{
  "ticker": {
    "uuid": "c3b28d3c-2941-4652-b527-11dc0b42171f",
    "symbol": "ECL",
    "name": "Ecolab Inc",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "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": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 62.851,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 28.514,
    "architecture_energy": 21.462,
    "architecture_maturity": 16.936,
    "architecture_confidence": 50.77,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 43.17,
        "rotation_up": 46.73,
        "upward_expansion": 39.96,
        "deceleration": 40.2,
        "rotation_down": 23.35,
        "downward_expansion": 14.96
      },
      "activity_lines": [
        277.506,
        276.390783,
        270.217538,
        270.383513
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 285.17,
    "trend_reference": 272.852039,
    "distance_from_trend": 0.045145,
    "trend_direction": "Improving",
    "fair_value": 240.848815,
    "distance_from_fair_value": 0.184021,
    "fair_value_direction": "Improving",
    "relative_strength": -6.185929,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.012517,
    "excess_performance": -0.138142,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.045145,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.013791,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.184021,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.096131,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.061859,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.101922,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.012517,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.248072,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6460405,
      "relative_activity": 0.875009,
      "balance": 2.248072,
      "dry_up": 0.8516,
      "accumulation_observations": 7,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.047116,
      "annualized_volatility": 0.228543,
      "from_high_reference": -0.072992,
      "from_low_reference": 0.175941
    },
    "levels": {
      "trend_reference": 272.852039,
      "fair_value_reference": 240.848815,
      "structural_low": 242.503607,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.035578,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.005124,
        "regime_survival": 0.375,
        "best_return": 0.088359,
        "worst_return": -0.054458,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.081895,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.028946,
        "regime_survival": 0.4,
        "best_return": 0.091629,
        "worst_return": -0.011036,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.048944,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.004198,
        "regime_survival": 0.25,
        "best_return": 0.228062,
        "worst_return": -0.001161,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.20187,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.034589,
        "regime_survival": 0.0,
        "best_return": 0.303898,
        "worst_return": 0.099843,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-28",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.110287,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-25",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.072394,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.033364,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-09-19",
        "tenure": "Established",
        "return": 0.004425,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.054871,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2025-11-28",
        "tenure": "New",
        "return": 0.064119,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.088578,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.029576,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-13",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.140399,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": -0.052607,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-22",
        "end": "2026-05-29",
        "tenure": "New",
        "return": 0.01058,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.10135,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-10",
        "end": "2026-07-24",
        "tenure": "New",
        "return": -0.020269,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.027158,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 173.823977,
        "volume": 4543567,
        "typical_volume": 5021689.7,
        "trend": 164.892586,
        "fair_value": 179.898156,
        "relative_strength": 2.934897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.094066,
        "energy": 27.2075,
        "activity_lines": [
          176.916334,
          178.108143,
          175.051486,
          170.971172
        ]
      },
      {
        "date": "2023-08-25",
        "close": 174.91916,
        "volume": 4845224,
        "typical_volume": 4985114.85,
        "trend": 165.832878,
        "fair_value": 179.814284,
        "relative_strength": 2.760556,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.381315,
        "energy": 21.129279,
        "activity_lines": [
          175.844412,
          177.527863,
          175.380784,
          171.618048
        ]
      },
      {
        "date": "2023-09-01",
        "close": 177.070758,
        "volume": 3322280,
        "typical_volume": 4936269.5,
        "trend": 166.814071,
        "fair_value": 179.7186,
        "relative_strength": 1.479051,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.391104,
        "energy": 20.031276,
        "activity_lines": [
          176.051172,
          177.366273,
          175.85073,
          172.343073
        ]
      },
      {
        "date": "2023-09-08",
        "close": 176.450478,
        "volume": 3662708,
        "typical_volume": 4908170.55,
        "trend": 168.007981,
        "fair_value": 179.625911,
        "relative_strength": 2.495871,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.335919,
        "energy": 18.133378,
        "activity_lines": [
          176.108031,
          177.011726,
          176.174803,
          172.964776
        ]
      },
      {
        "date": "2023-09-15",
        "close": 172.476804,
        "volume": 7711240,
        "typical_volume": 5084073.15,
        "trend": 168.543256,
        "fair_value": 179.502413,
        "relative_strength": 0.356405,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.48158,
        "energy": 10.261447,
        "activity_lines": [
          174.8707,
          176.016281,
          176.042246,
          173.253088
        ]
      },
      {
        "date": "2023-09-22",
        "close": 167.183622,
        "volume": 4676040,
        "typical_volume": 4986520.5,
        "trend": 169.025049,
        "fair_value": 179.39312,
        "relative_strength": 0.238088,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.988085,
        "energy": 12.615832,
        "activity_lines": [
          172.282496,
          174.154301,
          175.356623,
          173.165369
        ]
      },
      {
        "date": "2023-09-29",
        "close": 164.675576,
        "volume": 4744941,
        "typical_volume": 5001285.65,
        "trend": 169.268502,
        "fair_value": 179.25552,
        "relative_strength": -0.542647,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -16.345842,
        "energy": 26.843472,
        "activity_lines": [
          169.300966,
          172.117579,
          174.435217,
          172.884758
        ]
      },
      {
        "date": "2023-10-06",
        "close": 164.811672,
        "volume": 4948370,
        "typical_volume": 5051721.45,
        "trend": 169.687602,
        "fair_value": 179.088067,
        "relative_strength": -0.928489,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.547457,
        "energy": 51.833834,
        "activity_lines": [
          167.047708,
          170.444981,
          173.544189,
          172.597221
        ]
      },
      {
        "date": "2023-10-13",
        "close": 160.038607,
        "volume": 3433206,
        "typical_volume": 4981101.9,
        "trend": 170.059643,
        "fair_value": 178.881765,
        "relative_strength": -4.189846,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.761416,
        "energy": 66.365243,
        "activity_lines": [
          164.0207,
          168.142952,
          172.220321,
          171.974705
        ]
      },
      {
        "date": "2023-10-20",
        "close": 155.469686,
        "volume": 5230762,
        "typical_volume": 5010268.6,
        "trend": 170.076369,
        "fair_value": 178.644126,
        "relative_strength": -4.595266,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.913505,
        "energy": 75.287748,
        "activity_lines": [
          160.564843,
          165.31689,
          170.467313,
          171.033417
        ]
      },
      {
        "date": "2023-10-27",
        "close": 153.04913,
        "volume": 5849873,
        "typical_volume": 5036720.05,
        "trend": 169.845871,
        "fair_value": 178.519172,
        "relative_strength": -3.568525,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.776769,
        "energy": 79.999194,
        "activity_lines": [
          157.435942,
          162.472726,
          168.540013,
          169.934886
        ]
      },
      {
        "date": "2023-11-03",
