{
  "ticker": {
    "uuid": "cb01b2c2-d3b7-487c-b434-886028f69dcb",
    "symbol": "EKLDC",
    "name": "BNP Paribas Easy MSCI USA SRI PAB UCITS ETF EUR Capitalisation",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 83.826,
    "architecture_energy": 66.295,
    "architecture_maturity": 78.864,
    "architecture_confidence": 73.661,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 13.81,
        "rotation_up": 53.4,
        "upward_expansion": 82.67,
        "deceleration": 71.27,
        "rotation_down": 28.72,
        "downward_expansion": 11.67
      },
      "activity_lines": [
        23.820993,
        23.731551,
        23.308996,
        22.785742
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 24.361,
    "trend_reference": 22.20631,
    "distance_from_trend": 0.097031,
    "trend_direction": "Improving",
    "fair_value": 21.221738,
    "distance_from_fair_value": 0.147927,
    "fair_value_direction": "Improving",
    "relative_strength": 3.949216,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.158277,
    "excess_performance": 0.104966,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.097031,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035075,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.147927,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.080102,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.039492,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.016706,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.158277,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 18.389373,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5855,
      "relative_activity": 0.233552,
      "balance": 18.389373,
      "dry_up": 0.232933,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.019861,
      "annualized_volatility": 0.123207,
      "from_high_reference": 0.0,
      "from_low_reference": 0.21471
    },
    "levels": {
      "trend_reference": 22.20631,
      "fair_value_reference": 21.221738,
      "structural_low": 20.055,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 28,
        "median_return": 0.008259,
        "positive_rate": 0.678571,
        "directional_follow_through": 0.678571,
        "median_excess_return": -0.000108,
        "regime_survival": 0.75,
        "best_return": 0.104317,
        "worst_return": -0.086513,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.022391,
        "positive_rate": 0.818182,
        "directional_follow_through": 0.818182,
        "median_excess_return": 0.022607,
        "regime_survival": 0.454545,
        "best_return": 0.071399,
        "worst_return": -0.087943,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.075722,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.059769,
        "regime_survival": 0.285714,
        "best_return": 0.165454,
        "worst_return": -0.095428,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.054237,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.120676,
        "regime_survival": 0.0,
        "best_return": 0.136189,
        "worst_return": 0.003903,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-26",
        "end": "2024-06-21",
        "tenure": "Developing",
        "return": 0.036389,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-28",
        "end": "2025-01-03",
        "tenure": "Extended",
        "return": 0.11026,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.029398,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.026395,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.094628,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.112532,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-20",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.042062,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-29",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.015407,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-09-19",
        "tenure": "New",
        "return": -0.007809,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.0194,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2026-02-20",
        "tenure": "Established",
        "return": 0.000821,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.042888,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-15",
        "tenure": "New",
        "return": 0.027237,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-22",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.067655,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 18.017401,
        "volume": 5571,
        "typical_volume": 25700.75,
        "trend": 17.65396,
        "fair_value": 16.662796,
        "relative_strength": -0.88004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.92748,
        "energy": 41.23612,
        "activity_lines": [
          18.363367,
          18.381651,
          18.120133,
          17.880361
        ]
      },
      {
        "date": "2023-08-25",
        "close": 18.3249,
        "volume": 15683,
        "typical_volume": 24641.5,
        "trend": 17.689694,
        "fair_value": 16.696138,
        "relative_strength": 0.213565,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.120008,
        "energy": 28.777233,
        "activity_lines": [
          18.312153,
          18.376716,
          18.168838,
          17.923647
        ]
      },
      {
        "date": "2023-09-01",
        "close": 18.917299,
        "volume": 7734,
        "typical_volume": 23304.65,
        "trend": 17.72389,
        "fair_value": 16.735958,
        "relative_strength": 2.746147,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 75.440454,
        "energy": 44.691256,
        "activity_lines": [
          18.47938,
          18.479323,
          18.267391,
          18.002848
        ]
      },
      {
        "date": "2023-09-08",
        "close": 18.7374,
        "volume": 14065,
        "typical_volume": 23082.0,
        "trend": 17.759707,
        "fair_value": 16.774886,
        "relative_strength": 2.834109,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.297506,
        "energy": 44.454933,
        "activity_lines": [
          18.5822,
          18.531322,
          18.339886,
          18.068235
        ]
      },
      {
        "date": "2023-09-15",
        "close": 18.7258,
        "volume": 5108,
        "typical_volume": 21687.65,
        "trend": 17.795143,
        "fair_value": 16.813087,
        "relative_strength": 1.070512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.892676,
        "energy": 51.10278,
        "activity_lines": [
          18.666513,
          18.574747,
          18.403436,
          18.130564
        ]
      },
      {
        "date": "2023-09-22",
        "close": 18.1959,
        "volume": 6054,
        "typical_volume": 21043.65,
        "trend": 17.819827,
        "fair_value": 16.848437,
        "relative_strength": 1.164453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.888547,
        "energy": 41.986553,
        "activity_lines": [
          18.550293,
          18.512934,
          18.408717,
          18.156419
        ]
      },
      {
        "date": "2023-09-29",
        "close": 18.175699,
        "volume": 12532,
        "typical_volume": 19889.9,
        "trend": 17.839117,
        "fair_value": 16.881915,
        "relative_strength": 2.038339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.650189,
        "energy": 23.699156,
        "activity_lines": [
          18.41544,
          18.448625,
          18.405994,
          18.179379
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.937,
        "volume": 24500,
        "typical_volume": 20767.05,
        "trend": 17.87118,
        "fair_value": 16.911865,
        "relative_strength": 2.003755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 1.648572,
        "energy": 12.275297,
        "activity_lines": [
          18.210966,
          18.349349,
          18.374894,
          18.185694
        ]
      },
      {
        "date": "2023-10-13",
        "close": 18.2157,
        "volume": 13022,
        "typical_volume": 20769.2,
        "trend": 17.917033,
        "fair_value": 16.941901,
        "relative_strength": 4.57979,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.009545,
        "energy": 20.253711,
        "activity_lines": [
          18.164746,
          18.317358,
          18.367409,
          18.207921
        ]
      },
      {
        "date": "2023-10-20",
        "close": 17.5175,
        "volume": 32896,
        "typical_volume": 22037.2,
        "trend": 17.94249,
        "fair_value": 16.969979,
        "relative_strength": 3.471758,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.702335,
        "energy": 36.257535,
        "activity_lines": [
          17.920573,
          18.163914,
          18.290124,
          18.182145
        ]
      },
      {
        "date": "2023-10-27",
        "close": 17.087,
        "volume": 18795,
        "typical_volume": 20196.8,
        "trend": 17.936803,
        "fair_value": 16.998442,
        "relative_strength": 1.438942,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.998134,
        "energy": 66.002736,
