 234547,
        "typical_volume": 162342.9,
        "trend": 163.568167,
        "fair_value": 131.142981,
        "relative_strength": 10.349453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.57747,
        "energy": 86.380118,
        "activity_lines": [
          176.15867,
          174.185455,
          170.480523,
          167.479494
        ]
      },
      {
        "date": "2024-12-20",
        "close": 173.570007,
        "volume": 190411,
        "typical_volume": 166623.75,
        "trend": 164.241833,
        "fair_value": 131.393942,
        "relative_strength": 10.884811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.977365,
        "energy": 66.012426,
        "activity_lines": [
          175.633338,
          174.361093,
          171.125905,
          168.124774
        ]
      },
      {
        "date": "2024-12-27",
        "close": 173.970001,
        "volume": 44279,
        "typical_volume": 161001.95,
        "trend": 165.029167,
        "fair_value": 131.642019,
        "relative_strength": 9.86883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.540809,
        "energy": 54.113581,
        "activity_lines": [
          175.083337,
          174.52182,
          171.714572,
          168.752398
        ]
      },
      {
        "date": "2025-01-03",
        "close": 172.899994,
        "volume": 76588,
        "typical_volume": 157093.8,
        "trend": 165.638166,
        "fair_value": 131.903365,
        "relative_strength": 7.845932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.486172,
        "energy": 38.378551,
        "activity_lines": [
          174.164,
          174.420001,
          172.106571,
          169.260193
        ]
      },
      {
        "date": "2025-01-10",
        "close": 169.820007,
        "volume": 270062,
        "typical_volume": 165600.95,
        "trend": 166.0855,
        "fair_value": 132.153686,
        "relative_strength": 5.348605,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.98556,
        "energy": 23.674348,
        "activity_lines": [
          172.429335,
          173.700002,
          172.144905,
          169.529989
        ]
      },
      {
        "date": "2025-01-17",
        "close": 175.5,
        "volume": 187567,
        "typical_volume": 171385.35,
        "trend": 166.680167,
        "fair_value": 132.467147,
        "relative_strength": 5.368372,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.60677,
        "energy": 25.379258,
        "activity_lines": [
          173.132668,
          173.966729,
          172.691477,
          170.137377
        ]
      },
      {
        "date": "2025-01-24",
        "close": 178.940002,
        "volume": 104967,
        "typical_volume": 167785.05,
        "trend": 167.3485,
        "fair_value": 132.826122,
        "relative_strength": 7.20027,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.664493,
        "energy": 39.718717,
        "activity_lines": [
          175.062001,
          174.83782,
          173.501144,
          170.928334
        ]
      },
      {
        "date": "2025-01-31",
        "close": 178.789993,
        "volume": 151170,
        "typical_volume": 169673.65,
        "trend": 167.9665,
        "fair_value": 133.163846,
        "relative_strength": 4.795935,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.7815,
        "energy": 44.906263,
        "activity_lines": [
          176.583332,
          175.540909,
          174.192286,
          171.666495
        ]
      },
      {
        "date": "2025-02-07",
        "close": 176.919998,
        "volume": 202449,
        "typical_volume": 174627.45,
        "trend": 168.436833,
        "fair_value": 133.484872,
        "relative_strength": 3.257024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.220338,
        "energy": 49.708923,
        "activity_lines": [
          177.159998,
          175.812909,
          174.630095,
          172.24414
        ]
      },
      {
        "date": "2025-02-14",
        "close": 178.910004,
        "volume": 79016,
        "typical_volume": 169566.25,
        "trend": 169.09,
        "fair_value": 133.84359,
        "relative_strength": 3.866211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.628953,
        "energy": 62.722191,
        "activity_lines": [
          178.132,
          176.431273,
          175.199905,
          172.919828
        ]
      },
      {
        "date": "2025-02-21",
        "close": 177.960007,
        "volume": 83406,
        "typical_volume": 164452.2,
        "trend": 169.771667,
        "fair_value": 134.195417,
        "relative_strength": 4.034522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.860976,
        "energy": 53.657954,
        "activity_lines": [
          178.181336,
          176.860183,
          175.620525,
          173.492087
        ]
      },
      {
        "date": "2025-02-28",