        "close": 169.895811,
        "volume": 8180031,
        "typical_volume": 5104200.8,
        "trend": 170.128289,
        "fair_value": 178.407022,
        "relative_strength": 0.923287,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.804471,
        "energy": 63.333347,
        "activity_lines": [
          160.864901,
          163.069319,
          168.305078,
          169.938108
        ]
      },
      {
        "date": "2023-11-10",
        "close": 172.938518,
        "volume": 4700647,
        "typical_volume": 5136464.4,
        "trend": 170.598137,
        "fair_value": 178.259915,
        "relative_strength": 1.291614,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.537637,
        "energy": 28.740846,
        "activity_lines": [
          164.96008,
          164.310465,
          168.391046,
          170.119413
        ]
      },
      {
        "date": "2023-11-17",
        "close": 179.208633,
        "volume": 4264957,
        "typical_volume": 5099198.25,
        "trend": 171.237368,
        "fair_value": 178.139567,
        "relative_strength": 2.426001,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -4.292822,
        "energy": 16.019671,
        "activity_lines": [
          170.603508,
          166.766764,
          169.072845,
          170.674929
        ]
      },
      {
        "date": "2023-11-24",
        "close": 182.018033,
        "volume": 2604930,
        "typical_volume": 4978071.9,
        "trend": 171.898089,
        "fair_value": 177.951981,
        "relative_strength": 2.80307,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 25.271986,
        "energy": 37.355097,
        "activity_lines": [
          175.9054,
          169.683714,
          170.030441,
          171.370455
        ]
      },
      {
        "date": "2023-12-01",
        "close": 187.034125,
        "volume": 5741551,
        "typical_volume": 5045239.6,
        "trend": 172.538215,
        "fair_value": 177.79173,
        "relative_strength": 4.530173,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.409757,
        "energy": 49.10425,
        "activity_lines": [
          181.109434,
          173.339204,
          171.445432,
          172.346974
        ]
      },
      {
        "date": "2023-12-08",
        "close": 186.761934,
        "volume": 5632401,
        "typical_volume": 5107371.0,
        "trend": 173.152517,
        "fair_value": 177.656001,
        "relative_strength": 3.958375,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.571377,
        "energy": 70.864918,
        "activity_lines": [
          183.95707,
          176.584287,
          172.813639,
          173.264633
        ]
      },
      {
        "date": "2023-12-15",
        "close": 191.291971,
        "volume": 8182343,
        "typical_volume": 5271282.85,
        "trend": 173.883031,
        "fair_value": 177.562484,
        "relative_strength": 3.775273,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.220866,
        "energy": 87.278329,
        "activity_lines": [
          187.190311,
          180.251443,
          174.596989,
          174.43492
        ]
      },
      {
        "date": "2023-12-22",
        "close": 192.665097,
        "volume": 4710893,
        "typical_volume": 5078045.2,
        "trend": 174.928612,
        "fair_value": 177.492621,
        "relative_strength": 3.37633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.882607,
        "energy": 88.665892,
        "activity_lines": [
          189.657697,
          183.686798,
          176.447455,
          175.646667
        ]
      },
      {
        "date": "2023-12-29",
        "close": 193.376794,
        "volume": 2400771,
        "typical_volume": 4969336.75,
        "trend": 175.798521,
        "fair_value": 177.425872,
        "relative_strength": 3.221005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.586059,
        "energy": 87.996563,
        "activity_lines": [
          191.465218,
          186.658343,
          178.290659,
          176.836872
        ]
      },
      {
        "date": "2024-01-05",
        "close": 190.35452,
        "volume": 3888046,
        "typical_volume": 4936560.7,
        "trend": 176.426597,
        "fair_value": 177.307205,
        "relative_strength": 3.060572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.04962,
        "energy": 81.567649,
        "activity_lines": [
          191.508063,
          188.391164,
          179.77604,
          177.775969
        ]
      },
      {
        "date": "2024-01-12",
        "close": 193.932502,
        "volume": 3867923,
        "typical_volume": 4887695.65,
        "trend": 177.009977,
        "fair_value": 177.277769,
        "relative_strength": 2.92831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.797969,
        "energy": 77.291025,
        "activity_lines": [
          192.522209,
          190.096247,
          181.523464,
          178.905382
        ]
      },
      {
        "date": "2024-01-19",
        "close": 194.858683,
        "volume": 6044851,
        "typical_volume": 5023824.2,
        "trend": 177.749902,
        "fair_value": 177.244489,
        "relative_strength": 2.056713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.859601,
        "energy": 69.65071,
        "activity_lines": [
          193.367045,
          191.532697,
          183.268556,
          180.056911
        ]
      },
      {
        "date": "2024-01-26",
        "close": 193.513284,
        "volume": 4431040,
        "typical_volume": 5062240.8,
        "trend": 178.169084,
        "fair_value": 177.250162,
        "relative_strength": 0.171248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.424666,
        "energy": 57.466777,
        "activity_lines": [
          193.525633,
          192.325979,
          184.800811,
          181.073904
        ]
      },
      {
        "date": "2024-02-02",
        "close": 194.332223,
        "volume": 5965737,
        "typical_volume": 4974965.65,
        "trend": 178.721851,
        "fair_value": 177.211153,
        "relative_strength": -0.959255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.262062,
        "energy": 67.051452,
        "activity_lines": [
          193.900655,
          193.008075,
          186.329808,
          182.116687
        ]
      },
      {
        "date": "2024-02-09",
        "close": 197.637226,
        "volume": 6144435,
        "typical_volume": 5048385.4,
        "trend": 179.221316,
        "fair_value": 177.150461,
        "relative_strength": -0.864745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.865704,
        "energy": 66.793678,
        "activity_lines": [
          195.313649,
          194.067187,
          188.069495,
          183.337034
        ]
      },
      {
        "date": "2024-02-16",
        "close": 209.979803,
        "volume": 10170713,
        "typical_volume": 5319674.0,
        "trend": 180.109263,
        "fair_value": 177.240134,
        "relative_strength": 5.527489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.886319,
        "energy": 83.047502,
        "activity_lines": [
          200.355323,
          197.177619,
          190.839647,
          185.321452
        ]
      },
      {
        "date": "2024-02-23",
        "close": 216.765296,
        "volume": 4841067,
        "typical_volume": 5314308.85,
        "trend": 181.403984,
        "fair_value": 177.365576,
        "relative_strength": 6.964687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.458188,
        "energy": 95.610638,
        "activity_lines": [
          206.589007,
          201.099635,
          194.040303,
          187.686358
        ]
      },
      {
        "date": "2024-03-01",
        "close": 219.855815,
        "volume": 6567070,
        "typical_volume": 5471002.05,
        "trend": 182.835645,
        "fair_value": 177.519583,
        "relative_strength": 7.259461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.465615,
        "energy": 96.02414,
        "activity_lines": [
          212.392423,
          205.120412,
          197.287895,
          190.167121
        ]
      },
      {
        "date": "2024-03-08",
        "close": 217.857214,
        "volume": 4570360,
        "typical_volume": 5437981.95,
        "trend": 184.141565,
        "fair_value": 177.619661,
        "relative_strength": 6.390104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.564227,
        "energy": 91.826499,
        "activity_lines": [
          215.77347,
          208.28343,
          200.060301,
          192.426577
        ]
      },
      {
        "date": "2024-03-15",
        "close": 221.015978,
        "volume": 8112074,
        "typical_volume": 5551092.0,
        "trend": 185.714632,
        "fair_value": 177.780305,
        "relative_strength": 7.756444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.107765,
        "energy": 92.419139,
        "activity_lines": [
          218.639106,
          211.57567,
          202.836458,
          194.805571
        ]
      },
      {
        "date": "2024-03-22",
        "close": 224.08005,
        "volume": 6136891,
        "typical_volume": 5448935.0,
        "trend": 187.353328,
        "fair_value": 177.925795,
        "relative_strength": 6.698516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.531355,
        "energy": 92.55856,
        "activity_lines": [
          220.967515,