        "activity_lines": [
          17.613453,
          17.947649,
          18.173588,
          18.126952
        ]
      },
      {
        "date": "2023-11-03",
        "close": 17.813999,
        "volume": 47028,
        "typical_volume": 19918.2,
        "trend": 17.965773,
        "fair_value": 17.026953,
        "relative_strength": 2.069962,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.674446,
        "energy": 53.154958,
        "activity_lines": [
          17.622593,
          17.880482,
          18.130375,
          18.119029
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.7565,
        "volume": 37585,
        "typical_volume": 19688.35,
        "trend": 17.98955,
        "fair_value": 17.05477,
        "relative_strength": 1.900134,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.52356,
        "energy": 54.251689,
        "activity_lines": [
          17.63668,
          17.812149,
          18.084076,
          18.105527
        ]
      },
      {
        "date": "2023-11-17",
        "close": 18.1747,
        "volume": 32199,
        "typical_volume": 20956.85,
        "trend": 18.025673,
        "fair_value": 17.084367,
        "relative_strength": 1.660424,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.534914,
        "energy": 24.216664,
        "activity_lines": [
          17.8022,
          17.840958,
          18.078445,
          18.117472
        ]
      },
      {
        "date": "2023-11-24",
        "close": 18.3218,
        "volume": 55589,
        "typical_volume": 22922.45,
        "trend": 18.066827,
        "fair_value": 17.113781,
        "relative_strength": 1.758601,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 6.015324,
        "energy": 11.023194,
        "activity_lines": [
          18.019487,
          17.906743,
          18.087809,
          18.136577
        ]
      },
      {
        "date": "2023-12-01",
        "close": 18.798901,
        "volume": 14650,
        "typical_volume": 22065.0,
        "trend": 18.12949,
        "fair_value": 17.147561,
        "relative_strength": 3.707531,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 30.767782,
        "energy": 30.040259,
        "activity_lines": [
          18.342187,
          18.06662,
          18.142207,
          18.183808
        ]
      },
      {
        "date": "2023-12-08",
        "close": 19.125601,
        "volume": 32545,
        "typical_volume": 23302.8,
        "trend": 18.200657,
        "fair_value": 17.183747,
        "relative_strength": 3.027582,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 70.162065,
        "energy": 53.262142,
        "activity_lines": [
          18.659661,
          18.274933,
          18.225156,
          18.248073
        ]
      },
      {
        "date": "2023-12-15",
        "close": 19.7026,
        "volume": 37452,
        "typical_volume": 22409.05,
        "trend": 18.280003,
        "fair_value": 17.222672,
        "relative_strength": 5.156322,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 88.965521,
        "energy": 86.604606,
        "activity_lines": [
          19.082027,
          18.570884,
          18.360742,
          18.344973
        ]
      },
      {
        "date": "2023-12-22",
        "close": 19.615,
        "volume": 11650,
        "typical_volume": 22335.1,
        "trend": 18.34978,
        "fair_value": 17.260968,
        "relative_strength": 5.040264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.981931,
        "energy": 90.200833,
        "activity_lines": [
          19.345454,
          18.818806,
          18.483929,
          18.431102
        ]
      },
      {
        "date": "2023-12-29",
        "close": 19.566099,
        "volume": 22971,
        "typical_volume": 22381.45,
        "trend": 18.405827,
        "fair_value": 17.298698,
        "relative_strength": 5.08925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.650742,
        "energy": 88.294379,
        "activity_lines": [
          19.49656,
          19.032395,
          18.597233,
          18.509574
        ]
      },
      {
        "date": "2024-01-05",
        "close": 19.2969,
        "volume": 19288,
        "typical_volume": 23067.3,
        "trend": 18.45089,
        "fair_value": 17.331188,
        "relative_strength": 5.233959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.223262,
        "energy": 83.623334,
        "activity_lines": [
          19.47498,
          19.159791,
          18.679191,
          18.567062
        ]
      },
      {
        "date": "2024-01-12",
        "close": 19.448999,
        "volume": 62517,
        "typical_volume": 25409.0,
        "trend": 18.488667,
        "fair_value": 17.364669,
        "relative_strength": 5.284514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.818791,
        "energy": 72.94296,
        "activity_lines": [
          19.470899,
          19.274662,
          18.769542,
          18.631456
        ]
      },
      {
        "date": "2024-01-19",
        "close": 19.6285,
        "volume": 57632,
        "typical_volume": 27903.9,
        "trend": 18.54519,
        "fair_value": 17.398752,
        "relative_strength": 7.385628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.509228,
        "energy": 61.905737,
        "activity_lines": [
          19.505093,
          19.392442,
          18.871636,
          18.704994
        ]
      },
      {
        "date": "2024-01-26",
        "close": 19.954599,
        "volume": 23589,
        "typical_volume": 28380.1,
        "trend": 18.597613,
        "fair_value": 17.437021,
        "relative_strength": 5.266543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.554828,
        "energy": 66.304698,
        "activity_lines": [
          19.652926,
          19.535476,
          19.001399,
          18.795924
        ]
      },
      {
        "date": "2024-02-02",
        "close": 20.2029,
        "volume": 85088,
        "typical_volume": 32379.1,
        "trend": 18.663153,
        "fair_value": 17.473017,
        "relative_strength": 7.008722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.300827,
        "energy": 90.319447,
        "activity_lines": [
          19.860886,
          19.691294,
          19.149015,
          18.899491
        ]
      },
      {
        "date": "2024-02-09",
        "close": 20.4202,
        "volume": 34832,
        "typical_volume": 33818.0,
        "trend": 18.73514,
        "fair_value": 17.510531,
        "relative_strength": 7.218269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.804755,
        "energy": 92.848767,
        "activity_lines": [
          20.098826,
          19.85242,
          19.310291,
          19.012848
        ]
      },
      {
        "date": "2024-02-16",
        "close": 20.611099,
        "volume": 56563,
        "typical_volume": 36019.55,
        "trend": 18.80086,
        "fair_value": 17.549223,
        "relative_strength": 6.334837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.380901,
        "energy": 94.055954,
        "activity_lines": [
          20.325513,
          20.018776,
          19.479157,
          19.133878
        ]
      },
      {
        "date": "2024-02-23",
        "close": 20.649599,
        "volume": 56954,
        "typical_volume": 37642.25,
        "trend": 18.860823,
        "fair_value": 17.591506,
        "relative_strength": 3.748439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.374545,
        "energy": 92.432845,
        "activity_lines": [
          20.487559,
          20.165123,
          19.640092,
          19.253152
        ]
      },
      {
        "date": "2024-03-01",
        "close": 20.7547,
        "volume": 26662,
        "typical_volume": 38324.25,
        "trend": 18.935386,
        "fair_value": 17.636481,
        "relative_strength": 4.525872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.421851,
        "energy": 91.871148,
        "activity_lines": [
          20.616566,
          20.313361,
          19.79812,
          19.375337
        ]
      },
      {
        "date": "2024-03-08",
        "close": 20.7258,
        "volume": 25477,
        "typical_volume": 37953.3,
        "trend": 19.014003,
        "fair_value": 17.676377,
        "relative_strength": 2.977596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.784245,
        "energy": 87.642835,
        "activity_lines": [
          20.6826,
          20.435623,
          19.941304,
          19.490848
        ]
      },
      {
        "date": "2024-03-15",
        "close": 20.459801,
        "volume": 19458,
        "typical_volume": 37986.45,
        "trend": 19.095416,
        "fair_value": 17.71392,
        "relative_strength": -0.098615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.934419,
        "energy": 69.792347,
        "activity_lines": [
          20.625107,
          20.488436,
          20.043878,
          19.584125
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.015499,
        "volume": 47765,
        "typical_volume": 38023.3,
        "trend": 19.185103,
        "fair_value": 17.753062,