        "close": 171.505005,
        "volume": 195756,
        "typical_volume": 168768.8,
        "trend": 170.3665,
        "fair_value": 134.518974,
        "relative_strength": -1.475045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.019381,
        "energy": 19.234309,
        "activity_lines": [
          175.915004,
          176.092366,
          175.367097,
          173.603915
        ]
      },
      {
        "date": "2025-03-07",
        "close": 165.789993,
        "volume": 467397,
        "typical_volume": 185270.65,
        "trend": 170.757166,
        "fair_value": 134.81359,
        "relative_strength": -3.303855,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -11.408389,
        "energy": 15.945361,
        "activity_lines": [
          172.239334,
          174.323001,
          174.556263,
          173.308656
        ]
      },
      {
        "date": "2025-03-14",
        "close": 163.820007,
        "volume": 348859,
        "typical_volume": 194592.6,
        "trend": 170.876834,
        "fair_value": 135.061795,
        "relative_strength": -3.915524,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.01065,
        "energy": 38.622706,
        "activity_lines": [
          168.773669,
          172.344184,
          173.578954,
          172.861098
        ]
      },
      {
        "date": "2025-03-21",
        "close": 164.794998,
        "volume": 152207,
        "typical_volume": 195096.95,
        "trend": 170.938334,
        "fair_value": 135.300513,
        "relative_strength": -3.508371,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.423655,
        "energy": 49.643915,
        "activity_lines": [
          166.506334,
          170.707728,
          172.722501,
          172.468721
        ]
      },
      {
        "date": "2025-03-28",
        "close": 163.119995,
        "volume": 455905,
        "typical_volume": 209636.25,
        "trend": 170.977333,
        "fair_value": 135.525897,
        "relative_strength": -4.602331,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.128236,
        "energy": 69.441254,
        "activity_lines": [
          164.621665,
          168.858091,
          171.718405,
          171.964312
        ]
      },
      {
        "date": "2025-04-04",
        "close": 150.889999,
        "volume": 715210,
        "typical_volume": 238287.15,
        "trend": 170.772,
        "fair_value": 135.678173,
        "relative_strength": -5.118053,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -92.415564,
        "energy": 90.593188,
        "activity_lines": [
          159.649665,
          165.009909,
          169.602977,
          170.668355
        ]
      },
      {
        "date": "2025-04-11",
        "close": 153.210007,
        "volume": 531399,
        "typical_volume": 258502.3,
        "trend": 170.446,
        "fair_value": 135.858173,
        "relative_strength": -2.62018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.329058,
        "energy": 84.700325,
        "activity_lines": [
          156.825335,
          162.093547,
          167.805215,
          169.535323
        ]
      },
      {
        "date": "2025-04-18",
        "close": 154.520004,
        "volume": 186106,
        "typical_volume": 260052.0,
        "trend": 170.102,
        "fair_value": 136.065096,
        "relative_strength": -5.524931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.573845,
        "energy": 81.398648,
        "activity_lines": [
          155.276336,
          159.880456,
          166.230168,
          168.50784
        ]
      },
      {
        "date": "2025-04-25",
        "close": 160.190002,
        "volume": 232359,
        "typical_volume": 245483.0,
        "trend": 169.889,
        "fair_value": 136.329615,
        "relative_strength": -3.772763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.408076,
        "energy": 64.135685,
        "activity_lines": [
          156.237336,
          159.105547,
          165.297739,
          167.868356
        ]
      },
      {
        "date": "2025-05-02",
        "close": 165.759995,
        "volume": 141375,
        "typical_volume": 240824.4,
        "trend": 169.897334,
        "fair_value": 136.648205,
        "relative_strength": -2.645607,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.849834,
        "energy": 42.752521,
        "activity_lines": [
          159.362001,
          159.683728,
          164.980548,
          167.601969
        ]
      },
      {
        "date": "2025-05-09",
        "close": 165.604996,
        "volume": 93961,
        "typical_volume": 236001.9,
        "trend": 169.7925,
        "fair_value": 136.985224,
        "relative_strength": -2.404701,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.271244,
        "energy": 24.357128,
        "activity_lines": [
          162.258999,
          160.455545,
          164.700643,