          214.867533,
          205.580779,
          197.28076
        ]
      },
      {
        "date": "2024-03-29",
        "close": 225.673152,
        "volume": 3998126,
        "typical_volume": 5413808.95,
        "trend": 188.973408,
        "fair_value": 178.060197,
        "relative_strength": 6.896365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.905771,
        "energy": 80.439479,
        "activity_lines": [
          222.886942,
          217.900914,
          208.218805,
          199.753006
        ]
      },
      {
        "date": "2024-04-05",
        "close": 222.594458,
        "volume": 4862843,
        "typical_volume": 5443703.25,
        "trend": 190.511541,
        "fair_value": 178.159191,
        "relative_strength": 6.234332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.979731,
        "energy": 67.487353,
        "activity_lines": [
          223.186281,
          219.814269,
          210.312504,
          201.922106
        ]
      },
      {
        "date": "2024-04-12",
        "close": 216.671638,
        "volume": 5681816,
        "typical_volume": 5597547.55,
        "trend": 191.984702,
        "fair_value": 178.197767,
        "relative_strength": 4.775399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.454181,
        "energy": 64.38456,
        "activity_lines": [
          221.32877,
          220.122,
          211.635526,
          203.609854
        ]
      },
      {
        "date": "2024-04-19",
        "close": 213.221546,
        "volume": 7121111,
        "typical_volume": 5666525.55,
        "trend": 193.519299,
        "fair_value": 178.192262,
        "relative_strength": 6.188944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.803176,
        "energy": 51.903632,
        "activity_lines": [
          218.400267,
          219.396269,
          212.46495,
          204.979973
        ]
      },
      {
        "date": "2024-04-26",
        "close": 216.094993,
        "volume": 4635246,
        "typical_volume": 5616667.8,
        "trend": 195.23328,
        "fair_value": 178.221273,
        "relative_strength": 4.699567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.95315,
        "energy": 39.626982,
        "activity_lines": [
          216.949209,
          218.909633,
          213.443335,
          206.43647
        ]
      },
      {
        "date": "2024-05-03",
        "close": 222.350118,
        "volume": 6656395,
        "typical_volume": 5540370.4,
        "trend": 197.151228,
        "fair_value": 178.264299,
        "relative_strength": 6.979207,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.778887,
        "energy": 38.104192,
        "activity_lines": [
          218.115529,
          219.449106,
          214.877764,
          208.185943
        ]
      },
      {
        "date": "2024-05-10",
        "close": 228.233844,
        "volume": 5053976,
        "typical_volume": 5557524.55,
        "trend": 199.424402,
        "fair_value": 178.371486,
        "relative_strength": 7.678086,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.098488,
        "energy": 52.599849,
        "activity_lines": [
          221.464627,
          220.956806,
          216.724652,
          210.191273
        ]
      },
      {
        "date": "2024-05-17",
        "close": 228.370675,
        "volume": 4640322,
        "typical_volume": 5669502.1,
        "trend": 201.854435,
        "fair_value": 178.538973,
        "relative_strength": 5.886264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.19805,
        "energy": 65.299118,
        "activity_lines": [
          224.483376,
          222.337056,
          218.415196,
          212.058775
        ]
      },
      {
        "date": "2024-05-24",
        "close": 229.005961,
        "volume": 3328241,
        "typical_volume": 5641511.85,
        "trend": 204.38633,
        "fair_value": 178.70545,
        "relative_strength": 5.968085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.261092,
        "energy": 84.451287,
        "activity_lines": [
          226.933951,
          223.641659,
          219.999607,
          213.810486
        ]
      },
      {
        "date": "2024-05-31",
        "close": 226.943724,
        "volume": 4939231,
        "typical_volume": 5695077.25,
        "trend": 206.287927,
        "fair_value": 178.856408,
        "relative_strength": 5.258781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.187101,
        "energy": 80.358709,
        "activity_lines": [
          227.64482,
          224.426037,
          221.203559,
          215.265802
        ]
      },
      {
        "date": "2024-06-07",
        "close": 233.775493,
        "volume": 5993521,
        "typical_volume": 5692510.75,
        "trend": 208.315826,
        "fair_value": 179.056968,
        "relative_strength": 6.913238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.968191,
        "energy": 83.477158,
        "activity_lines": [
          229.909696,
          226.400488,
          222.90096,
          217.039193
        ]
      },
      {
        "date": "2024-06-14",
        "close": 234.616025,
        "volume": 4300262,
        "typical_volume": 5685971.85,
        "trend": 210.162739,
        "fair_value": 179.317551,
        "relative_strength": 5.433045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.597385,
        "energy": 65.923329,
        "activity_lines": [
          231.693058,
          228.380448,
          224.493094,
          218.73598
        ]
      },
      {
        "date": "2024-06-21",
        "close": 239.025536,
        "volume": 8131917,
        "typical_volume": 5794280.85,
        "trend": 212.062989,
        "fair_value": 179.591419,
        "relative_strength": 6.555149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.024657,
        "energy": 68.021711,
        "activity_lines": [
          234.520778,
          230.943564,
          226.309453,
          220.598096
        ]
      },
      {
        "date": "2024-06-28",
        "close": 233.157414,
        "volume": 5219128,
        "typical_volume": 5748015.5,
        "trend": 213.600432,
        "fair_value": 179.807536,
        "relative_strength": 3.924221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.315156,
        "energy": 59.614807,
        "activity_lines": [
          234.682133,
          232.033313,
          227.354118,
          221.959027
        ]
      },
      {
        "date": "2024-07-05",
        "close": 233.343549,
        "volume": 3769857,
        "typical_volume": 5427972.7,
        "trend": 215.153153,
        "fair_value": 180.012959,
        "relative_strength": 2.007048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.894308,
        "energy": 55.565316,
        "activity_lines": [
          234.62877,
          232.794435,
          228.247367,
          223.232776
        ]
      },
      {
        "date": "2024-07-12",
        "close": 241.112197,
        "volume": 5106084,
        "typical_volume": 5441223.55,
        "trend": 216.813827,
        "fair_value": 180.252897,
        "relative_strength": 4.307142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.04856,
        "energy": 62.221328,
        "activity_lines": [
          236.738301,
          234.654428,
          229.769231,
          224.907553
        ]
      },
      {
        "date": "2024-07-19",
        "close": 238.222221,
        "volume": 3745769,
        "typical_volume": 5300158.5,
        "trend": 218.332398,
        "fair_value": 180.45848,
        "relative_strength": 5.010475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.203187,
        "energy": 54.407789,
        "activity_lines": [
          237.395394,
          235.647843,
          230.899922,
          226.28874
        ]
      },
      {
        "date": "2024-07-26",
        "close": 240.250102,
        "volume": 4393138,
        "typical_volume": 5291297.4,
        "trend": 219.894841,
        "fair_value": 180.659232,
        "relative_strength": 6.559322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.691329,
        "energy": 55.762309,
        "activity_lines": [
          238.488033,
          236.828356,
          232.136285,
          227.702785
        ]
      },
      {
        "date": "2024-08-02",
        "close": 232.373692,
        "volume": 9490913,
        "typical_volume": 5360239.35,
        "trend": 221.29548,
        "fair_value": 180.81665,
        "relative_strength": 5.12906,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.887308,
        "energy": 42.257025,
        "activity_lines": [
          236.873565,
          236.360805,
          232.515881,
          228.507873
        ]
      },
      {
        "date": "2024-08-09",
        "close": 233.098635,
        "volume": 5994424,
        "typical_volume": 5353116.0,
        "trend": 222.601018,
        "fair_value": 180.967011,
        "relative_strength": 5.289065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.241129,
        "energy": 29.4476,
        "activity_lines": [
          235.552993,
          235.96383,
          232.910435,
          229.269366
        ]
      },
      {
        "date": "2024-08-16",
        "close": 235.763291,
        "volume": 4386884,
        "typical_volume": 5372553.9,
        "trend": 223.964505,
        "fair_value": 181.131541,
        "relative_strength": 2.294879,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.38227,