        "relative_strength": 2.621953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.235602,
        "energy": 72.2401,
        "activity_lines": [
          20.750207,
          20.621142,
          20.183315,
          19.708001
        ]
      },
      {
        "date": "2024-03-29",
        "close": 21.233601,
        "volume": 14914,
        "typical_volume": 36889.75,
        "trend": 19.262313,
        "fair_value": 17.791642,
        "relative_strength": 2.824364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.786965,
        "energy": 72.643451,
        "activity_lines": [
          20.921047,
          20.76502,
          20.328278,
          19.840162
        ]
      },
      {
        "date": "2024-04-05",
        "close": 20.691099,
        "volume": 32285,
        "typical_volume": 36894.05,
        "trend": 19.327436,
        "fair_value": 17.826163,
        "relative_strength": 1.796252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.044583,
        "energy": 63.550309,
        "activity_lines": [
          20.87212,
          20.781078,
          20.405016,
          19.932342
        ]
      },
      {
        "date": "2024-04-12",
        "close": 20.617599,
        "volume": 37148,
        "typical_volume": 35972.0,
        "trend": 19.390496,
        "fair_value": 17.858245,
        "relative_strength": 1.835221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.954584,
        "energy": 60.823922,
        "activity_lines": [
          20.802933,
          20.770382,
          20.462772,
          20.015578
        ]
      },
      {
        "date": "2024-04-19",
        "close": 19.9303,
        "volume": 15172,
        "typical_volume": 35998.1,
        "trend": 19.44831,
        "fair_value": 17.88627,
        "relative_strength": -1.872359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.343589,
        "energy": 31.597991,
        "activity_lines": [
          20.51186,
          20.627182,
          20.444138,
          20.050404
        ]
      },
      {
        "date": "2024-04-26",
        "close": 20.376801,
        "volume": 51571,
        "typical_volume": 36949.4,
        "trend": 19.52168,
        "fair_value": 17.917635,
        "relative_strength": -0.670443,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.577864,
        "energy": 27.109087,
        "activity_lines": [
          20.40492,
          20.574071,
          20.462641,
          20.110307
        ]
      },
      {
        "date": "2024-05-03",
        "close": 20.2889,
        "volume": 79515,
        "typical_volume": 39052.55,
        "trend": 19.600077,
        "fair_value": 17.947796,
        "relative_strength": 0.317152,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.575978,
        "energy": 26.267724,
        "activity_lines": [
          20.31126,
          20.509238,
          20.466814,
          20.159805
        ]
      },
      {
        "date": "2024-05-10",
        "close": 20.754801,
        "volume": 38378,
        "typical_volume": 40388.95,
        "trend": 19.684713,
        "fair_value": 17.982651,
        "relative_strength": -0.820499,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.65018,
        "energy": 26.328323,
        "activity_lines": [
          20.43588,
          20.535673,
          20.512566,
          20.234304
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.830299,
        "volume": 21206,
        "typical_volume": 40300.7,
        "trend": 19.79514,
        "fair_value": 18.018247,
        "relative_strength": -0.01033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.084349,
        "energy": 33.799897,
        "activity_lines": [
          20.58142,
          20.575833,
          20.560081,
          20.308212
        ]
      },
      {
        "date": "2024-05-24",
        "close": 20.628799,
        "volume": 4559,
        "typical_volume": 39564.25,
        "trend": 19.9132,
        "fair_value": 18.051662,
        "relative_strength": -0.206518,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.057198,
        "energy": 30.140523,
        "activity_lines": [
          20.645613,
          20.577456,
          20.582386,
          20.361997
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.123199,
        "volume": 35934,
        "typical_volume": 38235.1,
        "trend": 19.990173,
        "fair_value": 18.081253,
        "relative_strength": -1.451793,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.02247,
        "energy": 18.246823,
        "activity_lines": [
          20.494706,
          20.48408,
          20.550196,
          20.375545
        ]
      },
      {
        "date": "2024-06-07",
        "close": 20.6064,
        "volume": 64797,
        "typical_volume": 38593.35,
        "trend": 20.08517,
        "fair_value": 18.112855,
        "relative_strength": 0.735669,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.105769,
        "energy": 19.682585,
        "activity_lines": [
          20.521773,
          20.494782,
          20.560815,
          20.415302
        ]
      },
      {
        "date": "2024-06-14",
        "close": 20.810101,
        "volume": 17861,
        "typical_volume": 38306.95,
        "trend": 20.173017,
        "fair_value": 18.145184,
        "relative_strength": 8.250805,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.467868,
        "energy": 21.432742,
        "activity_lines": [
          20.595573,
          20.553924,
          20.586177,
          20.462071
        ]
      },
      {
        "date": "2024-06-21",
        "close": 21.118299,
        "volume": 37240,
        "typical_volume": 35914.55,
        "trend": 20.266233,
        "fair_value": 18.177665,
        "relative_strength": 7.835205,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.600279,
        "energy": 35.824002,
        "activity_lines": [
          20.76842,
          20.666938,
          20.636817,
          20.523057
        ]
      },
      {
        "date": "2024-06-28",
        "close": 21.085699,
        "volume": 19851,
        "typical_volume": 35165.5,
        "trend": 20.34246,
        "fair_value": 18.20751,
        "relative_strength": 9.541083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.41174,
        "energy": 59.856389,
        "activity_lines": [
          20.9112,
          20.764921,
          20.679994,
          20.575926
        ]
      },
      {
        "date": "2024-07-05",
        "close": 20.868099,
        "volume": 38477,
        "typical_volume": 34261.2,
        "trend": 20.400543,
        "fair_value": 18.236091,
        "relative_strength": 5.517413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.80083,
        "energy": 60.836772,
        "activity_lines": [
          20.950986,
          20.802334,
          20.699277,
          20.609838
        ]
      },
      {
        "date": "2024-07-12",
        "close": 21.469999,
        "volume": 9076,
        "typical_volume": 31867.3,
        "trend": 20.459456,
        "fair_value": 18.268322,
        "relative_strength": 7.632709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.952381,
        "energy": 74.897555,
        "activity_lines": [
          21.141746,
          20.94025,
          20.774661,
          20.678836
        ]
      },
      {
        "date": "2024-07-19",
        "close": 21.143499,
        "volume": 10175,
        "typical_volume": 31042.95,
        "trend": 20.510406,
        "fair_value": 18.296901,
        "relative_strength": 8.42503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.354718,
        "energy": 64.560538,
        "activity_lines": [
          21.166099,
          20.997328,
          20.815043,
          20.722967
        ]
      },
      {
        "date": "2024-07-26",
        "close": 21.271799,
        "volume": 10292,
        "typical_volume": 30283.7,
        "trend": 20.567263,
        "fair_value": 18.32672,
        "relative_strength": 9.077493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.625555,
        "energy": 59.402431,
        "activity_lines": [
          21.210992,
          21.070666,
          20.865792,
          20.772089
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.620199,
        "volume": 43697,
        "typical_volume": 31495.65,
        "trend": 20.611373,
        "fair_value": 18.350692,
        "relative_strength": 9.359994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.663708,
        "energy": 29.327206,
        "activity_lines": [
          21.028452,
          21.017505,
          20.851885,
          20.775505
        ]
      },
      {
        "date": "2024-08-09",
        "close": 20.704901,
        "volume": 30817,
        "typical_volume": 30648.25,
        "trend": 20.653236,
        "fair_value": 18.374553,
        "relative_strength": 9.259228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.650347,
        "energy": 13.64751,
        "activity_lines": [
          20.90518,
          20.979899,
          20.84528,
          20.781539
        ]
      },
      {
        "date": "2024-08-16",
        "close": 21.249399,
        "volume": 10460,
        "typical_volume": 30425.55,