          167.325043
        ]
      },
      {
        "date": "2025-05-16",
        "close": 173.470001,
        "volume": 171282,
        "typical_volume": 242352.05,
        "trend": 169.9005,
        "fair_value": 137.400032,
        "relative_strength": 0.527279,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.864773,
        "energy": 20.476178,
        "activity_lines": [
          166.796665,
          162.764636,
          165.207715,
          167.562302
        ]
      },
      {
        "date": "2025-05-23",
        "close": 170.020004,
        "volume": 161129,
        "typical_volume": 246579.1,
        "trend": 169.911167,
        "fair_value": 137.747628,
        "relative_strength": -1.950488,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.783307,
        "energy": 24.919332,
        "activity_lines": [
          168.833667,
          164.306819,
          165.388596,
          167.570012
        ]
      },
      {
        "date": "2025-05-30",
        "close": 172.660004,
        "volume": 87725,
        "typical_volume": 237462.25,
        "trend": 170.090168,
        "fair_value": 138.117788,
        "relative_strength": -1.190121,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.35121,
        "energy": 28.735346,
        "activity_lines": [
          170.717335,
          166.216274,
          165.83462,
          167.747356
        ]
      },
      {
        "date": "2025-06-06",
        "close": 175.789993,
        "volume": 150580,
        "typical_volume": 235612.9,
        "trend": 170.138501,
        "fair_value": 138.54157,
        "relative_strength": -0.253961,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.431216,
        "energy": 35.553653,
        "activity_lines": [
          172.812999,
          168.551818,
          166.565214,
          168.115086
        ]
      },
      {
        "date": "2025-06-13",
        "close": 176.289993,
        "volume": 150283,
        "typical_volume": 237878.7,
        "trend": 170.308167,
        "fair_value": 139.009006,
        "relative_strength": -0.183179,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.352623,
        "energy": 48.439336,
        "activity_lines": [
          174.406664,
          170.747908,
          167.342047,
          168.511957
        ]
      },
      {
        "date": "2025-06-20",
        "close": 175.330002,
        "volume": 148438,
        "typical_volume": 237742.1,
        "trend": 170.359834,
        "fair_value": 139.432243,
        "relative_strength": 0.05073,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.123479,
        "energy": 47.579981,
        "activity_lines": [
          174.967998,
          172.307635,
          168.040071,
          168.835946
        ]
      },
      {
        "date": "2025-06-27",
        "close": 181.289993,
        "volume": 114566,
        "typical_volume": 233347.95,
        "trend": 170.533834,
        "fair_value": 139.913526,
        "relative_strength": 3.053931,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.995438,
        "energy": 56.478565,
        "activity_lines": [
          177.391996,
          174.548816,
          169.322189,
          169.541118
        ]
      },
      {
        "date": "2025-07-04",
        "close": 183.139999,
        "volume": 277773,
        "typical_volume": 243285.8,
        "trend": 170.7055,
        "fair_value": 140.38016,
        "relative_strength": 3.700291,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.381272,
        "energy": 67.573636,
        "activity_lines": [
          179.68133,
          176.639634,
          170.759689,
          170.354419
        ]
      },
      {
        "date": "2025-07-11",
        "close": 183.600006,
        "volume": 153773,
        "typical_volume": 246804.15,
        "trend": 170.935834,
        "fair_value": 140.861667,
        "relative_strength": 2.506973,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.89524,
        "energy": 86.111204,
        "activity_lines": [
          181.425333,
          178.396817,
          172.220857,
          171.186322
        ]
      },
      {
        "date": "2025-07-18",
        "close": 184.919998,
        "volume": 101209,
        "typical_volume": 242076.8,
        "trend": 171.314167,
        "fair_value": 141.328397,
        "relative_strength": 2.556924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.487882,
        "energy": 89.639134,
        "activity_lines": [
          183.088667,
          180.069635,
          173.78088,
          172.088527
        ]
      },
      {
        "date": "2025-07-25",
        "close": 187.270004,
        "volume": 83611,
        "typical_volume": 222887.5,
        "trend": 171.7575,
        "fair_value": 141.790128,
        "relative_strength": 2.250927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.183109,
        "energy": 91.772135,
        "activity_lines": [