        "energy": 24.529625,
        "activity_lines": [
          235.136966,
          235.939431,
          233.51582,
          230.118545
        ]
      },
      {
        "date": "2024-08-23",
        "close": 242.199612,
        "volume": 3563974,
        "typical_volume": 5307610.45,
        "trend": 225.587383,
        "fair_value": 181.31956,
        "relative_strength": 3.493026,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.295932,
        "energy": 32.848929,
        "activity_lines": [
          237.222974,
          237.049131,
          234.68614,
          231.295004
        ]
      },
      {
        "date": "2024-08-30",
        "close": 248.028547,
        "volume": 4265206,
        "typical_volume": 5236779.95,
        "trend": 227.37726,
        "fair_value": 181.544033,
        "relative_strength": 5.487454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.246097,
        "energy": 46.556089,
        "activity_lines": [
          240.986801,
          239.080753,
          236.318238,
          232.742821
        ]
      },
      {
        "date": "2024-09-06",
        "close": 240.063968,
        "volume": 3364156,
        "typical_volume": 5048932.2,
        "trend": 228.791485,
        "fair_value": 181.713207,
        "relative_strength": 6.297394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.961821,
        "energy": 47.604445,
        "activity_lines": [
          241.577205,
          239.500579,
          237.042487,
          233.561318
        ]
      },
      {
        "date": "2024-09-13",
        "close": 245.442263,
        "volume": 4248695,
        "typical_volume": 5029604.65,
        "trend": 229.973567,
        "fair_value": 181.959511,
        "relative_strength": 4.282857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.475464,
        "energy": 60.251928,
        "activity_lines": [
          243.44769,
          240.772702,
          238.151133,
          234.635562
        ]
      },
      {
        "date": "2024-09-20",
        "close": 246.884538,
        "volume": 5741804,
        "typical_volume": 4983875.1,
        "trend": 230.977542,
        "fair_value": 182.182058,
        "relative_strength": 3.233363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.39474,
        "energy": 64.311998,
        "activity_lines": [
          244.976023,
          242.087082,
          239.257389,
          235.726592
        ]
      },
      {
        "date": "2024-09-27",
        "close": 249.977468,
        "volume": 4587509,
        "typical_volume": 4960551.75,
        "trend": 231.981597,
        "fair_value": 182.48594,
        "relative_strength": 3.715036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.591217,
        "energy": 61.308184,
        "activity_lines": [
          246.793918,
          243.85886,
          240.54138,
          236.952394
        ]
      },
      {
        "date": "2024-10-04",
        "close": 246.472147,
        "volume": 3966538,
        "typical_volume": 4926862.55,
        "trend": 232.935428,
        "fair_value": 182.758782,
        "relative_strength": 1.799669,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.368362,
        "energy": 52.451202,
        "activity_lines": [
          246.924848,
          244.779576,
          241.38799,
          237.887268
        ]
      },
      {
        "date": "2024-10-11",
        "close": 249.398157,
        "volume": 3485954,
        "typical_volume": 4934748.2,
        "trend": 233.8815,
        "fair_value": 183.019079,
        "relative_strength": 1.583724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.884983,
        "energy": 49.747687,
        "activity_lines": [
          248.134874,
          246.119165,
          242.42707,
          238.94938
        ]
      },
      {
        "date": "2024-10-18",
        "close": 256.723001,
        "volume": 3826938,
        "typical_volume": 4879133.55,
        "trend": 234.969599,
        "fair_value": 183.318794,
        "relative_strength": 3.365953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.525735,
        "energy": 59.707216,
        "activity_lines": [
          251.164237,
          248.481008,
          244.066648,
          240.423025
        ]
      },
      {
        "date": "2024-10-25",
        "close": 248.897397,
        "volume": 3500329,
        "typical_volume": 4754473.95,
        "trend": 235.74374,
        "fair_value": 183.563665,
        "relative_strength": 0.937499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.676171,
        "energy": 43.89792,
        "activity_lines": [
          250.833015,
          248.99048,
          244.819124,
          241.321593
        ]
      },
      {
        "date": "2024-11-01",
        "close": 240.139005,
        "volume": 7609916,
        "typical_volume": 4919956.65,
        "trend": 236.328559,
        "fair_value": 183.700973,
        "relative_strength": -1.358666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.551092,
        "energy": 30.074736,
        "activity_lines": [
          247.448138,
          247.668716,
          244.665459,
          241.605158
        ]
      },
      {
        "date": "2024-11-08",
        "close": 245.509902,
        "volume": 5028122,
        "typical_volume": 4764766.9,
        "trend": 237.289834,
        "fair_value": 183.842382,
        "relative_strength": -3.784324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.902367,
        "energy": 24.343268,
        "activity_lines": [
          246.509459,
          247.360944,
          244.997008,
          242.197503
        ]
      },
      {
        "date": "2024-11-15",
        "close": 240.796866,
        "volume": 5053505,
        "typical_volume": 4756485.75,
        "trend": 238.209011,
        "fair_value": 183.958502,
        "relative_strength": -3.662623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.526466,
        "energy": 18.248663,
        "activity_lines": [
          244.063917,
          246.242049,
          244.848819,
          242.423763
        ]
      },
      {
        "date": "2024-11-22",
        "close": 240.855779,
        "volume": 6470619,
        "typical_volume": 4891523.85,
        "trend": 239.034371,
        "fair_value": 184.127452,
        "relative_strength": -5.215165,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.327693,
        "energy": 18.907037,
        "activity_lines": [
          242.211431,
          245.120541,
          244.669862,
          242.594522
        ]
      },
      {
        "date": "2024-11-29",
        "close": 244.262912,
        "volume": 4488264,
        "typical_volume": 4860632.85,
        "trend": 239.764797,
        "fair_value": 184.351062,
        "relative_strength": -4.965171,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.471796,
        "energy": 12.455687,
        "activity_lines": [
          242.552472,
          244.701902,
          244.779621,
          242.931847
        ]
      },
      {
        "date": "2024-12-06",
        "close": 245.804467,
        "volume": 4352129,
        "typical_volume": 4890950.85,
        "trend": 240.350485,
        "fair_value": 184.516604,
        "relative_strength": -5.163436,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.733665,
        "energy": 11.918778,
        "activity_lines": [
          243.71633,
          244.611212,
          245.021192,
          243.321504
        ]
      },
      {
        "date": "2024-12-13",
        "close": 245.667004,
        "volume": 5638211,
        "typical_volume": 4953204.5,
        "trend": 240.927029,
        "fair_value": 184.718116,
        "relative_strength": -4.630878,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.832027,
        "energy": 9.125924,
        "activity_lines": [
          244.45667,
          244.571401,
          245.213565,
          243.664505
        ]
      },
      {
        "date": "2024-12-20",
        "close": 234.590577,
        "volume": 8353912,
        "typical_volume": 4896354.45,
        "trend": 241.113183,
        "fair_value": 184.831631,
        "relative_strength": -7.164116,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -5.752905,
        "energy": 7.657063,
        "activity_lines": [
          241.494394,
          242.532334,
          244.325245,
          243.255701
        ]
      },
      {
        "date": "2024-12-27",
        "close": 234.068805,
        "volume": 2451875,
        "typical_volume": 4719227.0,
        "trend": 241.350686,
        "fair_value": 184.903121,
        "relative_strength": -7.894145,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.657977,
        "energy": 31.710074,
        "activity_lines": [
          238.771946,
          240.667627,
          243.376677,
          242.801225
        ]
      },
      {
        "date": "2025-01-03",
        "close": 228.329315,
        "volume": 3445395,
        "typical_volume": 4672152.55,
        "trend": 241.169146,
        "fair_value": 184.966571,
        "relative_strength": -9.581103,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -43.55865,
        "energy": 56.115267,
        "activity_lines": [
          234.5888,
          238.171271,
          241.87687,
          241.961137
        ]
      },
      {
        "date": "2025-01-10",
        "close": 226.153625,
        "volume": 4642049,
        "typical_volume": 4726056.3,
        "trend": 240.887066,