        "trend": 20.707266,
        "fair_value": 18.401306,
        "relative_strength": 9.151611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.28578,
        "energy": 18.987657,
        "activity_lines": [
          20.974286,
          21.030718,
          20.892011,
          20.820001
        ]
      },
      {
        "date": "2024-08-23",
        "close": 21.365,
        "volume": 5744,
        "typical_volume": 29098.5,
        "trend": 20.75428,
        "fair_value": 18.428242,
        "relative_strength": 7.675207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.58062,
        "energy": 25.177975,
        "activity_lines": [
          21.096633,
          21.090863,
          20.949677,
          20.862435
        ]
      },
      {
        "date": "2024-08-30",
        "close": 21.5791,
        "volume": 16455,
        "typical_volume": 28063.85,
        "trend": 20.800153,
        "fair_value": 18.456465,
        "relative_strength": 7.799657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.035723,
        "energy": 47.985643,
        "activity_lines": [
          21.27558,
          21.179847,
          21.024524,
          20.91565
        ]
      },
      {
        "date": "2024-09-06",
        "close": 20.9832,
        "volume": 30978,
        "typical_volume": 28854.15,
        "trend": 20.81892,
        "fair_value": 18.481522,
        "relative_strength": 8.583662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.688894,
        "energy": 42.086279,
        "activity_lines": [
          21.235407,
          21.152107,
          21.038041,
          20.927459
        ]
      },
      {
        "date": "2024-09-13",
        "close": 21.606001,
        "volume": 19825,
        "typical_volume": 27266.85,
        "trend": 20.852083,
        "fair_value": 18.510556,
        "relative_strength": 9.828458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.79343,
        "energy": 53.768418,
        "activity_lines": [
          21.378634,
          21.239467,
          21.105857,
          20.978238
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.661699,
        "volume": 22731,
        "typical_volume": 24427.65,
        "trend": 20.88582,
        "fair_value": 18.540027,
        "relative_strength": 9.313948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.571547,
        "energy": 56.52739,
        "activity_lines": [
          21.480353,
          21.323538,
          21.173125,
          21.030472
        ]
      },
      {
        "date": "2024-09-27",
        "close": 22.035101,
        "volume": 14411,
        "typical_volume": 23229.3,
        "trend": 20.9285,
        "fair_value": 18.573912,
        "relative_strength": 6.819621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.082851,
        "energy": 61.011308,
        "activity_lines": [
          21.679054,
          21.472015,
          21.269418,
          21.104619
        ]
      },
      {
        "date": "2024-10-04",
        "close": 22.064899,
        "volume": 12226,
        "typical_volume": 22780.3,
        "trend": 20.973136,
        "fair_value": 18.605847,
        "relative_strength": 10.207679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.880328,
        "energy": 71.199089,
        "activity_lines": [
          21.843013,
          21.609698,
          21.362453,
          21.177935
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.443899,
        "volume": 23082,
        "typical_volume": 23706.45,
        "trend": 21.039273,
        "fair_value": 18.637849,
        "relative_strength": 11.269449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.875605,
        "energy": 80.045778,
        "activity_lines": [
          22.10092,
          21.801871,
          21.485703,
          21.272823
        ]
      },
      {
        "date": "2024-10-18",
        "close": 22.688,
        "volume": 11439,
        "typical_volume": 22481.7,
        "trend": 21.095023,
        "fair_value": 18.668906,
        "relative_strength": 11.629349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.823067,
        "energy": 85.722668,
        "activity_lines": [
          22.342813,
          22.005267,
          21.623558,
          21.379192
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22.5935,
        "volume": 4785,
        "typical_volume": 19481.1,
        "trend": 21.140353,
        "fair_value": 18.695171,
        "relative_strength": 12.472785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.012757,
        "energy": 83.904308,
        "activity_lines": [
          22.481073,
          22.155425,
          21.740199,
          21.475868
        ]
      },
      {
        "date": "2024-11-01",
        "close": 22.299,
        "volume": 7860,
        "typical_volume": 18981.05,
        "trend": 21.19395,
        "fair_value": 18.716232,
        "relative_strength": 11.944377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.314272,
        "energy": 79.91523,
        "activity_lines": [
          22.459046,
          22.2276,
          21.819331,
          21.55062
        ]
      },
      {
        "date": "2024-11-08",
        "close": 23.5425,
        "volume": 67378,
        "typical_volume": 20487.95,
        "trend": 21.291446,
        "fair_value": 18.745874,
        "relative_strength": 18.737379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.758693,
        "energy": 90.418188,
        "activity_lines": [
          22.833927,
          22.508883,
          22.009801,
          21.702139
        ]
      },
      {
        "date": "2024-11-15",
        "close": 23.400499,
        "volume": 7808,
        "typical_volume": 19885.8,
        "trend": 21.40712,
        "fair_value": 18.772323,
        "relative_strength": 18.545899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.538682,
        "energy": 87.52238,
        "activity_lines": [
          23.062966,
          22.728651,
          22.175203,
          21.838207
        ]
      },
      {
        "date": "2024-11-22",
        "close": 24.233101,
        "volume": 7421,
        "typical_volume": 18333.0,
        "trend": 21.535663,
        "fair_value": 18.806642,
        "relative_strength": 22.294179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.67962,
        "energy": 92.435328,
        "activity_lines": [
          23.505767,
          23.055849,
          22.408878,
          22.020528
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24.0704,
        "volume": 35381,
        "typical_volume": 19648.25,
        "trend": 21.661713,
        "fair_value": 18.840561,
        "relative_strength": 21.152186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.217325,
        "energy": 90.892413,
        "activity_lines": [
          23.791327,
          23.3057,
          22.611034,
          22.18406
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.934999,
        "volume": 47801,
        "typical_volume": 21529.55,
        "trend": 21.76772,
        "fair_value": 18.870657,
        "relative_strength": 16.802408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.152109,
        "energy": 86.581503,
        "activity_lines": [
          23.933293,
          23.487138,
          22.787911,
          22.330723
        ]
      },
      {
        "date": "2024-12-13",
        "close": 23.7654,
        "volume": 24283,
        "typical_volume": 22229.1,
        "trend": 21.865556,
        "fair_value": 18.899602,
        "relative_strength": 15.750443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.957759,
        "energy": 83.187034,
        "activity_lines": [
          23.90966,
          23.603196,
          22.935344,
          22.459606
        ]
      },
      {
        "date": "2024-12-20",
        "close": 23.221399,
        "volume": 36854,
        "typical_volume": 21886.95,
        "trend": 21.951976,
        "fair_value": 18.923669,
        "relative_strength": 14.722979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.94478,
        "energy": 59.370157,
        "activity_lines": [
          23.689833,
          23.589427,
          23.019092,
          22.54708
        ]
      },
      {
        "date": "2024-12-27",
        "close": 23.356001,
        "volume": 10688,
        "typical_volume": 20880.5,
        "trend": 22.059736,
        "fair_value": 18.947013,
        "relative_strength": 13.662205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.652648,
        "energy": 44.403414,
        "activity_lines": [
          23.526813,
          23.585994,
          23.103273,
          22.637662
        ]
      },
      {
        "date": "2025-01-03",
        "close": 23.410601,
        "volume": 15121,
        "typical_volume": 21113.55,
        "trend": 22.15321,
        "fair_value": 18.974488,
        "relative_strength": 14.58774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.271851,
        "energy": 34.403934,
        "activity_lines": [
          23.440467,
          23.580344,
          23.18003,
          22.724815
        ]
      },
      {
        "date": "2025-01-10",
        "close": 23.141001,
        "volume": 24703,
        "typical_volume": 22061.5,