          184.960001,
          181.818545,
          175.500833,
          173.117935
        ]
      },
      {
        "date": "2025-08-01",
        "close": 183.119995,
        "volume": 72474,
        "typical_volume": 209068.25,
        "trend": 172.098167,
        "fair_value": 142.219872,
        "relative_strength": 0.42078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.15771,
        "energy": 85.297049,
        "activity_lines": [
          184.652,
          182.561999,
          176.723261,
          173.851
        ]
      },
      {
        "date": "2025-08-08",
        "close": 187.300003,
        "volume": 53181,
        "typical_volume": 204116.95,
        "trend": 172.680833,
        "fair_value": 142.651699,
        "relative_strength": 2.237883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.695746,
        "energy": 82.403551,
        "activity_lines": [
          185.615334,
          183.827273,
          178.251881,
          174.831763
        ]
      },
      {
        "date": "2025-08-15",
        "close": 189.395004,
        "volume": 85376,
        "typical_volume": 185590.5,
        "trend": 173.144,
        "fair_value": 143.100641,
        "relative_strength": 2.750919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.366254,
        "energy": 85.406988,
        "activity_lines": [
          186.999668,
          185.207274,
          179.872857,
          175.910097
        ]
      },
      {
        "date": "2025-08-22",
        "close": 190.320007,
        "volume": 93214,
        "typical_volume": 154490.7,
        "trend": 173.523334,
        "fair_value": 143.575545,
        "relative_strength": 1.14918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.789591,
        "energy": 75.775631,
        "activity_lines": [
          188.306004,
          186.508093,
          181.45681,
          177.018226
        ]
      },
      {
        "date": "2025-08-29",
        "close": 189.679993,
        "volume": 65832,
        "typical_volume": 131212.35,
        "trend": 173.886334,
        "fair_value": 144.065545,
        "relative_strength": 2.15276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.717124,
        "energy": 83.044565,
        "activity_lines": [
          189.039,
          187.437455,
          182.792048,
          178.060591
        ]
      },
      {
        "date": "2025-09-05",
        "close": 190.179993,
        "volume": 48004,
        "typical_volume": 124307.25,
        "trend": 174.328333,
        "fair_value": 144.549647,
        "relative_strength": 2.048033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.03372,
        "energy": 82.341389,
        "activity_lines": [
          189.777998,
          188.196818,
          184.001237,
          179.111795
        ]
      },
      {
        "date": "2025-09-12",
        "close": 193.75,
        "volume": 65062,
        "typical_volume": 115942.4,
        "trend": 174.823,
        "fair_value": 145.093237,
        "relative_strength": 3.008132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.444402,
        "energy": 79.086195,
        "activity_lines": [
          191.236331,
          189.443636,
          185.380618,
          180.364806
        ]
      },
      {
        "date": "2025-09-19",
        "close": 195.259995,
        "volume": 127355,
        "typical_volume": 115241.4,
        "trend": 175.399666,
        "fair_value": 145.676763,
        "relative_strength": 4.446435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.840403,
        "energy": 79.203486,
        "activity_lines": [
          192.767996,
          190.772089,
          186.743999,
          181.683322
        ]
      },
      {
        "date": "2025-09-26",
        "close": 194.929993,
        "volume": 163851,
        "typical_volume": 118735.9,
        "trend": 176.180499,
        "fair_value": 146.262019,
        "relative_strength": 3.40957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.974657,
        "energy": 79.797301,
        "activity_lines": [
          193.798662,
          191.828543,
          187.935475,
          182.943343
        ]
      },
      {
        "date": "2025-10-03",
        "close": 198.380005,
        "volume": 129127,
        "typical_volume": 116628.15,
        "trend": 177.266833,
        "fair_value": 146.868558,
        "relative_strength": 2.861099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.172829,
        "energy": 87.718158,
        "activity_lines": [
          195.671998,
          193.330271,
          189.31588,
          184.375569
        ]
      },
      {
        "date": "2025-10-10",
        "close": 195.550003,
        "volume": 282493,
        "typical_volume": 122696.35,
        "trend": 178.324499,
        "fair_value": 147.464808,
        "relative_strength": 2.051203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.580917,
        "energy": 66.767075,