        "fair_value": 185.100377,
        "relative_strength": -8.582072,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.943405,
        "energy": 67.223842,
        "activity_lines": [
          230.742664,
          235.653301,
          240.205254,
          240.992394
        ]
      },
      {
        "date": "2025-01-17",
        "close": 233.734083,
        "volume": 7032636,
        "typical_volume": 4864427.8,
        "trend": 240.710685,
        "fair_value": 185.410327,
        "relative_strength": -8.145479,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.012884,
        "energy": 68.458941,
        "activity_lines": [
          230.733403,
          234.767875,
          239.331997,
          240.530911
        ]
      },
      {
        "date": "2025-01-24",
        "close": 238.302048,
        "volume": 4061567,
        "typical_volume": 4899298.35,
        "trend": 240.882172,
        "fair_value": 185.80438,
        "relative_strength": -7.908559,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.173919,
        "energy": 54.741977,
        "activity_lines": [
          233.042325,
          234.927094,
          238.961853,
          240.375515
        ]
      },
      {
        "date": "2025-01-31",
        "close": 246.305831,
        "volume": 5625560,
        "typical_volume": 4968141.6,
        "trend": 241.314248,
        "fair_value": 186.241273,
        "relative_strength": -3.891122,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.561907,
        "energy": 13.947215,
        "activity_lines": [
          237.771744,
          236.586907,
          239.362363,
          240.725428
        ]
      },
      {
        "date": "2025-02-07",
        "close": 243.559145,
        "volume": 5295116,
        "typical_volume": 4945807.2,
        "trend": 241.395813,
        "fair_value": 186.679198,
        "relative_strength": -4.822697,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.467147,
        "energy": 19.273431,
        "activity_lines": [
          240.769799,
          237.64823,
          239.497173,
          240.87026
        ]
      },
      {
        "date": "2025-02-14",
        "close": 260.629944,
        "volume": 9435963,
        "typical_volume": 5188229.9,
        "trend": 242.142738,
        "fair_value": 187.261758,
        "relative_strength": 0.348692,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.377541,
        "energy": 39.602759,
        "activity_lines": [
          248.442798,
          241.826131,
          241.273608,
          242.111172
        ]
      },
      {
        "date": "2025-02-21",
        "close": 260.58072,
        "volume": 4020584,
        "typical_volume": 5190932.2,
        "trend": 242.820425,
        "fair_value": 187.833892,
        "relative_strength": 1.952523,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 69.123536,
        "energy": 67.93048,
        "activity_lines": [
          253.800968,
          245.725527,
          242.994629,
          243.300719
        ]
      },
      {
        "date": "2025-02-28",
        "close": 264.833653,
        "volume": 7016678,
        "typical_volume": 5367468.4,
        "trend": 243.902424,
        "fair_value": 188.50754,
        "relative_strength": 4.566554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.15129,
        "energy": 83.382528,
        "activity_lines": [
          258.787007,
          250.127026,
          245.053507,
          244.720928
        ]
      },
      {
        "date": "2025-03-07",
        "close": 265.079771,
        "volume": 7191369,
        "typical_volume": 5535689.95,
        "trend": 244.968461,
        "fair_value": 189.239172,
        "relative_strength": 7.840691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.42454,
        "energy": 84.242347,
        "activity_lines": [
          262.086311,
          254.0234,
          247.062323,
          246.087208
        ]
      },
      {
        "date": "2025-03-14",
        "close": 247.063877,
        "volume": 10005247,
        "typical_volume": 5860935.85,
        "trend": 245.345148,
        "fair_value": 189.777233,
        "relative_strength": 2.846734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.658002,
        "energy": 62.112364,
        "activity_lines": [
          258.128721,
          254.08032,
          247.315545,
          246.222396
        ]
      },
      {
        "date": "2025-03-21",
        "close": 247.736354,
        "volume": 9693216,
        "typical_volume": 5965100.85,
        "trend": 245.529706,
        "fair_value": 190.280196,
        "relative_strength": 2.586364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.995566,
        "energy": 38.37153,
        "activity_lines": [
          254.161641,
          253.918881,
          247.641544,
          246.376668
        ]
      },
      {
        "date": "2025-03-28",
        "close": 246.265728,
        "volume": 5434109,
        "typical_volume": 5985400.2,
        "trend": 245.470945,
        "fair_value": 190.756745,
        "relative_strength": 3.475132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.646955,
        "energy": 19.366835,
        "activity_lines": [
          250.563925,
          253.097642,
          247.791305,
          246.424153
        ]
      },
      {
        "date": "2025-04-04",
        "close": 234.678378,
        "volume": 7916242,
        "typical_volume": 6128537.05,
        "trend": 245.291425,
        "fair_value": 191.143252,
        "relative_strength": 8.294038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -14.527257,
        "energy": 23.785438,
        "activity_lines": [
          244.058093,
          249.941764,
          246.83391,
          245.727858
        ]
      },
      {
        "date": "2025-04-11",
        "close": 232.260235,
        "volume": 9162001,
        "typical_volume": 6263106.15,
        "trend": 244.852024,
        "fair_value": 191.553057,
        "relative_strength": 1.400356,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -17.95148,
        "energy": 28.158002,
        "activity_lines": [
          238.756564,
          246.412109,
          245.675352,
          244.887136
        ]
      },
      {
        "date": "2025-04-18",
        "close": 235.625896,
        "volume": 5991118,
        "typical_volume": 6338248.85,
        "trend": 244.476736,
        "fair_value": 191.992992,
        "relative_strength": 4.287322,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -31.618148,
        "energy": 34.944721,
        "activity_lines": [
          236.764891,
          243.749766,
          244.878264,
          244.291902
        ]
      },
      {
        "date": "2025-04-25",
        "close": 235.043567,
        "volume": 5255475,
        "typical_volume": 6383416.15,
        "trend": 243.97894,
        "fair_value": 192.464998,
        "relative_strength": -0.53154,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.51173,
        "energy": 38.882069,
        "activity_lines": [
          235.341641,
          241.125786,
          244.066844,
          243.683311
        ]
      },
      {
        "date": "2025-05-02",
        "close": 252.059403,
        "volume": 8515998,
        "typical_volume": 6527305.5,
        "trend": 244.165182,
        "fair_value": 193.071376,
        "relative_strength": 3.615351,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -1.129343,
        "energy": 12.458315,
        "activity_lines": [
          240.436521,
          242.060802,
          244.927222,
          244.204631
        ]
      },
      {
        "date": "2025-05-09",
        "close": 249.38464,
        "volume": 5006326,
        "typical_volume": 6359926.2,
        "trend": 244.164731,
        "fair_value": 193.680222,
        "relative_strength": 2.964014,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.908027,
        "energy": 6.959874,
        "activity_lines": [
          244.253569,
          242.66443,
          245.502422,
          244.54137
        ]
      },
      {
        "date": "2025-05-16",
        "close": 255.721163,
        "volume": 6300588,
        "typical_volume": 6552361.85,
        "trend": 244.131336,
        "fair_value": 194.344962,
        "relative_strength": 0.30351,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.50428,
        "energy": 29.942115,
        "activity_lines": [
          249.202374,
          244.701044,
          246.610651,
          245.286946
        ]
      },
      {
        "date": "2025-05-23",
        "close": 257.705028,
        "volume": 4894378,
        "typical_volume": 6624811.0,
        "trend": 244.424924,
        "fair_value": 194.982458,
        "relative_strength": 3.683185,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.789094,
        "energy": 40.248502,
        "activity_lines": [
          253.248406,
          247.268517,
          247.804714,
          246.162668
        ]
      },
      {
        "date": "2025-05-30",
        "close": 262.166257,
        "volume": 5213618,
        "typical_volume": 6653389.45,
        "trend": 245.159166,
        "fair_value": 195.621485,
        "relative_strength": 3.596509,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.704799,
        "energy": 65.24866,
        "activity_lines": [
          257.309571,
          250.453648,
          249.283772,
          247.307271
        ]
      },
      {