        "trend": 22.230906,
        "fair_value": 19.003234,
        "relative_strength": 10.613958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.257193,
        "energy": 26.247451,
        "activity_lines": [
          23.308241,
          23.510818,
          23.220819,
          22.788543
        ]
      },
      {
        "date": "2025-01-17",
        "close": 23.8431,
        "volume": 40625,
        "typical_volume": 23270.0,
        "trend": 22.321733,
        "fair_value": 19.039191,
        "relative_strength": 9.528311,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.349771,
        "energy": 33.441412,
        "activity_lines": [
          23.462981,
          23.553638,
          23.320018,
          22.892555
        ]
      },
      {
        "date": "2025-01-24",
        "close": 23.6077,
        "volume": 14627,
        "typical_volume": 22452.45,
        "trend": 22.4058,
        "fair_value": 19.076867,
        "relative_strength": 5.205717,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.886974,
        "energy": 31.666037,
        "activity_lines": [
          23.534074,
          23.548193,
          23.386016,
          22.975521
        ]
      },
      {
        "date": "2025-01-31",
        "close": 23.821301,
        "volume": 18606,
        "typical_volume": 22391.5,
        "trend": 22.50424,
        "fair_value": 19.116082,
        "relative_strength": 5.615883,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.068677,
        "energy": 40.463843,
        "activity_lines": [
          23.650614,
          23.577817,
          23.45986,
          23.066844
        ]
      },
      {
        "date": "2025-02-07",
        "close": 23.686501,
        "volume": 16229,
        "typical_volume": 22066.4,
        "trend": 22.578123,
        "fair_value": 19.153384,
        "relative_strength": 4.504141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.384085,
        "energy": 43.975539,
        "activity_lines": [
          23.691201,
          23.590419,
          23.510317,
          23.143119
        ]
      },
      {
        "date": "2025-02-14",
        "close": 23.383499,
        "volume": 24622,
        "typical_volume": 22576.95,
        "trend": 22.65279,
        "fair_value": 19.190467,
        "relative_strength": 0.435056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.134073,
        "energy": 35.471503,
        "activity_lines": [
          23.612393,
          23.554909,
          23.522274,
          23.195078
        ]
      },
      {
        "date": "2025-02-21",
        "close": 23.535801,
        "volume": 42614,
        "typical_volume": 24096.35,
        "trend": 22.728257,
        "fair_value": 19.227717,
        "relative_strength": 1.185984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.079655,
        "energy": 31.719923,
        "activity_lines": [
          23.568187,
          23.557119,
          23.542316,
          23.252047
        ]
      },
      {
        "date": "2025-02-28",
        "close": 23.0613,
        "volume": 19266,
        "typical_volume": 23905.55,
        "trend": 22.809627,
        "fair_value": 19.259912,
        "relative_strength": -0.482291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 9.035431,
        "energy": 9.692595,
        "activity_lines": [
          23.3863,
          23.477229,
          23.510163,
          23.273533
        ]
      },
      {
        "date": "2025-03-07",
        "close": 21.6373,
        "volume": 8322,
        "typical_volume": 23749.7,
        "trend": 22.840707,
        "fair_value": 19.285383,
        "relative_strength": -6.784714,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -46.210608,
        "energy": 42.317915,
        "activity_lines": [
          22.766173,
          23.141342,
          23.33945,
          23.1979
        ]
      },
      {
        "date": "2025-03-14",
        "close": 21.1936,
        "volume": 6127,
        "typical_volume": 23816.8,
        "trend": 22.838847,
        "fair_value": 19.30409,
        "relative_strength": -7.727112,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -52.844204,
        "energy": 73.943559,
        "activity_lines": [
          22.143747,
          22.756031,
          23.131484,
          23.091635
        ]
      },
      {
        "date": "2025-03-21",
        "close": 21.4356,
        "volume": 12333,
        "typical_volume": 24040.45,
        "trend": 22.8412,
        "fair_value": 19.322426,
        "relative_strength": -6.898264,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.891948,
        "energy": 82.13709,
        "activity_lines": [
          21.76818,
          22.455029,
          22.953232,
          23.001103
        ]
      },
      {
        "date": "2025-03-28",
        "close": 21.302,
        "volume": 4660,
        "typical_volume": 20904.55,
        "trend": 22.831963,
        "fair_value": 19.3396,
        "relative_strength": -6.060921,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.347731,
        "energy": 81.388034,
        "activity_lines": [
          21.47794,
          22.160744,
          22.766367,
          22.901799
        ]
      },
      {
        "date": "2025-04-04",
        "close": 19.5898,
        "volume": 10737,
        "typical_volume": 21051.0,
        "trend": 22.785517,
        "fair_value": 19.344435,
        "relative_strength": -6.077704,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.725412,
        "energy": 97.789434,
        "activity_lines": [
          20.765887,
          21.601351,
          22.427104,
          22.692627
        ]
      },
      {
        "date": "2025-04-11",
        "close": 18.927999,
        "volume": 23757,
        "typical_volume": 21867.8,
        "trend": 22.69625,
        "fair_value": 19.347004,
        "relative_strength": -7.133661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.148571,
        "energy": 97.127918,
        "activity_lines": [
          20.064666,
          20.994683,
          22.04296,
          22.443755
        ]
      },
      {
        "date": "2025-04-18",
        "close": 19.168501,
        "volume": 7010,
        "typical_volume": 20449.25,
        "trend": 22.613143,
        "fair_value": 19.35274,
        "relative_strength": -8.380852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.77174,
        "energy": 93.110964,
        "activity_lines": [
          19.624233,
          20.520713,
          21.706982,
          22.216159
        ]
      },
      {
        "date": "2025-04-25",
        "close": 19.6726,
        "volume": 5314,
        "typical_volume": 18324.9,
        "trend": 22.534393,
        "fair_value": 19.362219,
        "relative_strength": -9.151034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.304656,
        "energy": 85.234589,
        "activity_lines": [
          19.48684,
          20.220542,
          21.442356,
          22.026446
        ]
      },
      {
        "date": "2025-05-02",
        "close": 20.3531,
        "volume": 4964,
        "typical_volume": 17358.95,
        "trend": 22.477333,
        "fair_value": 19.38043,
        "relative_strength": -8.88405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.265665,
        "energy": 66.319613,
        "activity_lines": [
          19.693813,
          20.111569,
          21.262837,
          21.885718
        ]
      },
      {
        "date": "2025-05-09",
        "close": 20.8339,
        "volume": 5047,
        "typical_volume": 15768.6,
        "trend": 22.423667,
        "fair_value": 19.402335,
        "relative_strength": -6.513017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.594443,
        "energy": 55.329105,
        "activity_lines": [
          20.124313,
          20.147882,
          21.145358,
          21.77969
        ]
      },
      {
        "date": "2025-05-16",
        "close": 21.8689,
        "volume": 6762,
        "typical_volume": 15572.3,
        "trend": 22.396363,
        "fair_value": 19.437101,
        "relative_strength": -3.790307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.394394,
        "energy": 25.956713,
        "activity_lines": [
          20.816873,
          20.412875,
          21.137819,
          21.743898
        ]
      },
      {
        "date": "2025-05-23",
        "close": 20.9538,
        "volume": 20862,
        "typical_volume": 15859.35,
        "trend": 22.341707,
        "fair_value": 19.46045,
        "relative_strength": -6.101847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.481822,
        "energy": 29.825182,
        "activity_lines": [
          21.00834,
          20.507275,
          21.050209,
          21.65083
        ]
      },
      {
        "date": "2025-05-30",
        "close": 21.330299,
        "volume": 5554,
        "typical_volume": 14901.9,
        "trend": 22.309417,
        "fair_value": 19.487335,
        "relative_strength": -4.778847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.565832,
        "energy": 28.745787,
        "activity_lines": [
          21.206286,
          20.674489,
          21.010155,
          21.585577