        "activity_lines": [
          196.022,
          194.115454,
          190.308142,
          185.555128
        ]
      },
      {
        "date": "2025-10-17",
        "close": 194.550003,
        "volume": 180731,
        "typical_volume": 127346.65,
        "trend": 179.316333,
        "fair_value": 148.044615,
        "relative_strength": 2.278878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.107203,
        "energy": 64.012069,
        "activity_lines": [
          195.680668,
          194.492818,
          191.083595,
          186.601935
        ]
      },
      {
        "date": "2025-10-24",
        "close": 197.919998,
        "volume": 73608,
        "typical_volume": 123498.05,
        "trend": 180.476333,
        "fair_value": 148.614166,
        "relative_strength": 0.916536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.666526,
        "energy": 65.623228,
        "activity_lines": [
          196.409334,
          195.35109,
          192.075762,
          187.802172
        ]
      },
      {
        "date": "2025-10-31",
        "close": 201.389999,
        "volume": 120826,
        "typical_volume": 122025.2,
        "trend": 182.159666,
        "fair_value": 149.229391,
        "relative_strength": 1.902447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.391068,
        "energy": 69.154206,
        "activity_lines": [
          198.117334,
          196.685272,
          193.293023,
          189.15144
        ]
      },
      {
        "date": "2025-11-07",
        "close": 195.570007,
        "volume": 111283,
        "typical_volume": 120167.45,
        "trend": 183.571666,
        "fair_value": 149.767115,
        "relative_strength": -0.556259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.668289,
        "energy": 55.860175,
        "activity_lines": [
          197.454669,
          196.760001,
          193.836476,
          190.016624
        ]
      },
      {
        "date": "2025-11-14",
        "close": 198.690002,
        "volume": 77549,
        "typical_volume": 118316.6,
        "trend": 185.044,
        "fair_value": 150.324006,
        "relative_strength": 0.936735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.105205,
        "energy": 55.445445,
        "activity_lines": [
          198.019336,
          197.294911,
          194.580691,
          190.992
        ]
      },
      {
        "date": "2025-11-21",
        "close": 193.449997,
        "volume": 90440,
        "typical_volume": 108949.95,
        "trend": 186.152666,
        "fair_value": 150.835352,
        "relative_strength": -0.018851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.503286,
        "energy": 38.792633,
        "activity_lines": [
          196.628001,
          196.722365,
          194.743,
          191.534322
        ]
      },
      {
        "date": "2025-11-28",
        "close": 201.190002,
        "volume": 107065,
        "typical_volume": 106614.55,
        "trend": 187.333666,
        "fair_value": 151.391378,
        "relative_strength": 2.100469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.844413,
        "energy": 43.512209,
        "activity_lines": [
          197.890001,
          197.562547,
          195.593357,
          192.504473
        ]
      },
      {
        "date": "2025-12-05",
        "close": 202.210007,
        "volume": 49521,
        "typical_volume": 104030.15,
        "trend": 188.553833,
        "fair_value": 151.968942,
        "relative_strength": 3.235463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.401699,
        "energy": 49.42781,
        "activity_lines": [
          199.274003,
          198.480366,
          196.457096,
          193.464237
        ]
      },
      {
        "date": "2025-12-12",
        "close": 200.509995,
        "volume": 184143,
        "typical_volume": 109056.75,
        "trend": 189.455167,
        "fair_value": 152.557917,
        "relative_strength": 2.607865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.060104,
        "energy": 45.488553,
        "activity_lines": [
          200.036667,
          198.956728,
          197.076596,
          194.235602
        ]
      },
      {
        "date": "2025-12-19",
        "close": 200.979996,
        "volume": 185038,
        "typical_volume": 114684.95,
        "trend": 190.487166,
        "fair_value": 153.152436,
        "relative_strength": 0.377978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.045647,
        "energy": 49.795235,
        "activity_lines": [
          200.626665,
          199.479818,
          197.67781,
          194.97914
        ]
      },
      {
        "date": "2025-12-26",
        "close": 203.270004,
        "volume": 58174,
        "typical_volume": 114934.6,
        "trend": 191.5075,
        "fair_value": 153.76234,
        "relative_strength": 1.869267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.831882,