        "date": "2025-06-06",
        "close": 263.587533,
        "volume": 4927613,
        "typical_volume": 6548138.3,
        "trend": 245.761753,
        "fair_value": 196.341232,
        "relative_strength": 2.478683,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.183234,
        "energy": 71.299375,
        "activity_lines": [
          260.036316,
          253.63483,
          250.7267,
          248.496197
        ]
      },
      {
        "date": "2025-06-13",
        "close": 260.77459,
        "volume": 6618917,
        "typical_volume": 6676005.8,
        "trend": 246.427678,
        "fair_value": 197.104416,
        "relative_strength": 1.752706,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.58512,
        "energy": 69.716477,
        "activity_lines": [
          261.056871,
          255.989627,
          251.75957,
          249.464768
        ]
      },
      {
        "date": "2025-06-20",
        "close": 258.474616,
        "volume": 5366852,
        "typical_volume": 6663070.4,
        "trend": 247.014972,
        "fair_value": 197.782471,
        "relative_strength": 1.060357,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.972914,
        "energy": 61.188355,
        "activity_lines": [
          260.551439,
          257.451769,
          252.466382,
          250.241989
        ]
      },
      {
        "date": "2025-06-27",
        "close": 264.629009,
        "volume": 8904993,
        "typical_volume": 6843564.25,
        "trend": 247.693842,
        "fair_value": 198.512116,
        "relative_strength": 0.010546,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.590737,
        "energy": 52.980391,
        "activity_lines": [
          261.913907,
          259.556267,
          253.70138,
          251.378379
        ]
      },
      {
        "date": "2025-07-04",
        "close": 271.198972,
        "volume": 4100125,
        "typical_volume": 6576772.35,
        "trend": 248.540326,
        "fair_value": 199.296507,
        "relative_strength": 0.749166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.824654,
        "energy": 64.250782,
        "activity_lines": [
          265.004764,
          262.327975,
          255.461757,
          252.894839
        ]
      },
      {
        "date": "2025-07-11",
        "close": 264.144178,
        "volume": 5278096,
        "typical_volume": 6639647.95,
        "trend": 249.156231,
        "fair_value": 200.038311,
        "relative_strength": -1.546696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.497252,
        "energy": 52.69267,
        "activity_lines": [
          265.141842,
          263.159622,
          256.49992,
          253.901539
        ]
      },
      {
        "date": "2025-07-18",
        "close": 265.915297,
        "volume": 5244129,
        "typical_volume": 6551020.5,
        "trend": 250.200389,
        "fair_value": 200.743585,
        "relative_strength": -1.443213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.99398,
        "energy": 56.738511,
        "activity_lines": [
          265.832183,
          264.093567,
          257.689792,
          254.982769
        ]
      },
      {
        "date": "2025-07-25",
        "close": 268.883654,
        "volume": 5153395,
        "typical_volume": 6449121.8,
        "trend": 251.360884,
        "fair_value": 201.45452,
        "relative_strength": -1.723526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.407132,
        "energy": 62.690588,
        "activity_lines": [
          267.169263,
          265.266656,
          259.157213,
          256.188141
        ]
      },
      {
        "date": "2025-08-01",
        "close": 258.256937,
        "volume": 8027861,
        "typical_volume": 6350252.5,
        "trend": 252.358471,
        "fair_value": 202.089182,
        "relative_strength": -3.159404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.973652,
        "energy": 36.342223,
        "activity_lines": [
          264.270168,
          264.268297,
          259.594453,
          256.633048
        ]
      },
      {
        "date": "2025-08-08",
        "close": 269.991841,
        "volume": 4302942,
        "typical_volume": 6080738.8,
        "trend": 253.819745,
        "fair_value": 202.752531,
        "relative_strength": -1.131079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.684528,
        "energy": 41.419966,
        "activity_lines": [
          265.707512,
          265.393521,
          261.096003,
          257.770684
        ]
      },
      {
        "date": "2025-08-15",
        "close": 277.867881,
        "volume": 5955460,
        "typical_volume": 6106806.35,
        "trend": 255.290872,
        "fair_value": 203.480531,
        "relative_strength": 0.757528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.406365,
        "energy": 51.994895,
        "activity_lines": [
          269.850679,
          267.80847,
          263.241673,
          259.322177
        ]
      },
      {
        "date": "2025-08-22",
        "close": 280.737292,
        "volume": 5756792,
        "typical_volume": 5998833.85,
        "trend": 256.70538,
        "fair_value": 204.2669,
        "relative_strength": 1.508343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.5978,
        "energy": 65.123019,
        "activity_lines": [
          274.035402,
          270.485487,
          265.510134,
          260.963882
        ]
      },
      {
        "date": "2025-08-29",
        "close": 274.117857,
        "volume": 5652918,
        "typical_volume": 5823379.7,
        "trend": 257.632447,
        "fair_value": 205.033031,
        "relative_strength": -0.753732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.811998,
        "energy": 70.630943,
        "activity_lines": [
          275.025514,
          271.596013,
          266.928844,
          262.087267
        ]
      },
      {
        "date": "2025-09-05",
        "close": 270.674563,
        "volume": 5185664,
        "typical_volume": 5783107.0,
        "trend": 258.536294,
        "fair_value": 205.709647,
        "relative_strength": -2.193233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.330381,
        "energy": 65.274343,
        "activity_lines": [
          274.518915,
          271.796062,
          267.820299,
          262.928694
        ]
      },
      {
        "date": "2025-09-12",
        "close": 269.744478,
        "volume": 6393797,
        "typical_volume": 5840023.1,
        "trend": 258.840112,
        "fair_value": 206.472268,
        "relative_strength": -3.899572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.439424,
        "energy": 42.068878,
        "activity_lines": [
          272.874445,
          271.717086,
          268.456277,
          263.651803
        ]
      },
      {
        "date": "2025-09-19",
        "close": 263.326391,
        "volume": 8530076,
        "typical_volume": 5840727.0,
        "trend": 258.931635,
        "fair_value": 207.242206,
        "relative_strength": -7.151664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.899359,
        "energy": 19.179442,
        "activity_lines": [
          269.107104,
          270.49763,
          268.315766,
          263.94124
        ]
      },
      {
        "date": "2025-09-26",
        "close": 268.801612,
        "volume": 7759663,
        "typical_volume": 5978393.85,
        "trend": 259.0639,
        "fair_value": 208.07701,
        "relative_strength": -4.795192,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.432622,
        "energy": 19.694911,
        "activity_lines": [
          268.134269,
          270.288538,
          268.643052,
          264.578013
        ]
      },
      {
        "date": "2025-10-03",
        "close": 274.346265,
        "volume": 7371556,
        "typical_volume": 6031942.25,
        "trend": 259.372783,
        "fair_value": 208.952955,
        "relative_strength": -3.794191,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.625758,
        "energy": 20.576754,
        "activity_lines": [
          269.805364,
          271.035086,
          269.405938,
          265.563972
        ]
      },
      {
        "date": "2025-10-10",
        "close": 269.872851,
        "volume": 5042632,
        "typical_volume": 6039354.95,
        "trend": 260.133082,
        "fair_value": 209.824703,
        "relative_strength": -2.919124,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.726663,
        "energy": 15.60457,
        "activity_lines": [
          269.970094,
          270.868966,
          269.654094,
          266.241396
        ]
      },
      {
        "date": "2025-10-17",
        "close": 274.504967,
        "volume": 6288127,
        "typical_volume": 6093080.4,
        "trend": 261.025369,
        "fair_value": 210.686903,
        "relative_strength": -2.805297,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.966095,
        "energy": 29.76773,
        "activity_lines": [
          271.73231,
          271.33385,
          270.285462,
          267.168614
        ]
      },
      {
        "date": "2025-10-24",
        "close": 274.981073,
        "volume": 8213638,
        "typical_volume": 6257381.65,
        "trend": 261.982547,
        "fair_value": 211.479208,
        "relative_strength": -4.359934,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.093676,
        "energy": 33.090154,
        "activity_lines": [