        ]
      },
      {
        "date": "2025-06-06",
        "close": 21.5137,
        "volume": 23727,
        "typical_volume": 14057.0,
        "trend": 22.24179,
        "fair_value": 19.51901,
        "relative_strength": -4.726949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.767632,
        "energy": 26.992663,
        "activity_lines": [
          21.354853,
          20.876963,
          20.99619,
          21.534241
        ]
      },
      {
        "date": "2025-06-13",
        "close": 21.058001,
        "volume": 13646,
        "typical_volume": 14007.95,
        "trend": 22.163707,
        "fair_value": 19.553232,
        "relative_strength": -5.265563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.785451,
        "energy": 15.724762,
        "activity_lines": [
          21.274147,
          20.992735,
          20.949918,
          21.457867
        ]
      },
      {
        "date": "2025-06-20",
        "close": 21.063999,
        "volume": 14792,
        "typical_volume": 13817.25,
        "trend": 22.05807,
        "fair_value": 19.582421,
        "relative_strength": -4.056687,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.585616,
        "energy": 13.55831,
        "activity_lines": [
          21.1805,
          21.082902,
          20.916358,
          21.386919
        ]
      },
      {
        "date": "2025-06-27",
        "close": 21.167999,
        "volume": 13426,
        "typical_volume": 13677.1,
        "trend": 21.961323,
        "fair_value": 19.612966,
        "relative_strength": -4.817782,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.578493,
        "energy": 11.202431,
        "activity_lines": [
          21.17518,
          21.153142,
          20.905833,
          21.329495
        ]
      },
      {
        "date": "2025-07-04",
        "close": 21.2952,
        "volume": 31985,
        "typical_volume": 14045.25,
        "trend": 21.87333,
        "fair_value": 19.63858,
        "relative_strength": -4.335216,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.532539,
        "energy": 14.514967,
        "activity_lines": [
          21.19798,
          21.210154,
          20.919416,
          21.286519
        ]
      },
      {
        "date": "2025-07-11",
        "close": 21.3724,
        "volume": 27671,
        "typical_volume": 13298.1,
        "trend": 21.793563,
        "fair_value": 19.665741,
        "relative_strength": -5.588433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.170958,
        "energy": 10.116087,
        "activity_lines": [
          21.248853,
          21.251702,
          20.950295,
          21.254201
        ]
      },
      {
        "date": "2025-07-18",
        "close": 21.379299,
        "volume": 4670,
        "typical_volume": 12568.3,
        "trend": 21.73216,
        "fair_value": 19.690199,
        "relative_strength": -5.431976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.390407,
        "energy": 9.378532,
        "activity_lines": [
          21.311446,
          21.275971,
          20.992133,
          21.227474
        ]
      },
      {
        "date": "2025-07-25",
        "close": 21.543301,
        "volume": 9288,
        "typical_volume": 12616.6,
        "trend": 21.671737,
        "fair_value": 19.711945,
        "relative_strength": -4.800853,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.28075,
        "energy": 18.451794,
        "activity_lines": [
          21.407287,
          21.320142,
          21.057599,
          21.21529
        ]
      },
      {
        "date": "2025-08-01",
        "close": 21.1646,
        "volume": 10038,
        "typical_volume": 12812.15,
        "trend": 21.59687,
        "fair_value": 19.729749,
        "relative_strength": -2.874625,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.864925,
        "energy": 9.959713,
        "activity_lines": [
          21.34494,
          21.301378,
          21.087447,
          21.182571
        ]
      },
      {
        "date": "2025-08-08",
        "close": 21.415001,
        "volume": 12271,
        "typical_volume": 12809.05,
        "trend": 21.539337,
        "fair_value": 19.746642,
        "relative_strength": -4.171249,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.154795,
        "energy": 8.270772,
        "activity_lines": [
          21.366287,
          21.324309,
          21.14128,
          21.170838
        ]
      },
      {
        "date": "2025-08-15",
        "close": 21.6626,
        "volume": 4605,
        "typical_volume": 12806.3,
        "trend": 21.466653,
        "fair_value": 19.763905,
        "relative_strength": -5.196146,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 18.444413,
        "energy": 20.793463,
        "activity_lines": [
          21.46218,
          21.390718,
          21.218793,
          21.17879
        ]
      },
      {
        "date": "2025-08-22",
        "close": 21.950001,
        "volume": 3406,
        "typical_volume": 12439.75,
        "trend": 21.411397,
        "fair_value": 19.785977,
        "relative_strength": -4.45397,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 47.19445,
        "energy": 48.890023,
        "activity_lines": [
          21.634527,
          21.506675,
          21.32196,
          21.209974
        ]
      },
      {
        "date": "2025-08-29",
        "close": 21.743999,
        "volume": 10721,
        "typical_volume": 11787.95,
        "trend": 21.342153,
        "fair_value": 19.810452,
        "relative_strength": -2.081696,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.583629,
        "energy": 56.638158,
        "activity_lines": [
          21.70016,
          21.568958,
          21.394268,
          21.231432
        ]
      },
      {
        "date": "2025-09-05",
        "close": 21.409,
        "volume": 4899,
        "typical_volume": 11682.4,
        "trend": 21.266237,
        "fair_value": 19.830513,
        "relative_strength": -3.182849,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.032608,
        "energy": 51.163481,
        "activity_lines": [
          21.640747,
          21.557969,
          21.421262,
          21.235745
        ]
      },
      {
        "date": "2025-09-12",
        "close": 21.5658,
        "volume": 13720,
        "typical_volume": 12102.7,
        "trend": 21.205647,
        "fair_value": 19.858654,
        "relative_strength": -4.260588,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.589393,
        "energy": 53.565741,
        "activity_lines": [
          21.617307,
          21.571107,
          21.452521,
          21.255071
        ]
      },
      {
        "date": "2025-09-19",
        "close": 21.3974,
        "volume": 44344,
        "typical_volume": 14071.7,
        "trend": 21.134367,
        "fair_value": 19.887468,
        "relative_strength": -5.247529,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.585881,
        "energy": 22.793887,
        "activity_lines": [
          21.52768,
          21.548707,
          21.458726,
          21.267443
        ]
      },
      {
        "date": "2025-09-26",
        "close": 21.3349,
        "volume": 6328,
        "typical_volume": 14135.75,
        "trend": 21.07682,
        "fair_value": 19.916871,
        "relative_strength": -5.655418,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.562257,
        "energy": 20.966954,
        "activity_lines": [
          21.4349,
          21.514489,
          21.454006,
          21.28038
        ]
      },
      {
        "date": "2025-10-03",
        "close": 21.653,
        "volume": 59984,
        "typical_volume": 16796.85,
        "trend": 21.077343,
        "fair_value": 19.948779,
        "relative_strength": -6.59292,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.789561,
        "energy": 20.425735,
        "activity_lines": [
          21.48916,
          21.538915,
          21.477196,
          21.317553
        ]
      },
      {
        "date": "2025-10-10",
        "close": 21.5254,
        "volume": 22506,
        "typical_volume": 16879.05,
        "trend": 21.088403,
        "fair_value": 19.980625,
        "relative_strength": -5.070689,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.085985,
        "energy": 16.45489,
        "activity_lines": [
          21.506953,
          21.538145,
          21.489261,
          21.34646
        ]
      },
      {
        "date": "2025-10-17",
        "close": 21.2798,
        "volume": 11277,
        "typical_volume": 17165.2,
        "trend": 21.08321,
        "fair_value": 20.010992,
        "relative_strength": -8.864554,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.54416,
        "energy": 12.222794,
        "activity_lines": [
          21.43512,
          21.486162,
          21.475214,
          21.358808
        ]
      },
      {
        "date": "2025-10-24",
        "close": 21.7005,
        "volume": 13349,
        "typical_volume": 16646.3,
        "trend": 21.096493,
        "fair_value": 20.038719,
        "relative_strength": -7.409952,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.050916,