        "energy": 58.732421,
        "activity_lines": [
          201.827334,
          200.320546,
          198.412072,
          195.803839
        ]
      },
      {
        "date": "2026-01-02",
        "close": 201.630005,
        "volume": 47778,
        "typical_volume": 113054.7,
        "trend": 192.368833,
        "fair_value": 154.354583,
        "relative_strength": 0.303654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.113925,
        "energy": 45.446902,
        "activity_lines": [
          201.826668,
          200.704547,
          198.914096,
          196.456904
        ]
      },
      {
        "date": "2026-01-09",
        "close": 204.649994,
        "volume": 184295,
        "typical_volume": 117608.75,
        "trend": 193.314167,
        "fair_value": 154.94609,
        "relative_strength": 0.097113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.28259,
        "energy": 50.525202,
        "activity_lines": [
          202.803333,
          201.570182,
          199.645476,
          197.249237
        ]
      },
      {
        "date": "2026-01-16",
        "close": 204.699997,
        "volume": 57101,
        "typical_volume": 117172.2,
        "trend": 194.293167,
        "fair_value": 155.544423,
        "relative_strength": -0.901369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.572578,
        "energy": 56.015569,
        "activity_lines": [
          203.633999,
          202.385636,
          200.313381,
          197.983806
        ]
      },
      {
        "date": "2026-01-23",
        "close": 203.649994,
        "volume": 240048,
        "typical_volume": 126774.4,
        "trend": 195.0385,
        "fair_value": 156.110833,
        "relative_strength": -0.424544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.067759,
        "energy": 45.154806,
        "activity_lines": [
          203.83533,
          202.84418,
          200.809761,
          198.587473
        ]
      },
      {
        "date": "2026-01-30",
        "close": 203.850006,
        "volume": 162747,
        "typical_volume": 131658.65,
        "trend": 195.728833,
        "fair_value": 156.656731,
        "relative_strength": -1.044171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.599798,
        "energy": 44.261675,
        "activity_lines": [
          203.925333,
          203.248909,
          201.261048,
          199.155957
        ]
      },
      {
        "date": "2026-02-06",
        "close": 202.710007,
        "volume": 126793,
        "typical_volume": 131630.55,
        "trend": 196.365834,
        "fair_value": 157.215192,
        "relative_strength": -2.91299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.446953,
        "energy": 37.548402,
        "activity_lines": [
          203.596669,
          203.257274,
          201.555667,
          199.606355
        ]
      },
      {
        "date": "2026-02-13",
        "close": 201.539993,
        "volume": 490995,
        "typical_volume": 147987.75,
        "trend": 196.919833,
        "fair_value": 157.769615,
        "relative_strength": -4.071672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.108283,
        "energy": 25.84381,
        "activity_lines": [
          202.806,
          203.025272,
          201.703381,
          199.940172
        ]
      },
      {
        "date": "2026-02-20",
        "close": 202.490005,
        "volume": 85510,
        "typical_volume": 145806.9,
        "trend": 197.427167,
        "fair_value": 158.346731,
        "relative_strength": -5.643772,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.665786,
        "energy": 21.840098,
        "activity_lines": [
          202.539335,
          202.978182,
          201.910096,
          200.299538
        ]
      },
      {
        "date": "2026-02-27",
        "close": 202.059998,
        "volume": 216797,
        "typical_volume": 142522.1,
        "trend": 198.0585,
        "fair_value": 158.910641,
        "relative_strength": -7.6908,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.754683,
        "energy": 17.040162,
        "activity_lines": [
          202.276667,
          202.816909,
          202.056286,
          200.59843
        ]
      },
      {
        "date": "2026-03-06",
        "close": 198.550003,
        "volume": 318340,
        "typical_volume": 149402.55,
        "trend": 198.4335,
        "fair_value": 159.467692,
        "relative_strength": -3.794014,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.182636,
        "energy": 12.352607,
        "activity_lines": [
          200.950001,
          201.997819,
          201.837191,
          200.63014
        ]
      },
      {
        "date": "2026-03-13",
        "close": 195.619995,
        "volume": 89211,
        "typical_volume": 150182.7,
        "trend": 198.641,
        "fair_value": 160.008013,