          273.335862,
          271.803242,
          270.903418,
          268.068982
        ]
      },
      {
        "date": "2025-10-31",
        "close": 254.320049,
        "volume": 8732649,
        "typical_volume": 6363068.25,
        "trend": 262.63727,
        "fair_value": 212.280659,
        "relative_strength": -11.95938,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.958881,
        "energy": 5.895397,
        "activity_lines": [
          267.275427,
          268.568572,
          269.499402,
          267.574627
        ]
      },
      {
        "date": "2025-11-07",
        "close": 254.052239,
        "volume": 8617177,
        "typical_volume": 6525584.5,
        "trend": 263.36367,
        "fair_value": 212.951659,
        "relative_strength": -10.449,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.700717,
        "energy": 30.612958,
        "activity_lines": [
          262.09116,
          265.765523,
          268.100616,
          267.020754
        ]
      },
      {
        "date": "2025-11-14",
        "close": 256.482365,
        "volume": 5447466,
        "typical_volume": 6352708.15,
        "trend": 264.058886,
        "fair_value": 213.684798,
        "relative_strength": -9.580267,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.36584,
        "energy": 44.607706,
        "activity_lines": [
          259.069869,
          263.769144,
          266.95433,
          266.576799
        ]
      },
      {
        "date": "2025-11-21",
        "close": 264.903493,
        "volume": 7641078,
        "typical_volume": 6529755.8,
        "trend": 265.054216,
        "fair_value": 214.466752,
        "relative_strength": -4.751427,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.217586,
        "energy": 33.569276,
        "activity_lines": [
          259.748321,
          263.561919,
          266.648849,
          266.63129
        ]
      },
      {
        "date": "2025-11-28",
        "close": 272.927865,
        "volume": 6559078,
        "typical_volume": 6593804.9,
        "trend": 265.749832,
        "fair_value": 215.285321,
        "relative_strength": -5.317146,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -5.816145,
        "energy": 16.242529,
        "activity_lines": [
          263.741661,
          264.901689,
          267.137573,
          267.139267
        ]
      },
      {
        "date": "2025-12-05",
        "close": 257.58336,
        "volume": 8132370,
        "typical_volume": 6738216.95,
        "trend": 266.023123,
        "fair_value": 216.01174,
        "relative_strength": -10.80328,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -30.099684,
        "energy": 16.356881,
        "activity_lines": [
          262.757047,
          263.276977,
          266.123088,
          266.612398
        ]
      },
      {
        "date": "2025-12-12",
        "close": 261.461642,
        "volume": 7295008,
        "typical_volume": 6845297.6,
        "trend": 266.214472,
        "fair_value": 216.801769,
        "relative_strength": -8.821784,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -10.807945,
        "energy": 7.197087,
        "activity_lines": [
          262.84764,
          262.561375,
          265.51764,
          266.318109
        ]
      },
      {
        "date": "2025-12-19",
        "close": 262.187128,
        "volume": 9188207,
        "typical_volume": 6903314.9,
        "trend": 266.363875,
        "fair_value": 217.590099,
        "relative_strength": -8.611383,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.91123,
        "energy": 15.915911,
        "activity_lines": [
          262.686101,
          262.211945,
          265.016628,
          266.05828
        ]
      },
      {
        "date": "2025-12-26",
        "close": 264.335632,
        "volume": 3096336,
        "typical_volume": 6842984.6,
        "trend": 266.436188,
        "fair_value": 218.385903,
        "relative_strength": -9.097355,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.145903,
        "energy": 20.15088,
        "activity_lines": [
          262.860412,
          262.392893,
          264.701521,
          265.927426
        ]
      },
      {
        "date": "2026-01-02",
        "close": 261.242184,
        "volume": 3793401,
        "typical_volume": 6734881.65,
        "trend": 266.358009,
        "fair_value": 219.1378,
        "relative_strength": -9.189718,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.803103,
        "energy": 22.964486,
        "activity_lines": [
          262.041432,
          262.196293,
          264.118733,
          265.592329
        ]
      },
      {
        "date": "2026-01-09",
        "close": 270.283806,
        "volume": 6181022,
        "typical_volume": 6756093.15,
        "trend": 266.674983,
        "fair_value": 219.916972,
        "relative_strength": -7.502252,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.126409,
        "energy": 10.650045,
        "activity_lines": [
          265.015371,
          263.893422,
          264.476223,
          265.845606
        ]
      },
      {
        "date": "2026-01-16",
        "close": 275.595385,
        "volume": 5467782,
        "typical_volume": 6746836.35,
        "trend": 267.245676,
        "fair_value": 220.739762,
        "relative_strength": -5.367718,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.209856,
        "energy": 16.35373,
        "activity_lines": [
          268.91314,
          266.266043,
          265.389356,
          266.421116
        ]
      },
      {
        "date": "2026-01-23",
        "close": 280.399679,
        "volume": 4330651,
        "typical_volume": 6704085.7,
        "trend": 267.771365,
        "fair_value": 221.596745,
        "relative_strength": -3.423922,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.10209,
        "energy": 37.456911,
        "activity_lines": [
          273.47009,
          269.120478,
          266.753005,
          267.269761
        ]
      },
      {
        "date": "2026-01-30",
        "close": 280.4892,
        "volume": 5884540,
        "typical_volume": 6678622.85,
        "trend": 268.081039,
        "fair_value": 222.448375,
        "relative_strength": -3.737342,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.298306,
        "energy": 55.862187,
        "activity_lines": [
          276.842711,
          271.556329,
          268.078869,
          268.090267
        ]
      },
      {
        "date": "2026-02-06",
        "close": 288.784813,
        "volume": 6822562,
        "typical_volume": 6593247.15,
        "trend": 268.902393,
        "fair_value": 223.398065,
        "relative_strength": -0.732831,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.003189,
        "energy": 77.25989,
        "activity_lines": [
          281.903632,
          275.217098,
          270.143626,
          269.425994
        ]
      },
      {
        "date": "2026-02-13",
        "close": 297.577765,
        "volume": 8586733,
        "typical_volume": 6634600.65,
        "trend": 269.957809,
        "fair_value": 224.302931,
        "relative_strength": 3.601538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.463491,
        "energy": 83.723157,
        "activity_lines": [
          288.059361,
          280.188276,
          272.924577,
          271.276018
        ]
      },
      {
        "date": "2026-02-20",
        "close": 302.541208,
        "volume": 5031374,
        "typical_volume": 6517591.55,
        "trend": 271.079727,
        "fair_value": 225.263261,
        "relative_strength": 4.159088,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.578642,
        "energy": 90.082118,
        "activity_lines": [
          294.049975,
          285.334728,
          276.041208,
          273.378173
        ]
      },
      {
        "date": "2026-02-27",
        "close": 306.708908,
        "volume": 6319325,
        "typical_volume": 6581426.2,
        "trend": 272.694793,
        "fair_value": 226.220549,
        "relative_strength": 6.142007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.143682,
        "energy": 93.010418,
        "activity_lines": [
          299.633433,
          290.492042,
          279.420501,
          275.67683
        ]
      },
      {
        "date": "2026-03-06",
        "close": 281.185475,
        "volume": 7885348,
        "typical_volume": 6661287.25,
        "trend": 273.067914,
        "fair_value": 227.047131,
        "relative_strength": -0.505531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.757618,
        "energy": 73.936878,
        "activity_lines": [
          294.955132,
          290.199245,
          280.19358,
          276.224616
        ]
      },
      {
        "date": "2026-03-13",
        "close": 272.720766,
        "volume": 8392372,
        "typical_volume": 6670223.95,
        "trend": 272.896344,
        "fair_value": 227.840999,
        "relative_strength": -1.885342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.633558,
        "energy": 35.677251,
        "activity_lines": [
          287.408842,
          288.06105,
          280.128685,
          276.202219
        ]
      },
      {
        "date": "2026-03-20",
        "close": 255.79817,
        "volume": 9850398,
        "typical_volume": 6726111.4,
        "trend": 272.06504,
        "fair_value": 228.487346,