        "energy": 26.062373,
        "activity_lines": [
          21.522587,
          21.513127,
          21.501474,
          21.398633
        ]
      },
      {
        "date": "2025-10-31",
        "close": 21.42,
        "volume": 72567,
        "typical_volume": 19592.35,
        "trend": 21.1575,
        "fair_value": 20.066947,
        "relative_strength": -7.197004,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.658313,
        "energy": 14.226097,
        "activity_lines": [
          21.496347,
          21.488404,
          21.50013,
          21.419505
        ]
      },
      {
        "date": "2025-11-07",
        "close": 20.921,
        "volume": 28100,
        "typical_volume": 20257.75,
        "trend": 21.223933,
        "fair_value": 20.08788,
        "relative_strength": -7.048024,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.71277,
        "energy": 13.06389,
        "activity_lines": [
          21.2981,
          21.382589,
          21.449539,
          21.404247
        ]
      },
      {
        "date": "2025-11-14",
        "close": 21.0772,
        "volume": 7868,
        "typical_volume": 19979.85,
        "trend": 21.287557,
        "fair_value": 20.111479,
        "relative_strength": -8.477292,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.350368,
        "energy": 26.140076,
        "activity_lines": [
          21.20072,
          21.320138,
          21.414504,
          21.39478
        ]
      },
      {
        "date": "2025-11-21",
        "close": 20.943399,
        "volume": 55160,
        "typical_volume": 21138.6,
        "trend": 21.329917,
        "fair_value": 20.132036,
        "relative_strength": -6.465628,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.327096,
        "energy": 44.689928,
        "activity_lines": [
          21.08862,
          21.239393,
          21.367159,
          21.372576
        ]
      },
      {
        "date": "2025-11-28",
        "close": 21.390499,
        "volume": 2921,
        "typical_volume": 19901.1,
        "trend": 21.364497,
        "fair_value": 20.155486,
        "relative_strength": -5.667607,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.69951,
        "energy": 31.906513,
        "activity_lines": [
          21.147979,
          21.251254,
          21.364071,
          21.376485
        ]
      },
      {
        "date": "2025-12-05",
        "close": 21.733999,
        "volume": 7682,
        "typical_volume": 20051.7,
        "trend": 21.3945,
        "fair_value": 20.183547,
        "relative_strength": -3.697467,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.474509,
        "energy": 6.030989,
        "activity_lines": [
          21.342506,
          21.325696,
          21.39361,
          21.400324
        ]
      },
      {
        "date": "2025-12-12",
        "close": 21.500601,
        "volume": 25412,
        "typical_volume": 20857.9,
        "trend": 21.382223,
        "fair_value": 20.213919,
        "relative_strength": -3.82621,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.485823,
        "energy": 6.960695,
        "activity_lines": [
          21.4383,
          21.350445,
          21.399232,
          21.407169
        ]
      },
      {
        "date": "2025-12-19",
        "close": 21.452,
        "volume": 2522,
        "typical_volume": 20482.1,
        "trend": 21.39883,
        "fair_value": 20.245256,
        "relative_strength": -4.646909,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.129266,
        "energy": 12.711802,
        "activity_lines": [
          21.479253,
          21.369129,
          21.400429,
          21.411671
        ]
      },
      {
        "date": "2025-12-26",
        "close": 21.5497,
        "volume": 1401,
        "typical_volume": 19938.6,
        "trend": 21.406143,
        "fair_value": 20.278047,
        "relative_strength": -3.299894,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.300911,
        "energy": 21.480216,
        "activity_lines": [
          21.527787,
          21.406911,
          21.409562,
          21.421404
        ]
      },
      {
        "date": "2026-01-02",
        "close": 21.310801,
        "volume": 1620,
        "typical_volume": 19789.35,
        "trend": 21.39938,
        "fair_value": 20.306736,
        "relative_strength": -5.033118,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.108103,
        "energy": 8.073638,
        "activity_lines": [
          21.456267,
          21.396349,
          21.395301,
          21.415253
        ]
      },
      {
        "date": "2026-01-09",
        "close": 21.985701,
        "volume": 15585,
        "typical_volume": 20398.3,
        "trend": 21.430303,
        "fair_value": 20.33847,
        "relative_strength": -3.65272,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.202686,
        "energy": 33.695301,
        "activity_lines": [
          21.615027,
          21.515582,
          21.446991,
          21.45308
        ]
      },
      {
        "date": "2026-01-16",
        "close": 22.009701,
        "volume": 4961,
        "typical_volume": 20110.3,
        "trend": 21.461827,
        "fair_value": 20.371878,
        "relative_strength": -2.047722,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 62.939078,
        "energy": 49.393395,
        "activity_lines": [
          21.765007,
          21.628893,
          21.500798,
          21.490461
        ]
      },
      {
        "date": "2026-01-23",
        "close": 21.586901,
        "volume": 55047,
        "typical_volume": 22617.7,
        "trend": 21.47579,
        "fair_value": 20.39966,
        "relative_strength": -2.336396,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.349262,
        "energy": 40.225683,
        "activity_lines": [
          21.740114,
          21.645537,
          21.513072,
          21.49853
        ]
      },
      {
        "date": "2026-01-30",
        "close": 21.26,
        "volume": 8774,
        "typical_volume": 22370.4,
        "trend": 21.474617,
        "fair_value": 20.421254,
        "relative_strength": -3.359518,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.165167,
        "energy": 26.038849,
        "activity_lines": [
          21.597261,
          21.593477,
          21.493366,
          21.484608
        ]
      },
      {
        "date": "2026-02-06",
        "close": 21.032101,
        "volume": 9902,
        "typical_volume": 20648.3,
        "trend": 21.463273,
        "fair_value": 20.442851,
        "relative_strength": -5.810706,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.343613,
        "energy": 15.1139,
        "activity_lines": [
          21.397754,
          21.494224,
          21.453411,
          21.456059
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.851299,
        "volume": 7659,
        "typical_volume": 20714.85,
        "trend": 21.445673,
        "fair_value": 20.463291,
        "relative_strength": -6.813483,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -63.3246,
        "energy": 41.15776,
        "activity_lines": [
          21.15656,
          21.368615,
          21.397977,
          21.416576
        ]
      },
      {
        "date": "2026-02-20",
        "close": 21.0945,
        "volume": 27080,
        "typical_volume": 19069.65,
        "trend": 21.430713,
        "fair_value": 20.486619,
        "relative_strength": -7.712612,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.377027,
        "energy": 49.063103,
        "activity_lines": [
          21.07206,
          21.303273,
          21.368007,
          21.39392
        ]
      },
      {
        "date": "2026-02-27",
        "close": 21.185301,
        "volume": 32051,
        "typical_volume": 19546.9,
        "trend": 21.431403,
        "fair_value": 20.50962,
        "relative_strength": -7.773103,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.237209,
        "energy": 57.258596,
        "activity_lines": [
          21.07884,
          21.261824,
          21.349345,
          21.378087
        ]
      },
      {
        "date": "2026-03-06",
        "close": 21.263901,
        "volume": 9968,
        "typical_volume": 19481.45,
        "trend": 21.426367,
        "fair_value": 20.537113,
        "relative_strength": -0.627082,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.203023,
        "energy": 47.596058,
        "activity_lines": [
          21.138594,
          21.239515,
          21.339788,
          21.36728
        ]
      },
      {
        "date": "2026-03-13",
        "close": 20.898701,
        "volume": 31490,
        "typical_volume": 20388.5,
        "trend": 21.400904,
        "fair_value": 20.563129,
        "relative_strength": -1.323184,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.009113,
        "energy": 37.423513,
        "activity_lines": [
          21.076354,
          21.156002,
          21.295526,
          21.333238
        ]
      },
      {
        "date": "2026-03-20",
        "close": 20.587799,
        "volume": 23268,
        "typical_volume": 17923.55,
        "trend": 21.355497,