        "relative_strength": -5.003605,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.406613,
        "energy": 19.314471,
        "activity_lines": [
          198.999999,
          200.731818,
          201.32,
          200.448624
        ]
      },
      {
        "date": "2026-03-20",
        "close": 192.850006,
        "volume": 119616,
        "typical_volume": 150122.2,
        "trend": 198.725333,
        "fair_value": 160.5275,
        "relative_strength": -3.146767,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.181162,
        "energy": 48.530087,
        "activity_lines": [
          196.599335,
          199.071455,
          200.549953,
          200.075011
        ]
      },
      {
        "date": "2026-03-27",
        "close": 188.75,
        "volume": 89572,
        "typical_volume": 149036.65,
        "trend": 198.694333,
        "fair_value": 160.99391,
        "relative_strength": -5.681724,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -55.795946,
        "energy": 69.582416,
        "activity_lines": [
          193.411334,
          196.880183,
          199.430096,
          199.431441
        ]
      },
      {
        "date": "2026-04-03",
        "close": 193.630005,
        "volume": 141356,
        "typical_volume": 152227.0,
        "trend": 198.809334,
        "fair_value": 161.492244,
        "relative_strength": -7.574596,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.754512,
        "energy": 63.230674,
        "activity_lines": [
          192.766002,
          195.866183,
          198.807477,
          199.10471
        ]
      },
      {
        "date": "2026-04-10",
        "close": 201.145004,
        "volume": 70005,
        "typical_volume": 151205.25,
        "trend": 199.055834,
        "fair_value": 162.030353,
        "relative_strength": -5.450925,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.847813,
        "energy": 35.773038,
        "activity_lines": [
          195.18767,
          196.400729,
          198.924668,
          199.255399
        ]
      },
      {
        "date": "2026-04-17",
        "close": 210.169998,
        "volume": 72238,
        "typical_volume": 149463.9,
        "trend": 199.552834,
        "fair_value": 162.62625,
        "relative_strength": -1.926902,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.963627,
        "energy": 14.660784,
        "activity_lines": [
          200.444668,
          198.625365,
          199.864739,
          199.972442
        ]
      },
      {
        "date": "2026-04-24",
        "close": 210.309998,
        "volume": 121432,
        "typical_volume": 153059.45,
        "trend": 200.065501,
        "fair_value": 163.219904,
        "relative_strength": 0.747943,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 62.344099,
        "energy": 46.242436,
        "activity_lines": [
          204.778334,
          200.739819,
          200.775382,
          200.666452
        ]
      },
      {
        "date": "2026-05-01",
        "close": 213.740005,
        "volume": 97204,
        "typical_volume": 148712.5,
        "trend": 200.577501,
        "fair_value": 163.840449,
        "relative_strength": 2.409919,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.163382,
        "energy": 61.628317,
        "activity_lines": [
          209.091335,
          203.318456,
          201.97412,
          201.548678
        ]
      },
      {
        "date": "2026-05-08",
        "close": 217.539993,
        "volume": 121067,
        "typical_volume": 145513.95,
        "trend": 201.310501,
        "fair_value": 164.485737,
        "relative_strength": 5.37169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.549718,
        "energy": 88.429688,
        "activity_lines": [
          213.004999,
          206.383455,
          203.471762,
          202.643033
        ]
      },
      {
        "date": "2026-05-15",
        "close": 218.820007,
        "volume": 119784,
        "typical_volume": 148594.45,
        "trend": 202.119501,
        "fair_value": 165.125289,
        "relative_strength": 6.232927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.873439,
        "energy": 90.368707,
        "activity_lines": [
          215.751334,
          209.399729,
          205.012453,
          203.772678
        ]
      },
      {
        "date": "2026-05-22",
        "close": 220.839996,
        "volume": 99177,
        "typical_volume": 151164.4,
        "trend": 202.883501,
        "fair_value": 165.776571,
        "relative_strength": 4.279972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.219169,
        "energy": 91.423915,
        "activity_lines": [
          217.992666,
          212.414728,
          206.671477,
          204.980452
        ]
      },
      {
        "date": "2026-05-29",
        "close": 223.690002,
        "volume": 174312,
        "typical_volume": 150665.25,