        "relative_strength": -6.07219,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 1.27044,
        "energy": 15.657489,
        "activity_lines": [
          275.292624,
          282.637317,
          278.462878,
          275.099111
        ]
      },
      {
        "date": "2026-03-27",
        "close": 260.675171,
        "volume": 8661759,
        "typical_volume": 6728340.5,
        "trend": 271.61695,
        "fair_value": 229.13293,
        "relative_strength": -1.928577,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.638896,
        "energy": 33.282508,
        "activity_lines": [
          267.587379,
          278.363687,
          277.254508,
          274.364281
        ]
      },
      {
        "date": "2026-04-03",
        "close": 263.577435,
        "volume": 5456860,
        "typical_volume": 6728810.2,
        "trend": 271.380379,
        "fair_value": 229.787765,
        "relative_strength": -3.82433,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.117373,
        "energy": 36.359935,
        "activity_lines": [
          263.640625,
          274.889017,
          276.291006,
          273.845602
        ]
      },
      {
        "date": "2026-04-10",
        "close": 272.563483,
        "volume": 5911433,
        "typical_volume": 6642327.95,
        "trend": 271.474346,
        "fair_value": 230.516742,
        "relative_strength": -3.832368,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.973083,
        "energy": 32.649863,
        "activity_lines": [
          265.564652,
          273.354034,
          276.149533,
          273.921932
        ]
      },
      {
        "date": "2026-04-17",
        "close": 274.069468,
        "volume": 7993892,
        "typical_volume": 6714068.65,
        "trend": 271.832449,
        "fair_value": 231.247753,
        "relative_strength": -7.19284,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.20395,
        "energy": 21.057771,
        "activity_lines": [
          268.565473,
          272.23697,
          276.115011,
          274.089359
        ]
      },
      {
        "date": "2026-04-24",
        "close": 268.773584,
        "volume": 5369927,
        "typical_volume": 6575946.5,
        "trend": 271.831514,
        "fair_value": 231.93094,
        "relative_strength": -9.238544,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.754123,
        "energy": 13.185134,
        "activity_lines": [
          269.711085,
          270.42457,
          275.570682,
          273.892013
        ]
      },
      {
        "date": "2026-05-01",
        "close": 258.820115,
        "volume": 7382823,
        "typical_volume": 6580337.25,
        "trend": 271.313976,
        "fair_value": 232.514208,
        "relative_strength": -13.047884,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.855964,
        "energy": 17.771851,
        "activity_lines": [
          266.673848,
          267.326161,
          274.025117,
          273.052568
        ]
      },
      {
        "date": "2026-05-08",
        "close": 253.544178,
        "volume": 8291975,
        "typical_volume": 6535525.65,
        "trend": 270.769687,
        "fair_value": 233.060434,
        "relative_strength": -16.37809,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.847059,
        "energy": 26.362793,
        "activity_lines": [
          262.001635,
          264.063419,
          271.989661,
          271.906129
        ]
      },
      {
        "date": "2026-05-15",
        "close": 246.961724,
        "volume": 8466781,
        "typical_volume": 6804047.9,
        "trend": 269.851579,
        "fair_value": 233.557775,
        "relative_strength": -18.333238,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -47.034738,
        "energy": 57.045918,
        "activity_lines": [
          255.804154,
          260.570499,
          269.368461,
          270.370132
        ]
      },
      {
        "date": "2026-05-22",
        "close": 252.646571,
        "volume": 9035355,
        "typical_volume": 7066145.6,
        "trend": 269.107095,
        "fair_value": 234.143345,
        "relative_strength": -16.742796,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.244565,
        "energy": 58.05943,
        "activity_lines": [
          253.208407,
          258.733437,
          267.371408,
          269.260131
        ]
      },
      {
        "date": "2026-05-29",
        "close": 255.319446,
        "volume": 8257018,
        "typical_volume": 7169945.4,
        "trend": 269.140409,
        "fair_value": 234.707703,
        "relative_strength": -16.624796,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -61.009965,
        "energy": 62.700589,
        "activity_lines": [
          252.93181,
          257.747338,
          265.669847,
          268.370605
        ]
      },
      {
        "date": "2026-06-05",
        "close": 257.284209,
        "volume": 8098395,
        "typical_volume": 7301476.05,
        "trend": 269.248141,
        "fair_value": 235.257524,
        "relative_strength": -13.431385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.182829,
        "energy": 53.781834,
        "activity_lines": [
          254.207078,
          257.127173,
          264.226664,
          267.605689
        ]
      },
      {
        "date": "2026-06-12",
        "close": 264.704431,
        "volume": 9603200,
        "typical_volume": 7565103.5,
        "trend": 269.52221,
        "fair_value": 235.823378,
        "relative_strength": -11.078492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.853678,
        "energy": 25.658995,
        "activity_lines": [
          258.058146,
          257.917793,
          263.577365,
          267.312547
        ]
      },
      {
        "date": "2026-06-19",
        "close": 269.12,
        "volume": 9376810,
        "typical_volume": 7739717.0,
        "trend": 269.66276,
        "fair_value": 236.441706,
        "relative_strength": -10.086614,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.385622,
        "energy": 18.204015,
        "activity_lines": [
          262.637054,
          259.490753,
          263.423336,
          267.286598
        ]
      },
      {
        "date": "2026-06-26",
        "close": 283.65,
        "volume": 9670317,
        "typical_volume": 7882104.75,
        "trend": 270.020165,
        "fair_value": 237.100117,
        "relative_strength": -2.709869,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 19.225451,
        "energy": 23.372142,
        "activity_lines": [
          270.582077,
          263.76814,
          264.707255,
          268.189
        ]
      },
      {
        "date": "2026-07-03",
        "close": 283.36,
        "volume": 5714776,
        "typical_volume": 7738506.9,
        "trend": 270.879386,
        "fair_value": 237.777109,
        "relative_strength": -4.603749,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 30.886027,
        "energy": 35.344049,
        "activity_lines": [
          276.363538,
          267.818608,
          265.988007,
          269.049635
        ]
      },
      {
        "date": "2026-07-10",
        "close": 274.31,
        "volume": 5223252,
        "typical_volume": 7748100.8,
        "trend": 271.307664,
        "fair_value": 238.364652,
        "relative_strength": -8.608582,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.520174,
        "energy": 37.786978,
        "activity_lines": [
          277.258962,
          269.958414,
          266.474558,
          269.270965
        ]
      },
      {
        "date": "2026-07-17",
        "close": 272.83,
        "volume": 5113514,
        "typical_volume": 7687810.25,
        "trend": 271.662427,
        "fair_value": 238.938297,
        "relative_strength": -7.400997,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.856337,
        "energy": 33.899713,
        "activity_lines": [
          276.526,
          271.547494,
          266.954591,
          269.36918
        ]
      },
      {
        "date": "2026-07-24",
        "close": 268.75,
        "volume": 5836978,
        "typical_volume": 7585391.75,
        "trend": 271.809572,
        "fair_value": 239.520518,
        "relative_strength": -7.966233,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.241143,
        "energy": 17.959653,
        "activity_lines": [
          273.891333,
          272.044106,
          267.20738,
          269.181281
        ]
      },
      {
        "date": "2026-07-31",
        "close": 277.63,
        "volume": 7739389,
        "typical_volume": 7552742.6,
        "trend": 272.355833,
        "fair_value": 240.166184,
        "relative_strength": -5.73442,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 18.453458,
        "energy": 14.250199,
        "activity_lines": [
          274.241333,
          273.759112,
          268.3651,
          269.556793
        ]
      },
      {
        "date": "2026-08-07",
        "close": 285.17,
        "volume": 6460405,
        "typical_volume": 7383242.95,
        "trend": 272.852039,
        "fair_value": 240.848815,
        "relative_strength": -6.185929,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 28.513655,
        "energy": 21.461825,
        "activity_lines": [
          277.506,
          276.390783,
          270.217538,
          270.383513
        ]
      }
    ],
    "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."
    }
  }
}