        "fair_value": 20.587706,
        "relative_strength": 0.312417,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.396233,
        "energy": 47.540233,
        "activity_lines": [
          20.919374,
          21.023455,
          21.225472,
          21.280779
        ]
      },
      {
        "date": "2026-03-27",
        "close": 20.1761,
        "volume": 12091,
        "typical_volume": 17123.1,
        "trend": 21.303233,
        "fair_value": 20.606415,
        "relative_strength": -2.107083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.799766,
        "energy": 69.431924,
        "activity_lines": [
          20.642727,
          20.841469,
          21.120171,
          21.204689
        ]
      },
      {
        "date": "2026-04-03",
        "close": 20.6427,
        "volume": 24055,
        "typical_volume": 17932.45,
        "trend": 21.27769,
        "fair_value": 20.630119,
        "relative_strength": -3.049334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.752522,
        "energy": 65.92047,
        "activity_lines": [
          20.58284,
          20.777658,
          21.062856,
          21.162074
        ]
      },
      {
        "date": "2026-04-10",
        "close": 20.6791,
        "volume": 20636,
        "typical_volume": 16206.25,
        "trend": 21.248133,
        "fair_value": 20.653426,
        "relative_strength": -6.264983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.504826,
        "energy": 64.328254,
        "activity_lines": [
          20.57126,
          20.737633,
          21.011076,
          21.123455
        ]
      },
      {
        "date": "2026-04-17",
        "close": 21.7264,
        "volume": 7076,
        "typical_volume": 16414.0,
        "trend": 21.2591,
        "fair_value": 20.68314,
        "relative_strength": -3.416373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.328294,
        "energy": 15.415407,
        "activity_lines": [
          20.947767,
          20.898587,
          21.060298,
          21.154311
        ]
      },
      {
        "date": "2026-04-24",
        "close": 22.093901,
        "volume": 5868,
        "typical_volume": 16323.3,
        "trend": 21.2844,
        "fair_value": 20.715234,
        "relative_strength": 1.364168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 23.374703,
        "energy": 25.934542,
        "activity_lines": [
          21.391594,
          21.113737,
          21.142921,
          21.208169
        ]
      },
      {
        "date": "2026-05-01",
        "close": 21.941,
        "volume": 10297,
        "typical_volume": 15567.55,
        "trend": 21.294,
        "fair_value": 20.747426,
        "relative_strength": 1.134304,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.142248,
        "energy": 38.564989,
        "activity_lines": [
          21.684047,
          21.278493,
          21.209267,
          21.250531
        ]
      },
      {
        "date": "2026-05-08",
        "close": 22.190201,
        "volume": 18861,
        "typical_volume": 16384.5,
        "trend": 21.31616,
        "fair_value": 20.780757,
        "relative_strength": 2.278574,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.693699,
        "energy": 54.985478,
        "activity_lines": [
          21.941907,
          21.473168,
          21.29725,
          21.30835
        ]
      },
      {
        "date": "2026-05-15",
        "close": 22.538601,
        "volume": 16465,
        "typical_volume": 17137.7,
        "trend": 21.35812,
        "fair_value": 20.814195,
        "relative_strength": 5.928104,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 80.898018,
        "energy": 85.861475,
        "activity_lines": [
          22.212734,
          21.712917,
          21.414899,
          21.387217
        ]
      },
      {
        "date": "2026-05-22",
        "close": 22.817301,
        "volume": 181419,
        "typical_volume": 26127.65,
        "trend": 21.395347,
        "fair_value": 20.848142,
        "relative_strength": 5.004277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.75002,
        "energy": 88.763071,
        "activity_lines": [
          22.452494,
          21.980162,
          21.554381,
          21.481358
        ]
      },
      {
        "date": "2026-05-29",
        "close": 23.174,
        "volume": 88269,
        "typical_volume": 29761.85,
        "trend": 21.453814,
        "fair_value": 20.882047,
        "relative_strength": 5.704048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.157004,
        "energy": 93.965089,
        "activity_lines": [
          22.738427,
          22.277379,
          21.720661,
          21.59611
        ]
      },
      {
        "date": "2026-06-05",
        "close": 23.5201,
        "volume": 2349,
        "typical_volume": 29631.25,
        "trend": 21.54045,
        "fair_value": 20.917785,
        "relative_strength": 6.74629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.089731,
        "energy": 94.801612,
        "activity_lines": [
          23.06772,
          22.5905,
          21.914245,
          21.729418
        ]
      },
      {
        "date": "2026-06-12",
        "close": 23.2812,
        "volume": 2513,
        "typical_volume": 27004.55,
        "trend": 21.613917,
        "fair_value": 20.949615,
        "relative_strength": 3.948392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.724552,
        "energy": 89.064,
        "activity_lines": [
          23.212107,
          22.799386,
          22.077883,
          21.841725
        ]
      },
      {
        "date": "2026-06-19",
        "close": 23.487101,
        "volume": 11840,
        "typical_volume": 27157.85,
        "trend": 21.698707,
        "fair_value": 20.98522,
        "relative_strength": 3.982439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.130733,
        "energy": 90.131865,
        "activity_lines": [
          23.352394,
          22.997735,
          22.253063,
          21.962575
        ]
      },
      {
        "date": "2026-06-26",
        "close": 23.3804,
        "volume": 743,
        "typical_volume": 26699.9,
        "trend": 21.765037,
        "fair_value": 21.017262,
        "relative_strength": 3.93075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.873094,
        "energy": 84.329505,
        "activity_lines": [
          23.39388,
          23.125629,
          22.407476,
          22.071072
        ]
      },
      {
        "date": "2026-07-03",
        "close": 23.750999,
        "volume": 755,
        "typical_volume": 26354.7,
        "trend": 21.83227,
        "fair_value": 21.05261,
        "relative_strength": 4.030958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.39356,
        "energy": 81.928428,
        "activity_lines": [
          23.52136,
          23.290833,
          22.586002,
          22.199198
        ]
      },
      {
        "date": "2026-07-10",
        "close": 24.0382,
        "volume": 74793,
        "typical_volume": 28740.35,
        "trend": 21.916857,
        "fair_value": 21.089645,
        "relative_strength": 7.306472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.722205,
        "energy": 83.749616,
        "activity_lines": [
          23.706107,
          23.478126,
          22.778072,
          22.341516
        ]
      },
      {
        "date": "2026-07-17",
        "close": 23.693899,
        "volume": 6061,
        "typical_volume": 27440.85,
        "trend": 21.991587,
        "fair_value": 21.122045,
        "relative_strength": 5.689523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.316484,
        "energy": 77.168054,
        "activity_lines": [
          23.741546,
          23.564687,
          22.923333,
          22.456164
        ]
      },
      {
        "date": "2026-07-24",
        "close": 23.623699,
        "volume": 6198,
        "typical_volume": 27252.35,
        "trend": 22.06072,
        "fair_value": 21.152642,
        "relative_strength": 4.901173,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.784448,
        "energy": 69.711763,
        "activity_lines": [
          23.726073,
          23.611145,
          23.049964,
          22.561462
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.3032,
        "volume": 5244,
        "typical_volume": 25940.05,
        "trend": 22.127134,
        "fair_value": 21.183317,
        "relative_strength": 1.855928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.352567,
        "energy": 60.327247,
        "activity_lines": [
          23.594659,
          23.579601,
          23.134833,
          22.641622
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.361,
        "volume": 5855,
        "typical_volume": 25069.4,
        "trend": 22.20631,
        "fair_value": 21.221738,
        "relative_strength": 3.949216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.825939,
        "energy": 66.295301,
        "activity_lines": [
          23.820993,
          23.731551,
          23.308996,
          22.785742
        ]
      }
    ],
    "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."
    }
  }
}