        "trend": 203.626834,
        "fair_value": 166.429295,
        "relative_strength": 6.022022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.862001,
        "energy": 92.170813,
        "activity_lines": [
          220.472667,
          215.489364,
          208.510453,
          206.322807
        ]
      },
      {
        "date": "2026-06-05",
        "close": 221.139999,
        "volume": 20609,
        "typical_volume": 148840.65,
        "trend": 204.479167,
        "fair_value": 167.062051,
        "relative_strength": 5.086486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.647056,
        "energy": 84.929056,
        "activity_lines": [
          221.210667,
          217.539636,
          210.015905,
          207.452689
        ]
      },
      {
        "date": "2026-06-12",
        "close": 219.320007,
        "volume": 12680,
        "typical_volume": 137472.25,
        "trend": 205.166834,
        "fair_value": 167.660321,
        "relative_strength": 3.090333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.760697,
        "energy": 74.258976,
        "activity_lines": [
          220.848669,
          218.670092,
          211.269739,
          208.410162
        ]
      },
      {
        "date": "2026-06-19",
        "close": 221.149994,
        "volume": 14666,
        "typical_volume": 130068.2,
        "trend": 206.090167,
        "fair_value": 168.284551,
        "relative_strength": 4.902946,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.029394,
        "energy": 65.947377,
        "activity_lines": [
          220.978,
          219.666182,
          212.623239,
          209.441334
        ]
      },
      {
        "date": "2026-06-26",
        "close": 217.649994,
        "volume": 8708,
        "typical_volume": 124163.95,
        "trend": 206.638834,
        "fair_value": 168.868462,
        "relative_strength": 1.810514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.298809,
        "energy": 54.831368,
        "activity_lines": [
          219.785331,
          219.662181,
          213.561024,
          210.187129
        ]
      },
      {
        "date": "2026-07-03",
        "close": 221.695007,
        "volume": 12991,
        "typical_volume": 100263.75,
        "trend": 207.288334,
        "fair_value": 169.48266,
        "relative_strength": 2.041847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.466624,
        "energy": 51.547943,
        "activity_lines": [
          220.153667,
          220.257637,
          214.812905,
          211.158495
        ]
      },
      {
        "date": "2026-07-10",
        "close": 223.240005,
        "volume": 97254,
        "typical_volume": 100850.95,
        "trend": 208.046001,
        "fair_value": 170.08516,
        "relative_strength": 4.459272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.1821,
        "energy": 59.456519,
        "activity_lines": [
          221.170002,
          220.927001,
          216.115953,
          212.187635
        ]
      },
      {
        "date": "2026-07-17",
        "close": 220.830002,
        "volume": 93997,
        "typical_volume": 94710.95,
        "trend": 208.707667,
        "fair_value": 170.66766,
        "relative_strength": 2.300711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.123991,
        "energy": 55.893405,
        "activity_lines": [
          221.243002,
          220.985456,
          217.090668,
          213.01241
        ]
      },
      {
        "date": "2026-07-24",
        "close": 219.940002,
        "volume": 103056,
        "typical_volume": 83946.75,
        "trend": 209.263334,
        "fair_value": 171.237725,
        "relative_strength": 0.604161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.746741,
        "energy": 53.288036,
        "activity_lines": [
          220.918669,
          220.822274,
          217.891239,
          213.737076
        ]
      },
      {
        "date": "2026-07-31",
        "close": 219.529999,
        "volume": 81916,
        "typical_volume": 83582.0,
        "trend": 209.86,
        "fair_value": 171.81593,
        "relative_strength": -0.802706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.187853,
        "energy": 43.823312,
        "activity_lines": [
          220.538335,
          220.564183,
          218.550906,
          214.399442
        ]
      },
      {
        "date": "2026-08-07",
        "close": 229.419998,
        "volume": 88330,
        "typical_volume": 82017.7,
        "trend": 210.685667,
        "fair_value": 172.471507,
        "relative_strength": 3.30815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.379973,
        "energy": 60.786027,
        "activity_lines": [
          223.329333,
          222.128092,
          220.03862,
          215.661377
        ]
      }
    ],
    "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."
    }
  }
}